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Student Income Reduction Review

Expected Family Contribution (EFC) is a measurement of your family's financial strength and it is used to determine your eligibility for need based aid during one academic year. You receive an EFC based on the processing results of your FAFSA. If the income information on your FAFSA has changed since the time you filed, you may submit an income reduction review. The review, if approved, will reevaluate your FAFSA and your EFC with the current information.

Note for families with a zero Expected Family Contribution (EFC): please do not submit this form since you have already been offered the maximum amount of aid possible for a student with an EFC of zero.

Changes resulting from this review do not guarantee an increase in aid.

A loss of income sustained by a dependent student but not substantially affecting the combined income of the family (parents' income) may have little to no impact on a student's financial aid eligibility.

To initiate a review of your cost of attendance (i.e. your financial aid budget), you must submit a Student Budget Review form.  


1. Click on the eForm below. 

2. Follow instructions to complete and submit the form along with additional documentation to Financial Aid and Scholarship Services.

3. Make sure you include a personal statement explaining all losses of income.


Reviews will not be processed until the financial aid file is complete. 

If your current situation is not on the form and you want to know if it is reviewable, please contact us and a counselor will assess your situation.  Not all situations are reviewable per federal regulations.

If you have been awarded up to your cost of attendance (i.e. your financial aid budget), and would like to be considered for an increase, you must submit a Student Budget Review Form.

Having trouble downloading a form?

If you are having issues opening one of the forms above, please follow these instructions:

  • Right-click on the form link and choose "Save link as...", or similar depending on your browser.
  • Choose a location on your computer to save the form.
  • Navigate to the location of the saved form on your computer and double-click it to open.
  • To view and complete a parent form, make sure the parent is logged into My ASU as a guest.