Study at Bond University

• Types of Aid
  • Overview
  • Interest rates
  • Key terms and participants
• Am I eligible for financial aid?
• Application Guide
  • How to apply
  • University / School code
  • Finding a lender
  • Bond University preferred Stafford Loan Lenders
  • What you should expect from your Lender
• Determining Your Loan Award
  • Financial aid award letter
  • Dependency status
  • Cost of Attendance
  • Financial need assessment
  • Annual loan limits for Stafford loans
  • Disbursements
  • Loan counselling
  • Documents you need to submit to Bond University
  • Requirements for Study Abroad students
• Managing Your Budget
  • Importance of money management
  • Managing your money effectively
  • Practice budget sheet
• Policies and Contacts
  • Satisfactory Academic Progress Policy
  • Contacts

Sidebar

For more information, contact:
Financial Aid Officer
Student Administration
BOND UNIVERSITY QLD 4229

Phone: +61 7 5595 1123
Fax: +61 7 5595 1747
Email: financial_aid@bond.edu.au

Study at Bond University

Financing Your Study

Students Applying for U.S. Federal Loan Programs

Determining your loan award

Financial Need Assessment

Once your documents are received, the maximum loan amount you are eligible for is determined by a process called Financial Needs Analysis (FNA). Firstly, your Cost of Attendance (COA) is determined based on the cost factors above. This is an estimate of your expected educational costs for the period in which you enrol (maximum period one year). The Expected Family Contribution (EFC), reported on the top right corner of your SAR, is then deducted from your COA as well as your EFC, e.g. sponsorships or scholarships, to determine your financial need.

Financial Need = Cost of Attendance – Expected Family Contribution