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402.1 Eligibility for Financial Aid

Date Adopted: 8/26/1988
Date Revised: 1/24/2005
Date Last Reviewed: 01/16/2024
References: UMW Financial Aid Policies and Procedures Manual
Issuing Office: Administration and Finance
Approved By: Vice Chancellor for Administration and Finance

  1. Policy

    The University of Montana Western will follow all applicable Institutional, State and Federal policies with regard to determining eligibility for financial aid.

  2. Purpose

    The purpose of this policy to establish eligibility for student financial aid.

  3. Procedures

    Eligibility for financial aid is based upon completion of the Free Application for Federal Student Aid (FAFSA) and a subsequent needs analysis process that assesses student and parent contributions and the cost of education at UMW. The cost of education is determined by the Financial Aid Office and includes the costs of tuition, fees, books, living expenses, and personal expenses.

    Eligibility may vary from year to year or within an academic year. Students receiving financial aid must notify the UMW Financial Aid Office of any change in their personal financial situation and any educational resources to maintain eligibility.

  4. Authority

    Federal regulations based on the Higher Education Act of 1965, Reauthorization in 2008, cited in Section 1 of the UMW Financial Aid Policy and Procedures Manual.

  5. Responsibility

    Vice Chancellor for Administration and Finance, Director of Financial Aid