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FINANCIAL AID ELIGIBILITY REQUIREMENTS
Most types of financial aid are awarded based on need. Need is essentially the difference between the cost of education and the amount a family is expected to contribute toward those costs. A family’s expected contribution is determined by a standard federal formula.

To be eligible for financial aid, a CVA student must:
Be enrolled at CVA in a degree program.
Complete the Free Application for Federal Student Aid (FAFSA).
Be a U.S. citizen or permanent resident.
Be registered with Selective Service (if you are a male).
Not be in default on any educational loan or owe a refund on any federal or state grant, and maintain satisfactory academic progress towards a degree.
Some types of financial aid may require full time enrollment. Financial aid is prorated for part-time students according to their course load. Financial aid for second degree seeking students is limited to the CVA Grant and student loans.

A student has to reapply annually for all types of financial aid. In January, new financial aid forms and applications are distributed for the next fall term. Returning students who wish to apply for aid should complete their financial aid application by April 1 for priority consideration.

APPLYING FOR FINANCIAL AID

STEP 1
Complete the CVA Application for Financial Aid.

STEP 2
Complete the Free Application for Federal Student Aid (FAFSA) online at www.fafsa.ed.gov. CVA’s school code is 007462. If you don’t want to submit your FAFSA online, you may request a FAFSA booklet from the Financial Aid Office. Once your form is completed, please submit your form to the Financial Aid Office for processing.

If you already completed the FAFSA and didn’t include CVA as one of your college choices, call (800) 433-3243 or go on-line to www.fafsa.ed.gov to have a copy of your SAR sent to the CVA Financial Aid Office.

Your FAFSA may be selected for a process called verification. One out of every three applicants is selected for this process. If your application is selected, the CVA Financial Aid Office will contact you requesting various documents. Please note that your financial aid file will be placed in “hold” status until all the required information is received by the Financial Aid Office.

NOTE: It is recommended that you submit the FAFSA after you and/or parents, if applicable, have completed the current federal income tax forms (1040). If the tax forms are not complete, you may estimate the financial portion of the application.

STEP 3
To apply for the Federal Stafford Loan, you must complete student loan entrance counseling and complete the Federal Stafford Master Promissory Note (MPN). Both steps below can be completed at the CVA web site. You will be required to select a lender for your Stafford Loan application.
Complete the MPN online at the CVA Stafford Loan Guide Page. The MPN is a continuous promissory note that needs to be submitted only once.
Complete Stafford Loan entrance counseling online at the CVA Online Student Loan Counseling Page. Please note, some lenders may include entrance counseling as part of the MPN process.
Please print a copy of both the MPN and the Entrance Interview Confirmation for your records. If you prefer not to complete this process online, please contact the CVA Office of Financial Aid for more information on completing the paper application.

Estimated Cost of Attendance, 2009-2010

The cost of attending Purdue University varies depending on factors such as where a student chooses to live, travel expenses, food costs, enrollment in a specific program or college/school, etc. Below are estimated costs for the 2009-2010 academic year (two semesters of full-time enrollment). Use the Purdue online Financial Aid Estimator for an immediate estimate of financial aid eligibility at Purdue.
Indiana Resident
Nonresident
Billed Expenses

Tuition/Fees
$8,060*
$24,160*

Room/Board
$8,330
$8,330

SUBTOTAL
$16,390
$32,490
Other Estimated Expenses

Books/Supplies
$1,240
$1,240

Travel
$300
$460

Miscellaneous
$1,740
$1,740

SUBTOTAL
$3,280
$3,440
ESTIMATED TOTAL $19,670 $35,930

*Some programs have additional fees:

Engineering – $690

Management – $1,070

Flight – Individual courses in this program have additional fees; please refer to the Bursar Web site or contact the department for specific flight course fees.

This information is subject to change without notice.

If you enroll in classes but must withdraw before the semester starts, Purdue will refund your tuition/fees. After classes begin, refunds are reduced proportionally. Students who have certain types of federal financial aid are subject to other refund schedules.