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Kansas City, Missouri
Federal regulations allow schools on a case-by-case basis to adjust a student’s cost of attendance for certain circumstances. KCU can increase a student’s cost of attendance for other reasonable education-related expenses that exceed a student’s financial aid budget.
KCU has a no cash policy. We must be able to substantiate your payments, expenses and possible loan increases for your file. Budget adjustments are a reimbursement process. Purchases should be made using a form of payment in your name, i.e., credit cards, checks or money orders.
If the adjustment request is denied, the student has the
right to appeal the decision in writing. The appeal will then be taken to the
Student Financial Aid Advisory Committee. Their decision in this matter is
final. The Director and Financial Aid Committee retains the discretion of
professional judgement on a case-by-case basis.
May 1 is the deadline for submission of these forms, and
there could be an earlier date for graduating fourth-year students who may have
an earlier last date of attendance.
No adjustments will be considered after the loan
period has expired for that academic year. An exception may be made for
medical/dental expenses for which an insurance claim has not been paid. If you have questions about this policy,
please contact the KCU Financial Aid Office, (816) 654-7175, or firstname.lastname@example.org.
If a student pays for a third party to watch their dependent, i.e., child, KCU can increase the student cost of attendance for this expense.
The increased cost will not exceed a reasonable cost for dependent care in the
community. Students must complete the 2015-2016 Dependent
Care Budget Adjustment form and provide all required documentation that
is specified on the form.
Fall 2015 – Spring 2016, costs cannot exceed:
student financial aid budget includes an allowance for medical/dental expenses
and health insurance. It is KCU policy that all students provide proof of
health insurance, and budget adjustments will be considered only for those
students complying with that policy. Budget adjustments will not be made for
the purchase of health insurance that costs more than is allowed in the budget.
A budget adjustment can be made for medically necessary procedures and
medically necessary prescriptions for the amount which exceeds the budget allowances.
Students must provide written verification of health insurance coverage (this
is part of the 2015-2016 Budget Adjustment Request form). If a student
purchases dental insurance, they must provide proof of dental health insurance
with effective dates covering the enrollment period. If the student does not
have dental insurance, a budget adjustment will be made for the amount that
exceeds the budget allowances for medical/dental expense.
Computer Purchase/Electronic Purchase
KCU students are required to have either a laptop computer or tablet meeting
KCU specifications. Only one increase is allowed per student’s academic
program. The purchase can include the purchase of a CPU, monitor, printer and
other reasonable hardware/software. Students are permitted to purchase the
computer July 1 if starting in the fall. The maximum allowance is $1,500.
Students will need to complete a 2015-2016 Budget Adjustment Request form.
a student’s financial aid budget includes an allowance for maintenance of a
vehicle, an adjustment can be made for car repairs that exceed the budgeted
amount. Financial aid budgets cannot be increased for the purchase of a
vehicle. Expenses above the budgeted amount are covered on one primary vehicle
per year. Once a student has submitted receipts for a vehicle, that vehicle
becomes “primary” in terms of consideration for budget appeals. The budget
adjustment increase will represent the difference between the actual repairs
and budget allowance. Receipts must be submitted for any repairs for which the
budget adjustment is being requested. Receipts must be submitted prior to the
release of any subsequent financial aid. Since the budget includes an allowance
for comprehensive and collision car insurance, a 2015-2016 budget adjustment
for an accident will cover a reasonable deductible of $500. If the student has
not purchased comprehensive and collision car insurance, the KCU Student Financial
Aid Office will not increase the budget to cover any expenses any expenses
which would have been covered by insurance.
may receive a budget adjustment for tuition charges in excess of what is
allowed in the Cost of Attendance. On the 2015-2016 Budget Adjustment form,
this information should be included in the section called “other.” This is
applicable to the MBA and bioethics dual-degree programs.
having other extenuating circumstances should complete the appropriate section
of the 2015-2016 Budget Adjustment Request Form and make an appointment to meet
with a staff member in the KCU Financial Aid Office.
Note: A student may appeal any denial of a request for a budget adjustment or extraordinary circumstances by submitting a written request for appeal to the Director of Financial Aid.
1750 Independence AvenueKansas City, Mo. 64106-14531-800-234-4847 | 816-654-7000