2006-2007 Student Handbook - University of the Incarnate Word

The priority deadline is April 1. In order to receive the best possible financial aid package it is importantfor students to meet this deadline. Current UIW students must have a complete file by the April 1 deadline.A complete file includes the Student Aid Report or its electronic equivalent, a completed UIW StudentInformation Form, plus verification documents if the student is selected to complete these forms.The OFA is open to students on a walk-in basis during business hours. The OFA offers a resource centerfor scholarship searches, electronic transmissions of FAFSA information and various lender and serviceinformation. The OFA web page at www.uiw.edu/finaid includes information about applying for aid awardstatus and various forms to download.General Eligibility RequirementsStudents must:* Be enrolled at least halftime in adegree-seeking program.* Be making satisfactory academic progress.* Not be in default on any federal and/orstate loan program.* Not owe a refund on any federal and/orstate grant.Types of Financial AssistanceEach program has its own set of eligibilityrequirements.Please check our web site for the specifics ofeach one of these financial aid programs:* Academic Scholarships* Performance Scholarships* Grants* Federal Work-Study* Student Loans* Outside ScholarshipsStudent Responsibilities* A student must report to the OFA any funds being received from outside resources. This includesscholarships, grants, tuition assistance, employer reimbursements, military benefits, etc. The OFA isrequired to include outside resources in your overall financial aid package.• Students must complete the loan process before the start of each semester to ensure thattuition and fees will be covered.• Students must maintain satisfactory academic progress. Go to www.uiw.edu/finaid for moredetailed information.Disbursement of Financial AssistanceAll grants and scholarships will be disbursed on the first day of class. Student loans will be disbursed bythe first day of class if the student completed the loan process in time. Loans processed late will bedisbursed within one day of receiving the roster from the lenders. All loans must be approved andprocessed before the student will be issued bookstore credit. If the student has more financial assistancethan billed charges, bookstore credit can be placed on the student’s account two weeks prior to the semesterstart date.Living expense checks are issued to students if there is an excess of financial assistance over and abovetheir billed charges. Living expense checks will not be issued to the student until after the 100% refundperiod has ended for each term of enrollment. The student must have an actual credit balance, whichmeans that all funds must be disbursed into the student’s account (no pending funds).First Year EngagementPhone: 805-3006We are the Title V funded program dedicated to promoting the success of first year students by enhancingstudent engagement. We are a “one-stop” for first year students to find answers to questions and identifyresources for their success.23