Financial Aid
                  Scholarships & Grants FAQ
How does your outside scholarship policy work?
Notification of all scholarships received from outside sources are to be sent to the
                     financial aid office and will be counted as part of your financial aid package. Any
                     IWU scholarships and grants you may have been awarded will not be affected unless
                     the total of your scholarships exceed your demonstrated need and tuition and fees.
                     Outside scholarship monies will be used to reduce any unmet need you may have. Once
                     unmet need has been met, the scholarships will be used to reduce loans first and student
                     employment last.
                  
                  How does the Study Abroad policy work and will my financial aid transfer?
The Study Abroad Office maintains a web site that discusses Study Abroad Policies
                     and information regarding Financial Aid, costs and scholarships. Please visit their
                     site at the: International Office for more complete information.
                  
                  I have seen information about a Jennings Scholarship for non-Music majors. Can you tell me more about this?
The School of Music offers a scholarship to students who are interested in Music but
                     who are not intending to make it their major. Please refer to www.iwu.edu/music/admissions/ for more information on how to audition for a Jennings Scholarship. If you are chosen
                     to receive a Jennings Scholarship you and your ensemble director will be required
                     to sign a verification form indicating that you are participating. This form is required
                     every semester to maintain the scholarship. If you choose not to participate in any
                     part of the program, the scholarship is lost for the remainder of your semesters at
                     IWU.
                  
                  How many units do I need to take to be considered full-time for financial aid purposes?
For all institutional and federal student aid you are required to be enrolled in at
                     least 3 units per semester. For the State of Illinois Monetary Award Program (MAP)
                     Grant you are required to be enrolled in at least 3.75 units each semester.
                  
                  Where can I search for private scholarships?
While there are many options,  is one of the leading free scholarship services.
                  
                  Do I need to apply for my IWU grant each year?
You do need to apply for financial aid each year in order to receive your grant from
                     IWU. This is a need-based grant and the amount of the grant can change from year to
                     year based on the financial situation of your family.
                  
                  Are IWU Alumni Scholarships ever reevaluated? If I maintain a high GPA could my scholarship be increased?
When a student applies to IWU, the Admissions Office determines if the student is
                     eligible for a Merit-based scholarship and in what amount based on high school GPA
                     and results from the SAT or ACT. This amount is not adjusted from year to year and
                     cannot be reevaluated. The IWU Alumni Scholarship is guaranteed each year as long
                     as a 3.0 or above GPA is maintained.
                  
                  As a Veteran of Armed Services, what are my financial aid options?
If you served on Active Duty, you might be eligible for education benefits offered
                     by the Department of Veterans Affairs. For example, the Post-9/11 GI Bill® provided
                     financial support for educational and housing expenses to individuals with at least
                     90 days of aggregate service after September 10, 2001, or individuals discharged with
                     a service-connected disability after 30 days.  You must have received an honorable
                     discharge to be eligible for the Post-9/11 GI Bill®.
If you are currently serving in the military, you may be eligible for funding offered through the Department of Defense Tuition Assistance program. Check your eligibility status and the amount for which you qualify with your Service prior to enrolling.
If you are the spouse or child of a service member who is serving on active duty Title 10 orders in the paygrades of E1-E5, O1-O2, or W1-W2, you may be eligible for financial assistance from the Department of Defense for education, training, and/or the occupational license and credentials necessary for a portable career.
If you are the spouse or child of a service member, you may be eligible for transfer of the service member's Post-9/11 GI Bill® benefits to you.
                  
                  If you are currently serving in the military, you may be eligible for funding offered through the Department of Defense Tuition Assistance program. Check your eligibility status and the amount for which you qualify with your Service prior to enrolling.
If you are the spouse or child of a service member who is serving on active duty Title 10 orders in the paygrades of E1-E5, O1-O2, or W1-W2, you may be eligible for financial assistance from the Department of Defense for education, training, and/or the occupational license and credentials necessary for a portable career.
If you are the spouse or child of a service member, you may be eligible for transfer of the service member's Post-9/11 GI Bill® benefits to you.
GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA).
                     More information about education benefits offered by VA is available at the official
                     U.S. government Web site at .
                  
                  If I am eligible for U.S. Department of Veterans Affairs (VA) Post 9/11 G.I. Bill® (Ch. 33) or Vocational Rehabilitation and Employment (Ch. 31) benefits will I have any penalties while the payment from the United States Department of Veterans Affairs is pending?
IWU will not: prevent enrollment; assess a late penalty fee, require additional funding
                     to cover this pending payment, deny access to any resources (access to classes, libraries,
                     or other institutional facilities) available to other students who have satisfied
                     their tuition and fee bills to the institution. However, to qualify for this provision
                     an eligible student must provide the VA’s Certificate of Eligibility by the first
                     day (a month in advance would be preferred) of class to the financial aid office,provide
                     a written request to be certified;and provide any other information needed to certify
                     your enrollment.
                  
                  GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA).
                     More information about education benefits offered by VA is available at the official
                     U.S. government Web site at .
                  
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Andrew Reddington - Director of Financial Aid
Department - Financial Aid