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Financial Aid Pitfalls

Financial Aid Pitfalls

 

  • Not accepting your aid online through your “My Financial Aid” portal
  • Not telling us if you will be a less-than-full-time student – your aid will not disburse until you notify us of your enrollment level
  • Student Loan Borrowers: not completing both your Loan Entrance Counseling and your Master Promissory Note on www.studentloans.gov
  • Parent Loan Borrowers: not applying for the PLUS loan online at www.studentloans.gov; not completing the Master Promissory Note
  • Not seeking a job (Wolf Link) if you’ve been awarded Federal Work Study
  • Not being aware of our Satisfactory Academic Progress policy
  • Not checking your WOU email year-round
  • Not following your financial aid checklist
  • Waiting until the last minute to check on the status of your financial aid