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- Getting started<\/a><\/li>\n
- Types of Aid<\/a><\/li>\n
- Disbursement process<\/a><\/li>\n
- Manage your federal student loans<\/a><\/li>\n
- Summer term<\/a><\/li>\n
- Textbook resources<\/a><\/li>\n
- Veterans benefits<\/a><\/li>\n<\/ul>\n
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Disbursement Process<\/strong><\/h2>\n
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Federal regulations allow Financial Aid to disburse up to ten days before a term begins.<\/strong><\/span><\/h4>\n
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Before the Term:\u00a0<\/span><\/strong>WOU Financial Aid disburses two times during the week before a term begins.<\/span><\/h4>\n<\/li>\n
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1st Week:\u00a0<\/span><\/strong>WOU Financial Aid disburses three times during the first week of the term.<\/span><\/h4>\n<\/li>\n
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During the Term:\u00a0<\/span><\/strong>WOU Financial Aid regularly disburses aid twice a week.<\/span><\/h4>\n<\/li>\n
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Last Week:\u00a0<\/strong>WOU Financial Aid disburses two times during the last week of each term.<\/span><\/h4>\n<\/li>\n<\/ul>\n
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Financial Aid is electronically disbursed to your Wolf Web account as a payment.<\/span><\/h4>\n<\/li>\n
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After Financial Aid is paid to your Wolf Web account, you may have an owed balance or a refund issued.<\/span><\/h4>\n<\/li>\n
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See the Accounting & Business Services office\u2019s\u00a0Payment Information<\/a><\/span>\u00a0page for information on payment deadlines.<\/span><\/h4>\n
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It is the responsibility of the student to ensure sufficient payment is made for the charges on a Wolf Web account.<\/span><\/h4>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n
Estimate Your Wolf Web Account Balance<\/strong><\/span><\/h3>\n
\nWolf Web account charges are assessed by the Accounting & Business Services Office on a per-term basis.<\/span><\/h5>\n
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- Estimate Wolf Web account charges with the Accounting & Business Services office\u00a0Tuition Calculators<\/span><\/a>.<\/strong><\/span><\/li>\n<\/ul>\n
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- Estimate Financial Aid payment with the One-Term Estimated Budget Worksheet, located on\u00a0Portal<\/span><\/a>\u00a0home, \u201cFinancial Aid Forms\u201d.<\/strong><\/span><\/li>\n<\/ul>\n<\/div>\n
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Why hasn\u2019t your financial aid disbursed? Check\u00a0My FinAid<\/a><\/span>\u00a0> Documents & Messages.\u00a0Additionally, refer to the list<\/a><\/span> below for the most common issues which prevent Financial Aid from disbursing.<\/span><\/h4>\n
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The WOU Financial Aid Census Date is always the second Friday of each academic term.<\/span><\/h5>\n
Eligibility for all federal, state, and institutional aid is based on your enrollment level as of Census Date.<\/strong>\u00a0Your enrollment level will lock at Noon on Census Date\u00a0and is the enrollment level which your financial aid is based for that term, regardless of whether you add or drop courses after that date. Degree Partnership students should ensure their enrollment level is set by the second Thursday of each term.<\/span><\/span><\/h4>\n
Exception<\/em><\/strong>: For summer term students in late-starting summer modules. Your aid may be reduced if you do not begin attendance in a late-starting session.<\/span><\/h4>\n
2019-2020 Census Date Schedule<\/span><\/h5>\n
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Summer 2019 \u2013 July 5, 2019<\/span><\/h4>\n<\/li>\n
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Fall 2019 \u2013 October 11, 2019<\/span><\/h4>\n<\/li>\n
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Winter 2020 \u2013 January 17, 2020<\/span><\/h4>\n<\/li>\n
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Spring 2020 \u2013 April 10, 2020<\/span><\/h4>\n<\/li>\n<\/ul>\n
Financial Aid is revised for students whose registered enrollment at Census Date does not match their financial aid enrollment level.<\/span><\/h4>\n
<\/span>Census Date revisions begin the third week of each term.<\/span><\/h5>\n
Example<\/strong>: Joe College began this term enrolled in 12 credits. Joe\u2019s financial aid disbursed on the first day of the term, but by Census Date, he dropped a course and his enrollment was locked at 8 credits. After the Census Date, Joe\u2019s financial aid will be revised to reflect 8 credits worth of Joe\u2019s Pell Grant. This may create an owing balance on Joe\u2019s Wolf Web account, after the revisions are made.\u00a0<\/span>Note: Other grants and scholarships may also be impacted by a reduced enrollment level.<\/strong><\/p>\n
Learn more about enrollment level requirements for\u00a0<\/span>Loans and Grants<\/span><\/a>.<\/h5>\n
Learn more about enrollment level requirements for\u00a0<\/span>Scholarships<\/a><\/span>.<\/h5>\n
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Retroactive disbursements are disbursements which occur after an academic term has ended. View types of retroactive disbursments here<\/a>.<\/span><\/strong><\/h5>\n
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Taxability of Various Types of Educational Assistance<\/strong><\/h2>\n
Note: Some or all of your financial aid (from scholarships, fellowships, need-based education grants, and qualified tuition reductions) may be considered taxable income. Please consult<\/span>\u00a0<\/span>IRS Publication 970, Chapter 1<\/a>\u00a0<\/span>for more information.<\/span><\/h4>\n
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Common Issues<\/strong><\/h2>\n
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WOU Financial Aid is packaged based on full-time enrollment.<\/span><\/h5>\n
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If you are not enrolled full-time each term, your aid will not disburse until your registered enrollment level matches your financial aid package enrollment level.\u00a0<\/span><\/h4>\n<\/li>\n<\/ul>\n
If you do not plan to attend full-time each term, please submit a\u00a0<\/span>Revision Request<\/span><\/a>\u00a0<\/span>to avoid delays in your financial aid disbursement.<\/h5>\n
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Revision Requests may take\u00a0several weeks<\/strong>\u00a0to be process, so we recommend students submit the request as soon as they are aware they will not attend full-time.<\/span><\/h4>\n<\/li>\n<\/ul>\n
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- Estimate Financial Aid payment with the One-Term Estimated Budget Worksheet, located on\u00a0Portal<\/span><\/a>\u00a0home, \u201cFinancial Aid Forms\u201d.<\/strong><\/span><\/li>\n<\/ul>\n<\/div>\n
- Estimate Wolf Web account charges with the Accounting & Business Services office\u00a0Tuition Calculators<\/span><\/a>.<\/strong><\/span><\/li>\n<\/ul>\n
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- Types of Aid<\/a><\/li>\n
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