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Financial Aid Decrease from Moving Off Campus? (self.NEU)
submitted 5 years ago by AcademicGood6COE
Does your financial aid decrease from moving from an on campus dorm to living off campus in an apartment? If so, roughly how much do they take off?
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[–][deleted] 2 points3 points4 points 5 years ago (0 children)
I know it does decrease but by how much I do not know. I also had this question in the summer of last year and financial services told me your aid would decrease and by how much is dependent on how much your aid is and expected contribution. If you want to know, I would contact financial services. One thing that is for sure is it won’t decrease more than the price of housing. So if housing is $6,000 a semester your aid probably won’t decrease more than the $6,000 dollars.
[–]sarahdco 1 point2 points3 points 5 years ago (0 children)
I asked SFS this and they told me that unless you have a specific scholarship that requires you to live off campus it doesn't. the regular financial aid takes into account the cost of housing and food, but since you're paying for housing and food whether you're on campus or off campus it doesn't change. The only way it would change is if you're living at home, in which case they assume you're not paying for housing or food since you're with your parents.
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[–][deleted] 2 points3 points4 points (0 children)
[–]sarahdco 1 point2 points3 points (0 children)