The financial aid award is based on the information we have at the time the award is sent. However, if the financial aid office receives new information or a scholarship funding source changes, your initial award may be adjusted. Currently, most of the scholarships and grants that appear on a student’s financial aid award are considered “unfunded” financial aid. That is to say, we are deducting them from your charges, but Dana College is not receiving any actual funds. If at a later time, Dana College is able to secure funding sources for the aid offered, we may send out a new award reflecting the new funding source.

If a family’s financial situation changes the financial aid office should be notified. Examples of special circumstances that may require an adjustment may include the death of a family member, divorce, separation, or job loss.

The Financial Aid Office reserves the right to adjust financial aid awards if errors are discovered or additional funds from outside sources are received after the financial aid award has been accepted.

This page was last modified on February 14, 2006