Tuition & Financial Aid | Common Questions
The federal government uses a formula to determine your Estimated Family Contribution (EFC) and your Cost of Attendance (based on your enrollment) that will determine how much, if any, aid you receive. To receive aid, you must not be in default on any previous federal student loans. You also must make Satisfactory Academic Progress as outlined in the Academic Catalog.
You may receive a Pell Grant that does not need to be repaid. You may also qualify for federal student loans that must be repaid with interest. College Unbound strives to ensure affordability and urges students to contact a financial aid advisor before accepting federal loans.
I was selected for verifcation, what does that mean?
I need help with the online financial aid interview.
The online interview is designed to learn more about you so we can tailor your aid to you.
To complete the online interview you will need the following information on hand:
- Two references with phone and address information (must live at difference addresses).
- Your Estimated Family Contribution (EFC) that can be found on your Student Aid Report (SAR). Directions to access your Student Aid Report.
If you are not living with your parents, when the interview asks you about your parent status, please select unknown.
If eligible, the interview will ask you whether you wish to accept only grants, or grants and loans. Grants do not need to be repaid while loans must be repaid with interest. College Unbound strives to make college affordable and to graduate students with little or no college debt. If considering loans, we encourage you to speak with a financial aid advisor the implications.
What if I drop a class? Do I still need to pay?
Why does my bill show a negative balance?
I need help. Who can I contact?
If you need help completing the FAFSA, the College Planning Center offers free assistance.
For financial aid questions, you can contact a College Unbound financial aid advisor Tom Norton at email@example.com.
For billing or payment questions, please contact Maureen Kayata online or by phone at (401) 752-2640.