What is the meaning of Financial Need?

Subtopics: Student Loans 

Financial Need is the difference between the Expected Family Contribution (the portion of a family's financial resources which should be available to help pay for school), and cost of education (includes tuition and fees, books and supplies, room and board, transportation and personal expenses). This is the amount of aid a student is eligible to receive.

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APABarry Goldsmith. (2010). Financial Need. Retrieved September 23, 2026, from http://smartdefine.org/financial_need/definitions/1153974
ChicagoBarry Goldsmith. 2010. "Financial Need" http://smartdefine.org/financial_need/definitions/1153974 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, Financial Need, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/financial_need/definitions/1153974>.
MLABarry Goldsmith. "Financial Need" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/financial_need/definitions/1153974>