Welcome

The Office of Student Financial Aid assists students whose personal and family resources are not adequate to cover the costs involved in attending UW-Madison by:

  • Processing financial aid forms to determine eligibility for grants, loans, and work-study employment
  • Advising students regarding financial aid and money management
  • Providing information on part-time employment, both on- and off-campus
  • Offering assistance in obtaining information about scholarships

Office hours are 7:45 am until 4:30 pm (Central Time) Monday through Friday.

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August Reminders:

  • Financial aid cannot disburse until about 10 days before classes begin for the fall semester. Financial aid will disburse directly to the tuition account.  Tuition bills are generated and sent out a few days after financial aid disburses so that your bill will either show a $0 balance or what remaining amount is still due.  Tuition for the fall semester is due in full by Friday, September 23rd.
  • Financial aid in excess of tuition will be sent to the student in the form of a refund.  We strongly encourage students to sign up for the eRefund so their funds can be directly deposited into a bank account - otherwise, a paper check will be printed and mailed.  Details on how to set up an eRefund account in the Student Center can be found online - Sign up for eRefund!
  • If you are a FIRST TIME borrower of a federal student loan (subsidized or unsubsidized), make sure that you've completed both your Entrance Counseling and Master Promissory Note (MPN) - both can be submitted online www.studentloans.gov and must be done before disbursement can happen.

 

New Scam Phone Call Warnings for College Students!

The IRS has issued a warning about bogus phone calls made by people impersonating the IRS.

The FBI has issued a warning about bogus phone calls from people impersonating FBI and threatening to arrest them if they don't pay thousands of dollars.

Remember that the IRS and the FBI DO NOT call people demanding the immediate payment of bills over the phone.  So you should not give them personal information over the phone.  If you receive one of these calls the IRS and the FBI ask that you contact them.

 

New Financial Aid Payment Options Email 

On May 4 the Office of Student Financial Aid sent out an email message to students that many of you have had questions about. For more information about the new options available to use your financial aid to pay your bill click here.

 

Graduating with student loans? We can help!

Financial aid has many resources available to help you repay your loans.  For more information click here.

 

 

What's the FSA ID?

Beginning in May 2015 - the U.S. Department of Education (ED) replaced the PIN with the FSA ID to access certain federal websites including www.fafsa.gov.  The username and password system is the electronic equivalent of your signature.

  • Anyone who will be submitting the 2016-2017 FAFSA (whether you are a new filer or a continuing student) will need to have an FSA ID and password in place.
  • Have questions or need help with the process?  Take a look at some great online resources:

          ED Blog - The FSA ID: Your First Step to Getting Financial Aid for College

          What's an FSA ID and Why do I Need One?

          The FSA ID Is Your Electronic Passport to Federal Student Aid Online

Charging Fees for Financial Aid

Did you or your parent receive a letter asking you to pay a processing fee to assist with your financial aid application?  We suggest that you read the fine print and understand who is offering these services and what they will be charging before agreeing to pay for their services. 

Please be aware that students should NEVER pay a fee to access federal, state, or university financial aid at UW-Madison. The FREE Application for Federal Student Aid (FAFSA®) is just that – FREE!

Some mailings may look official and often use a seal or other indication that they are associated with UW-Madison or the U.S. Department of Education but are not.  Please contact our office if you have any concerns about any solicitation or mailing you receive regarding financial aid.

"Prior-Prior Year" FAFSA

On September 13, 2015 President Obama announced that the US Dept. of Education would begin using “prior-prior year” information on the FAFSA beginning with the 2017-2018 financial aid year. 

 

For more information watch this Prior-Prior Year Video from NASFAA.

 

For students starting or continuing in 2016-2017, this will not change the financial aid process.

 

For the 2017-2018 year school year, UW-Madison anticipates that our students will be able to:

  • Fill out the FAFSA as early as October, 2016.
  • Use tax information from 2015 you already have.
  • Get a financial aid award sooner.

 

Do you want your refund faster? 

Students with eRefund usually get their money days soon than students who receive paper checks in the mail  Sign up for eRefund today!

 


Having difficulty requesting your Tax Return Transcript?

 

Visit our frequently asked questions for assistance.  

 


If your your loan did not disburse. Click here for possible reasons.

 

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