Financial Assistance

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Graduate and Professional Students

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General Information Master's and Doctoral Students
Pharmacy Students Optometry Students

General Information

Financial assistance is available for students enrolling in UIW graduate, doctoral and professional (optometry and pharmacy) programs.

Graduate and professional students should complete the FAFSA and any other documentation required by the OFA.  All students awarded at UIW are packaged financial aid up to their total Cost of Attendance.  The cost of attendance will include a budget for tuition, fees, books, room, board, transportation, and personal expenses.  Students may accept a portion of their aid (for example just to cover the direct costs of their tuition, fees and books).  In addition, students may also accept part of their aid and make payment arrangements with the UIW Business Office for the balance.

Important Update for Graduate and Professional Students

The Budget Control Act (BCA) of 2011 (Public Law 112-25) was signed into law on August 2, 2011. This law eliminates the eligibility for Subsidized Direct Loans for Graduate and Professional Students:

Effective for loans made for periods of enrollment (loan periods) beginning on or after July 1, 2012, graduate and professional students are no longer eligible to receive Direct Subsidized Loans. Direct Subsidized Loans received by any student for loan periods beginning before July 1, 2012, for either graduate or undergraduate study, are not affected by this change. (Source: Dear Colleague Letter GEN-11-26, http://www.ifap.ed.gov/dpcletters/attachments/GEN1116.pdf)

Due to these changes, individual students will be reviewed on a case-by-case basis for enrollment and file completion. If the review determines that that the student's file is complete, and enrollment would allow a loan period and disbursement before July 1, 2012, the student's award will be revised to include the Subsidized Stafford Loan, if eligible. Students whose files are incomplete, or whose enrollment is not at least half-time before July 1, 2012, will not be eligible for Subsidized Direct Loan funds.

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Students Enrolling in Master's Programs (main campus, ADCaP and UIW Online students):

Programs for master's students include:

  • Direct Unsubsidized Loans – must be enrolled at least half-time (at least 4 graduate credit hours in any semester, including summer; graduate students enrolled in terms of eight weeks or less will not receive disbursements from Direct Unsubsidized Loans until they attend half-time for the overall semester - for example, students taking 3 graduate hours in Term 1 and 3 graduate hours in Term 2 would not receive funds until term 2 begins)*
  • Grad PLUS Loan - must be a citizen or registered non-citizen and enrolled in an eligible post secondary program at least half time
  • Work-Study Program – must demonstrate need; must be enrolled at least half-time
  • Endowed Scholarships:  Students must apply for endowed scholarships, have a GPA of 3.6 at time of application, be enrolled full-time (9 graduate credit hours), and maintain a cumulative GPA of 3.0 if awarded a scholarship and
  • Outside Scholarships – must meet the requirements set by the individual sponsors of the outside scholarship programs.

*Graduate students enrolled in a combination of graduate and undergraduate courses must enroll in at least 4 hours at the graduate level in order to receive financial aid.  Students taking undergraduate coursework required as a pre-requisite for graduate school may receive federal loans under their undergraduate limits, provided undergraduate aggregate limits have not been exceeded.

Important Notes for Graduate Students:

  • Graduate students are not eligible for UIW Academic Scholarships or grants (including federal, state and institutional grants). 
  • All financial aid disbursed by UIW will be used for educational purposes only, within the defined cost of attendance for the period of enrollment.
  • Graduate student loans are certified in 8 week term periods.  Students enrolled in these programs who will not enroll in the second Fall or Spring terms may request that the OFA review their eligibility to accelerate their second disbursement (as long as minimum enrollment requirements are met).
  • Main campus students are not automatically awarded funding for summer.  Main campus students needing funds for the summer session are required to notify the OFA of their intent to use financial aid for summer by completing a Summer Application every year.
  • Graduate students must demonstrate satisfactory academic progress (SAP) in order to maintain eligibility for federal financial aid.  Graduate students must maintain a 3.0 cumulative GPA and successfully complete 75% of all attempted coursework, including all coursework taken at UIW and transferred from another college.
  • Graduate students who have received aid (including federal loans) and withdraw (or have registration cancelled) may be subject to returning a portin of those funds to their source.  Students withdrawing or dropping courses prior to loan proceeds posting to their account may not be eligible for those funds.
  • Dropping individual courses may affect aid eligibility.  Please contact our office prior to dropping courses to verify how the change may impact your aid.
  • Financial assistance awards may be adjusted if any reported FAFSA information changes, or if the student receives outside assistance (i.e. Resident Assistant, Graduate Assistant, discounts, outside scholarships, waivers, employer paid tuition, outside scholarships, etc.).  Students must notify our office of any outside resources not awarded through our office.

