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Financial Aid

FlexIT Packaging Policy

2018-19 FlexIT Packaging Policy

FlexIT and FlexIT Pro students will be packaged on a quarter based aid year consisting of four quarters.  The quarter dates can be found on the Academic Calendar on the Registrar’s website at www.cwu.edu/registrar. 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 students must complete a FAFSA or WASFA (if eligible) in order to be packaged for Federal, State and/or institutional aid.  The same requirements for traditional students regarding 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. 

Expected Family Contribution (EFC) numbers from the FAFSA will be prorated for a 12 month enrollment period and one fourth of that EFC will be applicable to each non-standard quarter for need based awarding limits. Per federal regulation, yearly Pell grant eligibility is based on a standard 9 month EFC.

The Cost of Attendance budget for the aid year will be divided by four (4 quarters per year) and the tuition increased to reflect the additional cost of the program. The first quarter must be completed (or grade of IP) before the second quarter disbursement is processed.

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 quarter.

The enrollment levels are as follows:

            Full-Time: 12 credits

            Three Quarter Time: 9-11 credits

            Half-Time: 6-8 credits

            Less than Half Time: 4 or less credits

For financial aid purposes, credits are only counted as part of the term that they are registered in. This means that credits from previous terms that are currently “In Progress” or marked “Incomplete” will not be counted for enrollment level totals in future quarters.

Students cannot use state waivers for 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.

 

2018-19 FlexIT Cost of Attendance:

Cost of Attendance (Undergrad)

    Tuition = $12,000

    Room & Board = $14,820

    Personal/Misc. = $2,336

    Transportation = $1,680

Total Cost of Attendance (COA) for the Aid Year (4 quarters) = $30,836

 

Cost of Attendance (Full Time Grad)

    Tuition = $14,000

    Room & Board = $14,820

    Personal/Misc. = $2,336

    Transportation = $1,680

Total Cost of Attendance (COA) for the Aid Year (4 quarters) = $32,836

 

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.

 

  1. Enroll in classes:

Grant 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.

  1. 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.

 

  1. 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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