3 Circumstances in Which You Can Obtain Extra Financial Aid

Not getting enough financial aid can offset the joy in getting a college acceptance letter. But it’s nothing to feel bad about since with a bit of extra paperwork and a few trips, you can get a financial package that might work in your favor.

That said, here are 3 special circumstances when you can get extra aid from a college of your choice:

#1: A change in circumstances

The financial assistance that you receive will be based on your parent’s assets and income for the previous year. If there are any drastic fiscal changes since then, you can get an increase in aid for college.

A number of instances such as a layoff, retirement, divorce, death among others qualify. However,you have to come up with the documentation to prove it.

#2: Change in enrollment

If you’re moving from part-time to full-time enrollment, a review of your financial aid might be on the cards. This is because your costs are much more when studying full-time. Apart from this, if you are changing majors, then this applies too. That said, even if your financial aid package gets adjusted, that doesn’t mean you will get gift aid.

#3: Changes in Family Size

Changes in family size can help you get financial aid either if it’s a new baby on the way or if another sibling is going to college or even a relative moving into your household. All you have to do is ask for a valid aid review but what you must keep in mind is that you have to offer documentation as well. In fact, the earlier that you do this, the better your chances will be to get financial aid.