General Policies of Need Analysis
CPS performs need analysis on students receiving Title IV assistance. Centenary does not at this time use an institution methodology. Federal aid is awarded based on the student Primary EFC.
Calculating Federal Methodology
The Federal Methodology is the mechanism the FAO uses to award and disburse Title IV Aid. Centenary receives the ISIR electronically via EDE.
Standard Adjustments to Need Analysis
Standard Adjustments to Need Analysis are performed on a case by case basis by the director of the FAO with sufficient documentation. Examples of Standard Adjustments are private school tuition or high medical expenses.