Financial Aid Award Letter

The Financial Aid Office uses the following information to determine your award:

• Your dependency status – status as listed on Student Aid Report (SAR)
• Your Cost of Attendance (COA)
• Your Financial Need Assessment (FNA)
• The annual and aggregate loan limits appropriate to you while attending Bond University
• Your Expected Family Contribution (EFC) as outlined on your SAR
• You also need to advise the Financial Aid Office of any other grant / aid or scholarship that you are in receipt of, or are in the process of applying for when you submit your application for aid.

The combination of these items is what the Financial Aid Office uses to calculate a student's financial aid award each year.

Your financial aid award will be communicated to you in an ‘Award Letter.’ A copy of the Award letter must be signed and returned before your loan will be disbursed. The original copy of this award letter can then be used in your visa application to prove that you have access to sufficient funds.