{"id":50,"date":"2024-04-17T09:59:28","date_gmt":"2024-04-17T14:59:28","guid":{"rendered":"https:\/\/live-wsu.pantheonsite.io\/financial-aid\/keep-award\/"},"modified":"2024-07-01T10:11:31","modified_gmt":"2024-07-01T15:11:31","slug":"keep-award","status":"publish","type":"page","link":"https:\/\/www.winona.edu\/financial-aid\/keep-award\/","title":{"rendered":"Keep Your Aid Award"},"content":{"rendered":"\n<div class=\"hero\">\n    <div class=\"hero__wrap\">\n        <div class=\"hero__media\">\n                        <picture>\n                <img decoding=\"async\" src=\"https:\/\/www.winona.edu\/financial-aid\/wp-content\/uploads\/sites\/5\/2022\/11\/WSU-Purple-Banners-2021-10-12_104951.jpg\" alt=\"placeholder\">\n            <\/picture>\n                     \n                    <\/div>\n        <div class=\"hero__container\">\n                        <div class=\"hero__content\">\n                <div class=\"hero__text\">\n                                        <h1 class=\"hero__title\" data-animation=\"fade-in-up\" data-animate=\"true\">Keep Your Aid Award<\/h1>                    <div class=\"hero__description\" data-animation=\"fade-in-up\" data-animate=\"true\">\n                        <p>To continue receiving WSU financial aid, you&#8217;ll need to submit the applications each year and meet certain eligibility requirements.<\/p>\n                    <\/div>\n                    \n                <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n    <\/div>\n\n\n\n\n    \n<div id=\"\" class=\"panel panel--relative panel--white\">\n    <div class=\"panel__container\">                <div class=\"panel__main\">\n            \n\n<p>Financial aid is awarded for one year at a time. This means that you\u2019ll need to submit a new <a href=\"https:\/\/studentaid.gov\/fafsa-app\/roles\">Free Application for Federal Student Aid (FAFSA)<\/a> each year in October, get a new award letter, and accept another round of loans if you need them.<\/p>\n\n\n\n<p>You\u2019ll also need to apply for scholarships again\u2014unless they&#8217;re designated as renewable. If you\u2019ve met the expected criteria (such as maintaining a minimum GPA or academic progress), a renewable scholarship will automatically be reflected in your award letter. &nbsp;<\/p>\n\n\n\n<p>If you&#8217;re using <a href=\"https:\/\/www.winona.edu\/student-life\/support\/veterans-resources\/education-benefits\/\" target=\"_blank\" rel=\"noreferrer noopener\">veterans benefits<\/a>, you&#8217;ll need to apply for those benefits programs each year.<\/p>\n\n\n        <\/div>\n    <\/div><\/div>\n\n\n    \n<div id=\"\" class=\"panel panel--relative panel--purple\">\n    <div class=\"panel__container\">                    <div class=\"panel__header\">\n                <div class=\"panel__intro\">\n                                    <div id= \"satisfactory-academic-progress\" class=\"h2\">Satisfactory Academic Progress<\/div>\n                                                    <div class=\"panel__description panel__description--wide\">\n                        <p>Students must meet certain standards for Satisfactory Academic Progress (SAP) to receive financial aid.<\/p>\n                    <\/div>\n                                <\/div>\n            <\/div>\n                <div class=\"panel__main\">\n            \n\n<div class=\"wsu-block tabs\">\n\n    <div class=\"tabs-nav\">\n        <button class=\"tabs__toggle\" tabindex=\"0\" aria-expanded=\"false\" id=\"tabbed-1\">SAP Standards<\/button>\n<button class=\"tabs__toggle\" tabindex=\"0\" aria-expanded=\"false\" id=\"tabbed-2\">Evaluation<\/button>\n    <\/div>\n\n    <div class=\"tabs-content\">\n        <button class=\"tabs__mobile__toggle\">SAP Standards<\/button>\n<div class=\"tabs__content__item\" aria-hidden=\"true\"><div><p>The SAP standards include:<\/p>\n<ul>\n<li>Cumulative grade point average<\/li>\n<li>Percentage of credits completed<\/li>\n<li>Maximum time frame<\/li>\n<\/ul>\n<p>These standards help ensure that state and federal funds are successfully supporting students to achieve their degrees.<\/p>\n<\/div><\/div>\n<button class=\"tabs__mobile__toggle\">Evaluation<\/button>\n<div class=\"tabs__content__item\" aria-hidden=\"true\"><div><p>Financial Aid Satisfactory Academic Progress is evaluated at the end of each semester, including the summer term.<\/p>\n<p>Whether you meet these requirements will determine your eligibility for aid the next semester.