What is the Financial Aid Notification (FAN)?
Financial aid breakdown that shows the aid you are eligible for after filing your annual FAFSA.
Financial aid breakdown that shows the aid you are eligible for after filing your annual FAFSA.
The FAN is a crucial document that candidates receive after their FAFSA and any additional required documentation have been processed by the Office of Financial Aid.
This notification is sent via email (check your spam/junk folder in case your email provider redirects our email) and provides a comprehensive breakdown of all the financial aid sources that the candidate is eligible to receive. It also shows your out-of-pocket candidate contribution which will be divided by 12 to set your monthly payment amount when you set up your payment plan with our Bursar.The FAN serves as a valuable tool for candidates to understand their financial aid package and make informed decisions regarding their education expenses.
*Please note that, effective July of 2027, the undergraduate candidate contribution will increase to $80 per month out-of-pocket.
On the FAN - what is the difference between direct and indirect costs?
- Direct cost: charges Universities/Colleges bill directly to the student. Example - candidate contribution amount for tuition charges
- Indirect costs: costs candidates pay out-of-pocket throughout the academic year to parties other than the University/College they are attending. Example - computers, internet, books, off-campus housing, meals, transportation