Award Letter Change Form

This form is to be completed by students who need to communicate changes regarding their award to the Office of Financial Aid. Changes that may be reported on this form:

  1. Declining loans or reducing the amounts.
  2. Reporting awards and scholarships from private sources.
  3. Reporting changes in enrollment plans.
  4. Reporting changes in housing plans.

If a section or question doesn't apply to you, leave blank. If any reported changes affect your financial aid eligibility, you will receive a revised award letter.

Student's name (last, first, MI):

Student's VU ID #:

Academic year for your changes (i.e. 2008-2009, etc.)



Declining or Reducing Loans

The Office of Financial Aid assumes you accept all grants/scholarships offered to you on your award letter. We will also process your student loan(s) as listed on your award letter unless you tell us otherwise. If you wish to decline a loan or reduce the amount of your loan(s), please indicate below.


I wish to REDUCE or DECLINE the following loan(s) offered to me:

  1. Loan name:

    Which semester or academic year:

    I wish to REDUCE the loan to this new amount:

    I wish to DECLINE this loan (check here)

  2. Loan name:

    Which semester or academic year:

    I wish to REDUCE the loan to this new amount:

    I wish to DECLINE this loan (check here)



Reminders:

  1. You must borrow your maximum eligibility under the Federal Direct Subsidized Loan prior to borrowing any funds under the Federal Direct Unsubsidized Loan, and you must borrow all Direct loans prior to borrowing a Perkins loan or an institutional loan.
  2. There is a net of .5% origination fee deducted from the loan before it is credited toward your charges. For example, you are awarded $3,500, you only need $2,000, you will need to borrow $2,010. (To determine how much to borrow, multiply the amount you need by 1.005; 2,000 X 1.005 = $2,010).


Outside/Private Scholarships

List all gift awards and scholarships, other than those listed on your award letter, that you anticipate receiving for the academic year.

Name of Award(s) Annual Amount Renewable?
Yes No
Yes No
Yes No
Yes No



Enrollment Plan Changes

Generally, financial aid awards are based on full-time enrollment unless we have been previously notified by you. Please indicate changes in your enrollment status by semester:


Fall Semester

If Part-Time or Co-op in the Fall, enter number of credit hours:

If Off-Campus study in the Fall, enter name of program:


Spring Semester

If Part-Time or Co-op in the Spring, enter number of credit hours:

If Off-Campus study in the Spring, enter name of program:


Change in Housing Plans

Your award is based on the housing status listed on your award letter.If that housing status is incorrect, please correct below.

If on campus, which type of room? Single Double

Other Information related to your award