UNIVERSITY OF WASHINGTON BOTHELL OFFICE OF FINANCIAL AID & SCHOLARSHIPS Financial Aid.

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Presentation transcript:

UNIVERSITY OF WASHINGTON BOTHELL OFFICE OF FINANCIAL AID & SCHOLARSHIPS Financial Aid

Financial Aid Process File your FAFSA (Free Application for Federal Student Aid) online at  Priority Aid – received by priority deadline (February 28)  Late Aid – received after priority deadline UWB receives your FAFSA information 1 – 5 weeks after you file, and packages your financial aid  Considered for grants, loans, and work study funds Accept financial aid award on MyUW Sign Master Promissory Note (MPN) for loans

Financial Aid Process (continued) Aid is disbursed evenly over autumn, winter & spring quarters  Disbursements occur one week before the quarter starts  Automatically pays student account (tuition, fees, etc.) Leftover money is deposited through direct deposit, or available in a check that is mailed to your address  Buy your books, use funds for other student expenses

Financial Aid Process (continued) File a new FAFSA every year  Financial aid year: summer -- spring  Priority deadline for next year: February 28, 2012  We recommend filing by February 15 to be received by the Federal Processor by February 28.

Financial Aid Eligibility Award is based on Full-Time enrollment:  Graduate credit requirements:  10 = Fulltime  5 = Part-time  Undergraduate credit requirements:  12 = Fulltime  6 = Part-time  Aid can be adjusted to less than full-time status  Some aid requires full-time enrollment

FAFSA Revision Requests Revision Requests  Change in Resources/ Financial Situation (loss of income, child support, uninsured medical costs)  Additional Expenses (computer, childcare, professional license, medical)

Scholarships UWB General Scholarship Applications  Winter & Spring 2012 General Scholarship  Application online available October 17, 2011  Considered for multiple scholarships  General Scholarship  Autumn 2012, Winter & Spring 2013  Application online available Winter 2012  Considered for multiple scholarships Private Scholarships www. thewashboard.orgwww. thewashboard.org Office of Merit Scholarships, Fellowships, & Awards

TRY OUR WEBSITE: CONTACT US: DANETTE IYALL UW BOTHELL FINANCIAL AID & SCHOLARSHIPS ; UW1-160 Questions?