Spring 2021 Packaging Guidelines and Funding Sources

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Explore the packaging deadlines, policies, and funding options for the Spring 2021 term. Learn about important dates, eligibility criteria, and funding sources such as Pell Grants, loans, and institutional grants. Get insights into student packaging processes, reminders, and reasons for packaging issues. Stay informed to ensure a smooth financial aid experience for the upcoming term.

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SPRING 2021: PACKAGING, REMINDERS, CALENDAR ADJUSTMENTS, TRAINING TUESDAY NOVEMBER 17, 2020 JOY SCOUREY

DISCUSSION TOPICS Review Spring 2021 Packaging Policy document Spring 2021 Calendar Adjustments & Impacts on Aid Other Reminders related to one term packaging

SPRING FUNDING SOURCES THROUGH PACKAGING Pell Grant entitlement, no deadlines apply SEOG students who meet on-time dates $50 SEOG match residents $625 SEOG award if EFC < or = to 12,000 Washington College Grant based on MFI, no deadlines College Bound based on MFI, remember 65% CB MFI students Cougar Commitment Grant based on spring deadlines (Same FAFSA deadlines & file ready by 12/1/21 Institutional Grant based on spring deadlines

SPRING FUNDING SOURCES THROUGH PACKAGING CONTINUED Subsidized Loan Unsubsidized Loan Parent Plus Loan Grad Plus Loan Awarded full year eligibility if no previous borrowing record for fall semester (per the transfer monitoring report). Timing of when fall loans are reported can cause issues with students ending up not being eligible for full loan amount.

SPRING PACKAGING DEADLINES FAFSA Current Student: 12/15/19 New Student: 2/15/20 File Ready by 12/01/20 Admission Status Pullman Campus: of AC, AD, AM or PM by 12/01/20 myWSU navigation to see on time dates: FAFSA Assign Awards screen or Packaging Variables page ( ISIR On Time ) File Ready Packaging Variables Page (Packaging variable 4: <= 12/1/20 Admission Date Packaging Variables page (Packaging variable 1: <= 12/1/20

Admission date OVRD used override AY rules on admit date

REASONS A STUDENT MIGHT NOT BE PACKAGED & WHERE TO LOOK Admission process pending = for Pullman, must be admitted, other campus s at least applied In Verification View Financial Aid Status, 3 C s Application just loaded View Financial Aid Status, Institution Process Date Non Degree Seeking status Campus Community, Admissions section Student originally admitted for fall, ended up not enrolling, package zeroed out after fall census Campus Community>Admissions tab>Applicant Progression section ISIR is in suspense Student didn t add WSU to their ISIR SAP Undetermined or in a Not Meets status

Does a student have to be enrolled to get a spring financial aid package? True or False Does a student have to be admitted to receive a spring financial aid package? True or False

SPRING 2021 ADMISSION APP. PACKAGING STATS 371 with and Admit Term of 2213 267 Packaged 104 currently not packaged due to: 38 - SAP Undetermined or in a Not Meets status 21 No File Ready Date 8 Pullman in an AP Status 37 In process of being packaged by packaging team

STEPS TO UPDATE THE EFC FROM 4 TO 9 MONTHS If a student has changed graduation term from fall to spring semester, the need duration needs to be corrected to reflect the accurate EFC Navigation to see need duration and how it compares: ISIR EFC comparison to EFC in need summary

UPDATING NEED DURATION IN MYWSU Click Budget Durations and change to 9 and click OK and OK

UPDATING NEED DURATION CONTINUED.

UPDATING NEED SUMMARY CONTINUED. Now click INAS bottom and check if the EFC has been updated

SPRING 2021 ACADEMIC CALENDAR ADJUSTMENTS All Professional Careers and Health Sciences Programs no calendar changes with start date of January 11th. First scheduled Aid Disbursement January 4th Undergraduate and Graduate career (exception of any Health Sciences programs) delayed start date to January 19th. First scheduled Aid Disbursement January 11th Edit User Message (EUM) will be in place to hold aid for January 19th group. Coordination plan to offer a Short Term Loan flat amount of $500 to group of delayed students, scheduled to receive a refund of $1500, to disburse with first scheduled aid disbursement of January 4th.

MANDATORY FEE ADJUSTMENTS APPROVED FOR SPRING 2021 Refer to https://studentfees.wsu.edu/2020-2021-fees/ Pullman and Tri-Cities campuses have decided not to collect a portion of student fees. Students will see this adjustment on their account, applied to tuition and fees charged for the spring 2021 semester. Pullman Fees with Reduced Collections: Not collecting $75 of the $984.08 fall 2020 fees Tri-Cities with Reduced Collections: Not collecting $146.50 of the $471 fall 2020 fees No changes are being made to COA budgets

SPRING ADJUSTED DATES Late Fee Dates: 3% - Tuesday Feb 2, 2021 5% - Wednesday Feb 17, 2021 7% - Thursday Mar 4, 2021 Census Date: 10th Day Reporting ; All students January 29th, 2021 Financial Aid Census: January 30, 2021

OTHER REMINDERS FOR SPRING PACKAGING Pay attention to the student COA Budget and if they are a spring only package, there shouldn t be any budget components for fall. If you need to update a student s COA budget to clear out any remaining fall budget components. Other reasons a student s spring package may need to be adjusted: EFC Change MFI Change Term Change Fall only to now a full year LO flagged

IMPLEMENTATION OF NRC (NO RECORD COVID) GRADE EFFECTIVE FALL 2020 Essentially this is a late withdrawal and can be excluded from being factored in for SAP Appeal Processing. Students can appeal for a retroactive NRC in place of a previous W that was processed earlier in the semester NRC Requests are processed by the Registrar s Office through an online form request. Students can request to have an NRC grade changed back after initially requesting an NRC Grade. Final Grades are due 12/22/20 NRC Grade Processing deadline 1/6/21

OTHER UPDATES Students who would ordinarily be dismissed under R38B rule - this rule suspended for fall 2020. Students who were R39 s and would normally be dismissed, were granted an exception spring 2020 and allowed to continue to enroll for fall 2020. If students in this group again is considered an R39, they will be recessed for spring 2021. Students utilizing the new NRC grade this does not count toward their allowable number of withdrawals.

A FEW OTHER TIMELY UPDATES 2021-22 Scholarship Applications received up to 11/10 have been transferred into imaging Scholarship checklist has been set as received 1033 records Communication sent to student confirming receipt of scholarship application