What criteria are used to determine who gets financial aid?

Financial aid eligibility is typically determined by several criteria, including financial need, which is assessed through the Free Application for Federal Student Aid (FAFSA) or similar forms. Factors such as family income, assets, number of dependents, and the cost of attendance at the institution play a significant role. Academic performance, enrollment status, and specific circumstances like disability or being a first-generation college student can also influence aid decisions. Additionally, some scholarships may have criteria based on merit or specific demographic factors.