"Additional resources" are any sources of money that you have received which were
not factored into your cost of attendance estimate. If additional resources become
available to you, the Office of Financial Aid may reduce previously paid or anticipated
awards in order to keep the student's aid package within the estimated cost. If additional
resources become available to you at any time during the enrollment period that exceed
your eligibility for assistance, federal regulations require the Office of Financial
Aid to reduce previous awards that were offered and/or disbursed to you (this does
include grants, scholarships, and loan funding).
If you have exceptional, "allowable" costs beyond those that the federal government
rules determine as reasonable, you can submit the Cost of Attendance Budget Adjustment
Form (see the Financial Aid Forms) and provide documentation to have your cost of attendance budget raised. This does
not necessarily make you eligible for larger grants or loans, as those have annual
limits set in regulations.
All or part of certain federal, state, or institutional funds may be returned to the
source if additional resources become available to you that were not originally considered
when eligibility for the aid was determined. In the case of federal and private loan
funds, returned money will therefore be applied to reduce your loan debt. Undisbursed,
anticipated loan funds may also be canceled or reduced prior to disbursement, if these
resources exceed the need calculation.