Unemployment or Loss of Income

Introduction

Change in employment or reduction of income after filing the FAFSA. 

Question

My parent became unemployed since we completed the FAFSA. Does this change my financial aid eligibility? 

Answer

The federal process allows financial aid administrators to use professional judgment on a case-by-case basis to account for special circumstances.  

Unemployment for at least 10 weeks or income reduction (generally 20%) may be considered a special circumstance. See "Special or Extenuating Circumstances" for additional information.

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