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My S's Perkins loan dropped $500. His work study went up (but he is carrying 20 units in Fall to graduate on time because not all transfer units from his freshman year counted) so I don't imagine he can work 20 hours per week with a 20u course load of upper division classes.
His other loans remained constant. He has a Cal Grant (I read someone posted if California cancels these the university will make up the difference; I sure hope so).
I can only imagine the increase in contribution comes from my gross income, not adjusted, as I made 401K contributions for the first time ever last year. I am 60 and will be retiring at 62 1/2 (or I was, anyway) and am trying to make up for the severe drop in home equity. FAFSA does not count 401K nor home equity. Perhaps USC felt my 401K contribution was not sufficiently offset by the drop in home equity and reduced my son's grants, almost dollar for dollar??
I am traveling and cannot contact them directly until next week. I will let you know if I find out anything useful.
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