2020-2021 Financial Aid
Terms and Conditions		 Form 1557 - Degree Audit
Letter to Students
Financial Aid
Handbook		 Self Service Financial Aid
Student Guide

Important Processing Information

In an effort to reduce costs and conserve our natural resources, financial aid offers are not mailed to students.  Students will receive an email when financial aid offers are finalized with instructions to review the information included on this page.   Please review each document and contact your Financial Aid Specialist if you have questions. You are responsible for being knowledgeable about Financial Aid policies and procedures. 

We are currently processing documents received on the dates listed below:

Document Type Date
Received Documents (Email/Fax/Mail) Scanned to Records 03/02/21
Verification Documents Reviewed by Specialists 2020-2021
02/22/21
Satisfactory Academic Progress (SAP) Appeal 02/12/21
Maximum Time Frame Appeal 03/01/21
Initial FAFSA Review 2020-2021
03/04/2021

 

Financial Aid Checklist

Important Information About YOUR Financial Aid

  Complete your FAFSA at www.fafsa.gov by June 1st for fall semester, by October 1st for spring semester, and by April 1st for the summer term. Wake Tech’s school code is 004844.
**Note: the confirmation page from FAFSA is not a financial aid offer.
  Activate and monitor your Wake Tech email and Financial Aid account in Self Service to find out when your FAFSA is received and if additional documentation/information is required.
  Monitor your Wake Tech email regularly. If you are selected for the verification process, you will receive a list of required documents by email; submit them to the Financial Aid Office promptly and allow 2-4 weeks for processing. 
  Continue to review your list of documents in Self Service under Financial Aid and Required Documents.
  You will be notified by email if you are offered financial aid. You may then view your financial aid offer in Self Service - Financial Aid under My Offers.
  Accept the Financial Aid Terms and Conditions. A link for this is emailed to all students. You can also complete this by logging in to Self Service - Financial Aid.
 

All eligible students will be offered Direct Stafford Loans. You must accept or reject the offered loans electronically. You may also choose to reduce your loan amount. Students who accept loans must complete the online loan requirements.

Log in to Self Service - Financial Aid and Complete the Master Promissory Note (MPN) and Entrance Counseling.
  Purchase (charge) books in the bookstore during the posted dates once the requirements above have been met.  Simply swipe your student ID card in the bookstore.
  Look for your Bank Mobile Refund Selection Kit, which will be sent by mail in a green envelope and by email. Once you receive it, go to www.refundselection.com to set up your refund preference. This is a one-time requirement, but you may change your preference at any time.
  Familiarize yourself with the Satisfactory Academic Progress policy.
 

Remember the eligibility guidelines:

  • You must be accepted into an eligible program of study to receive financial aid. See a list of eligible programs on our website under Resources.
  • Financial aid covers only classes required for your eligible program of study.
  • To receive a loan, you must be enrolled in at least six credit hours of coursework at the time of disbursement.
  • For students enrolled in a mini-mester course, funds are not disbursed until classes begin and enrollment is verified.
Emails from the Financial Aid Office may require immediate action; monitor your email carefully.