2022-2023 Catalog

Awarding

Awarding

After the FAO reviews the student's financial aid file it may make an offer of one or more types of financial assistance in accordance with the student's eligibility. This offer of aid is called an award offer* and is made available electronically in the student's portal. Students may view and decline any aid that they do not wish to receive by selecting the My Financial Aid link available on the Student Portal at http://www.presentation.edu/students/ Students who wish to borrow less than the loan amount offered should send an email to financialaid@presentation.edu from their PC email account.

The FAO makes award offers to incoming students once they have been accepted to the College and have completed the financial aid process. The FAO also makes award offers to provisionally accepted students; however, funds can only be disbursed for one term until all required documentation is received and they have been fully admitted. Returning students will receive an award offer once their registration for the upcoming semester has been confirmed, they have completed the financial aid process and their grades have been reviewed.

Award Adjustments

The College may make adjustments to students' financial aid awards at any time and without prior notification due to such factors as new or conflicting information in the student's file, decreases or increases in funding levels, modifications in program eligibility rules and changes in the student's ability to qualify for financial assistance. The College may also adjust award amounts based upon the student's enrollment status at any time during the semester. Students should visit the FAO prior to adding or dropping courses to discuss the changes that will be made to the award offer.

For most families the information provided on the FAFSA is a good indication of the financial resources that will be available during the year the student is enrolled in college. Sometimes there are changes in the student's household that are not reflected on the FAFSA and that decrease the resources that are available to pay for college. The most common changes are related to separation or divorce, major illness or injury, job loss, and death. The FAO may be able to assist when the student or family has experienced these types of changes. Contact the FAO to confidentially discuss your circumstances and a staff member will determine if you meet the requirements to appeal for a review of the student's financial aid award.