h fafsa - wiu.edu
TRANSCRIPT
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)
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
• 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