Yes. If your financial circumstances changes, you may receive more or less
aid. For example, your eligibility for financial aid could change significantly,
especially if you have a different number of family members in college.
Renewal of your financial aid package also depends on your satisfactory
academic progress (SAP) towards a degree.
I probably don’t qualify for aid. Should I apply for aid anyway?
Yes. Many families mistakenly think they don’t qualify for aid and prevent
themselves from receiving financial aid by failing to apply for it. There are a
few sources of aid such as unsubsidized Stafford and PLUS loans that are
available regardless of need, but you have to fill out a FAFSA to qualify. The
FAFSA application is free, we recommend that everyone fill it out
Will financial aid cover all of my costs?
Maybe. In some circumstances, financial aid will cover the student’s full
tuition and fees for the school year. However, it could only cover a portion.
Once your FAFSA is processed and your award has been packaged, you will
receive a letter outlining your full award.