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Financial Aid News

Important Financial Aid Information for Fall 2011

1. Applications/Requests for financial aid received in August will be considered in date order after September 2^nd due to the volume of processing in August.
2. Check Financial Aid Information on STARS:
   • To see if information is needed to complete the review of your file.
   • To see your Financial Aid Award Letter.
   • To see if you need to sign a new Master Promissory Note online.
   • To see if you need to complete the Entrance Counseling online.
   • To see current financial aid awards. Awards may adjust nightly if your enrollment changes.
   • To cancel or revise any of your loans. Revisions may take up to 10 business days to process and may delay your loan disbursement if requested after August 1st.
3. Check B/R Account Detail on STARS for information from the Billings Office:
   • To confirm when aid has been credited to your university account. Aid may also adjust nightly if your tuition and fees change.
   • To confirm when a refund disbursement has been initiated. Allow 2 business days for direct deposit to personal account.
4. Important dates:
   • August 5^th – Billings Office emails the first university bill for Fall. Loans will not show as a credit on this bill.
   • August 12^th - per federal regulations, the earliest that loan funds can be applied to your university account. Please be aware that many loans must be manually reviewed which will delay that release. You will see the credit apply on B/R Account Detail on STARS.
   • August 19^th – first date for direct deposit of refunds from Billings if you have more aid than allowable costs.
5. See information about the new Financial Aid Policy for Repeated Courses beginning Fall 2011 online.
6. See information about the new Financial Aid Satisfactory Academic Progress Policy beginning Fall 2011 online.
7. Talent/Athletic awards are credited as soon as notification is received from the department. If your award is not credited, you may contact the awarding department.
8. Illinois National Guard and Illinois Veteran grants are credited as soon as the information is provided by ISAC. If your award does not appear on your account, you may contact ISAC, 1-800-899-4722.
9. The WIU Foundation Office applies outside scholarships to the billing account as they are received. If you have a check from an outside scholarship, take it to the WIU Foundation Office in Sherman Hall 303.
10. All 2011-12 Federal Work-Study funds have been awarded.