Q.Our family’s financial situation has changed since we completed the financial aid applications. Can we appeal our financial aid award?

 

A.If affordability is a concern, especially at the student’s top choice college, please contact the financial aid office to discuss your situation. Common scenarios that may warrant an appeal include:

  1. Reduction in parent income or job loss since 2018 (the tax year used to complete the 2020-2021 financial aid applications)
  2. Large medical expenses
  3. Providing financial support for an elderly family member.

 

Appeals are not limited to these scenarios. If you feel your financial situation isn’t accurately reflected within the financial aid application(s) for any reason, it’s a good idea to contact the financial aid office.

Try connecting with the student’s assigned financial aid counselor. They will provide guidance and discuss next steps including the required documentation to advance the appeal.

While most college campuses are closed, staff are working remotely, and remain committed to supporting admitted students as they navigate this process. Keep in mind that the role of the financial aid office isn’t only to process applications and prepare financial aid awards, but to work with you to determine how to make their college an affordable reality. Visit the colleges website for up to date information including contact details.

You may also like:

2020

Waiting Room Reward

Waiting Room Reward

What does flipping through a magazine in a doctor’s office have to do with saving for college? For Brenna DeLaine, a physician herself, it resulted in saving thousands of dollars for her children’s higher education tuition costs.  It was about 16 years ago when Brenna...

read more
From the Beginning

From the Beginning

Andrew Spargo likes his newspapers—the printed version—not the online sites. So he was reading The Wall Street Journal in 2003 when he saw an ad for a new way to save for college, called Independent 529. (It’s now Private College 529 Plan.)  At the time, Andrew and...

read more
Doubly Good College Savings

Doubly Good College Savings

Ken and Trina Weingarten know finances and believe strongly in higher education. They have made saving for their daughters’ (Sofia and Elena) college expenses a high priority since they were young.    The couple has operated Weingarten Associates, a financial and tax...

read more