Financial Need

Financial Need

Financial need is the difference between the Cost of Attendance and your Expected Family Contribution (EFC).  

    Cost of Attendance  
-  Expected Family Contribution
    Financial Need

Every school has a Cost of Attendance that includes direct and indirect costs.

  • Direct costs are the charges that La Roche University will bill students for each semester that the student is enrolled. Direct costs are tuition, fees, room and board, (if the student is residing in one of the residence halls.)
  • Indirect costs are not billed by La Roche University but are expenses that the student will incur. Indirect costs include books and supplies, transportation costs, personal expenses and a living allowance, if the student is commuting from home or living off-campus.
  • NOTE: Dependent students who move off-campus, must provide the Financial Aid Office with a signed copy of their lease.


Your Expected Family Contribution or EFC is determined by the federal government using a standard formula after you file your Free Application for Federal Student Aid (FAFSA.) Your EFC is subtracted from the Cost of Attendance and the result is your financial need. Your EFC will stay the same regardless of the school you attend. Therefore, your financial need will be more at a high-cost school and less at a low-cost school.

The Financial Aid Staff at La Roche University will review the results of your FAFSA and review your EFC. Your eligibility for need-based grants, loans, and work-study will be determined. An award letter will be mailed to you that will list the types and amounts of financial aid for which you qualify for at La Roche University. These awards may include scholarships offered through the Admissions Office, need-based grants, loans and work-study.

New Students: A financial aid package will be prepared for you after you have been accepted for admission to La Roche University beginning on or around Oct. 15.

Returning Students: A financial aid package will be prepared for you after your spring semester grades have been reviewed beginning the end of May.