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Concerned Parents of Color: Your Financial Situation Changed --- College Financial Aid Re-Evaluation

Posted by rbutler on May 28, 2009 - 03:20 PM

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Times have gotten financially tougher for a lot of parents recently, resulting in unfavorable impacts on the funding of their student’s education.

 

Has your family’s financial situation changed significantly since your original application for financial aid?  This could include: layoff, reduction in time worked, reduction in pay, or reduction in the value of financial resources (for example 401K, educational plan, or other vehicle which you planned to use to fund your student’s education).

 

If the answer is yes, HAVE YOUR FINANCIAL AID APPLICATION RE-EVALUATED BY YOUR COLLEGE OR OTHER FUNDING INSTITUTION.

 

Click this link to view newspaper article on how some institutions have responded to this crisis.