Change in Financial Circumstance
Adjustments to your financial aid offer may be made if there have been 重大的改变s to your family's financial situation.
Due to institutional funding limitations, students must exhaust all self-help opportunities (such as Federal Direct Loans and student employment) before they are eligible to be considered for an appeal grant.
We recognize that families occasionally experience changes in income or resources during the application process or the academic year. A request for reconsideration of your financial aid offer should be submitted when a family can document a 重大的改变 在经济状况下, or when a family's circumstances have changed after the applications for financial aid have been filed.
情况考虑
Although considerations for specific situations are limited, we may be able to give additional financial aid consideration for situations described below.
A three-year average 将被使用 for those requesting an alternate tax year. Required supporting documents include most recent tax year federal tax return, W2s, and a copy of the last paystub from all employers. Documents that may be requested include termination notice, 离职声明, 和/或失业救济金.
Supporting documents may include a statement explaining the loss, notice of termination of child support, 残疾人福利, 社会保障, 工人的补偿, 等. A listing of 社会保障 benefits of each member of the household.
Supporting documents may include providing the date of action, 离婚法令, 租赁协议, 水电费, a listing of the separation of assets, 等.
Supporting documents may include providing the date of death, death certificate or obituary notice, documentation of the proceeds of estate distributions, 包括继承, 养老金, and 社会保障 benefits that are expected.
If you itemize deductions: attach a schedule A from the most recent tax year.
If you do not itemize deductions: provide a list (date, 类型, amount) of unusually high medical, 牙科, or prescription expenses not covered by insurance or a third party. Total the amounts by calendar years as applicable.
Supporting documents may include an explanation of the 类型, amount, and how income was used (e.g. IRA distribution, property sale, inheritance, Form 1099, 等.).
The College recognizes that many families have experienced dramatic changes to their income that have impacted their family's financial situation. The 金融援助 Committee reviews change in income requests in accordance with our current policies, which includes taking a three-year average of income.
For the 2024-2025 academic year, a three-year average of 2022, 2023, and 2024 income 使用.
For the 2023-2024 academic year, a three-year average of 2021, 2022, and 2023 income 将被使用.
We know there are many factors that influence a family's financial health, but we are not able to accept appeals based on the circumstances described below:
- Higher living expenses experienced by the family (Cost of living is considered during our initial review.)
- Purchasing discretionary items such as a car, 家用电器, 婚礼, 假期, 第二套住房, 等.
- Reduction in the value of assets
- Credit issues, line of credit changes, previous student loan debt, 等.
- Costs associated by parents who are also attending college (Siblings pursuing undergraduate education is considered during our initial review.)
- Changes 在经济状况下 for international students
- A non-custodial parent’s unwillingness to contribute
- Financial aid offers from other institutions
If you believe you have a special circumstance and would like to request reconsideration of your financial aid, please submit a statement along with supporting documentation to finaid@pause-play.net. Additional documentation may be requested during the review of your request. Outcomes are decided by a 金融援助 Committee. 所有决定为最终决定.
For Regular Decision students: Please submit a complete request with all required documentation by April 17 to receive a response by the deposit deadline of May 1.