Financial Aid

Applying for Financial Aid for New Undergraduate Students

A  2016-2017 FAFSA and  2016-2017 CSS Profile are required to apply for financial aid for all new undergraduate students including transfer students. Please visit  the Office of Student Financial Assistance's website for a complete list of requirements including deadlines.  Please note that students should monitor their Eligibility Requirements Screen in their GWeb to see if any other verification documents may be required to process their financial aid.

Applying for Financial Aid for Continuing Undergraduate Students

A 2016-2017 FAFSA is required to apply for financial aid for all continuing students. The FAFSA can be completed at fafsa.gov. The priority deadline for application is April 30, 2016. Please note that students should monitor their Eligibility Requirements Screen in their GWeb to see if any other verification documents may be required to process their financial aid.

Applying for Financial Aid for Graduate Students

A FAFSA and a Graduate Loan Questionnaire (2015-2016 Loan Questionnaire or 2016-2017 Loan Questionnaire) are required for all graduate students applying for federal aid. The FAFSA can be completed at fafsa.gov. A Loan Questionnaire is required for all graduate students applying for a Private Alternative Loan.  Please visit Colonial Central's website for a complete Graduate Student Checklist.

Click here for the 2016-2017 Graduate Cost of Attendance Calculator to determine maximum loan eligibility.

Pending Financial Aid

Financial aid that has been awarded but has not yet been credited to the student account is indicated on the Student Account eBill statement as pending aid prior to the start of the term. Pending aid can include university scholarships, federal or private loans, and university or federal grants. Pending aid allows students to view and pay the amount due for each semester less the amount expected in aid. In cases where the amount of pending aid is equal to or greater than the total amount charged for that semester, no payment is required by the student.

When aid is applied to the student account, pending aid is reduced. Pending aid is typically applied to accounts on the first day of the semester.* If the aid has not been applied to the account by the end of the add/drop period, the pending aid is removed from both the statement and the eBill activity. If this occurs, please review the status of your financial aid package and/or requirements in GWeb.

When pending aid is removed after the add/drop period, the amount due on your student account increases by the amount of the aid removed. This serves as a reminder to the student that it is their responsibility to either take the steps necessary to finalize their financial aid or to pay the outstanding amount due. Please view our sample bill to see how pending aid is displayed on the student account statement.

There are various factors that impact the processing and posting times of certain awards. We do not guarantee that all financial aid will be applied on the first day of the semester. Please verify the status of your financial aid award package and/or requirements in GWeb.

Outside Scholarships

Scholarships that are coming from a source other than the university are considered outside scholarships and are not included in the pending aid on the statement or eBill. They are applied to the account after receipt and processing.

Federal Work Study

The Federal Work Study Program is a federally-funded work program that allows students who qualify to earn money while working at a pre-approved organization: GW departments, local nonprofits, government agencies and community service employers.

Students qualify for work-study based on their eligibility for need-based assistance. Once awarded, students are able to earn up to the total amount of their annual award. The work-study award is typically paid to the student through a bi-weekly paycheck, however students may choose to have their earnings credited to their university account by completing the Title IV Authorization form which is available on our Forms & Resources page.

The amount of the student’s paycheck is based on the hours worked and their hourly pay rate. Once a student earns up to their annual work-study award they cannot continue to work unless their employer is able to retain them as a non-work-study employee.


 

Due Dates & Deadlines

May
22
Monday
11:59pm
August
28
Monday
11:59pm