Pell Grant/EFC Question

Paying for College
1

<p>I've got a bit of a situation here.</p>

<p>My dad was laid off for the 2nd time this year, at the worst possible time as i'm just going off to college and a payment is due in less than 2 weeks.</p>

<p>I'm planning on taking out a private loan in order to cover expenses this year. It will be hard enough to make house payments, let alone another 1200/month for my schooling.</p>

<p>I did a FAFSA in January, at the time of the first firing. Of course because the firing happened this year, it didn't effect my EFC (which is off last year's income/taxes) which was below 10K, but not enough to qualify for a Pell Grant. Now, with the firing and the financial situation, it's almost as if our EFC has gone down even more.</p>

<p>Because i'm attending a University that doesn't have need based grants and I can't appeal my aid, is there anyway to get a Pell Grant at this point? My EFC has likely gone down considering my circumstances. Or is there a deadline for the Pell Grant and they don't make any exceptions? Does anyone have any other suggestions other than taking out a loan (and i'm wondering what type of loan should I take out)?</p>

2

<p>was he laid off or was he fired?
I think there is a difference in terms of collecting unemployment and the like
COntact the aid office right away- did he have anything in savings to cover periods of unemployment?
Did you have any other schools that offer need based aid? What sort of school doesn't have need based aid? Some schools don't have merit, and some dont give a lot of aid, but unless you are attending an out of state public school, you should be eligible for some need based aid</p>

3

<p>He was laid off. We do have savings, however, it's intended for retirement (I know that means nothing). </p>

<p>I am attending an out-of-state public school. They don't have much money avaliable that I haven't already received. I had other schools that did offer need based aid. However, i'm not really looking for other schools, I want to go to the one i'm currently enrolled in. It's just I thought I could afford it, and now it looks like i'm going to have to take out a loan to cover anything, and thought the Pell Grant could potentially help.</p>

4

<p>Check this page out: <a href="http://www.indiana.edu/%7Esfa/app_process/appeal_aid.html#cantpay%5B/url%5D"&gt;http://www.indiana.edu/~sfa/app_process/appeal_aid.html#cantpay&lt;/a&gt;&lt;/p>

<p>You can fill out a "Special Conditions" form......</p>

5

<p>Thank you robertee!</p>