Office of Financial Assistance
4301 Broadway, Box 308
San Antonio, TX 78209
The basic premise underlying financial aid programs is that the student and the student's family have the primary responsibility for paying for the student's post secondary education. Because the programs are intended to help students with financial need, eligibility for assistance from most of the programs is need based. Congress developed an Expected Family Contribution (EFC) formula to determine the financial strength of a student's family and the student's need for assistance. The information needed to calculate the EFC is provided on the Free Application for Federal Student Aid (FAFSA). Every student applying for Federal, State or Institutional aid must complete a FAFSA form each year.
The Office of Financial Assistance adheres to the following policies in the administration of the federal, state and institutional financial aid programs.
The Higher Education Act of 1965, as amended, mandates institutions of higher education to establish a minimum standard of "Satisfactory Academic Progress" for students receiving financial aid. UIW makes its standard applicable to all federal, state and institutional financial assistance programs for the purpose of maintaining a consistent policy for all students receiving financial aid (view the UIW Satisfactory Academic Progress Policy).
The Return of Title IV Funds Formula is applicable to any student receiving federal aid and withdraws from the UIW during the first 60% of a semester. These students will have their federal financial aid (Pell Grants, Supplemental Education Opportunity Grants, Perkins Loans, Federal Stafford and PLUS Loans) adjusted based on the percent of the semester completed before the withdrawal. There will be no adjustment to federal financial aid after the completion of at least 60% of the semester. If any refund remains after the required return of Title IV aid, the refund will be used to repay institutional funds, state grant funds, and other private sources and the student in proportion to the amount paid by each non-federal source, as long as there was no unpaid balance due at the time of withdrawal. If there is an unpaid balance, then all aid sources will be repaid before any refund is paid to the student.
Once the amount of the federal funds to be returned has been calculated, the funds will be returned to the appropriate program(s) in the following priority order:
On the Free Application for Federal Student Aid (FAFSA), students are instructed to notify the Office of Financial Assistance if you or your family has unusual circumstances not reported on the FAFSA. Please complete a Special Circumstances Form indicating your circumstances and submit it to the Office of Financial Assistance with the required documentation.
For federal student aid purposes, you must provide parent information if you answer NO to ALL of the following questions. If you answer YES to ANY of the following questions, you do not have to provide parent information.
Not sure who counts as a "parent" on the FAFSA? See the instructions on the FAFSA or check out "Who is My Parent When I Fill Out the FAFSA? at http://www.studentaid.ed.gov/pubs.
last update 02/07/2012