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Special Circumstances and Professional Judgment for New Financial Aid Professionals

Special Circumstances and Professional Judgment for New Financial Aid Professionals. April 3, 2019. Jessica Hemenway – Financial Aid Manager, Lakeshore Technical College Stephanie Mealy – Director of Financial Aid, Milwaukee School of Engineering

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Special Circumstances and Professional Judgment for New Financial Aid Professionals

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  1. Special Circumstances and Professional Judgment for New Financial Aid Professionals April 3, 2019

  2. Jessica Hemenway– Financial Aid Manager, Lakeshore Technical College Stephanie Mealy – Director of Financial Aid, Milwaukee School of Engineering Laura Sinclair – Senior Advisor, University of Wisconsin Green Bay

  3. Before we begin, How long have you been in Financial Aid? More than 10? 5-10? 1-5? Less than 1?

  4. What is Professional Judgment? “authority for the financial aid administrator to exercise professional judgment (PJ) discretion to make adjustments on a case-by-case basis in a number of areas when an applicant, parent, or spouse has special or unusual circumstances” HEA Section 479A

  5. Professional Judgment can be used to: • change Dependency Status to Independent • adjust a Needs Analysis Data Element • adjust a Cost of Attendance component • waive Satisfactory Academic Progress standards • change direct loan eligibility (deny)

  6. Cannot use Professional Judgment to: • change an Independent student to Dependent • create a new cost of attendance category • make a bottom line change to the EFC • change the federal methodology formula or tables • make across the board changes • make an otherwise ineligible student eligible

  7. Professional Judgment must be: • based on a Financial Aid Administrator’s decision • done on a case-by-case basis • fully documented (by family and the decision) • based on unique circumstances

  8. Discussion on common situations—Your Turn! • Loss of Income/one time income • Marital Status Changes of parents or student (marriage, separation, divorce, death) • Dependency Status • Medical Expenses • Parent in College/Sibling in Private Elementary or Secondary School • Cost of Attendance Increase • Satisfactory Academic Progress

  9. Questions?

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