Related Links
Requesting Additional Financial Assistance
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 sources of aid to assist current students and families that need additional 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, like a loss of income. 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 and submit the application along with 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.
- The CARES Act Application should be used for any student who wishes to request support through the CARES Act fund. The CARES Act funding is designed to help students eligible for federal aid defray any additional costs that students experienced due to the disruption of campus operations during the Spring 2020 semester. This funding is designed to assist students with the costs of food, living expenses, utilities, travel, computer, internet/technology, and health care.
More Information
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. Additionally, students who were enrolled during the Spring 2020 semester that experienced additional/unexpected costs due to the closing of campus operations may appeal for consideration of CARES Act funding.
For international students to request a re-evaluation of your financial aid package, you 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
- Other immediate critical needs causing a student financial distress
Eligibility
In order to be eligible for this assistance, students:
- Must be currently enrolled in a degree-seeking program at Beloit College
- Must be in good standing - i.e., not on Satisfactory Academic Progress (SAP) suspension
- Must have experienced an extenuating circumstance that resulted 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 and/or national 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 and must be repaid.
This funding allows institutions to provide emergency financial aid grants to students whose lives have been disrupted by COVID-19, many of whom are facing financial challenges and struggling to make ends meet.
Returning Students (Sophomores, Juniors, and Seniors): This funding is designed to assist you with food, housing, transportation, internet, computer/technology costs, and child care expenses. If you have already received/applied for assistance, we welcome you to re-apply for additional consideration.
Freshman/First-Years: This funding is designed to assist you with technology costs, like a computer and internet costs.
Funds are limited so we encourage you to apply as soon as possible.
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.”
Students eligible to receive federal financial aid are also eligible for financial assistance through the CARES Act funding. The application is simply a google form submitted by the student requesting the assistance. The Financial Aid Office recommends keeping personal records of your requests should the federal government require receipts of your expenses in the future. Submitted appeals will be reviewed within 5-10 business days. Please note: approved applicants will receive their funding within 1-3 weeks. The Bursar’s Office will release the funding via direct deposit for those who have that set up. For those who do not, the funding will be released via a paper check in the mail. Only students who are eligible for federal financial aid are eligible to apply.