Financial Aid: Reevaluating Your Financial Aid
Students may submit appeals for additional aid (FAFSA appeals) or for an adjustment to their Cost of Attendance/Budget. Budget appeals can sometimes increase certain types of loan eligibility. Contact a Student Financial Services Advisor at 312.629.6600 or visit us at 36 South Wabash Avenue, Suite 1200 to discuss your particular situation and determine your next steps.
See Submitting Documents for your options in submitting supporting documents.
FAFSA applicants can appeal to the SAIC Financial Aid Committee for consideration of additional aid. A FAFSA appeal allows you to explain changes in your family's financial situation that may not have been addressed on your FAFSA. Financial situations may be due to loss of a job, separation or divorce, death, disability, unusual medical expenses, or other circumstances. For further details click here.
Cost of Attendance/Budget Adjustment Appeal
Your financial aid eligibility is based on a standard budget. We may be able to increase your budget—and your financial aid loan eligibility (usually Federal Direct PLUS or Private Loans) and sometimes Federal Work-Study, if you have allowable expenses that you are incurring during the academic year that are higher than your standard financial aid budget, called a Cost of Attendance (COA). Click here for details.
Merit Scholarship Appeal
Students who have received a merit scholarship through the Admission's office are required to adhere to specific terms and conditions. These conditions include completion of at least 75% of all attempted credit hours each semester (W grades not included) in order to remain eligible for future semesters (some scholarships may require a 100% completion rate). Students who do not meet the requirements may have their merit scholarship suspended and have the option to appeal. Students may appeal to the SAIC Merit Appeal Committee for consideration of reinstatement of their merit scholarship by emailing the Student Financial Services office at email@example.com. Merit appeals should include information as to why they student may not have had a successful semester and their plan for academic success moving forward.