How do I know what I have to pay?
Students applying for federal student aid must complete a Doane College Financial Aid application and the Free Application for Federal Student Aid (FAFSA). Students should include Doane as one of the colleges they plan to attend. Our title IV code is 002544.
Information reported on the FAFSA is used to determine the amount of money your family should reasonably expect to contribute toward the cost of your education. Most of this information is taken from tax returns. You should plan to complete your federal tax returns as early as possible.
Since eligibility for financial aid is determined on an individual basis, it is impossible to make a blanket statement about eligibility. Each situation is different.
Your contribution is determined not only by family income and assets, but also by such variables as the size of your family, number of family members in college, taxes paid, age of older parent, student savings and earnings, and other factors which may affect a family's financial strength. Any substantial change in a family's situation should be brought to the attention of the Financial Aid Office.
Your financial eligibility or need for aid is determined by subtracting the family contribution from the college's costs, as follows:
COST OF ATTENDANCE - FAMILY CONTRIBUTION = FINANCIAL NEED