A document that lists the type and amount of financial aid you are awarded for a year. New students are mailed a Financial Aid packet including the award letter once they are accepted. Continuing students can access their award letter(s) on My Antioch

 The process of approving a loan request and sending the information to the Department of Education; after certification the disbursement is scheduled.

 The overall cost of attending Antioch University Seattle for the fiscal year, including direct expenses (tuition and fees) and indirect expenses (e.g. living expenses). The amount includes tuition, fees, books, transportation expenses, personal expenses, and a portion of living expenses. The fiscal year runs from July 1 to June 30 each year.

 An approved postponement of payment on student loans for a specified period, to which the borrower is entitled.

 The actual payment of loan funds sent from the Department of Education and credited to the student account.

 Derived from a formula used to evaluate your family’s resources. The formula takes several variables into account including the version of the 1040 you file, your age, marital status, number of dependents, income, and assets. This information is collected on the FAFSA.

 The amount that remains after your EFC is subtracted from the estimated cost of attendance. If the resulting calculation is a positive figure, then you are considered to have financial need.

 Minimum of 12 credits for undergraduate students and six credits for graduate students.

 A period of time during which no payment is required.

 Gift aid which does not have to be repaid.