<\/p>\n<p>Review the official policy for <a href=\"https:\/\/www.winona.edu\/wp-content\/uploads\/2024\/04\/WSU-Satisfactory-Academic-Progress-Policy.pdf\" target=\"_blank\" rel=\"noopener\">Satisfactory Academic Progress<\/a> (PDF).<\/p>\n<p>If you need it, here&#8217;s a quick link to the <a href=\"https:\/\/warriorspace.winona.edu\/ProcessDirector\/form.aspx?pid=cbc76cfa-e332-489a-a868-237dcf390893&amp;formid=33f20d9c-34f3-41fc-b32d-86c564a23973&amp;nohome=0&amp;completepageprompt=0&amp;completepage=&amp;completetext=\">Financial Aid Suspension Appeal Form<\/a>.<\/p>\n<\/div><\/div>\n    <\/div>\n\n<\/div>\n\n        <\/div>\n    <\/div><\/div>\n\n\n    \n<div id=\"\" class=\"panel panel--relative panel--white\">\n    <div class=\"panel__container\">                    <div class=\"panel__header\">\n                <div class=\"panel__intro\">\n                                    <div id= \"withdrawing-from-classes-&amp;-financial-aid\" class=\"h2\">Withdrawing from Classes &amp; Financial Aid<\/div>\n                                                    <div class=\"panel__description\">\n                        <p>Dropping or withdrawing from classes can affect your financial aid. You need to consider all the factors carefully before you make a decision.<\/p>\n                    <\/div>\n                                <\/div>\n            <\/div>\n                <div class=\"panel__main\">\n            \n\n<p>If you have any questions, stop by the Warrior Hub or call 507.457.5682 to discuss your personal situation before you <a href=\"https:\/\/www.winona.edu\/student-life\/support\/records-registration\/withdraw\/\">fully withdraw from WSU.<\/a><\/p>\n\n\n<div class=\"wsu-block accordion\">\n        <div class=\"accordion__item\" data-animation=\"fade-in-up\" data-animate=\"true\">\n        <button id=\"What_happens_to_my_financial_aid_if_I_drop_or_withdraw_from_all_my_classes?\" class=\"accordion__toggle\" title=\"What_happens_to_my_financial_aid_if_I_drop_or_withdraw_from_all_my_classes?\" aria-pressed=\"false\">\n            What happens to my financial aid if I drop or withdraw from all my classes?        <\/button>\n        <div class=\"accordion__content\">\n            <p>If you drop or withdraw from all your classes mid-semester, you may be required to repay some or all your financial aid.<\/p>\n<p>This will depend on the date when you withdraw. See the withdrawal deadlines in <a title=\"WSU Refund Policy\" href=\"https:\/\/www.winona.edu\/student-accounts\/billing-policies-procedures\/\" target=\"_self\">WSU\u2019s refund policy<\/a> for more information.<\/p>\n        <\/div>\n    <\/div>\n    <div class=\"accordion__item\" data-animation=\"fade-in-up\" data-animate=\"true\">\n        <button id=\"Can_I_get_my_aid_back_if_I_return_to_WSU_next_semester?\" class=\"accordion__toggle\" title=\"Can_I_get_my_aid_back_if_I_return_to_WSU_next_semester?\" aria-pressed=\"false\">\n            Can I get my aid back if I return to WSU next semester?        <\/button>\n        <div class=\"accordion__content\">\n            <p>You can still receive financial aid that you\u2019ve been awarded for next semester if you meet Satisfactory Academic Progress (SAP) standards.<\/p>\n<p>Likewise, you can apply for financial aid again for the next academic year if you meet these standards.<\/p>\n        <\/div>\n    <\/div>\n    <div class=\"accordion__item\" data-animation=\"fade-in-up\" data-animate=\"true\">\n        <button id=\"How_do_I_know_when_to_start_paying_back_my_student_loans?\" class=\"accordion__toggle\" title=\"How_do_I_know_when_to_start_paying_back_my_student_loans?\" aria-pressed=\"false\">\n            How do I know when to start paying back my student loans?        <\/button>\n        <div class=\"accordion__content\">\n            <p>The due date and amount of your first loan payment will depend on the type of loan. Check with your lender or review the terms of your promissory notes to see when you must start repaying your loan.<\/p>\n<p>For example, Federal Direct Loans go into repayment status 6 months after you withdraw or cease being a half-time student. WSU will send you a notice with instructions to complete online exit counseling, which will provide you with details of your rights, responsibilities, and next steps.<\/p>\n<p>WSU does forward enrollment information to a national clearinghouse used by lenders to track when students should go into repayment.