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New Brunswick/Piscataway Undergraduate Catalog 2005-2007 General Information Financial Aid Change in Financial Resources  

Change in Financial Resources

Changes may occur in a family's situation throughout the year. Therefore, students may wish to appeal their financial aid award. This may be done by submitting a detailed letter along with supporting documents to the Office of Financial Aid or by requesting an appointment with an aid counselor. It is university and federal policy that students cannot receive assistance in excess of their calculated financial need. For a detailed copy of the financial aid appeal procedure, contact the Office of Financial Aid.

If unusual situations occur, such as loss of employment, death or incapacitation of a wage earner, or loss of some form of untaxed income, the Office of Financial Aid provides professional advice on how forms can be reprocessed with the state and federal governments.

Students are also required to report all changes in financial resources (unreported financial aid or employment) to their campus financial aid office as soon as they have knowledge of the change. Changes in such areas as an increase or decrease in family size and number of household members attending college need to be reported promptly. This information is used in both state and federal formulas for determining need, therefore determining eligibility. Failure to report this information can jeopardize continuation of all assistance.


 
For additional information, contact RU-info at 732/932-info (4636) or colonel.henry@rutgers.edu.
Comments and corrections to: Campus Information Services.

2005 Rutgers, The State University of New Jersey. All rights reserved.