Financial Aid Resources - AWS

Financial Aid Resources

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*Full schedule on cfwv.com
*FAFSA Q&A – call 304-558-4619

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Extended Hours for Questions
• November 12                      • February 25
• January 21                       • March 8
• February 9                       • March 22
• February 23                      • April 12

Extended hours from 5pm-7pm
Always available 8am-5pm M-F       Call 304-558-4619

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Future Webinars
• November 5 – FA 101                • February 3 – PROMISE
• December 3 – Renewals              • February 18 – STEM
• January 5 – Underwood-Smith        • April 6 – WV Grant
• January 12 – FA 101                • April 8 – Invests
• February 1 – FA 101                • April 29 – Junior FA 101

https://wvcolleges.zoom.us/j/92362823232

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www.cfwv.com

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www.cfwv.com

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www.thesocialpresskit.com/cfwv

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www.thesocialpresskit.com/cfwv

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www.thesocialpresskit.com/cfwv

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www.thesocialpresskit.com/cfwv

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www.thesocialpresskit.com/cfwv

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Remote Assistance
                     • Student needs assistance we
                       can help them remotely, just
                       contact us to set up a time
                       where they can share their
                       computer screen and we can
                       help them with their FAFSA or
                       financial aid application

                     • Call 304-558-4618 for an
                       appointment
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Eligibility Requirements
    • Applicants must meet all requirements to
      qualify
    • All information related to PROMISE on
      CFWV.com/promise

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Application Requirements
• 2021-2022 Free Application for Federal Student Aid (FAFSA)
  must be filed by March 1, 2021 at www.fafsa.gov
• PROMISE Scholarship application must be completed on-line
  by March 1, 2021 at www.cfwv.com/promise
• Students who miss the deadline, can still apply and will be
  considered for a spring award. Awards are contingent upon
  funding.
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GPA Requirements
• 3.0 Overall GPA
• 3.0 Core GPA (Includes only English, math, science, and history coursework)
    • Updated Core Course List on CFWV under Core Course Requirements

    • Qualify with 6th or 7th semester grades but must maintain eligible GPA through final
      semester

• Grades are automatically received for public high school students through
  grade file submission (PRM.DTA file)
    • Exception: Early graduates may need to send a grade report form and final transcript

    • Private high school/ Homeschool / Eligible Commuters/ Military Dependents/ Members
      of Armed Services must submit a grade report form and transcript.
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Test Score Requirement
• ACT OR SAT
   • 22 ACT Composite with a minimum 20 in each subject area
   • 1100 SAT Total Score with minimum of 530 EBRW and 520 Math
   • Must qualify on one test sitting. No Super scoring!

• Final Test Dates to Qualify
   • July 2021 ACT
   • August 2021 SAT
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Additional Eligibility Requirements
• Must graduate from a WV high school (public/private or
  homeschool) and complete half of the requirements for
  graduation at a WV High School
• Must complete the Core Course Requirements for graduation
   • Confirmed on the Grade File (PRM.DTA report)

• Must be a West Virginia Resident at least 12 months before
  application deadline.
   • Exception made for Military Dependents and Eligible Commuters
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Additional Eligibility Requirements
• Must apply within two years of high school graduation,
  additional time for those in U.S. Armed forces
• Only full-time first-year students may receive an initial award.
  Students already enrolled at a higher education institution are
  not eligible to apply.
• Option pathway students must qualify with GPA and TASC
  scores
   • Must meet all other requirements to qualify, including GPA and test
     score.                          21

Application
• Apply, Edit, or Check the status of your PROMISE
  Scholarship application on the WVSAM system
• Students need to ensure they use the correct SSN
• Students will create a username (email), password, and
  security question. Then they will complete the PROMISE
  application
• Applicant gets a confirmation page once the application is
  complete. Also emailed.

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Coming Soon…
• Revamped WVSAM
• Check cfwv.com/promise and email for updates

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PROMISE Award
• Awards Cover Tuition and Mandatory Fees at eligible
  institution up to $4,750 per year.
• Limit of 4 semesters towards and Associate’s degree program
• Limit of 8 semester towards a Bachelor’s degree program
• Community service is highly encouraged.
• Students have 6 years after being awarded to utilize their
  PROMISE eligibility (military service
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                                        exception)

PROMISE Award
• Cannot be used outside WV.
• Can attend out-of-state for up to 1 year and come back and
  regain PROMISE if meets eligibility requirements.
   • Must apply to be eligible

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PROMISE Renewal Requirements
• Maintains a 2.75 cumulative grade point average on a 4.0 scale the
  first year and a 3.0 cumulative grade point average in subsequent
  years.
   • Cumulative gpa includes all college level courses a student has taken

• Earns a minimum of 30 credit hours in an academic year for a
  student who receives a two-semester award in an academic year.
   • If a student receives a single-semester award, the student must complete
     and earn a minimum of 15 credit hours in the academic year.

• Academic year = fall, following spring, and following summer terms
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Counselors Role:
• Help students file application and FAFSA by March 1, 2021
   • Check FAMS for applicants by February 14

• Grade File Submission (PRM.DTA report)
   • 7th grade file is due February 14

   • 8th grade file is with End of May/Early June

• Review FAMS for errors
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Who determines eligibility for PROMISE?
• The West Virginia Higher Education Policy Commission
  determines eligibility
   • Not College
      • May estimate eligibility based on scores

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PROMISE Scholarship Questions?

       Website: Cfwv.com/promise

          Phone: 304-558-4618

      Email: PROMISE@wvhepc.edu

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Division of Financial Aid
      West Virginia Higher Education Policy Commission
1018 Kanawha Boulevard East, Suite 700, Charleston, WV 25301
        (304) 558-4618• wvfinancialaid@wvhepc.edu
                       www.wvhepc.edu

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