The Piecemeal Approach to Affording Higher Education

Week 6: How Schools Determine Financial Aid Eligibility

Because each school’s COA is different, your need at each school will be different. Schools will try to give you enough aid to cover your financial need. It would be great if every school could cover the difference between SAI and COA, but not all schools have the funding to do so.

NEXT WEEK: We’ll share tools to help you find schools that offer the programs you’re interested in, are in locations that appeal to you, AND are affordable! 

Keep Calm and FAFSA On

If you’re feeling a bit confused by all of these acronyms—FAFSA, SAI, COA—no need to worry! We’re here to help (and we can translate acronyms)! Please don’t hesitate to reach out to us at any time:

• Call us: 800-228-3734 (TTY: 207-626-2717); option 4
• Email us: Education@FAMEmaine.com
• Schedule a free one-to-one financial aid coaching appointment.

FAME's FAFSA and financial aid help is always free!

We're Here to Help!

FAME's College Access and Financial Education Team

Connect with Us!

The Finance Authority of Maine (FAME) does not discriminate in the administration of any of its programs or in its employment practices on the basis of race, color, national origin, age, gender, religion, physical or mental disability, political affiliation, marital status, or sexual orientation. FAME is an equal opportunity employer, provider, and lender.

FAME provides links to other websites as a convenience and does not endorse or guarantee the content, accuracy, or usability of such sites.