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Revised Financial Aid Package Once you have received an official Financial Aid Package, revisions may be needed if you received an outside scholarship, your cost of attendance has changed, additional funds have been approved or youve decided to decline your Package.
What is an over award exceeds the need budget?
An overaward occurs when a students total amount of financial aid exceeds their Cost of Attendance (COA) budget1 or when their need-based aid exceeds their financial need2.
What is an over award financial aid?
An overaward exists when a students aid package exceeds their need or overall cost of attendance (COA). Remember when packaging subsidized or need-based aid, the basic formula is COA minus Student Aid Index (SAI) minus Other Financial Assistance (OFA) equals need.
What is an overpayment in financial aid?
Overpayment is the disbursement of more federal student aid funds to a student than theyre eligible to receive.
Is $70,000 too much for FAFSA?
There is no income that is too high to file a FAFSA. No matter how much you make, you can always submit a FAFSA. Eligibility for need-based financial aid increases as the cost of attendance increases, so even a wealthy student might qualify for financial aid at a higher-cost college.
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Successful completion of the training is required prior to the expenditure of funds on any newly funded projects, including noncompeting continuation awards.
May 31, 2012 Accepting your COPS award is a simple and straightforward process. The award document to accept your new grant can be found in the award packet.
Dec 21, 2011 Paying by authorizing an electronic funds withdrawal ceived one credit, up to a maximum of four credits, for each. $1,120 ($1,130 for 2012) of
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