{"id":7135,"date":"2024-03-12T13:28:25","date_gmt":"2024-03-12T17:28:25","guid":{"rendered":"https:\/\/www.montclair.edu\/red-hawk-central\/?page_id=7135"},"modified":"2025-05-23T11:06:44","modified_gmt":"2025-05-23T15:06:44","slug":"request-an-increase-in-your-loan-eligibility","status":"publish","type":"page","link":"https:\/\/www.montclair.edu\/red-hawk-central\/financial-aid\/loans\/request-an-increase-in-your-loan-eligibility\/","title":{"rendered":"Request an Increase in Your Loan Eligibility"},"content":{"rendered":"<p><em>Increases can only be made up to the yearly amount allowable for you by Federal regulation.<\/em><\/p>\n<ol>\n<li>All financial aid is for a 9-month\/30-week academic year, based on enrollment. Adjustments to this standard may be made by the Financial Aid Loan team if you\u2019re also enrolled in the Summer term.<\/li>\n<li>You must submit a request in writing and list all expenses for the 30-week period.These expenses are compared to the current allowances to determine if a budget increase can be justified.<\/li>\n<li>Certain expenses are not permissible (e.g. pay off credit cards, car payments).<\/li>\n<\/ol>\n<p>If you would like to increase your loan eligibility, please complete the <a href=\"https:\/\/www.montclair.edu\/red-hawk-central\/forms\/\">COA Re-evaluation Form<\/a> and submit it to the Financial Aid Office.<\/p>\n<p>The Financial Aid Office may revise your Cost of Attendance to reflect actual charges to account for institutional aid (e.g. RA Waivers, etc.) and\/or to maximize aid eligibility.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Increases can only be made up to the yearly amount allowable for you by Federal regulation. All financial aid is for a 9-month\/30-week academic year, based on enrollment. Adjustments to this standard may be made by the Financial Aid Loan team if you\u2019re also enrolled in the Summer term. You must submit a request in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7683,"parent":45,"menu_order":1,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"footnotes":""},"class_list":["post-7135","page","type-page","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.montclair.edu\/red-hawk-central\/wp-json\/wp\/v2\/pages\/7135","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.montclair.edu\/red-hawk-central\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.montclair.edu\/red-hawk-central\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.montclair.edu\/red-hawk-central\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.montclair.edu\/red-hawk-central\/wp-json\/wp\/v2\/comments?post=7135"}],"version-history":[{"count":4,"href":"https:\/\/www.montclair.edu\/red-hawk-central\/wp-json\/wp\/v2\/pages\/7135\/revisions"}],"predecessor-version":[{"id":7139,"href":"https:\/\/www.montclair.edu\/red-hawk-central\/wp-json\/wp\/v2\/pages\/7135\/revisions\/7139"}],"up":[{"embeddable":true,"href":"https:\/\/www.montclair.edu\/red-hawk-central\/wp-json\/wp\/v2\/pages\/45"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.montclair.edu\/red-hawk-central\/wp-json\/wp\/v2\/media\/7683"}],"wp:attachment":[{"href":"https:\/\/www.montclair.edu\/red-hawk-central\/wp-json\/wp\/v2\/media?parent=7135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}