Changes are coming to the Free Application for Federal Student Aid (FAFSA) application in the 2024-2025 aid year.
The FAFSA Simplification Act, enacted by Congress in 2020, marks a substantial overhaul of federal student aid. This transformation encompasses alterations to the FAFSA application itself and the need analysis that determines eligibility for federal aid and adjustments in terminology.
Traditionally, the FAFSA has been available on October 1 each year. Because of these substantial alterations, the 2024-25 FAFSA will not be accessible until sometime in December 2023. Wake Tech will post the exact release date when it's announced.
Follow these steps to apply for financial aid to attend Wake Tech:
The FSA ID is used to log in to Federal Student Aid’s online systems, fill out a Free Application for Federal Student Aid (FAFSA) and sign legal documents electronically. Parents of dependent students will also need an FSA ID to sign the FAFSA.
The FAFSA must be completed each academic year to receive federal or state aid, most institutional aid and most scholarships. There are two ways to complete a FAFSA:
Between October 1 and June 30, the FAFSA will be available for two separate award years. It is important to select the appropriate one to avoid delays.
The following information is needed to complete the form:
Wake Tech’s school code for the FAFSA is 004844.
You can sign and submit the FAFSA either by using your FSA ID or by printing out and mailing a signature page.
To ensure aid is available to pay tuition, fees and books, the FAFSA and any required paperwork should be submitted by the following priority deadlines:
If you miss a priority deadline, submit the FAFSA anyway – you still may be eligible for financial aid, although there might be less money available. You also should make other arrangements to pay for tuition, fees and books if aid is not offered before the registration payment is due.
Once your FAFSA has been processed and it is determined that you qualify for financial aid, you will be reimbursed during the semester. If you are not offered any aid, you are responsible for all charges.
The Federal Processing Center should provide an Estimated Family Contribution (EFC) within one to three weeks. You can check the status of your application online by logging into your account or by calling 800-433-3243.
Request your official transcript from any high schools you attended or your high school equivalency, as well as any previous colleges. Transcripts may be sent electronically to [email protected] or mailed to:
Wake Tech Admissions
9101 Fayetteville Road
Raleigh, NC 27603-5696
Students must have a valid high school diploma or equivalency diploma to be eligible for financial aid. A diploma will be considered invalid if there is reason to believe that limited coursework was required and/or a fee was charged by the agency that issued the diploma.
The following schools allow students to pay a fee and receive their high school diploma within as little as a few days of minimal instruction:
Let the Financial Aid Office know if you want to seek aid as an independent student, if your family income has changed substantially from what was noted on the FAFSA or any other issues that could affect your aid package. Special forms need to be filed in these instances.
Your completed FAFSA will take about three to five business days before it is received in the Financial Aid Office.
Check Self-Service and Wake Tech email: All official correspondence from the Financial Aid Office, such as requests for additional documentation to complete your financial aid application and notification of your aid offer, will be posted to Self-Service or emailed to your Wake Tech email address – so check both regularly.
Verification: The Federal Processing Center chooses 30% of all financial aid applications to verify to ensure information is accurate. The process is random, so don't worry that you've done anything wrong if you receive this notice. Wake Tech also has the authority to select applicants for verification if there is a conflict of information, meaning the college can request verification documentation, which may include tax returns, W2s and records verifying untaxed income. Please do not submit documentation until it is requested.
Check status: By checking Self-Service, you will be able to view all documents the Financial Aid Office has requested and see when each has been received. An "Action Needed" or "Incomplete" notice means you need to submit more information, while a "Waived" notation means no further action is needed.
Processing financial aid applications at Wake Tech usually takes four weeks from the date documents are submitted. If corrections are required, it may take another five to seven days before the correction is processed and reviewed and the Financial Aid Office posts the final offer in Self-Service.
Receiving an offer: Congratulations! You have been awarded financial aid to attend Wake Tech. Check out what do to once you have your offer.
Remember the eligibility guidelines:
Emails from the Financial Aid Office may require immediate action, so monitor your email carefully.