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What's New|Student Financial Aid

UW Cowboy Card

  • Students will receive a green envelope via postal mail containing the UW Cowboy Card. The actual card is needed for initial login.

  • This is NOT a credit card. It is a debit card only with a checking account option.

  • UW will no longer send credit balance checks. Students will choose, through HigherOne, to receive their refunds via deposit to the OneAccount, student's own account of choice, or HigherOne paper check.

  • This opportunity will provide UW students faster service and increased choices for receiving their refunds.

  • For questions and additional information please visit www.uwcowboycard.com or contact Accounts Receivable.


Important Federal Regulation Changes

  • Tax return transcripts required for students selected for Verification (copies of Federal tax returns no longer accepted)

  • Request your tax return transcript free through the IRS


Recommended FAFSA Filing Process

  • Use IRS Data Retrieval (available 2 weeks after filing taxes) when filing FAFSA

  • Priority deadline for completion: March 1st


Loss of in-school interest subsidy and repayment benefits for graduate and professional students beginning in 2012-2013

  • Beginning July 1, 2012, the Graduate Federal Direct Loan program will become entirely unsubsidized, which means the loan will begin to accrue interest as soon as the loan is disbursed.

  • The amount of loan funding WILL NOT be affected.


New Satisfactory Academic Progress (SAP) Policy

Major changes include:

  • Monitor SAP every semester

  • Transfer credits count towards percent completion rate

  • Required academic plan for some students

  • Required meeting with Financial Aid Counselor

  • Graduate students have maximum hours limit


Consortium Agreement

Students under a consortium agreement will have a hold placed on their financial aid until their transcripts are received from the Host School. Students must request their transcripts be sent to UW after each term they are dual enrolled.


Pell LEU

The amount of Federal Pell Grant funds you may receive over your lifetime is limited by a new federal law to be the equivalent of six years (12 full-time semesters) of Pell Grant funding or 600%. Find out more at http://studentaid.ed.gov/types/grants-scholarships/pell/calculate-eligibility.


Withdrawal from classes for Pell eligible students

Any Pell eligible student who withdraws from one or more classes and who changes their enrollment status (full-time to part-time, part-time to half-time, etc.) is subject to a reduction in their Pell grant if they did not begin enrollment in that class(es). Instructors will be contacted to validate that the student began enrollment.

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