Name
The Dual Household Dilemma: Financial Aid Strategies for Complex Families
Date & Time
Thursday, November 21, 2024, 12:00 PM - 12:50 PM
Description

Independent schools face financial aid challenges due to diverse family situations, such as dual households from divorce, separation, or different living arrangements. These complexities create administrative hurdles and require ensuring compliance with school policy and sensitivity to all families' needs. How can schools manage a fair, transparent, and consistent financial aid program for dual households and across all applicants? This presentation will discuss best practices and formal processes, including considering both households' financial contributions and circumstances, implementing a non-custodial parent or guardian waiver protocol, and strategies for handling uncooperative households when they are unwilling to provide financial information.

Speaker:

  • Anita Harper, Chief Operating Officer, Mission Enrollment

Learning Objective: Participants will learn how to manage a fair, transparent, and consistent financial aid program for diverse family situations, specifically dual households. They will gain knowledge about best practices for considering both households' financial contributions, implementing non-custodial parent waiver protocols, and strategies for dealing with uncooperative households when both parents or guardians are to submit their own applications and documentation.

CPE Field of Study: Specialized Knowledge
CPE Delivery Method: Group Internet Based
Program Level: Basic
Prerequisites: None
Advanced Preparation: None
Recommended CPE Credits: 1.0
 

Virtual Session Link