WEBVTT 00:00:00.000 --> 00:00:03.000 music 00:00:03.000 --> 00:00:04.000 After accepting your awards, 00:00:04.000 --> 00:00:06.000 you may need to complete additional requirements 00:00:06.000 --> 00:00:08.000 to maintain your financial aid. 00:00:08.000 --> 00:00:10.000 If you accepted loans, 00:00:10.000 --> 00:00:12.000 in the Documents & Messages area there are links 00:00:12.000 --> 00:00:15.000 to complete Entrance Loan Counseling and a Master Promissory Note. 00:00:15.000 --> 00:00:19.000 New students and first time loan borrowers must complete both. 00:00:19.000 --> 00:00:22.000 Incoming transfer students who have had federal loans at other schools 00:00:22.000 --> 00:00:24.000 must complete new Entrance Loan Counseling. 00:00:24.000 --> 00:00:27.000 Currently, Master Promissory Notes are valid for 10 years 00:00:27.000 --> 00:00:31.000 so you do not need to complete another one as long as yours has not expired. 00:00:31.000 --> 00:00:34.000 Continuing WOU students do not need to complete entrance loan counseling 00:00:34.000 --> 00:00:37.000 or a Master Promissory Note if they have already received 00:00:37.000 --> 00:00:40.000 federal loans from WOU in previous financial aid award years. 00:00:40.000 --> 00:00:42.000 If you are receiving grants, 00:00:42.000 --> 00:00:45.000 There are no additional requirements in order for you to receive the grant 00:00:45.000 --> 00:00:47.000 but if you enroll less than full-time 00:00:47.000 --> 00:00:50.000 your grants will be revised to match your enrollment level. 00:00:50.000 --> 00:00:54.000 For more information on federal and state grants visit our website. 00:00:54.000 --> 00:00:57.000 If you accepted institutional scholarships, 00:00:57.000 --> 00:00:60.000 for WOU general scholarship recipients the scholarship officer 00:01:00.000 --> 00:01:03.000 will initially send an email to notify you 00:01:03.000 --> 00:01:04.000 that you have been offered a scholarship 00:01:04.000 --> 00:01:07.000 That email includes instructions and a deadline 00:01:07.000 --> 00:01:10.000 to accept your scholarship in award management. 00:01:10.000 --> 00:01:14.000 For scholarships awarded by other departments such as admissions or athletics 00:01:14.000 --> 00:01:17.000 the awarding department will send a report to notify financial aid 00:01:17.000 --> 00:01:20.000 to include that award on your official award letter. 00:01:20.000 --> 00:01:23.000 After you are officially awarded you'll need to accept 00:01:23.000 --> 00:01:25.000 all funds though my finaid 00:01:25.000 --> 00:01:27.000 including institutional scholarships 00:01:27.000 --> 00:01:29.000 that you accepted in award management. 00:01:29.000 --> 00:01:33.000 Thanks for watching. We hope this helps you with the WOU financial aid process. 00:01:33.000 --> 00:01:35.000 music