<p>So a lot of scholarships that I have seen said that the applicant must demonstrate financial need. I was wondering, what exactly qualifies as demonstrating need? If my EFC is about 10K, do I qualify for these types of scholarships, or is our income too high?</p>
<p>Your financial need can be determined by the following equation:</p>
<p>Cost of Attendance - EFC = Need</p>