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Financial Aid

FlexIT Packaging Policy

FlexIT PACE students will be packaged on a non-standard semester aid year. They must be enrolled within the first three business days of the month in which they are beginning their program to be eligible for grant aid (when available). Award year limits set by Federal, State and institutional regulation/policies apply.

Due to federal financial aid regulations, a student may not receive any financial aid if they are concurrently enrolled in both the Flex-IT PACE program and standard, quarter-based classes.

FlexIT PACE students must complete a FAFSA or WASFA (if eligible) in order to be packaged for Federal, State and/or institutional aid. Note: Students whose semesters cross multiple aid years must have a completed FAFSA for each year they are seeking aid. The same requirements of verification and/or documentation as required by Federal, State and institutional regulations and/or policies apply. This includes meeting the Financial Aid application priority deadlines, Satisfactory Academic Progress policy and adhering to the award responsibilities and requirements.

Students will be awarded based on full-time enrollment but the award will be adjusted as necessary if they are less-than full-time after the last day of add/drop for the month. The Cost of Attendance budget for the aid year will be divided by two (2 semesters per year) and the tuition increased to reflect the additional cost of the program. The first semester must be completed (or grade of IP) before the second semester disbursement is processed. Students eligible for grant aid may be eligible to receive an additional grant disbursement if they successfully complete the first 12 credits of the six month term and enroll in at least six additional credits before the end of the same six month term. Students are required to notify the Financial Aid Office in writing (email FinancialAid@cwu.edu) once they are enrolled in the six additional credits.

Students cannot use state waivers during a FlexIT term, including employee waivers and National Guard waivers.

Exceptions to policy must be authorized by Director of Student Financial Services or Associate Director of Student Financial Services.

Example of Package and Disbursement:

1.  Cost of Attendance (Resident Undergrad)

  • Tuition = $12,000
  • Room & Board = $13,208
  • Personal/Misc.) = $2,336
  • Transportation = $1,680

Total Cost of Attendance (COA) for the Aid Year = $29,224

Note: This is for two semesters which is equivalent to 4 quarters.

2.  Award distribution for the year
Note: Second semesters starting in the new Financial Aid year will require a new FAFSA for the second award. For example student starting in March would need a FAFSA for 2014-15 and then a 2015-16 to receive the award for the second semester that starts in September.

First Semester

First Disbursement

COA

Second Semester

Second Disbursement

COA

September

September

$14,612

March

March

$14,612

October

October

$14,612

April

April

$14,612

November

November

$14,612

May

May

$14,612

December

December

$14,612

June

June

$14,612

January

January

$14,612

July

July

$14,612

February

February

$14,612

August

August

$14,612

March

March

$14,612

September

September

$14,612

April

April

$14,612

October

October

$14,612

May

May

$14,612

November

November

$14,612

June

June

$14,612

December

December

$14,612

July

July

$14,612

January

January

$14,612

August

August

$14,612

February

February

$14,612

 

Please NOTE: This policy is subject to change based on Federal, State and Institutional policies and regulations. 

 

 Important Information regarding Financial Aid for ITAM Flex students:

 

1. Apply for Financial Aid:

To be considered for Institutional Aid, State Aid, or Federal Aid, you must complete the Free Application for Federal Student Aid (FAFSA). The priority deadline for completing the FAFSA is March 15. Once you have submitted the FAFSA the information is processed by the United States Department of Education and sent to the individual schools of your choice. Note: The priority deadline is used to award the Washington State Need Grant and need-based institutional aid.

Students must complete all of their “To Do” that pertains to the financial aid eligibility.

2. Enroll in classes:

Grant/waiver aid: Students must be enrolled in at least 12 credits to be eligible for the full award. If they are less than full-time then the award will be pro-rated or eliminated.

Loan aid: Students must be enrolled in at least 6 credits to receive any loan aid. If enrolled in less than 6 credits then they are not eligible for any loans.

3. Financial Aid Award:

The award is disbursed in the term that the student starts the program. The full cost-of-attendance will be distributed for the term. To receive aid for the next term the student must be enrolled for a new courses and meet the Satisfactory Academic Progress requirements.

4. Satisfactory Academic Progress (SAP):

Students are required to adhere to all the SAP requirements that apply to all CWU students. If a student does not complete all of their courses at the end of the term that they started in, then the grade needs to be changed to In Progress (IP) to remain eligible.

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