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Calculating Your Financial Aid Award

​​​ Your financial aid is determined by CMU’s cost of attendance and your ability to pay. Your ability to pay is the Expected Family Contribution (EFC) and it is based upon the financial information you supply to the federal processor on your FAFSA.

The difference b​etween the cost of attendance and your expected family contribution is your need, which equals the amount of your subsidized loan eligibility.

You may also be eligible for an unsubsidized loan to cover your expected family contribution.

For example, if the cost of attendance were $1,000, and your expected family contribution was $500, your need and the amount of subsidized loan you would be eligible for would be $500.

Cost of attendance $1,000  
EFC -500  
Need $500= subsidized loan

You may also be eligible for an unsubsidized loan of $500.