Fillable Graduate COA Adjustment Worksheet (Illinois Institute of Technology)

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Graduate COA Adjustment Worksheet (Illinois Institute of Technology)

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Office of Financial Aid
Perlstein Hall, 206
10 W. 33
rd
Street
Chicago, IL 60616
Phone:312.567.7219
Fax: 312.567.3982
Email: finaid@iit.edu
fb.com/FinAidIIT
Graduate COA Adjustment Worksheet
Student Information
______________________________________ ___________
___________________________
Last Name First Name
______________________________________ ___________
___________________________
Campus-Wide ID (A#) Telephone Number
Financial Health Check (Optional)
When adjusting your loans, we highly suggest you complete the exercises below:
Visit the National Student Loan Data System website (https://nslds.ed.gov/npas/index.htm)
and review a summary of your total federal student loan debt.
Use the Federal Student Aid Repayment Estimator
(https://studentaid.gov/app/repaymentEstimator.action) to calculate your monthly student
loan payments: $ (use an estimate of your future salary to complete this step)
Tuition, Fees, Books & Supplies
Students planning to enroll for more than 6 credit hours and 2 classes in fall or spring or 3 credit hours and 1
class in summer are eligible for a COA increase. Please note we are required to reduce the tuition, fees,
books & supplies portions of your COA if your actual enrollment is less that what is reported below.
Anticipated Fall Enrollment: ______ credit hours and ______ classes.
Anticipated Spring Enrollment: ______ credit hours and ______ classes.
Anticipated Summer Enrollment: ______ credit hours and ______ classes.
Students planning to use university health insurance are eligible for a COA increase. Are you planning to use
university health insurance?
Yes No
Overview
Students whose annual living and education-related expenses exceed
their Cost of Attendance (COA)
must complete this form to adjust their
loan eligibility. You will be contacted by a Financial Aid staff member after
your request is processed. Some students will be contacted to provide
additional documentation.
Password protect any documents submitted via email. Send the password in a separate email from the same address.
Increased Personal Expenses Request (Optional)
Students with additional expenses that exceed the values listed below are eligible for a COA increase.
Eligible students must provide supporting documentation. If you do not have any documentation to submit,
please leave this section blank.
• Room (mortgage/rent and utilities): Costs exceed $900/month. The Office of Financial Aid cannot
accept cable costs. The only utility costs accepted are gas, electric, telephone, water, and internet.
• Board (Food): Costs exceed $300/month.
• Transportation: Costs exceed $2,300 for the 9-month academic year. Car insurance payments can
be submitted. Car loan payments cannot be submitted. Students seeking a COA increase to cover
the cost of driving to/from an externship should attach a word document listing their home
address, the address(es) of their externship(s), and the number of days a week they commute to
their placement(s).
• Personal/Miscellaneous: Costs exceed $3,400 for the 9-month academic year. Elective medical
expenses will not be considered for a budget adjustment.
I have attached supporting documentation and have read the above statement: _______________
Initial Here
Loan Adjustment Request
1. For which term are you requesting funding?
Fall & Spring
Fall Only (I am graduating at the end of the fall term)
Spring Only (I started classes in the spring term)
Summer
2. Answer each item below. If the item does not apply, write “Not Applicable.”
• I would to increase my Unsubsidized Stafford Loan to: $__________________
maximum $20,500/year*
• I would like to add a $__________________ PLUS Loan** to my account.
3. Do you wish to decline your Federal Work-Study Aw
ard (FWS)? Yes No N/A
*Clinical Psychology students are eligible for $33,000/year.
**The Graduate PLUS Loan is based on credit approval.
I certify that the information provided to the Office of Financial Aid is true and correct. If my enrollment changes,
I will contact the Office of Financial Aid immediately.
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Graduate COA Adjustment Worksheet (Illinois Institute of Technology)

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Completed 23 July 2020

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