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The Timeline
One of the most important aspects of financial aid is understanding the process. Our office has created this timeline to help you better understand the general financial aid process and to maximize your aid eligibility by not missing important deadlines. We hope it's useful for your planning but please understand that it may not cover all possible scenarios and student situations, given that we process aid year-round and for more than one term.
Please also note that when we mention “Financial Aid Delivery” we assume that students are aware of, and ultimately responsible for, their enrollment, documentation, and academic eligibility based on federal, state and institutional Satisfactory Academic Progress policies. We encourage students to monitor their financial aid status closely on zzusis, respond to our requests for additional documentation quickly, and ask questions when necessary.
Financial Aid Timeline
APRIL |
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| Preliminary Award Notification letters are sent to incoming students to assist with their enrollment decisions. |
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| The Financial Aid Office continues to process FAFSAs for students who filed after the February 15 priority deadline and review verification documents. |
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| Turn in requested verification documents and submit appeals (if applicable). |
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| If a student and/or parent has special circumstances that are not reflected in the FAFSA, a Special Circumstances Appeal may be submitted for review. |
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MAY |
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| 4 | May 4 is the final day to accept student loans for spring semester. |
| Summer financial aid will deliver the first day of the first session in which you are enrolled. (Tuition charges and financial aid are posted to WSU student accounts the week prior to the start of the semester. Refund checks are mailed, and direct deposits are available, on the first day of classes.) |
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JUNE |
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| Final Financial Aid Award Letters are sent. |
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| Students who have been offered loans on their Final Award Letter will need to accept any loans they intend to take. New borrowers will need to complete Entrance Counseling and sign the Master Promissory Note (MPN) here for Stafford Loans or here for Perkins, Nursing, or Health Professions Loans. |
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| For Parent PLUS loans, parents will need to complete the Parent PLUS Loan Acceptance and Verification form (G8 for fall/spring and G9 for summer). New parent borrowers must also complete the Master Promissory Note (MPN) here. |
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JULY |
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| 27 | July 27 is the final day to accept student loans for summer session. |
AUGUST |
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| 15 | Special Circumstance Appeals must be submitted by August 15 for students to be considered for priority funding opportunities. |
| 20 | Fall Semester financial aid delivers on the first day of classes. (Tuition charges and financial aid are posted to WSU student accounts the week prior to the start of the semester. Refund checks are mailed, and direct deposits are available, on the first day of classes.) |
SEPTEMBER |
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| Processing continues. |
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OCTOBER |
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| The WSU Academic Scholarship Application for the upcoming school year becomes available. |
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NOVEMBER |
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| Processing continues. |
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DECEMBER |
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| 14 | December 14 is the last day you can accept student loans for fall semester. |
| If you’re planning to attend Summer Session, complete the Summer Financial Aid Application available this month online (priority deadline February 15). |
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JANUARY |
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| 1 | The 2012-13 Free Application for Federal Student Aid (FAFSA) becomes available January 1st. |
| Spring semester financial aid for current students delivers on the first day of classes. (Tuition charges and financial aid are posted to WSU student accounts the week prior to the start of the semester. Refund checks are mailed, and direct deposits are available, on the first day of classes.) |
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| 31 | January 31st is the deadline for the WSU Academic Scholarship Application. |
FEBRUARY |
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| 15 | Finish your FAFSA before the Priority Deadline on February 15th! (Note: the FAFSA application is processed on the East Coast so applicants should file by 9:00 p.m. Pacific Standard Time to meet the deadline). |
| The FAFSA can be completed anytime during the year, but students will receive the most financial aid if the February 15 deadline is met. |
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| February 15 is also the priority deadline for the Summer Session Financial Aid Application if you plan to attend the summer session. |
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MARCH |
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| Summer Award Letters are sent out for the current school year. |
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| The Financial Aid Office may ask students and/or parents for documents to verify FAFSA data . (Note: Final financial aid awards cannot be made until verification documentation is received, reviewed, and processed by our office.) |
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| Don't delay in returning requested documents! Processing can take four to six weeks at the beginning of a semester. |