I Paid Out My Pocket Fir School Can I Get That Back
CA$H in Your Pocket
Eligible students registered for Spring 2022 classes will receive money directly and automatically - UP TO $500*!
Need the funds to pay your tuition and fees? Complete the consent form to have your money applied directly to your student account.
Currently enrolled Fall 2021 students must meet the following eligibility criteria:
* Received a Cash In Your Pocket award in Fall 2021, AND
* Complete Fall 2021 classes with a 75% term pace which is calculated as # completed credits/# attempted credits, AND
* Earn a Fall 2021 term GPA of 2.0 or higher, AND
* Enroll in Spring 2022 classes by March 10, 2022.
New incoming Spring 2022 students, OR students who did not previously receive Cash in Your Pocket:
Will be awarded based on number of credits enrolled in Spring 2022. Students must be enrolled in classes by March 10, 2022.
Award Amounts
Number of credits enrolled
- Award amounts are determine based on full-time, ¾ time, ½ time, and less than ½ time. The more credits you enroll in, the more money you receive.
HOW MUCH CAN YOU GET?
| Enrolled FULLTIME (12 or more credits) | Enrolled ¾ Time (9-11 credits) | Enrolled ½ Time (6-8 credits) | Enrolled less than ½ Time (5 or fewer credits) | ||
|---|---|---|---|---|---|
| TIER ONE Enrolled and received funds Fall 2021 AND successful completion | $500 | $400 | $300 | $200 | |
| TIER TWO New students enrolling in Spring 2022 | $300 | $250 | $200 | $150 |
Frequently Asked Questions
Who is eligible to receive stimulus money?
Students who received Cash in Your Pocket money in Fall 2021 AND successfully complete with a 75% term pace (# completed credits/#attempted credits) AND a 2.0 term GPA will fall under Tier 1.
New incoming students for Spring 2022, or students who did not receive money in Fall 2021, will fall under Tier 2.
How much money will I get?
The amount of money varies based on the outlined eligibility criteria such as successful completion of fall courses and the number of credits enrolled.
Do I have to be eligible for Financial Aid (FAFSA) to get the money?
While all students are encouraged to complete the FAFSA, there will not be any FAFSA requirement to be eligible for Spring 2022 funds.
How do I know my term pace?
You can find your Term Pace on Self-Service under Financial Aid. Just click "Satisfactory Academic Progress" and you'll find your Term Attempted Credits, Term Completed Credits, and Term Pace under "SAP Details." This is primarily for your student reference. Your Term Pace for the current semester will be calculated by 12/16/21, and awards will be distributed automatically to eligible students during the Spring semester.
Does my EFC (expected family contribution) affect my award?
No, there is no FAFSA or EFC requirement.
How will I receive the money?
Funds will be distributed directly to you either by direct deposit (via BankMobile) beginning the week of March 14, 2022 or mailed by check (allow an additional 4-5 week processing time for checks). Arizona Western College delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. Students should log into Self-Service and select the "Access Your Refund" link to set up their refund preference and ensure the college has the correct bank information and mailing address. You may also have your money applied directly to your student account to pay your tuition and fees by completing this consent form.
When will I receive the money?
Funds will be disbursed starting mid-March unless you complete the consent form to have your funds applied directly to your student account.
Is there an application process to receive the money?
No! The money is automatically distributed directly to all eligible students. No additional forms or applications are required with the exception of the optional consent form if you choose to have your funds applied directly to your student account.
Can I get this money in addition to my other financial aid and scholarships?
YES! This money is in addition to any other financial aid or scholarships and will not affect the awarding of any other funding.
What can I use this money for?
Since this money is directly awarded to students, you can use it for anything you need. If you still have a balance on your AWC account, you are welcome to use the money to pay your bill. Otherwise, it is yours to spend as you need.
Can I receive this money if I am still in high school (dual or concurrent enrollment)?
YES! This money is available to ANY enrolled student who meets the eligibility requirements, including high school students enrolled in dual or concurrent credit classes. That means you pay only $25 per credit for your classes AND you receive money on top of that!
Can I receive this money if I'm not a resident of the district, or Arizona, or the USA?
YES! All students can receive these funds if they meet the eligibility requirements.
Can I apply this money to my account at the college?
YES! The money will not automatically be applied to your student account, but you can complete the consent form to have your funds applied to your account instead of disbursed to you.
Is this money taxable?
No. These payments are not considered taxable income.
Will I receive this money in the Summer semester too?
If there is money remaining after Spring 2022 distribution, we will determine our ability to award in the summer.
Website Disclaimer
I Paid Out My Pocket Fir School Can I Get That Back
Source: https://www.azwestern.edu/enrollment/financial-aid/stimulus
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