The Higher Education Opportunity Act of 2008 (HEOA) requires disclosure of policies that can affect students in colleges and universities. The following is disclosed to students at Wake Technical Community College in compliance with this federal law.
Consumer disclosure information relating to financial aid includes cost of attendance, description of need and non-need financial aid types, application procedures and processes, student eligibility requirements, students rights and responsibilities, criteria for selection of recipients and awarding funds, disbursement information, refund and repayment policies, satisfactory academic progress policy for financial aid, appeal procedures, financial aid availability for students abroad and VA/military benefits. All of this information can be accessed on the Wake Tech Financial Aid Office website, or by contacting the Financial Aid Office.
In compliance with the HEOA, Wake Tech makes available a net price calculator to help students compare the price and net value of various institutions of higher education.
Any loan borrowed by a student or his or her parent will be submitted to the National Student Loan Database System and will be accessible by guaranty agencies, lenders and schools determined to be authorized users of the data system.
In general, if you are convicted of a drug-related felony or misdemeanor that took place while you were receiving federal student aid, you will become ineligible to receive further aid for a specified period of time upon conviction.
State need-based student aid programs also use results from the Free Application for Federal Student Aid (FAFSA) to determine eligibility for state funds. State aid deadlines are published on the FAFSA. For more information on state aid, visit the North Carolina Education Assistance Authority. All state grants require students to complete the FAFSA. Students should check with their home state's department of education for additional application requirements.
Wake Technical Community College does not recommend, promote or endorse lenders for private education loans. However, we will certify a private loan upon request.
Private student loans are non-federal loans, made by a lender such as a bank, credit union, state agency or a school.
Enrollment in a study abroad program approved for credit by Wake Technical Community College home institution) may be considered enrollment at Wake Tech for the purpose of applying for assistance under Title IV.