Determining Financial Aid
Cost of Attendance
Cost of Attendance (COA) is sometimes referred to as a student budget. It represents a reasonable estimate of the cost of attending the University for a full academic year, including:
- estimated amounts for tuition and fees;
- books, course materials, supplies and equipment;
- housing and food (on- or off-campus); and
- a modest allowance for personal/miscellaneous expenses.
A student's financial aid cannot be more than their estimated Cost of Attendance for financial aid purposes.
Keep in mind that your actual costs may differ from the estimated cost of attendance. You may want to use a budget worksheet to help you determine actual costs. You can view more information on our Cost of Attendance webpage.
Expected Family Contribution
The Expected Family Contribution (EFC) is determined by the U.S. Department of Education using the information reported on your Free Application for Federal Student Aid (FAFSA). It is based on family income, assets, the number of family members in the household and the number of members attending college. It does not represent the amount you owe WVU.
Many of the federal aid programs have specific criteria students must meet in order to qualify for that aid program. The Federal Pell Grant Program, for example, is determined by the EFC as well as the student’s enrollment. The amount of the Pell Grant will vary based on if the student is enrolled on a full- or part-time basis.
For most students, the estimated cost of attendance and aid offers provided are based on anticipated full-time enrollment in courses eligible for federal and state aid. For Title IV federal aid and WV state aid eligibility, there are requirements for enrollment that must be met to determine if courses can count toward the enrollment requirements for that aid, such as repeated coursework and courses required for degree completion (also known as Course Program of Study or degree-pursuant coursework).
Student Aid Index (SAI)
Due to the Free Application for Federal Student Aid (FAFSA) Simplification Act, the Student Aid Index (SAI) is replacing the Expected Family Contribution (EFC) beginning with the 2024-2025 FAFSA.
The SAI is determined by the U.S. Department of Education using the information reported on the FAFSA. It is based on family income, assets, and family size. The SAI can go as low as -$1,500. However, it does not represent the amount you owe to WVU.
Many federal aid programs have specific criteria students must meet in order to qualify for that aid program. The Federal Pell Grant Program, for example, is determined by the SAI as well as the student’s enrollment. The amount of the Pell Grant will vary based on if the student is enrolled on a full- or part-time basis.
Need-based Financial Aid
Federal financial aid programs were created with the intent that the primary responsibility for paying college costs rests with the student and their family or support system. Need-based financial aid is available to students who demonstrate financial need for additional resources to help pay college costs — as determined by the Free Application for Federal Student Aid (FAFSA).
Below are the formulas used to determine eligibility for need-based aid for the 2023-2024 and 2024-2025 FAFSAs
For the 2023-2024 FAFSA:
Cost of Attendance for financial aid purposes (COA) minus (-) Expected Family Contribution (EFC) minus (-) Scholarships & Other Resources = Need for Aid
For the 2024-2025 FAFSA:
Cost of attendance for financial aid purposes (COA) minus (-) Student Aid Index (SAI)* minus (-) Scholarships and Other Resources = Need for Aid
Due to federal regulations, a negative SAI will be adjusted to 0 for these calculations.
Financial aid is offered on the basis of financial need with the exception of the Federal Direct Unsubsidized Loan, Parent PLUS Loan, Graduate PLUS Loan, and private loan programs. Institutional scholarships and grants may be offered based on a variety of criteria, such as academic merit, financial need, leadership, service, etc.