Financial need is the difference between the Cost of Attendance and your Expected Family Contribution (EFC.)

                                          Cost of Attendance
                                        - Expected Family Contribution
                                          Financial Need

Every school has a Cost of Attendance that includes:

•  Tuition and fees

•  Books and Supplies

•  Room and board

•  Transportation

•  Personal and miscellaneous expenses

Your Expected Family Contribution or EFC is determined by the federal government using a standard formula after you file your Free Application for Federal Student Aid (FAFSA.) Your EFC is subtracted from the Cost of Attendance and the result is your financial need. Your EFC will stay the same regardless of the school you attend. Therefore, your financial need will be more at a high-cost school and less at a low-cost school.

The Financial Aid Staff at La Roche will review the results of your FAFSA and review your EFC. Your eligibility for need-based grants, loans and work-study will be determined and after you have been accepted for admission, a financial aid package will be prepared for you. An award letter will be mailed to you that will list the types and amounts of financial aid the school will offer you.