2019-2020 Financial Aid Change Form

2019-2020 FINANCIAL AID CHANGE FORM

Fall 2019

V ___ ___ ___ ___ ___ ___ ___ ___

_____________________________

Student Name

Enrollment Changes I am not attending this semester I am only attending ______ credit hours I am attending ______ credit hours in order to

graduate at the end of this semester Balance Changes I want to cover my balance for this semester Adjust my refund to $___________________

Spring 2020

Fund Changes Adjust my subsidized loan to $_______________ Adjust my unsubsidized loan to $_______________ Adjust my Additional Unsubsidized

Loan due to PLUS denial (FUPD) $_______________ Adjust the PLUS loan (net) to $_______________ Adjust Federal Work Study to $_______________ Adjust the alternative loan to $_______________

Alternative Loan Lender Name __________________

Enrollment Changes I am not attending this semester I am only attending ______ credit hours I am attending ______ credit hours in order to

graduate at the end of this semester Balance Changes I want to cover my balance for this semester Adjust my refund to $___________________

Fund Changes

Adjust my subsidized loan to $_______________ Adjust my unsubsidized loan to $_______________ Adjust my Additional Unsubsidized

Loan due to PLUS denial (FUPD) $_______________ Adjust the PLUS loan (net) to $_______________ Adjust Federal Work Study to $_______________ Adjust the alternative loan to $_______________ Alternative Loan Lender Name _______________________

Housing Changes

On-campus

Off-campus

Off-campus with parent(s)

By signing this form, I understand that my signature authorizes Virginia Commonwealth University Office of Financial Aid to make the changes that I have requested above. For the purposes of federal student aid, if I purposely give false or misleading information, I may be fined $20,000, sent to prison, or both.

_____________________________________________________ __________________________

Student Signature

Date

_____________________________________________________ __________________________

Parent Signature (required for changes to Parent PLUS)

Date

Office of Financial Aid ? Grace E. Harris Hall Student Service Center ? 1015 Floyd Ave., 1st Floor ? Box 843026 ? Richmond, VA 23284-2520 (804) 828-1550 ? Fax (804) 827-0060 ? finaid.vcu.edu ? VCU is an EEO/AA institution.

FINANCIAL AID CHANGE FORM ANNUAL LOAN AMOUNT CHART

Undergraduate

Grade Level Freshman Sophomore Junior Senior

Dependent Loan Limits Subsidized $3,500 $4,500 $5,500 $5,500

Unsubsidized $2,000 $2,000 $2,000 $2,000

Independent/Dependent with

PLUS Denial Loan Limits

Subsidized

Unsubsidized

$3,500

$6,000

$4,500

$6,000

$5,500

$7,000

$5,500

$7,000

Graduate/Professional

Program Graduate and Other Professional Health Administration Pharmacy Dental Medical

Unsubsidized $20,500 $34,389* $34,389* $44,944* $47,167* *Amount may vary based on year in program

Helpful Financial Aid Tips

? Borrow only what you need. ? Keep your requests simple. If you want to make adjustments to your refund or balance, use the Balance Changes section and skip the Fund

Changes section. ? All fund types except PLUS are adjusted based on the gross amount. If a change to subsidized or unsubsidized loans is indicated, the

Department of Education will deduct an origination fee from your specified amount. ? Always remember to compare interest rates, origination fees, and repayment options when considering which loans to use. In most cases,

subsidized loans are more beneficial than unsubsidized loans or alternative loans. ? Undergraduate students attending only one semester of the award year before graduating are subject to a proration of their loans based

upon their enrollment. Proration could increase or decrease your loan eligibility based on the number of attempted credit hours. ? Since PLUS credit checks only remain active for 180 days, we may not be able to process all requests to increase PLUS Loans. In the event

that the credit check has expired, we may ask you to submit a new PLUS application online at .

Office of Financial Aid ? Grace E. Harris Hall Student Service Center ? 1015 Floyd Ave., 1st Floor ? Box 843026 ? Richmond, VA 23284-2520 (804) 828-1550 ? Fax (804) 827-0060 ? finaid.vcu.edu ? VCU is an EEO/AA institution.

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