Financial Aid

Financial Aid 2021-22
terms and conditions
Degree Audit Letter to students
(Form 1557)
Self-Service Financial Aid guide
Financial Aid handbook

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 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 following dates:

Document type
Date
Received documents (email/fax/mail) scanned to records
05/11/22
Verification documents reviewed by specialists
04/27/22
Satisfactory Academic Progress (SAP) appeal
04/19/22
Maximum Time Frame appeal
04/29/22
Initial FAFSA review
05/05/22

 

Financial Aid checklist

Important information about your financial aid

 
Complete your Free Application for Federal Student Aid (FAFSA) by June 1 for Fall semester, October 1 for Spring semester and April 1 for 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 or information is required.
 
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 two to four 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 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 under "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 under "Financial Aid" and complete the Master Promissory Note and entrance counseling.
 
Purchase (charge) books in the bookstore during the posted dates once the above requirements 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, as well as 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 Wake Tech's 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 Wake Tech's 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, so monitor your email carefully.