H FAFSA - wiu.edu

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WIU FINANCIAL AID WIU School Code: 001780 WESTERN Printed by authority of the State of Illinois • 5/2018 • 7,000 • 18133 WIU Financial Aid Office Sherman Hall 127 (309) 298-2446 (p) (309) 298-2353 (f) [email protected] wiu.edu/fa FAFSA APPLICATION TIPS: • Apply online at fafsa.gov. • Double-check your name and Social Security number. • Read the “Help & Hints” provided next to the questions online. • Student and parent must sign the FAFSA. • Complete as soon as possible to maximize eligibility. YOU SUBMIT A FAFSA, YOU ARE APPLYING FOR: GRANTS H FEDERAL WORK STUDY H LOANS WHEN JOIN THE ACTION @WIUfinancial_aid ILLINOIS UNIVERSITY • Earn 67% of your credit hours • Maintain at least a 2.0 GPA • Graduate on time SAVE YOUR AID MAKE THE GRADE Learn more about Financial Aid Satisfactory Academic Progress at GET STARTED For a detailed checklist, visit the “Getting Started” section of our website. Apply for admission to WIU. Apply at wiu.edu. File your FAFSA as soon as possible, beginning Oct. 1. Begin applying for private and University scholarships the year before you will attend. E Pay attention to deadlines, and visit wiu.edu/ scholarships for more information. As soon as you are accepted, activate your WIU email and STARS accounts - and check them regularly. E Information requests and notifications are sent online. Check these accounts regularly to stay informed and complete requirements. E You can grant access to STARS for guests by selecting Parent/Guest Account Management from the STARS menu. Review your financial aid award letter. E You will receive a notification at your WIU email account once your award letter is ready to view on STARS. Use the online Cost Estimator to determine your anticipated expenses (wiu.edu/costestimator). Don’t Pay for FAFSA... It’s FREE! GET MORE TIPS ONLINE AT WIU.EDU/FA. wiu.edu/fa/satisfactoryprogress

Transcript of H FAFSA - wiu.edu

Page 1: H FAFSA - wiu.edu

WIU FINANCIAL AIDWIU School Code: 001780

WES

TERN

Printed by authority of the State of Illinois • 5/2018 • 7,000 • 18133

WIUFinancial Aid Office

Sherman Hall 127(309) 298-2446 (p)(309) 298-2353 (f)

[email protected]

wiu.edu/fa

FAFSA APPLICATION TIPS:• Apply online at fafsa.gov. • Double-check your name and Social Security number.• Read the “Help & Hints” provided next to the questions online.• Student and parent must sign the FAFSA.• Complete as soon as possible to maximize eligibility.

YOU SUBMIT A FAFSA, YOU ARE APPLYING FOR:

GRANTS H FEDERAL WORK STUDY H LOANS

WHEN

JOIN

TH

E AC

TIO

N@

WIU

finan

cial

_aid

I LL

I NO

I S U

NI V

ER

SI T

Y

• Earn 67% of your credit hours• Maintain at least a 2.0 GPA• Graduate on time

SAVE YOUR AIDMAKE THE GRADELearn more about Financial Aid Satisfactory Academic Progress at

GET STARTEDFor a detailed checklist, visit the “Getting Started” section of our website. Apply for admission to WIU. Apply at wiu.edu. File your FAFSA as soon as possible, beginning

Oct. 1. Begin applying for private and University

scholarships the year before you will attend.E Pay attention to deadlines, and visit wiu.edu/

scholarships for more information.

As soon as you are accepted, activate your WIU email and STARS accounts - and check them regularly.

E Information requests and notifications are sent online. Check these accounts regularly to stay informed and complete requirements.

E You can grant access to STARS for guests by selecting Parent/Guest Account Management from the STARS menu.

Review your financial aid award letter.E You will receive a notification at your WIU

email account once your award letter is ready to view on STARS.

Use the online Cost Estimator to determine your anticipated expenses (wiu.edu/costestimator).

Don’t Pay for

FAFSA...

It’s FREE!

GET MORE TIPS ONLINE AT WIU.EDU/FA.

wiu.edu/fa/satisfactoryprogress

Page 2: H FAFSA - wiu.edu

• Submit your FAFSA as soon as possible, beginning Oct. 1 every year at FAFSA.gov.

