2009-2010 Albany Undergraduate Bulletin (pdf) - LaGrange College

(ISIR). The Financial Aid Office will review your ISIR to determine if
additional information is needed to complete your financial aid file or
to establish your eligibility to participate in financial aid programs. If
you are selected for verification by the federal government or LaGrange
College or have eligibility issues, you will receive a “missing information
letter” from the Financial Aid Office requesting additional information.
If discrepancies are found as a result of verification, the Financial Aid
Office will transmit the corrected information to the Central Processor.
You will receive a revised Student Aid Report (SAR) reflecting the
updated information.
Financial Aid Awards
Once all documents necessary to determine your financial aid eligibility
are submitted and you are accepted for admission, you will receive a
financial aid award letter disclosing the financial aid programs available
to assist you with school. Your award letter will be mailed in duplicate to
your permanent mailing address. You must submit a signed copy of the
award letter indicating the financial aid programs you wish to accept or
decline. You will also have an opportunity to reduce or increase the amount
of loan included in your financial aid award. A copy of “Understanding
Your Financial Aid Award Letter,” which explains information about
the financial aid programs included in your award letter and eligibility
requirements, will accompany your award letter and any supplemental
forms necessary for the processing of individual awards.
If you receive or expect to receive educational assistance from an
outside source, i.e. employer tuition reimbursement plan, veteran
benefits, vocational rehabilitation benefits, etc., you must report these
resources to the Financial Aid Office and provide a copy of the benefit
or reimbursement policy to the Business Office. If these funds result in
financial assistance that exceeds your financial need, the Financial Aid
Office must cancel, reduce, or modify your financial aid award.
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