Students graduating from UIW with a bachelor’s degree are eligible for a 25% discount on the first 6 hours of graduate coursework.  Students enrolled in professional programs (Optometry and Pharmacy) and Doctoral students are not eligible for this discount.

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Students Enrolling in Doctoral Programs

Programs for master's and doctoral students include:

  • Direct Unsubsidized Loans – must be enrolled at least half-time (at least 3 graduate credit hours in any semester, including summer)*
  • Grad PLUS Loan - must be a citizen or registered non-citizen and enrolled in an eligible post secondary program at least half time
  • Work-Study Program – must demonstrate need; must be enrolled at least half-time
  • Endowed Scholarships:  Students must apply for endowed scholarships, have a GPA of 3.6 at time of application, be enrolled full-time (6 graduate hours)*, and maintain a cumulative GPA of 3.0 if awarded a scholarship and
  • Outside Scholarships – must meet the requirements set by the individual sponsors of the outside scholarship programs.

*For students in dissertation, half-time is 1 credit hour and full-time is 3 credit hours.

Important Notes for Graduate Students:

  • Doctoral students are not eligible for UIW Academic Scholarships or grants (including federal, state and institutional grants). 
  • All financial aid disbursed by UIW will be used for educational purposes only, within the defined cost of attendance for the period of enrollment.
  • Main campus students are not automatically awarded funding for summer.  Main campus students needing funds for the summer session are required to notify the OFA of their intent to use financial aid for summer by completing a Summer Application every year.
  • Doctoral students must demonstrate satisfactory academic progress (SAP) in order to maintain eligibility for federal financial aid.  Doctoral students must maintain a 3.0 cumulative GPA and successfully complete 75% of all attempted coursework, including all coursework taken at UIW and transferred from another college.
  • Doctoral students who have received aid (including federal loans) and withdraw (or have registration cancelled) may be subject to returning a portin of those funds to their source.  Students withdrawing or dropping courses prior to loan proceeds posting to their account may not be eligible for those funds.
  • Dropping individual courses may affect aid eligibility.  Please contact our office prior to dropping courses to verify how the change may impact your aid.
  • Financial assistance awards may be adjusted if any reported FAFSA information changes, or if the student receives outside assistance (i.e. Resident Assistant, Graduate Assistant, discounts, outside scholarships, waivers, employer paid tuition, outside scholarships, etc.).  Students must notify our office of any outside resources not awarded through our office.

Students graduating from UIW with a bachelor’s degree are eligible for a 25% discount on the first 6 hours of graduate coursework.  Students enrolled in professional programs (Optometry and Pharmacy) and Doctoral students are not eligible for this discount.

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Students Enrolling in the UIW Optometry Program

Professional students are eligible to participate in the following programs:

  • Direct Unsubsidized Loans – must be enrolled at least half-time (at least 4 credit hours in any term or semester, including summer)
  • Grad PLUS Loan - must be a citizen or registered non-citizen and enrolled in an eligible post secondary program at least half time
  • Work-Study Program – must demonstrate need; must be enrolled at least half-time
  • Endowed Scholarships:  Students must apply for endowed scholarships, have a GPA of 3.6 at time of application, be enrolled full-time, and maintain a cumulative GPA of 3.0 if awarded a scholarship and
  • Outside Scholarships – must meet requirements of outside scholarship programs.

There are limits to the amount of funding you can borrow through the Federal Direct Loan Programs.  The total amount an optometry student can  borrow for an academic year is $40,500 through the Direct Loan program.  Additional loan options are available and include the Federal Graduate PLUS loan, the State College Access Loan and various private loan options (see our loan information page for more details).

For more information, please visit the financial aid page on the UIWSO site.

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Students Enrolling in the UIW Pharmacy Program

Professional students are eligible to participate in the following programs:

  • Direct Unsubsidized Loans – must be enrolled at least half-time (at least 4 credit hours in any term or semester, including summer)
  • Grad PLUS Loan - must be a citizen or registered non-citizen and enrolled in an eligible post secondary program at least half time
  • Work-Study Program – must demonstrate need; must be enrolled at least half-time
  • Endowed Scholarships:  Students must apply for endowed scholarships, have a GPA of 3.6 at time of application, be enrolled full-time, and maintain a cumulative GPA of 3.0 if awarded a scholarship and
  • Outside Scholarships – must meet requirements of outside scholarship programs.

There are limits to the amount of funding you can borrow through the Federal Direct Loan Programs.  The total amount a pharmacy student can  borrow for an academic year is $33,000 in Unsubsidized Loans.  Additional loan options are available and include the Federal Graduate PLUS loan, the State College Access Loan and various private loan options (see our loan information page for more details). 

Please notify the UIW Office of Financial Assistance if you decide to add, drop, or change courses to ensure that your courses are paid for with your financial aid!

 

Last update 03/06/2012

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