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PDF Version - Catalog - University of West Florida

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Financial Aid<br />

The Financial Aid Office (FAO) coordinates the awarding <strong>of</strong><br />

scholarships, grants, work-study, and loans through Federal,<br />

State, and <strong>University</strong> funds. Financial aid enables students to<br />

reduce or eliminate financial barriers to admission and retention<br />

at the <strong>University</strong>. All awards are contingent upon availability <strong>of</strong><br />

funds and demonstration <strong>of</strong> financial need, unless otherwise<br />

noted. Non-degree students are not eligible to receive financial<br />

aid.<br />

Applying for Financial Aid<br />

A student applying for financial aid must follow the procedure<br />

outlined below:<br />

• Complete the "Free Application for Federal Student<br />

Aid (FAFSA)," available online at fafsa.gov (http://<br />

www.fafsa.gov/). The results, called a Student Aid Report<br />

(SAR), will be electronically transmitted to the <strong>University</strong> <strong>of</strong><br />

<strong>West</strong> <strong>Florida</strong> when the student enters UWF’s school code<br />

"003955" on the FAFSA.<br />

• Submit an application for admission to UWF. No financial aid<br />

will be awarded until the applicant has been admitted to UWF.<br />

Most financial aid programs require that an applicant register<br />

at least half-time, maintain satisfactory academic progress, and<br />

show evidence <strong>of</strong> financial need. Receipt <strong>of</strong> a financial aid award<br />

does not guarantee financial aid in subsequent years. A student<br />

must reapply for financial aid each academic year.<br />

2012-2013 Full-Time Graduate<br />

Student Budget<br />

These two-semester graduate student budgets are used to<br />

determine initial financial aid awards, but can be adjusted later in<br />

the year if tuition figures change.<br />

<strong>Florida</strong> Resident<br />

Student Tutition Books/ Room/<br />

SuppliesBoard<br />

Transportation PersonalTotal<br />

Commuter$5,778 $1,200 $3,114 $1,800 $2,200 $14,092<br />

On-<br />

Campus<br />

$5,778 $1,200 $8,418 $1,100 $2,500 $18,996<br />

Off-<br />

Campus<br />

$5,778 $1,200 $8,418 $1,800 $2,500 $19,696<br />

Non-<strong>Florida</strong> Resident<br />

Student Tutition Books/ Room/<br />

SuppliesBoard<br />

Transportation PersonalTotal<br />

Commuter$17,658 $1,200 $3,114 $1,800 $2,200 $25,972<br />

On-<br />

Campus<br />

$17,658 $1,200 $8,418 $1,100 $2,500 $30,876<br />

Off-<br />

Campus<br />

$17,658 $1,200 $8,418 $1,800 $2,500 $31,576<br />

Commuter - residing with parents, relatives, or friends without<br />

the responsibility <strong>of</strong> rent or mortgage.<br />

Graduate tuition amount is based on 9 credit hours per semester<br />

and 18 credit hours per academic year (an average course load).<br />

<strong>University</strong> <strong>of</strong> <strong>West</strong> <strong>Florida</strong> - Graduate 19<br />

Satisfactory Progress Requirements<br />

The U.S. Department <strong>of</strong> Education requires each institution to<br />

set GPA, completion ratio, and time limit standards to monitor a<br />

student’s satisfactory academic progress in their course <strong>of</strong> study.<br />

All types <strong>of</strong> financial aid awarded by our <strong>of</strong>fice are included<br />

in this policy. The following standards are measured when a<br />

student is initially awarded and at the end <strong>of</strong> each semester:<br />

Minimum Cumulative UWF GPA<br />

Master’s, Specialist, and Doctorate: 3.0 at all times<br />

Minimum Cumulative Completion Ratio<br />

Satisfactory completion means that a student must complete at<br />

least 75% <strong>of</strong> the courses in which they enroll with the following<br />

grades: A, B, C, D, S, and N. Unacceptable grades include F, U,<br />

I (incomplete), W, WF, WR, TR, V (extended incomplete) and X<br />

(audit). Transfer hours from previous institutions are included in<br />

the completion ratio.<br />

Maximum Time Limit<br />

The maximum time limit for a graduate student is 150% <strong>of</strong> the<br />

program length. All coursework taken is included in these totals<br />

(transfer hours, withdrawals, F’s, etc.). Maximum Time Limit<br />

cannot be appealed.<br />

Satisfactory Progress Appeals<br />

Students declared ineligible for financial aid on the basis <strong>of</strong><br />

unsatisfactory academic progress may appeal the decision<br />

in writing by completing the Satisfactory Academic Progress<br />

Appeal Form. Appeals are based on extenuating circumstances;<br />

examples include: illness, family emergency, death in immediate<br />

family, military deployment. Documentation is required.<br />

Reinstatement Policy<br />

A student that chooses not to appeal, or whose appeal is denied,<br />

will regain eligibility once the minimum standards for GPA and/or<br />

completion ratio are attained.<br />

Grants<br />

Limited institutional funds are available to graduate students who<br />

demonstrate financial need. Repayment is not required. Grants<br />

range in value up to $2,000 per year.<br />

Loans<br />

Unsubsidized Federal Direct Loan<br />

An unsubsidized loan is the primary type <strong>of</strong> financial aid<br />

available to a graduate student. Interest does accrue from<br />

the time the loan is disbursed. The student has the option to<br />

pay the interest every 90 days or let it capitalize. Students are<br />

encouraged to pay the interest, if possible, to avoid additional<br />

interest charges. There is a 6-month grace period before<br />

repayment begins, and the student can repay the loan at any<br />

time without penalty. Additional information regarding interest<br />

rate, annual, and aggregate limits can be found on the financial<br />

aid website (http://uwf.edu/finaid/loans.cfm).

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