J-625.3 Packaging Financial Aid Funds
| Authority | Vice President of Student Services/CSSO |
| Effective Date | March 27, 2019 |
| Revision Date | April 24, 2024 |
| Reviewed Date | |
| Related Policies | |
| Related Forms, Policies, Procedures, Statute |
34 Code of Federal Regulations §675.10, 676.10, 685.203, 690.62 20 U.S. Code § 1070b-2, 1091 42 U.S. Code §§ 1087–51-1087–58, 1096 |
All federal student aid (FSA) funds are awarded based on federal need analysis methodology. Wisconsin residents and non-residents are included in the same pool for packaging. Applicants are packaged assuming initial full-time enrollment for all academic years.
Funds are packaged in the following order:
Pell Grant.
Scholarships.
Federal Supplemental Educational Opportunity Grant (SEOG).
State Grants.
Federal Direct Subsidized Loan.
Federal Work Study (FWS).
Federal Direct Unsubsidized Loan.
Federal Direct Parent PLUS Loan.
Private Loans.