​

​

​

​

Office of Student Financial Aid

​

​

​

WE ARE HERE TO HELP

Financial Aid Counselors are available in person, by phone, or by email to help you understand and navigate through the process of paying for college. ��You can get in contact with our financial aid counselors by calling �206-543-6101 during our phone service hours or visiting during our in-person advising hours. Please be sure to check our website for updated office hours as they do change throughout the summer.

APPLYING (APPLY EVERY YEAR) FOR FINANCIAL AID

​

The FAFSA or WASFA becomes available starting October 1^st:

• UW Title IV code for the FAFSA is 003798.
• Get your application in on time! UW priority submission date is February 28th.
• Remember to reapply every year.
• Check out our website www.finaid.uw.edu for more information about the application process.

Students who are eligible for federal student aid submit a FAFSA to be considered for federal, state, and institutional aid.

∙ Apply online at studentaid.gov

Students who are not eligible for federal student aid submit a WASFA to be considered for state and institutional aid.

∙ Apply online at https://wsac.wa.gov/wasfa

WHAT IS FINANCIAL AID?

Money provided to students and families to help pay for �educational expense.

​

• Types of Financial Aid (from Federal, State, and Institutional resources)
• Pell, SEOG (federal grants)
• Washington College Grant, College Bound Grant (Washington residents only)
• Institutional Grants (Washington residents only)
• Scholarships (need and merit)
• Work Study (work part-time — earn a paycheck and valuable work experience)
• Loans (need based and non-need based)

​

​

​

​

​

​

DETERMINING FINANCIAL AID ELIGIBILITY

​

COST OF ATTENDANCE

• Tuition
• Fees
• Housing
• Books
• Transportation
• Personal expenses

FINANCIAL

NEED

—

=

OTHER FINANCIAL ASSISTANCE

(OFA) Other resources such as scholarships, assistantships, private loans, etc. that are used to pay for college

—

Student Aid Index

(SAI) Federal formula that measures income and assets of the family to determine ability to pay for college

So, how much will it cost?

• All costs are ESTIMATED for students living away from parents/relatives. Budgets are based on student feedback, local housing rates, and inflation.
• Rent and Food: Rent and Utilities approximately $1,350 per month, Food approximately $695/month.�

Residency Classification

Residency policies at the University of Washington (UW) are set by the Washington legislature and applied uniformly throughout Washington colleges and universities. ��Please reference the relevant Revised Code of Washington and Washington Administrative Code.

• State Statute – RCW 28B.15.011-RCW 28B.15.015
• State Rules and Regulations – WAC 250-18-010 – WAC 250-18-06�

For specific information on how to obtain residency in Washington state, please visit the Residency website at https://registrar.washington.edu/students/residency/.

What happens after you apply?

• You may be asked at any time to submit documents or other information to be used in the review of your application and eligibility�
• Respond to any request as soon as possible. The review and disbursement of financial aid may be delayed until all requested documents are submitted and reviewed�
• Aid offers occur spring and summer. Initial offer notifications, as well as subsequent notifications are sent electronically �– Check UW email and MyUW frequently

​

• We may have a delay in reviewing your documents due to heavy workload volumes. We make every attempt to have the documents reviewed and aid ready by the start of autumn quarter.  Approximate processing and response timelines can be found on our website.

​

Check Out MyUW

• Your student can log in to the secure MyUW portal and go to �Student Personal Services section
• Students can see what documents we have requested, received and the status of that document (reviewed, pending, etc.)
• Students can see their award notice and accept/reject each aid type
• Students can see messages about the status of their promissory notes for loans, review their loan history
• Students can also sign up for direct deposit, sign information release forms, see their class schedules and tuition bill

Financial Aid Status on MyUW

Financial Aid Status on MyUW

Financial Aid Status on MyUW

Reporting Non-UW Scholarships

• Students will need to report other scholarships to our office�
• We will use the scholarships to reduce unmet need, then loans, then work study, then grants/UW scholarships

​

• Scholarship checks are sent to:

​

University of Washington, Scholarships

Box 24967

Seattle, WA 98124-1967

​

MyUW 2026-2027 Resources Review/Update

Work Study is a great way to help pay for your education while gaining invaluable experience by working part-time. By participating in the Work Study Program you will learn work skills that are transferable to future career paths. The Federal and State Work Study Programs give you the opportunity to work part-time while going to school.

​

• More information about Work Study can be found at https://www.washington.edu/workstudy/. Eligible students may start to look for work study positions in September.

