Financial Aid

Glossary

Dependent: your status regarding dependency for the purposes of filing for financial assistance is defined by federal regulations as specified in the FAFSA. Please note that IRS filing status of a student as a “independent” has no bearing on the dependency status for purposes of filing the FAFSA. Questions regarding dependency status should be referred to the Financial Aid office.

EFC: Expected Family Contribution. The EFC is a result from the information you provided on your FAFSA. This is not the amount of money your family is expected to pay for you to attend Hawkeye. This number is the same no matter where you choose to go to school. We will use this number to determine your eligibility for financial aid and your financial aid award.

FAFSA: Free Application for Federal Student Aid. Learn more about the FAFSA.

Financial Aid Award: you will receive your financial aid award notification via your Hawkeye email address. Your Financial Aid Award will include funds you qualify for based on your FAFSA application as well as funds from other sources. Also see Work-Study Award.

Financial Aid Lock Date: 14th day of the semester excluding federal holidays.

Independent: please see dependent.

Overpayment: you have not earned the amount of financial aid that was disbursed to you and must return unearned financial aid.

PIN: Personal Identification Number. A PIN is used as an electronic signature on your FAFSA and Master Promissory Note.

SAP: Satisfactory Academic Progress. To receive federal and state financial aid you must maintain satisfactory academic progress standards. If you do not, you may be placed on financial aid probation or suspension.

SAR: Student Aid Report. The result from your FAFSA.

Work-Study Award: you will receive your work-study award notification via your Hawkeye email address. The Work-Study Award email will summarize your work-study award and note the steps you need to take to secure a job on campus.

WTE: Web Time Entry is used to enter the hours you have worked as a Hawkeye employee, for example, your work-study hours.

Financial Aid

Hawkeye Center
Lower Level
319-296-4020
800-670-4769 ext.4020
319-296-4495 (fax)
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