Loans
Need based loan.
What is a Federal Direct Subsidized Loan?
Summer is the last quarter of the academic year at WWU.
What is a trailer school?
October 1 every year.
When does the FAFSA or WASFA open?
12 credits for undergrads/8 credits for grads
What enrollment status are all scholarships set up to disburse at?
What is the minimum pace percentage to maintain SAP?
6 months
What is the federal direct loan grace period available to loan borrowers before required repayment?
If enrolled full time all academic year, must be enrolled 1/2 time or more for summer to be eligible.
What is the summer Federal Pell Grant?
Cannot be used for study abroad.
What is a tuition waiver/admissions scholarship?
What is the maximum attempted credits percentage to complete your degree or program?
Prompted every time you withdraw, cease attendance, drop less than half time enrollment or apply to graduate.
What is exit counseling?
Additional Federal Direct Unsubsidized Loan
What can I receive as a student if my parent is denied or is prohibited from applying for a PLUS Loan?
Born Before Jan 1, 1998
Not a scholarship type that you should refer students to the scholarship center for.
What is the College Bound Scholarship?
UGPLAN/UGPROB/GRADSUSP
What is the student's SAP status/ROASTAT?
Federal Loan that requires a credit check for approval and has no annual limit.
What is a PLUS Loan (grad or parent)?
What is R2t4 or Return of Title IV Funds?
RNARSxx/RNIMSxx
What screens can I access incomplete FAFSA issues for a given transaction?
Zoe, Molly or Dina
Who are the scholarship center counselors?
The process that will take place or what a student is flagged with if they received all W's, F's or X's for the quarter (hint: not SAP suspension although this will occur as well).
What is unofficial withdrawal?
Fee that changes each year on October 1 of each year.
What is the annual loan origination fee?
The Adjusted Gross Income and Untaxed Income totals and the family members/# in college.
What is the MFI/MFI %?
600%
What is the lifetime limit of the Federal Pell Grant?
Aid application for undocumented students whose eligibility is limited to only state and/or institutional aid.
What is the WASFA?
3.0
What is the minimum GPA requirement for grad students for SAP?