r/uhd • u/tiredbrowneyes • 14d ago
Small financial aid package?
Hey y’all! I’m a full time transfer student (just enrolled!) and was wondering if the financial aid I see pending is all I’m getting? I’ve gone to a four year previously and a community college and this is the smallest package I’ve ever gotten.
It’s one loan that doesn’t even cover my bill for this semester and it’s saying I have zero financial need which isn’t true at all! My family’s circumstances haven’t changed—we’re still struggling financially.
Just wondering how concerned I should be?
1
u/alleyavenuee 8d ago
Lots of changes have happened thanks to the big beautiful bill which affects Pell grant awarding.
If you’re under the age of 24, The FAFSA pulls from the IRS data base and determines your SAI (student aid index or formally EFC, expected family contribution) based on your family’s income (mom, dad, and you if you have a job and they claimed you as a dependent). If your SAI is a couple thousand, that probably explains the loan only offer.
If you’re over the age of 24, you’ll be considered an independent student and the SAI will be based on your own income.
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u/Spirited-Necessary95 14d ago
Hv you accepted all of your reward?