Full-time = 12 or more credits
Three-quarter time = 9 to 11.5 credits
Half-time = 6 to 8.5 credits
Less-than-half-time = .5 to 5.5 credits
NOTE: Most types of financial aid require at least half-time enrollment.
Counseling sessions that borrowers are required to attend before receiving their first federal loan disbursement and prior to leaving school. (For more information, see Loan Counseling.)
Estimated Financial Assistance (EFA)
The amount of student financial aid the student can expect from federal, state, school or other sources, including grants, loans or need-based work programs. The school uses this estimate when certifying loan applications.
Expected Family Contribution (EFC)
The amount you and your family are expected to contribute toward your college costs. It includes a student contribution for all students and a parent contribution for dependent students. The EFC is calculated from the information provided on your FAFSA and reflects the amount the government believes you and your family can afford. In some cases, the EFC may be zero. If you do not believe your EFC accurately reflects your family's ability to pay for your education, due to a change in family or financial circumstances, contact the FAO.