Скачать или смотреть What Income Changes Require A Financial Aid Update?

Life is unpredictable, and unexpected income changes can significantly impact your college financial aid. This video explains why updating your financial aid information is crucial when your financial situation shifts.

Discover the key reasons and steps to take when your income changes:
► Financial aid is based on prior tax year income, making updates vital for accurate eligibility.
► Job loss, pay cuts, unexpected medical expenses, divorce, or death in the family are key events warranting an update.
► These changes directly affect your Student Aid Index (formerly EFC), potentially increasing your eligibility for grants and scholarships.
► Always contact your college's financial aid office first to initiate a professional judgment request.
► Provide thorough documentation like termination letters, new pay stubs, or medical bills to support your claim.


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