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COST OF ATTENDANCE INCREASE FORM PLEASE PRINT CLEARLY ACADEMIC YEAR 2014-2015 Please review: Increasing your cost of attendance does not always result in additional financial aid. However, we will

How to fill out cost of attendance increase

How to fill out cost of attendance increase:

1. Gather necessary documents: Collect all relevant financial documents such as tax returns, income statements, and bank statements to support your request for a cost of attendance increase.
2. Understand the requirements: Familiarize yourself with the specific guidelines and requirements set by your educational institution for requesting a cost of attendance increase. This may include providing documentation of extenuating circumstances or demonstrating a change in financial circumstances.
3. Complete the application: Fill out the cost of attendance increase application form provided by your institution. Make sure to provide accurate and detailed information, and attach any supporting documentation as required.
4. Explain your situation: In a separate section or cover letter, clearly explain why you need a cost of attendance increase. Detail any significant changes in your financial situation, such as unexpected medical expenses or loss of income. Provide any additional information that supports your request.
5. Submit the application: Once you have completed the application and gathered all necessary documentation, submit the application according to the instructions provided by your educational institution. Ensure that you meet any deadlines or submission requirements.
6. Follow up and provide any additional information: If requested, be prepared to provide any additional information or documentation to support your request. Stay in contact with the financial aid office to ensure that your application is being reviewed and processed.
7. Keep copies of all documentation: Make copies of your completed application, supporting documents, and any communication with the financial aid office for your records.
8. Monitor your financial aid package: After submitting your application, monitor your financial aid package to see if the cost of attendance increase has been approved and reflected in your financial aid award.
9. Seek additional assistance if needed: If your request for a cost of attendance increase is denied or not sufficient to meet your financial needs, consider reaching out to the financial aid office or other resources for further assistance in exploring additional funding options or alternative solutions.

Who needs cost of attendance increase:

1. Students with significant and verifiable changes in financial circumstances, such as sudden medical expenses or loss of income, may need a cost of attendance increase to cover their increased educational expenses.
2. Students whose financial aid packages do not adequately reflect their actual financial need may also require a cost of attendance increase to bridge the gap between their expected family contribution and the actual cost of attending their educational institution.
3. Students who experience unexpected or extenuating circumstances that impact their ability to meet the full cost of attendance, such as natural disasters or family emergencies, may need a cost of attendance increase to ensure they can continue their education without undue financial hardship.

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What is cost of attendance increase?

The cost of attendance increase refers to the process of updating the estimated expenses for attending a college or university.

Who is required to file cost of attendance increase?

Students who experience a change in their financial circumstances that impacts their ability to cover the cost of attending school may be required to file a cost of attendance increase.

How to fill out cost of attendance increase?

To fill out the cost of attendance increase, students typically need to provide documentation of the change in their financial situation, such as updated income information or unexpected expenses.

What is the purpose of cost of attendance increase?

The purpose of the cost of attendance increase is to ensure that students receive the appropriate amount of financial aid to cover their updated expenses for attending school.

What information must be reported on cost of attendance increase?

Information that may need to be reported on a cost of attendance increase includes changes in income, additional expenses, and any other relevant financial changes.