<\/p>\n<p>However, you&#8217;re also supposed to notify your lender of your change in enrollment, so you can learn about your repayment status.<\/p>\n        <\/div>\n    <\/div>\n    <div class=\"accordion__item\" data-animation=\"fade-in-up\" data-animate=\"true\">\n        <button id=\"How_do_I_switch_my_financial_aid_to_my_new_school_if_I&#039;m_transferring?\" class=\"accordion__toggle\" title=\"How_do_I_switch_my_financial_aid_to_my_new_school_if_I&#039;m_transferring?\" aria-pressed=\"false\">\n            How do I switch my financial aid to my new school if I&#039;m transferring?        <\/button>\n        <div class=\"accordion__content\">\n            <p>Your new school needs to receive your Free Application for Federal Student Aid (FAFSA). This will allow their financial aid team to evaluate your eligibility for aid and award you as a transfer student at that school.<\/p>\n<p>If you filed your FAFSA online, you can <a title=\"How to request an additional school\" href=\"https:\/\/studentaid.gov\/help-center\/answers\/article\/how-to-add-college-or-career-school-to-fafsa\" target=\"_blank\" rel=\"noopener\">request an additional school<\/a> to receive your FAFSA through your online account.<\/p>\n<p>You can also call 1.800.433.3243 to make a request.<\/p>\n        <\/div>\n    <\/div>\n<\/div>\n\n\n        <\/div>\n    <\/div><\/div>\n\n\n<div class=\"feature-cta-block feature-cta-block__100 feature-cta-block--fullwidth\" style=\"background-image: url('https:\/\/www.winona.edu\/financial-aid\/wp-content\/uploads\/sites\/5\/2022\/08\/WSU_2019-02-21_140500.jpg')\">\n    <div class=\"feature-cta-block__content\">\n        <div class=\"feature-cta-block__title\" data-animation=\"fade-in-up\" data-animate=\"true\">\n            Contact Us        <\/div>\n        <div class=\"feature-cta-block__description\" data-animation=\"fade-in-up\" data-animate=\"true\">\n            <p>Need help figuring out the financial aid process? Have questions about your award letter or how aid money is distributed? <\/p>\n<p>Financial aid counselors are available to help you understand how you can fund your college education. <\/p>\n        <\/div>\n        <div class=\"button-row\">\n            \n<a href=\"mailto:financialaid@winona.edu\" class=\"wsu-link cta-button cta-button--external cta-button--lime cta-button--\" data-animation=\"fade-in-up\" data-animate=\"true\" >\n    <span>Email WSU Financial Aid<\/span>\n<\/a>\n\n<a href=\"tel:507-457-5090\" class=\"wsu-link cta-button cta-button--external cta-button--lime cta-button--\" data-animation=\"fade-in-up\" data-animate=\"true\" >\n    <span>Call WSU Financial Aid<\/span>\n<\/a>\n\n        <\/div>\n    <\/div>\n    <\/div>\n","protected":false},"excerpt":{"rendered":"<p>To keep receiving WSU financial aid, each year you&#8217;ll need to complete the FAFSA, apply for scholarships, get a new award letter, and accept any loans.<\/p>\n","protected":false},"author":12,"featured_media":371,"parent":0,"menu_order":4,"comment_status":"closed","ping_status":"closed","template":"template-full-width.php","meta":{"_acf_changed":false,"footnotes":""},"categories":[12],"tags":[],"class_list":["post-50","page","type-page","status-publish","has-post-thumbnail","hentry","category-financial-aid"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.winona.edu\/financial-aid\/wp-json\/wp\/v2\/pages\/50","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.winona.edu\/financial-aid\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.winona.edu\/financial-aid\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.winona.edu\/financial-aid\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.winona.edu\/financial-aid\/wp-json\/wp\/v2\/comments?post=50"}],"version-history":[{"count":23,"href":"https:\/\/www.winona.edu\/financial-aid\/wp-json\/wp\/v2\/pages\/50\/revisions"}],"predecessor-version":[{"id":775,"href":"https:\/\/www.winona.edu\/financial-aid\/wp-json\/wp\/v2\/pages\/50\/revisions\/775"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.winona.edu\/financial-aid\/wp-json\/wp\/v2\/media\/371"}],"wp:attachment":[{"href":"https:\/\/www.winona.edu\/financial-aid\/wp-json\/wp\/v2\/media?parent=50"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.winona.edu\/financial-aid\/wp-json\/wp\/v2\/categories?post=50"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.winona.edu\/financial-aid\/wp-json\/wp\/v2\/tags?post=50"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}