{"id":970,"date":"2022-02-24T20:14:21","date_gmt":"2022-02-24T20:14:21","guid":{"rendered":"https:\/\/www.purdue.edu\/dfa\/?page_id=970"},"modified":"2026-03-05T14:03:52","modified_gmt":"2026-03-05T14:03:52","slug":"faq","status":"publish","type":"page","link":"https:\/\/www.purdue.edu\/dfa\/contact\/faq\/","title":{"rendered":"Terms, Conditions & FAQs\u00a0"},"content":{"rendered":"\n
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Terms, Conditions & FAQs<\/h1>\n \n
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Purdue University has a strong tradition of helping students finance their education. The following definitions should help students and their families understand some of the terms used in financial aid programs.<\/p>\n\n <\/div>\n \n\n\n\n\n\n\n\n\n\n <\/div>\n <\/div>\n <\/div>\n\n

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Terms:<\/h2>\n\n\n\n

Calculating Aid Eligibility <\/h3>\n\n\n\n

The Student Aid Index (SAI), a replacement to the Expected Family Contribution (EFC) due to changes within the FAFSA Simplification Act, represents the amount you and your parents (if classified as a dependent student), or you (if classified as an independent student) and your spouse (if married) are expected to be able to provide to help meet your expenses for the enrollment period. You will not receive billing for the SAI. Your SAI is calculated using a federal formula based on the information you and your family provided on the Free Application for Federal Student Aid (FAFSA) and other documents submitted to our office. <\/p>\n\n\n\n

Parental Contribution (PC):<\/strong> Represents the parent portion of the SAI for dependent students. <\/p>\n\n\n\n

Student Contribution (SC):<\/strong> Represents the student portion of the SAI. <\/p>\n\n\n\n

Total <\/strong>Financial Aid<\/strong><\/a> Eligibility<\/strong>: The sum of the assistance for which you are eligible. <\/p>\n\n\n\n

Total <\/strong>Financial Need<\/strong><\/a>: Calculated by subtracting the SAI and other financial assistance from the estimated cost of attendance. <\/p>\n\n\n\n

Unmet Financial Need<\/strong>: The difference between your need and the total aid that is considered in meeting your financial need. <\/p>\n\n\n\n

Aid Messages:<\/strong> Provide information and\/or conditions of a particular type of aid, assumptions we have made in determining your eligibility, actions you need to take, reasons for revisions, etc. Read these messages carefully and take any action that may be required. These messages are found in your myPurdue account under \u201cFinancial\u201d then \u201cAid Messages\u201d. Students should check for important messages regularly.<\/p>\n<\/div>\n\n\n\n

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Frequently Asked Questions <\/h2>\n<\/div>\n\n\n\n
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