The Office of Student Financial Services begins sending financial aid notifications to new students in late November and to returning students in late spring. Students are instructed to return required forms and documents if applicable. Financial aid will not be disbursed to a student's account until the requested forms are submitted to the Office of Student Financial Services.
Completing the Verification Process
If a student is selected for verification by the U.S. Department of Education or by review of the financial services staff, parent and student tax information may be required to be submitted to the Office of Student Financial Services. In addition, a Verification Form may be requested to be completed, signed, and returned to the Office of Student Financial Services. In the event a verification form is not obtained, the institution may utilize the following:
Dependent Students:
The family size is reported as two with a single, divorced, separated, or widowed parent; or
The family size is reported as three with parents who are married or unmarried and living together.
Independent Students:
The family size is reported as two if the student is married; or
The family size is reported as one if the student is single, divorced, separated, or widowed.
As a general rule, the Office of Student Financial Services does not send financial aid packages to returning students until verification is complete. If verification is required after an initial package has been sent, students will be notified of any adjustments once verification is complete. No federal or state financial aid will be disbursed to a student account until the verification process is complete. If the process is not complete as of the last day of the student's enrollment at Knox for the current school year, the student will not receive any federal or state aid.
Renewal of Financial Aid
Need-based financial aid is not automatically renewed from year to year. Each year the student must complete the required forms to apply for financial aid. Notification of the application process and application materials are sent in late September to currently enrolled financial aid recipients who are expected to return. Requests for other documentation may be sent to students and/or parents.
