What is Professional Judgment?
Professional Judgment is the review of a student鈥檚 eligibility for financial aid due to extenuating circumstances that may change the family鈥檚 ability to contribute to the student鈥檚 educational expenses.聽聽
Philosophy:
The Office of Financial Aid鈥檚 Professional Judgment policy serves to assist families by reviewing their special circumstances.聽 In order to make appropriate adjustments and to be good stewards of our funding, we must have the most accurate information available concerning the family鈥檚 financial situation. 聽Therefore, it is necessary to request documentation from the student and other parties as determined by the Office of Financial Aid to substantiate any claims of extenuating circumstances.
Two types of Professional Judgment
Reduction of Income
- Reduction of income is used when the financial strength of the household has been reduced.
Reduction of Income Inquiry
Cost of Attendance聽
- Cost of attendance is used to increase the amount of money a student may borrow for the academic year.聽 Typically this is used when a student has higher living expenses.聽