Revising Your Financial Aid Award Letter
Your financial aid may be revised if you are awarded additional education funding or your eligibility status changes. You are required to inform us of these changes.
Your aid may also change if you request a review of your estimated student expenses or a change in income. We will notify you through SOU email if your financial aid is revised and for the approved amounts.
Required Revisions
Some revisions are required by the Department of Education and do not require student approval. It’s important that you inform our office of any of the items below in order for our office to be able to update your Financial Aid prior to disbursement. These revisions are covered in your Financial Aid Terms and Conditions
Scholarships and Other Resources
You are responsible for reporting the names and amounts of all educational resources including, but not limited to, scholarships, stipends, grants, and tuition support (Grad Assistantships positions, Copay tuition, Staff tuition rates, and so forth).
Enrollment Status
Your enrollment status is assumed to be full time by default. Inform us of enrollment level changes before receiving financial aid. If your enrollment changes after your Financial Aid disbursed this could result in funds being adjusted downwards. If you are reported as not attending a course prior to that date, your financial aid may be adjusted. If you completely withdraw there may also be a return of your Financial Aid. Enrollment level changes cannot be made after the census date if your financial aid has disbursed.