Student Budget Increases
Student budget increases are discretionary and approved by the SIU Financial Aid Office. Therefore, we strongly encourage you to speak with an Advisor within the Financial Aid office regarding the possibility of your request. Be sure to get the name of the person you speak with.
In order to secure funding for any acceptable budget increases, you have three options.
- Use any remaining Federal Direct Unsubsidized loan money available to you ($20,500). You can access your financial aid records by logging into your Salukinet account. Complete an Award Notice Change/Request Loan Form and fax it to Financial Aid with your supporting documentation.
- Use any remaining Graduate PLUS loan money or apply for the increase through https://studentloans.gov/myDirectLoan/index.action. Fax your supporting documentation to Financial Aid two days after submitting your online loan request.
- Apply for a private educational loan of your choice if you have room in your budget.