I'll be attending UW Tacoma this year in the Fall Quarter starting in September. I received my official financial award statement and I just need help understanding. Does this statement means that I'm covered? Also, is an UNMET need of 0 bad or good? I'm so confused.
Cost of Attendance: $27,701
Federal Pell Grant - Autumn: $1,882, Winter: $1,882, Spring: $1,881, Total: $5,645
State Need Grant - Autumn: $3,623, Winter: $3,623, Spring: $2,633, Total: $10,868
Federal Supplemental Grant - Autumn: $70, Winter: $70, Spring: $70, Total: $210
Federal Direct Sub Stafford Loan - Autumn - $916, Winter: $915, Spring: $915, Total: $2,746
College Bound - Autumn: $346, Winter: $345, Spring: $345
Assumptions: Your award is based on the following assumptions:
Your award are based on your status as a resident, undergrad student who is dependent, and not living with parents.
The total budget covers attendance for 3 quarters: Autumn, Winter, Spring
Resources: Based on the information you provided, we calculated your resources as expected parent's contribution: $0
UWT MERIT: $2,500
Total Resources: $2,500
Summary of Financial Aid Eligibility and Award:
Total Budget: $27,701
Less Total Resources: $2,500
Equal Need: $25,201
Total Aid Offered: $25,201
UNMET Need: $0
So does this mean I'm covered? I'm not quite sure. I would appreciate anyone's help. Thanks!