Have Questions?
Income Change? It Could Affect Financial Aid
Have you and/or your parents had a reduction/change in income that might affect your financial aid? At Monterey Peninsula College we recognize that circumstances for families can change unexpectedly.
Your 2025-26 FAFSA or the California Dream Act application reflects income information from the 2023 tax year. If you or your family's financial situation has changed from 2023, you may request to have your financial aid eligibility re-evaluated using your 2024 or 2025 tax year.
However, if you are requesting an income request review after December 8, 2025, we require a completed 2024 Federal Tax Return or transcript with W-2(s).
If you feel you have special circumstances please complete the Income Change Review Form and provide an explanation and documentation as outlined on the form.
Reasons for loss of income include:
- Loss / Reduction of Employment or Income
- Unusual Medical and/or Dental Expenses
- Divorce, Separation or Death
- Other, e.g. COVID-19 related
Before completing any of these forms, make sure your 2025-26 Financial Aid File is complete and you are meeting minimum satisfactory academic progress standards or that you have a current and approved Personal Circumstance Form on file with the MPC Financial Aid Office.