Student Financial Aid - The College Financial Aid Office Is Under Utilized

Student financial aid offices deal in big numbers. Notparent, an FAO can advise on what documents are
just financial numbers, but massive files of FAFSAneeded in order to recalculate the EFC. Students and
data coming into and out of large databases,parents are advised to be prepared, in almost all
hundreds, sometimes thousands of incoming andcases, to properly document any special request. A
outgoing documents including student requests,student's burden is to make an appeal for
requests for further information and financial aidreconsideration sound reasonable, well documented,
award letters. Most college financial aid officesand substantial. A minor loss of income, brief period
virtually hum with efficiency. With this in mind, it isof unemployment or the sudden desire to own a
also the role of the financial aid office staff to treatyacht are typically not considered extraordinary
you, the consumer, with individual care and respect.circumstances.
Sometimes, in the hectic pace and hyper efficiency,Other services a FAO can provide are student loan
stopping to help one student with a specific problemcounseling, budgeting and financial education. They
is like trying to stop a train to let a bunny cross thecan also provide information on private college
tracks. It's a good idea and the right thing to do, butscholarships and student grants. Many excellent
often more difficult to achieve than it should be. Trainpublications from the Department of Education and
analogy aside, good financial aid offices have speciallyvarious guarantee agencies can be picked up for free
trained staff ready to help students and parents withat the FAO. Some include budgeting worksheets and
special requests, one-on-one counseling, budgetingadvice on money management. Students can also
and financial literacy programs. In an era where mostreduce or cancel their student loans via their FAO.
of the financial aid process is online and impersonal,Students have the right to cancel any future loan
meeting with a financial aid counselor or specialist candisbursement and any loan that have already
be a refreshing and informative experience for bothdisbursed provided they notify the office in writing
the student and the parent.within two weeks of receiving the funds. All funds
It is a good idea for students to contact theirmust be returned by the time of request cancellation.
financial aid office (FAO) before any problems arise.Adjustments to student's cost of attendance are
Being proactive in the financial aid process pays highcommon requests in the typical financial aid office.
dividends. If a family has experienced a financialStudents wishing to study abroad, desiring additional
hardship that was not adequately reflected on theloan funds for the purchase of education related
FAFSA application or the CSS profile, it's best totechnology, or extraordinary classroom costs like
approach the FAO. In some cases, extraordinaryclass trips or special equipment can all be considered
expenses for medical care for a dependent child orby the FAO. Once again proper documentation and a
spouse can be taken into consideration by thereasonable rationale should be provided. It's a good
financial aid office and the Estimated Financialidea to follow the steps suggested by the FAO to
Contribution (EFC) can be adjusted. In the event of aassure their requirements for proper documentation
catastrophic loss like the death or total disability of aare met.