Student Award Student Award PackagePackage

BREAKDOWN 101BREAKDOWN 101

What Is An Award What Is An Award Package?Package?

It is a package of financial awards It is a package of financial awards that are granted and offered to a that are granted and offered to a student, in order to assist with student, in order to assist with paying for college expenses.paying for college expenses.

It should not exceed the set Cost of It should not exceed the set Cost of Attendance (COA), which is Attendance (COA), which is determined by campus of enrollment determined by campus of enrollment and credit hours taken.and credit hours taken.

What Types Of Awards Does What Types Of Awards Does It Consist Of?It Consist Of?

Waivers Waivers Guarantees Guarantees Scholarships Scholarships GrantsGrants Work StudyWork Study LoansLoans

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HOW DO THESE ITEMS HOW DO THESE ITEMS MAKE AN AWARD MAKE AN AWARD

PACKAGEPACKAGE

Award Packaging Award Packaging HierarchyHierarchy

1.1. Waivers, Guarantees, or ScholarshipsWaivers, Guarantees, or Scholarships

2.2. GrantsGrants

a.a. Pell GrantPell Grant

b. SEOG b. SEOG

c. Washington State Need Grant c. Washington State Need Grant

d. College Bound d. College Bound

3.3. Institutional GrantInstitutional Grant

4.4. Cougar CommitmentCougar Commitment* * Must be a Full Time StudentMust be a Full Time Student

Not to be confused with Not to be confused with COUGARCOUGARACADEMIC AWARDACADEMIC AWARD (CAA) (CAA)

* Scholarship given to Non- Resident * Scholarship given to Non- Resident Incoming FreshmanIncoming Freshman

* Two different award levels (level 1 * Two different award levels (level 1 $9000 & $9000 & level 2 $4000) based on H.S. level 2 $4000) based on H.S. test scorestest scores* Renewed for 3 years (4 years total)* Renewed for 3 years (4 years total)

5.5. Work StudyWork Study

6.6. Nursing LoanNursing Loan

* Must be in Nursing Program* Must be in Nursing Program

7.7. Subsidized Stafford LoanSubsidized Stafford Loan

8.8. Perkins LoanPerkins Loan

9.9. Unsubsidized Stafford LoanUnsubsidized Stafford Loan

10.10. Parent PLUS LoanParent PLUS Loan

* Dependant Student’s Parents only can * Dependant Student’s Parents only can applyapply

Student’s Financial Award Package Screenshot

Important TIPSImportant TIPS New awards added to a students package New awards added to a students package

after it has already been fully packaged after it has already been fully packaged will cause adjustment to previous awards.will cause adjustment to previous awards.

* * Which may cause a bill if awards have Which may cause a bill if awards have disbursed and the student has received any disbursed and the student has received any refundsrefunds

All awards may not be present in each All awards may not be present in each student’s award package. Each package is student’s award package. Each package is determined by the student’s financial determined by the student’s financial need, which is calculated based on the need, which is calculated based on the financial information submitted on the financial information submitted on the FAFSA.FAFSA.