Financial need definition

Financial need means the difference between the student’s financial resources, including resources available from the student’s parents and the student, as determined by a completed parents’ financial statement and including any non-campus-administered federal or state grants and scholarships, and the student’s estimated expenses while attending the institution. A student shall accept all available federal and state grants and scholarships before being considered eligible for grants under the Iowa minority academic grants for economic success program. Financial need shall be reconsidered on at least an annual basis.
Financial need means the difference between the total costs of the project less the total financing that will be received for the project.
Financial need means any positive difference between a student's cost of attendance and the student's expected family contribution (see definition of "remaining need").

Examples of Financial need in a sentence

Financial need is determined by the information provided on the student’s FAFSA.

Financial need and public debt will grow due to decreased revenue caused by the slowdown of the economic cycle and increased expenditures required for interventions of support and for “automatic stabilizers”, above all due to recourse to layoffs.

Financial need will be determined by the department based on review of the applicant’s financial statements, narrative submitted by the applicant outlining the financial need, and other documentation as requested by the department.

NEED: Financial need is the amount left over after subtracting the expected family contribution from your cost of attendance.

Financial need and immigration status may be considered, but will not be used in place of the primary selection criteria.


More Definitions of Financial need

Financial need means the difference between a student's cost
Financial need means the difference between the student’s financial resources available, including those available from the student’s parents as determined by a completed parents’ confidential statement, and the student’s anticipated expenses while attending the accredited private institution. Financial need shall be redetermined at least annually.
Financial need means the need of an applicant for financial assistance. Need shall be evaluated annually on the basis of a confidential statement of family finances filed on a form designated by the commission. For the purposes of determining financial need, the commission has adopted the use of the Free Application for Federal Student Aid (FAFSA), a federal form used to calculate a formula developed by the U.S. Department of Education, the results of which are used to determine relative need. The FAFSA must be received by the processing agent by the date specified in the application instructions.
Financial need means the difference between the student’s financial resources, including resources available from the student’s parents and the student, as determined by a completed parent’s or student’s financial statement. Financial need shall be reconsidered on at least an annual basis.
Financial need means the difference between the school's Cost of Attendance and the student's available resources.
Financial need means the difference between a student's cost of attendance and the student's total family contribution as determined by the method prescribed by the United States department of education.
Financial need means an Applicant whose means are not reasonably sufficient to enable him/her to buy or rent a suitable property in the Locality or the Neighbouring Parish which is reasonably convenient and suitable for the Applicant,