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Financial Aid For Students Enrolled in Online Courses
Q: How does Financial Aid work for Online Courses?
A: The process is fairly simple. It starts with FAFSA.
Step 1: Log onto www.fafsa.ed.gov (FAFSA = Free Application for Federal Student Aid) to submit your FAFSA application
Q. How do I know for which Academic year, I should submit my FAFSA?
A. That depends on when you will begin KWU online classes.
When will your KWU Online Courses begin?
Submit the FAFSA for:
Summer Term 2016 (May 31, 2016)
2015-16 Academic Year
1 Deadlines: www.FAFSA.ed .gov will continue to accept your FAFSA through June 30th, but in order for Financial Aid to help you pay for your KWU OnLine Courses, you should submit your FAFSA as early as possible and weeks before your classes begin.
Step 2: Three Business Days later, check MyKWU > Documents Tracking.
Click on MyKWU on the black bar across the top of the KWU Home Page.
Log into your MyKWU.
(Hint: If you don’t remember your username and password; check the first email you received after you submitted your application.)
Step 3: Shortly after you submit the needed documents, we will prepare a financial aid award for you.
Your awards will be posted to your MyKWU > Student Financial Planning > Awards.
Q: How do I see my Student Financial Planning Awards?
A: Go to www.kwu.edu. Log onto your MyKWU as detailed above. Instead of going to Student Financial Planning Document Tracking….click on Financial Assistance Awards. The awards will be listed there. Follow the blue hypertext links to learn about each award program. Accept or Decline your Awards. Be careful to “complete this process.” Click on “Accept”, then “Next”, then “Submit”, then “Continue.”
Step 4: Estimated Remaining Balance?
Q: Will my financial aid pay all of my charges?
A: For most online students it does. For some students, there may even more. But not for everyone. Everyone's situation is unique.
Compare your estimated charges against your financial aid awards.
If your financial aid exceeds your charges, you may receive a refund OR you may reduce your loan to save money.
If your financial aid equals your charges, you will have NO out of pocket expense.
If your charges are greater than your financial aid awards, you will have a Remaining Balance.
If you have a Remaining Balance, a form will have been posted to your MyKWU>Student Financial Planning>Document Tracking called “Online Payment Selection Form”, or you can download the form here <link to Payment Selection Form- http://www.kwu.edu/future-students/tuition-fees/financial-aid/forms>. It will explain the payment options available from KWU. for Online Courses.
Complete and submit the "Online Payment Selection Form" to the Student Financial Planning Office at firstname.lastname@example.org or fax to 785-404-1485.
You may have other ideas in mind.
Contact Student Financial Planning if you have questions or want to discuss further.