Determining Financial Aid Eligibility
Most financial aid awards are designed to meet the Financial Need of CCRI students. Financial Need is defined as the gap between the student’s Cost of Attendance and the Expected Family Contribution. The cost of attendance includes tuition and fees, books and supplies, room and board, and miscellaneous personal expenses. The expected family contribution is calculated according to a federal formula that measures how much individual students and their families are expected to contribute toward their education.
In addition to demonstrated financial need, aid applicants must meet the following eligibility requirements:
- be a U.S. citizen or eligible non-citizen
- be registered with Selective Service, if required
- must be enrolled at least half-time (six credits) to be eligible for Rhode Island Last Dollar Scholarship and to receive priority funding for Federal College Work Study (FCWS) and Federal Supplemental Opportunity Grant (FSEOG). Students may be eligible for a Pell Grant if enrolled less than half-time. Direct Loan recipients must be enrolled for at least 6 credits at the time the loan is disbursed.
- maintain satisfactory academic progress toward the selected course of study
- not be in default of a loan, or owe a repayment of any aid received