Student Award Package BREAKDOWN 101. What Is An Award Package? It is a package of financial awards that are granted and offered to a student, in order.

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Student Award Package BREAKDOWN 101

What Is An Award Package? It is a package of financial awards that are granted and offered to a student, in order to assist with paying for college expenses. It is a package of financial awards that are granted and offered to a student, in order to assist with paying for college expenses. It should not exceed the set Cost of Attendance (COA), which is determined by campus of enrollment and credit hours taken. It should not exceed the set Cost of Attendance (COA), which is determined by campus of enrollment and credit hours taken.

What Types Of Awards Does It Consist Of? Waivers Waivers Guarantees Guarantees Scholarships Scholarships Grants Grants Work Study Work Study Loans Loans

?

HOW DO THESE ITEMS MAKE AN AWARD PACKAGE

Award Packaging Hierarchy 1.Waivers, Guarantees, or Scholarships 2.Grants a. Pell Grant b. SEOG c. Washington State Need Grant d. College Bound 3.Institutional Grant

4.Cougar Commitment * Must be a Full Time Student Not to be confused with COUGAR ACADEMIC AWARD (CAA) * Scholarship given to Non- Resident Incoming Freshman * Two different award levels (level 1 $9000 & level 2 $4000) based on H.S. test scores * Renewed for 3 years (4 years total) 5.Work Study

6.Nursing Loan * Must be in Nursing Program 7.Subsidized Stafford Loan 8.Perkins Loan 9.Unsubsidized Stafford Loan 10.Parent PLUS Loan * Dependant Student’s Parents only can apply

Student’s Financial Award Package Screenshot

Important TIPS New awards added to a students package after it has already been fully packaged will cause adjustment to previous awards. New awards added to a students package after it has already been fully packaged will cause adjustment to previous awards. * Which may cause a bill if awards have disbursed and the student has received any refunds All awards may not be present in each student’s award package. Each package is determined by the student’s financial need, which is calculated based on the financial information submitted on the FAFSA. All awards may not be present in each student’s award package. Each package is determined by the student’s financial need, which is calculated based on the financial information submitted on the FAFSA.