Typically, notification of the amount of federal loans for which a student is eligible each year is found:

a. on the loan confirmation form

b. on the student's high school transcript

c. in the student's award letter

d. in the student's financial aid application

Notification of the amount of federal loans for which a student is eligible each year is found in the student's award letter. The award letter features the financial aid package being offered to you for the academic year. The financial aid package is based on your Expected Family Contribution (EFC), financial need, availability of funds and full time enrollment status. One may be eligible for one type of aid or a combination of grants, loans, work-study and scholarship assistance.