Wayne State University

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How Financial Aid is Determined

The financial aid office determines your eliibility for awards based on the data that you supply on the Free Application for Federal Student Aid (FAFSA).

Need-Based Aid

Need-based aid includes selected university scholarships, Federal Work-Study, and the Federal Perkins Loan.

To determine your financial need, the financial aid office subtracts the amount of your Estimated Family Contribution (EFC) from the estimated cost of attendance (COA) for law students.

Estimated Cost of Attendance (Tuition, Books, Room & Board, etc.)
- Expected Family Contribution
= Financial Need

Non-need-based Aid

Non-need-based aid includes selected university scholarships, the unsubsidized Federal Direct Loan, the Federal Grad PLUS Loans, Private Educational Loans, and other resources.

To determine your eligibility for non-need-based aid, the Wayne Law Office of Student Financial Aid subtracts the amount of need-based aid offered from the estimated cost of attendance (COA) for law students. The sum of all aid from all sources cannot exceed your estimated cost of attendance. 
Estimated Cost of Attendance (Tuition, Books, Room & Board, etc.)
- Need-based aid
= Eligibility for Non-need-based aid

Award Eligibility

To determine your eligibility for aid, the financial aid office considers your Expected Family Contribution (EFC), Estimated Cost of Attendance and other resources. 

Expected Family Contribution (EFC)

We use the EFC to determine your eligibility for need-based federal student aid and some university funds.
Applying a need analysis formula set by Congress, the U.S. Department of Education uses the information you report on your Free Application for Federal Student Aid (FAFSA) to calculate the Expected Family Contribution (EFC). This number represents the amount that you are expected to contribute toward your education. It is calculated from student income and asset information. Allowances are made for household size, number of family members in college, and an asset protection based on your age. There are opportunities to borrow funds to help pay the EFC.

Cost of Attendance

Academic Year Cost of Attendance Budget

The Cost of Attendance represents an estimate of the costs to attend law school for an academic year. These costs include tuition and fees, books and supplies, and an allowance for housing expenses, transportation, health care costs, and personal expenses.

Tuition and Fees - The WSU Board of Governors publishes tuition and fees  each year (generally after August 1). To learn more about tuition and fees, access the WSU Tuition and Fees Website at http://sdcl.wayne.edu/RegistrarWeb/Tuition/geninfo.

Books and Supplies - Books and supplies costs will vary by credit hours and classes you have selected. Although books and supplies are included in your estimated cost of attendance, your own resources must be used for the initial purchase of your books. If your financial aid pays all of your charges on the university bill, any excess will be refunded to you to cover the cost of books and other living expenses. 

Housing Expenses - Your housing costs will vary based on the living arrangements that you select. The financial aid office uses an estimate based on a survey of students and housing options in the area. Students living on their own will have a higher estimate than students living with at home with parents. 

Transportation, Health Care Costs and Personal/Miscellaneous Expenses - These estimates represent an allowance for other expenses you may incur while attending school.

With documentation, your estimated cost may be increased to allow for other school related expenses such as child or dependent care, disability-related expenses, purchasing a computer and costs for a professional license.

Other Resources

Other resources may affect your eligibility for student loans. When the financial aid office is notified that you have received other resources, need-based aid may be reduced or canceled according to federal financial aid regulations and policies. If the aid has already been paid to your account when the notification of resources is received, the paid aid may be reduced or canceled before the other resources are applied. Other resources include scholarships and reimbursement or payment of educational costs by a third party (e.g., an employer or other agency).