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Important FAFSA Changes for 2018-19

In an effort to reduce costs and conserve our natural resources, award letters are not mailed to students.  You will receive an email when your award is 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. 

Important Information Regarding Processing

 

2018-19 FAFSA Tutorial First-Time Filers - Overview

Financial Aid Questions? Click here to get video answers from Financial Aid T V

What is Financial Aid?

What is the IRS Data Retrieval Tool?

Related Links

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 March 1st for the summer term. Wake Tech’s school code is 004844.

Please note: the confirmation page from FAFSA is not an award letter.
  Activate and monitor your Wake Tech email and My Financial Aid account in Web Advisor to find out when your FAFSA is received and if additional paperwork is required.
  Monitor your Wake Tech email regularly. You may be selected for verification by Wake Tech. If so, you will receive a list of required documents by email; submit them to the Financial Aid Office promptly and allow 2-6 weeks for processing. You may be selected for verification by the School Servicing Center (SSC). If so, log in to www.sscwp.org to learn about the paperwork required. Submit documents promptly to SSC.
  View your list of documents in My Financial Aid under Required Documents.
  You will be notified by email if you are awarded financial aid. You may then view your award in My Financial Aid under My Awards.
  Accept the financial aid terms and conditions. A link for this is emailed to all students. You can also complete this by logging into My 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 must complete the online loan requirements.
  • Log in to My Financial Aid in Web Advisor; 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. 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 eligibility guidelines:
  • You must be accepted into an eligible program 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.
  • 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.