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Office of Financial Aid and Scholarships

Division of Student Life and Enrollment

The Office of Financial Aid offers financial assistance to students in the form of federal and state programs that provide scholarships, grants, loans and student service positions to assist eligible students in pursuing their academic goals.

Cost of Attendance minus your Expected Family Contribution equals your Financial Need.


What is Financial Aid?

Financial aid is money offered to help students meet educationally related expenses. Aid is usually provided by or through federal and state agencies, foundations, corporations, and the universities. 

The amounts and types of financial aid that students receive are determined through federal, state, and local guidelines.

Financial aid is intended for those in need of it based on their economic circumstances, and we take steps to ensure the integrity of our programs are not jeopardized. Federal Student Aid is to be used for education related expenses. Falsifying information on the FAFSA may result in significant fines and imprisonment.


Cost of Attendance

The cost of attendance used to calculate financial need  for purposes of financial aid disbursement  is an estimate of a student's educational expenses for an Academic Year.  ETSU uses the these figures to determine financial need. 

The actual cost of attendance for any given student can vary considerably due to level of enrollment (full time, part time), department/program/course specific fees, housing needs, meal plans etc. 

See the current budgets used to determine your federal financial aid eligibility.  Remember, this is not your actual cost to attend ETSU, these are estimated values used to help in the calculation of your financial aid.


Expected Family Contribution

Students and their families are expected to contribute to the cost of college to the extent that they’re able. This dollar amount  is referred to as your "Expected Family Contribution" (EFC) .  Once you have completed your FAFSA, your EFC is calculated through a formula established by federal law.  This formula takes into account many variables including your (and your parents' or legal guardians' if you are a dependent):

  • Income and assets
  • Number of people living in your household
  • Number of people in your household attending college
  • State of residence

Your EFC amount will be the same regardless of what University you apply to.  Your financial need and ultimately how much aid you are offered will vary based on the Cost of Attendance for your program, college, of University.

You can get detailed worksheets of the EFC formula at Click on the year under The EFC Formula, or you can call the Federal Student Aid Information Center at 1-800-4-FED-AID (1-800-433-3243).


Type of aid available:

Grants Money that does not have to be repaid, although they may carry certain provisions. more info about Grants...

Scholarships = Money that does not have to be repaid, but the student must meet certain requirements to qualify and must explicitly apply for specific scholarships. more info about Scholarships...

Loans Money offered at low interest rates that must be repaid over an extended period of time after leaving the institution or upon failure to attend. more info about Loans...

Federal Work Study Aid = Money earned while working on campus in a Federal Work Study Program (FWS) or a Regular Student Work Program (RSWP).  more info about Student Service Positions...


When will I know how much my final tuition and fees are, and how do I find them? 

You will be able to see your actual charges on GoldLink by viewing your student account after mid July of every year and after you have registered for classes. 


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