All students must apply for financial aid using the Free Application for Federal Student Aid (FAFSA) to be considered for financial aid. (including all loans).
Complete the FAFSA: Students and their parents should complete/submit the Free Application for Federal Student Aid (FAFSA) as early as possible, applications are available January 1, so that we can receive the FAFSA results via the federal processor by our priority filing date of March 15th. Complete the FAFSA at online: www.fafsa.ed.gov.
• When completing the FAFSA over the Internet, parents and students should register for a PIN before completing the application. www.pin.ed.gov. The federal processor will not process the FAFSA application until it is signed. The PIN is used as an electronic signature.
• In order for Wilberforce to receive information from the FAFSA, students must enter the School Code 003141 in the school section of the FAFSA.
• The FAFSA application instructions should be followed very carefully. Have all of your financial information gathered before starting the FAFSA.
• The completed FAFSA can be mailed to the processing center. It generally takes four to six weeks by mail. The Federal Processing Center will send a Student Aid Report (SAR) to the student after processing your FAFSA.
Submit Required Documents: When the Financial Aid Office receives a completed FAFSA application it is reviewed to determine a student’s eligibility. If a student is selected by the Federal Government to verify the accuracy of information provided on the FAFSA, the following additional forms must be submitted to the Office of Student Financial Services:
• Income Tax Forms that are signed and dated (1040, 1040EZ, 1040A), W-2 forms
• Verification Worksheet (either Independent or Dependent)
• Statement of untaxed income (social security, TANF, VA benefits, etc)
• Worksheet A, B, C (if applicable)
The Office of Student Financial Services may require additional information to process the FAFSA application. Students should respond promptly with the information as soon as possible and keep in mind that the University's date to submit documents for priority consideration is April 30.
Complete the Loan Master Promissory Note (MPN): Students and Parents applying for one of the Federal Stafford Loan Programs may be required to complete a Master Promissory Note and complete required loan counseling prior to receiving a loan. Information regarding loan processing is included with the award letter or available in the Student Financial Services Office. The MPN and entrance loan counseling can be completed online at: www.opennet.salliemae.com. To receive a student loan, a valid FAFSA must be on file.
Once the FAFSA and all other documents required to determine the student’s eligibility have been processed, an award letter that details financial aid that a student is eligible to receive is sent to the student/parents. Students will receive a Fall/Spring award letter stating the estimated financial aid they are eligible to receive. The award letter is based on full-time attendance and will indicate grants, scholarships and loans for which the student is eligible. After the award letter is printed, the aid amounts may change due to changes in enrollment, EFC, other scholarships, and other reported aid funds.