Layoff or Retirement - How does it affect FinAid?





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College Discussion Forums: Financial Aid and Scholarships: September - November 2003 Archive: Layoff or Retirement - How does it affect FinAid?
By Digmedia (Digmedia) on Saturday, September 27, 2003 - 09:41 am: Edit

The financial aid apps are based on last year's tax returns as an indication of your income. What happens if the income change radically during the process (or even after the process of applying)? With all the job losses and early (sometimes forced) retirements, or wildly varing incomes for self-employed, suppose this happens during your student's first/second/third year of school? This may be a dumb question, but I'm in the dark about it.

By Kewkiekid (Kewkiekid) on Tuesday, September 30, 2003 - 08:41 pm: Edit

contact the financial aid office at whatever school you want to or do attend and explain the situation. they should be able to help.


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