How is my aid determined?
Financial need is determined by subtracting a student’s Expected Family Contribution (EFC) from their Mid cost of attendance budget. Mid must consider all sources of financial assistance and subtract the estimated amount of all assistance from the student’s estimated total financial need.
Your Expected Family Contribution (EFC)
To determine a student’s eligibility for need-based assistance, Mid must consider the student’s EFC. The EFC is calculated by the U.S. Department of Education from the information submitted in the student’s FAFSA. The EFC measures a family’s financial strength and determines the students' eligibility for federal student aid.