Parent Reconsideration

Service Overview:

Winston-Salem State University makes every effort to assist students by providing financial assistance to help meet the cost of education. We recognize that there may be extenuating circumstances that affect your ability to provide the amount that the family is expected to pay. Certain adjustments are already considered in the calculation of a family’s ability to meet expenses in the formula that calculates financial need. Therefore,Winston-Salem State University will not always be able to reduce your expected contribution to meet educational costs based on your unique circumstances. Special consideration is generally given only for those circumstances described below. Typically, the only additional type of financial aid the student is eligible to receive is the federal Pell Grant. Graduate and second degree students are not eligible to receive the federal Pell Grant. The reduction in expected contribution may create more federal Subsidized Stafford Loan eligibility and thus reducing the amount of the Unsubsidized Stafford Loan. Subsidized Stafford Loans are beneficial because the federal government will pay the interest while you are in school. Students who do not have financial need may borrow an unsubsidized loan. For these loans, the student is responsible for the interest while in school.

Please Note

  • Do not submit this form unless it is complete and all required documentation is attached, all signatures are required as well before submission.
  • All documentation must be submitted within 20 business days from the date of notification.
  • Applications based on loss of employment can't be submitted until after September 1st, 2020 to allow for a more realistic adjustment to income.
  • Processing time for the Reconsideration Request takes 4-6 weeks. Submission of the Reconsideration Request in no way guarantees an adjustment tothe student’s financial aid and does not waive payment deadline dates. We recommend that the student complete all current award requirements and accept any financial aid that the student wishes to use to pay his/her bill.

Available To:

Students

Getting Started:

Click the Request Service button to the right.

 
Request Service

Details

Service ID: 44242
Created
Tue 6/23/20 7:54 AM
Modified
Mon 8/24/20 1:02 PM