Insufficient summer earnings affect aid?

sybbie719
Wed, 29 Jun 2005 08:47:04 +0000

If your nephew falls short on the summer earnings, the school will not reduce his need based grants, they just won’t give him any additional monies to make up the shortfall.

My suggestion is break out the package. Make sure the room, board, and fees are covere because that impacts his ability to physically attend.

Back out the travel books and miscellaneous expenses (that is usally where his summer earnings and work study monies go toward). Even if he has a shortfall, he’ll adjust (you’ll be suprised at how well they learn to work things out).

The net-net is this, the tuition is taken care of, he’ll go to class, the room and board is taken care of , he’ll have a place to sleep and he’ll eat. He’ll use his resources to get used books or he’ll be at the library immeadiately after class to check out the books that he needs. He may end up doing things on campus that don’t cost a lot of $$ until he gets a paycheck from workstudy but in the end he’ll be ok. Tell your sister to relax because it all works out.