• Start searching for scholarships now.

• Check your WIU email and STARS accounts frequently.

• Budget and plan ahead for each semester.

• Be prepared to purchase textbooks with cash, check or credit card.

• Review and save all information.

• Know what you owe—visit nslds.ed.gov to track your federal loan debt.

• Your college grades can impact your financial aid eligibility (wiu.edu/fa/satisfactoryprogress).

• Keep up with our website and Facebook page (facebook.com/wiufinancialaid & wiu.edu/fa).

THE FINANCIAL AID PROCESS

DOMESTIC 2018-19 COSTS*All permanent domestic US residents now receive in-state tuitionTuition/year . . . . . . . . . . . . . . . . . . . . . . . .$8,541Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2,726One-Time Fees . . . . . . . . . . . . . . . . . . . . . . . . 115Room & meal plan . . . . . . . . . . . . . . . . . . . .9,630Housing Fees . . . . . . . . . . . . . . . . . . . . . . . . 200

Total* . . . . . . . . . . . . . . . . . . . . . . . . . . .$21,112

Estimates are based on a full-time, new student who enrolls in 15 credit hours each semester (fall and spring terms) and chooses a double room with a basic meal plan.Single rooms, super single rooms and suites, as well as meal plan add-ons, are available at a higher rate.All costs are subject to change by action of the WIU Board of Trustees.

ANTICIPATING YOUR ANNUAL COST OF ATTENDANCE

Actual 2019-20 costs will be available Spring 2019

$ 11,267 Tuition/Fees (Plan T - 15 credit hours) + 9,830 Room & meal plan (double room)

21,097 Total Direct Costs+ 1,200 Estimated Books/Supplies Expenses

22,297 Total Estimated Expenses – ________ Subtract your Financial Aid

$ ________ Estimated Out-of-Pocket Payment (÷ 2 for semester payments)

REMEMBER:• If the student does not have comparable insurance,

a 2018-19 health insurance charge is assessed of $1,684.

• In addition to these costs, it is recommended that families anticipate other miscellaneous expenses, such as transportation, clothing, laundry, entertainment, etc. We estimate an additional $2,216 in miscellaneous expenses, per year, bringing the average cost of attendance to $26,197 for 2018-19.

• WIU has structured payment plans available for each semester. Visit wiu.edu/billing to learn more.

ANTICIPATING YOUR EXPENSES

If accepting federal student loans, visit

studentloans.gov to complete your

Entrance Counseling and

MASTER PROMISSORY NOTE.

FILE YOUR

FAFSAA

FAFSA results are received by WIU.

A

View application status on STARS.

If required, submit additional documentation or complete

verification.

AFAFSA is reviewed and

eligibility is processed in order by date.

AReceive and review financial

aid award letter. View online using STARS.

A

AFinancial Aid credits

your University Account at the

beginning of each semester.

View on STARS under Account

Detail

FOR REDUCING

YOUR EXPENSES:

• Choose a double room

instead of a single room.

• Choose used or rental

textbooks, if available, for

your courses.

• Monitor your food choices,

and be aware of how food

points are used.

• Avoid parking tickets and

finance charges.

PAY THE SAME

RATE FOR FOUR

STRAIGHT YEARS!

WIU is the only university

in Illinois to offer the

four-year Cost Guarantee

for tuition, fees and room

and board rates over a

four-year period!

FINANCIAL AID TIPS FOR WIU STUDENTS

3 Types of Federal Student Aid

Freemoney.

1

GRANTSGRANTS

Earnedmoney.

3

WORK-STUDY

Borrowedmoney.

2

LOANS

Student Employment Job opportunities are posted online at wiu.edu/studentemployment beginning Aug. 1.

Federal Student Loans are funds that must be paid back. Students have the option to reduce or cancel unwanted loans online using STARS.

Grants and Scholarships are gift aid that do not have to be paid back. These awards are often based on merit or financial need.

FEDERAL LOAN LIMITS FOR DEPENDENT STUDENTSFreshman (1-29 hrs earned). . . . $5,500/yearSophomore (30-59 hrs earned) . . $6,500/year

Junior (60-89 hrs earned) . . . . . . $7,500/yearSenior (90+ hrs earned) . . . . . . . $7,500/year