When living on campus at UVM, your financial aid offer is based on the fact that you will be billed for food and housing. As an RA, you will receive a credit to your student account paying for your housing (traditional double) and food (average food plan). Your financial aid will be adjusted based on this credit.
Cost of Attendance | - | Expected Family Contribution | = | Financial Need |
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Your Cost of Attendance at UVM is based on a calculation of tuition, fees, food & housing, books & supplies, and personal, miscellaneous, and transportation expenses. | Your Expected Family Contribution (EFC) each year is calculated based on your family's financial circumstances as determined by your FAFSA. Becoming an RA does not change your EFC. | This is what you receive need-based aid for in your financial aid offer. Since RAs earn free food and housing, your financial aid offer needs to factor in this credit. This is a federal requirement.* |
* Your aid offer may be reduced: We reduce aid offers in a way that is most beneficial to a student; first by reducing loans (portion covering financial need) before reducing work-study and need-based grants.