 |
|
| |
Policies & Procedures - Changes In Financial Circumstances |
| |
|
| |
 |
Financial Need |
|
| |
|
The majority of financial assistance is based upon financial need. The FAFSA (and PROFILE for new students) form collects data primarily on your financial resources for the previous year. We recognize that a family’s income is not always consistent from one year to the next, and that circumstances beyond a family’s control may inhibit a family’s ability to contribute to educational expenses. |
|
| |
| |
|
Changes In Financial Circumstances |
|
| |
|
We welcome the opportunity to discuss a substantial change in your family’s status since filing the FAFSA and PROFILE. Such circumstances include separation/divorce, loss of income, high medical and/or dental expenses (not covered by insurance), or a catastrophic expense. |
|
| |
| |
|
Reporting Changes In Financial Circumstances |
|
| |
|
If you or your family experience a significant financial change (such as those listed above), you must submit a Change in Circumstances Form and documentation of the situation. This documentation should be addressed to your financial aid counselor. |
|
| |
| |
|
Review Process |
|
| |
|
Student Financial Services will review the submitted documentation and make a determination if there can be a recalculation of your original EFC (Estimated Family Contribution). If there is a recalculation that results in a decrease in your EFC, additional aid will be considered for you based on a funds available basis. |
|
| |
| |
|
|
|
| |