​

• Other student employment options can be found at https://uw.joinhandshake.com/login

​

​

Work Study

Federal Direct Stafford Loans

• Student is the borrower

​

• Interest rate 6.52% (July 1, 2026– June 30, 2027)�
• Loan origination fee 1.057% (October 1, 2022 – September 30, 2026)

​

• Repayment begins 6 months after student drops below ½ time, leaves school or graduates

​

• Sign promissory note online at https://studentaid.gov

• Entrance counseling for first-time borrowers https://studentaid.gov

Subsidized vs. Unsubsidized

Subsidized Loan

• Need based
• Interest paid by government while student attending school ½ time or more

​

Unsubsidized Loan

• Non-need based
• Government does not pay interest
• Students have option of paying interest while attending school or have it added to the principal

​

Federal Direct PLUS Loan�- Parent Loan for Undergraduate Students

• Parent is the borrower�
• Non-need based

​

• Interest rate 9.07% (July 1, 2026 – June 30, 2027)�
• Loan origination fee 4.228% (October 1, 2020 – September 30, 2027)

​

• Repayment options:�
• Begins 60 days after the final loan disbursement for the period of   enrollment for which you borrowed�
• Make interest payments and defer principal until after the student is no longer enrolled, with 6 month grace period

​

• Complete PLUS Application and Promissory Note process at https://studentaid.gov,  then credit check will occur.  OSFA will be notified of the amount you will be borrowing.�
• Limited to annual limit of $20,000 and lifetime aggregate limit of $65,000.

​

• Funds electronically transferred to the student’s account unless parent indicates otherwise

Special Circumstances and �Revisions to Eligibility

• We can review changes in parent & student income

• We can review unusual expenses for the student and parent

​

• Unemployment, job layoffs, high medical expenses are typical but not the only adjustments we make

​

• See https://www.washington.edu/financialaid/ under the Forms section

Veterans Educational Benefits for Dependents

​

The Veterans Education Benefits Office (VEBO) will assist you in obtaining any veterans education benefits you have transferred to your student under the �Post-9/11 GI Bill (Ch.33)

​

Or,

Any benefits your student may be eligible to receive under the Survivors & Dependents Assistance program (Ch.35) and the Washington State 100% tuition waiver program.

�More information can be found at https://www.washington.edu/veterans/

VEBO staff can be reached by email at veteran@uw.edu or you may leave a phone message at (206) 543-6122 and an advisor will return your call.

• Generally, aid disbursement occurs at the start of the quarter�
• For autumn quarter 2026, aid disbursement begins on September 24.  The quarter starts on September 30.  Note: you will see tuition charges on your account at the end of August/early September.  �
• Students with direct deposit set up and completed paperwork should have funds sent to their bank account on September 24 and available 2-3 business days later.  Always confirm with the bank before spending the funds.�
• More info at https://www.washington.edu/financialaid/

Financial Aid Disbursement�

Payment

• Tuition due by the 3^rd Friday of each quarter
• UW Housing—due by the 3^rd Friday of each quarter
• Aid pays tuition and fees and housing charges on your student’s account
• Any unpaid UW Housing charges are directly billed by UW Housing after the third week of the quarter
• Remaining aid will be sent direct deposit or mailed to the student

​

529 Plans

• Educational savings plans, like 529 plans or Washington GET are sent to Student Fiscal Services

​

• Check with your plan’s administrator to set up the amounts you want to use and that your student attends the UW

​

• Funds will flow through the student account to pay UW charges

​

Satisfactory Academic Progress

• Students must maintain a sufficient progress toward the completion of their degree to continue to receive financial aid each year.

​

• A progress check is run at the end of each academic year.

​

• Pace of completion, Grade Point Average, and Total Attempted Credits (Maximum Time Frame).
• UW SAP Policy: https://www.washington.edu/financialaid/receiving-aid/satisfactory-academic-progress/#undergraduate

​

• Remember, a student’s financial aid record and account is their private information. In accordance with U.S. privacy laws, University offices cannot give out information to parents or any 3rd party without the student’s written permission – even if they are paying tuition for the student. �
• The online form can be found at https://sdb.admin.washington.edu/sisStudents/uwnetid/release.aspx.

​

Release of Information�

Contact Us

Financial Aid Counselors are available in person, by phone, or by email to help you understand and navigate through the process of paying for college. ��You can get in contact with our financial aid counselors by calling �206-543-6101 during our phone service hours or visiting during our in-person advising hours. Please be sure to check our website for updated office hours as they do change throughout the summer.