Will our savings and other assets be considered when our financial need is being determined for purposes of receiving financial aid at UF?
Filed under Applying for Aid, Eligibility for Financial Aid.
Family assets, such as stocks and bonds, net business worth, and savings are taken into account in determining UF’s expected family contribution toward a student’s education. Eligibility for federal financial aid funds is determined by rules set by the federal government that provide, among other things, allowances for retirement needs in computing this contribution.
The Office for Student Financial Affairs (SFA) in S-107 Criser Hall, is UF’s financial aid office.