Need is calculated by subtracting a student's Expected Family Contribution (EFC) from the Cost of Attendance, or budget, that has been assigned. Most financial aid that we award is need-based.
Need-based programs include the following (but are not limited to):
- Federal Pell Grant
- Federal Supplemental Educational Opportunity Grant (SEOG)
- State Student Assistance Commission of Indiana (SSACI) Grants
- Federal Work Study
- Federal Stafford Subsidized Loan
Typically scholarships and fee remisions are not awarded based upon a student's EFC or need. However, it should be noted that fee remissions, IU awarded scholarships and those awarded by private donors, are all included when totaling the amount of aid counted towards need.