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Requesting Additional Financial Assistance
Beloit College strives to create a comprehensive financial aid offer to make Beloit accessible to all. We recognize students and families may encounter special circumstances or emergencies that may change or impact a family’s ability to pay.
Beloit College has two avenues for students and their families to request financial assistance.
- The Reconsideration of Financial Aid Appeal allows students to request a re-evaluation of their financial aid package based upon circumstances and changes you believe deserve consideration.
- The Beloit College Student Emergency Aid Program is designed to assist enrolled students with a financial emergency in the current term that might impact their ability to stay enrolled at Beloit College.
There is one application process for both programs. Complete the application and submit the application along with the proper documentation to the Financial Aid Office. Your application will be reviewed for one or both programs to see which one you may be eligible for.
Beloit College understands that financial circumstances may change and affect your ability to pay our Beloit College bill. In this case, the Financial Aid Office will reconsider the assistance offered, upon request.
The Request for Reconsideration of Financial Aid Appeal is designed to allow students the opportunity to request a re-evaluation of the original financial aid package based upon circumstances they believe deserve consideration. You must file the most recent Free Application for Federal Student Aid (FAFSA) to receive consideration. If approved, the student’s federal financial aid award may increase.
International students to request a re-evaluation of your financial aid package must submit a current International Student Financial Aid Application
Reasons to request a financial aid reconsideration include but not limited to:
- Change of income - loss or change of employment status, end of child support or alimony payments, death of parent, divorce/separation, etc.
- Unreimbursed medical and dental expenses
- Unusual expenses - catastrophic losses due to natural disasters, casualty or theft not covered by insurance, family member’s funeral expenses, regular and significant support of other family members
- Other unusual circumstances - parents income included one-time IRA distributions or inheritance
The Student Emergency Aid Program was designed to support enrolled students who encounter an emergency or catastrophic event that creates a temporary financial hardship that adversely affects their ability to stay enrolled at Beloit College. These are one-time funds, rather than a permanent change to a student’s education funding sources. Emergency grants are not renewable and do not have to be repaid. Covered expenses through the Student Emergency Aid Program include:
- Unpaid tuition and fees
- Books and supplies
- Emergency travel due to family emergency, crisis, or death
Eligibility
In order to be eligible for this assistance, students must be currently enrolled in a degree-seeking program at Beloit College. Students must be in good standing - i.e., not on Satisfactory Academic Progress (SAP) suspension.
- Must have experienced an extenuating circumstance that results in a temporary financial hardship, such as:
- Unexpected loss of income
- Sudden health emergency
- Death of an immediate family member or other family emergency
- Natural disaster
- National and/or global emergency
- Must be at risk of being able to continue in school due to the financial hardship
- Must accept all financial aid awarded (loans, grants, work study, and any additional aid - i.e., additional offered loans)
- Additional loans may be awarded as part of the committee’s decision which must be repaid
Process to Apply
Eligible students who wish to be considered for additional financial assistance must submit the Request for Additional Financial Assistance Form to the Financial Aid Office following the process below:
- Submit a completed Request for Additional Financial Assistance Form with all of the necessary documents listed on the form. Documents may be submitted using our secure document upload site.
- For international students to request a re-evaluation of your financial aid package, you must submit a current International Student Financial Aid Application.
- The Financial Aid Office will review your submission and contact you if additional information or clarification is required.
- The Financial Aid Office will determine if the student qualifies for additional financial aid. If you do not, your application will be reviewed for a grant from the Student Emergency Aid Program.
- The Financial Aid Office will notify the student of the decision; if there are changes made to the financial aid offer, the student can view these changes in the Portal under “Financial Services.”