Center for Adult and Professional Studies
Financial Aid Process

Financial aid awards are meant to close the gap between a student’s resources and the cost of attending St. Andrews. To make a fair assessment of a student’s financial need, admitted students are strongly encouraged to complete the Free Application for Federal Student Aid (FAFSA).

Using federal methodology as a guideline, and recognizing that education is only one of many things for which a student works and saves, the US Department of Education determines the Expected Family Contribution (EFC) – the amount that the family, including the student, could be reasonably expected to contribute toward the cost of education. To determine a family’s financial need, the EFC is subtracted from the cost of attendance at St. Andrews.

There are many types of financial assistance available for students attending St. Andrews. Eligibility for need-based federal and state financial aid is determined by the Free Application For Federal Student Aid (FAFSA). Please note that this will not change your financial aid package, but you must satisfy the FAFSA requirement in order to receive any federal aid.

Filing the FAFSA

Each student should file the 2010-2011 Free Application for Federal Student Aid (FAFSA). St. Andrews desires for every admitted and returning student to file the FAFSA.

As you know, St. Andrews is merging with Webber International University. Part of the merging process involves how St. Andrews processes financial aid.

In order to file the FAFSA go to http://www.fafsa.ed.gov/ . You will be asked to designate the schools that you wish your FAFSA information to be shared with. In order for St. Andrews to receive your FAFSA you must add Webber International University as your school code: 001540.

Webber International University/St. Andrews School Code: 001540

The online version of the FAFSA processes at a significantly faster rate than the mail version. It is prudent to apply as soon after January 1 as possible, however St. Andrews’ prefers that you file your tax return before filing the FAFSA to ensure that accurate information has been reported. In order for St. Andrews to receive FAFSA results and determine your eligibility for financial assistance, you must enter the correct federal school code (001540) in the appropriate place on the FAFSA.

Click here to file your FAFSA (Free Application for Federal Student Aid)

St. Andrews School Code is 001540. For assistance in completing the FAFSA click here: Completing the FAFSA

After you submit the FAFSA the student will receive a Student Aid Report (SAR). The SAR is a report, summarizing financial and other information reported on the FAFSA and sent by the Federal Government. The student’s financial aid need is indicated by the Expected Family Contribution (EFC), which is printed on the SAR.

St. Andrews will receive an Institutional Student Information Record (ISIR) electronically from the US Department of Education. The ISIR will identify a student who has applied for federal student aid via the FAFSA utilizing the St. Andrews School Code.

Expected Family Contribution

This is the amount a student and their family are expected to contribute to a student’s education based on family earnings, net assets, savings, size of family, and number of students in college. Your EFC is the estimated amount your family can afford, per year, to pay for college; however, it does not always mean you will pay that amount. The out of pocket expense depends on what the school charges to attend.

Would you like to see an estimate of your EFC (Estimated Family Contribution) Estimating Your EFC?

The difference between the cost of attendance and the EFC is your financial aid eligibility or financial need.

Return to Financial Aid.

Center for Adult and Professional Studies
Financial Aid Process

Webber International University/St. Andrews School Code: 001540

Admissions

Other Important Links

Center for Adult and Professional StudiesFinancial Aid Process

Webber International University/St. Andrews School Code: 001540

Admissions

Other Important Links

Center for Adult and Professional Studies
Financial Aid Process