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    Financial Aid

    matches /financial-hardship-notification ... percision: 2 of

    Penn College recognizes that some students and their families have experienced a substantial loss of income and/or have unexpected expenses in 2023 or 2024. These financial hardships can threaten students’ abilities to start, or to continue, pursuing their academic goals.

    If your 2024-25 FAFSA is finalized (no tasks needed for you to complete) and you had a preliminary discussion with a Financial Aid team member about your or your family’s financial hardship, proceed to complete and submit this notification by answering the questions below and explaining your circumstances.

    Please understand that funds for financial hardship circumstances are limited and are considered temporary rather than continual assistance. A Penn College committee will carefully review all submissions. The Financial Aid team typically will require additional information and documentation from you and/or your spouse or parent. Note that financial hardships for reduced income experienced during calendar year 2024 will not be reviewed until after July 1, 2024. 

    The Financial Aid team will communicate with you via your Penn College Student email account, so be sure to check it regularly.

      Contact

      Financial Aid

      matches /financial-hardship-notification ... percision: 2 of

      * = required field

      Student Information
      9-digit # that starts with 7
      In the format of MM/DD/YYYY.
      Enter your Penn College email address.
      To reach you if needed, between regular business hours
      Semester
      Summer 2024
      Fall 2024
      Spring 2025
      Select the semester for which are you applying for assistance.
      Student Status
      Current or returning student
      Incoming accepted student
      Financial Hardship Type
      Student’s loss of income or reduced income, compared to 2022 income.
      Parent’s loss of income or reduced income, compared to 2022 income. (Must be a parent on your 2024-25 FAFSA)
      Student or parents’ separation or divorce since your 2024-25 FAFSA was submitted (Must be a parent on your 2024-25 FAFSA)
      Death of a parent included on your 2024-25 FAFSA, or death of a student’s spouse
      Medical expenses you paid in 2023 or 2024 not covered by insurance and that exceed 11% of your or your parent’s household adjusted gross income (AGI) for the year
      Other
      Loss of or reduced income year
      Loss of or reduced income in 2022
      Loss of or reduced income in 2023
      Financial Hardship Description

      Elaborate on the financial hardship you and/or your family are experiencing. Provide as much detail as possible. If there was reduced income and/or significant unexpected expenses in 2023 or 2024, explain why and how much.

      If you have any questions before submitting your notification, please email the Financial Aid Office at finast@pct.edu using your Penn College student email account.

      By checking this box and submitting this form, I certify that the above information is complete and accurate, and I agree to all of the statements directly below.
      By checking this box and submitting this form, I certify that the above information is complete and accurate and, if requested, I agree to provide documentation in support of this notification. I also understand that (1) submission of this notification does not guarantee that any financial assistance will be awarded; (2) the amount awarded to eligible students can vary; and (3) any financial assistance that I receive will be made on a one-time basis only.

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