Many families have extenuating circumstances which can affect how they finance a college education. Extenuating circumstances can include many things, such as extraordinary medical expenses, reduced parental income levels due to a lay off or job change, disability, health issues, divorce, natural disasters, or other necessary personal expenses, to name just a few examples.
Not all circumstances can be accounted for adequately on the FAFSA or on other financial aid application materials. That’s where the financial aid administrator at your college can be helpful. Administrators can sometimes use what is referred to as Professional Judgment and may be able to account for a family’s extenuating circumstances.
Read the article below to get a sense of what financial aid officers can consider and what a family needs to do to communicate their situation with the financial aid officer.
In addition to the articles and resources on this site, check out Financial Aid Sense, our newly updated practical guide and workbook which helps families navigate through the financial aid process and financing details. A must read for those who need to finance a college education.