- Loss of employment and inability to regain employment after three months
- Change or reduction income
- Loss of child support received
- Unusually high medical and/or dental expenses paid during the year on which financial aid is based
- One-time income from IRA, pension, annuity, or retirement
Re-evaluating Financial Aid
If you believe your financial aid file should be re-evaluated because your Free Application for Federal Student Aid (FAFSA) does not reflect your current situation, please read the information below. After reading the following information, please contact the Columbia Central office to discuss your situation.
Financial aid eligibility is determined by, but not limited to:
- Student's dependency status
- Family’s annual gross income reported on the FAFSA
- Student’s Cost of Attendance
- Number of members in the household
- Number of college students in the household
A drastic change to any of these factors may affect a student’s financial aid eligibility. If you have special circumstances that were not captured on your FAFSA, Columbia Central may be able to re-evaluate your need for the current year.
Circumstances Considered for a Re-evaluation
Please be advised that although you may have very real circumstances that you believe requires a re-evaluation of Financial Aid, the allowable circumstance provided in Columbia Central’s policies is in accordance with federal regulations and requires that a request for a re-evaluation is substantiated by appropriate documentation. If you are unable to provide proper supporting documentation, you will not be able to pursue a re-evaluation.
Requesting an Appointment for a Re-evaluationIf you wish to inquire about a re-evaluation of financial aid, please contact our Consultation Line at 312-369-7140 to schedule a phone or office appointment with a Columbia Central counselor.
A re-evaluation may be completed for one of the circumstances listed above, but please note that if a re-evaluation is performed, it does not guarantee that you will become eligible for additional Title IV aid and that balances will be resolved entirely. Re-evaluations may assist in covering a small portion of the balance, and therefore, students must have a plan to resolve the balance in its entirety.
Processing and DeadlinesAfter your initial consultation, if it is determined that you or your family have an allowable circumstance that would warrant a re-evaluation, you will be instructed of the necessary documents required for the re-evaluation process.
Columbia Central will continue to communicate with you throughout the process. You will be informed via your student email, and you will have 7 business days after your first consultation session to submit the required documents.
Once all of your documents have been received and reviewed, you may be asked to submit additional documents.