TIP @ WAYNE
TIP Wayne State has a round- the- clock Campus Coach who can assist students with access to Wayne State services such as:
The More You Know...
Wayne State: Making College Affordable*
Key Dates:
The financial aid process begins well before you take your first class, so reference the timeline below to stay on track. Remember, the earlier you apply, the better chance you have to lock in scholarships and financial aid.
August-December:
Apply for admission to WSU for the following fall semester. You must be admitted to WSU to qualify for scholarships, so apply as early as possible. www.apply.wayne.edu
November 1:
Private scholarship applications become available. Research and apply for eligible scholarships. www.scholarships.wayne.edu
December 1: Use the FAFSA4caster for an estimate of your financial aid eligibility www.fafsa.gov
January 1:
File your FAFSA early for maximum consideration using WSU code 002329. www.fafsa.gov
March 31:
Last date to file your FAFSA for WSU grants. After this date, you can file a FAFSA for Pell Grants and loans only. Private scholarship application deadline, www.scholarship.wayne.edu
Late August:
WSU will begin applying financial aid funds to student accounts.
Financial Aid Basics:
Time-saving tip -
You may be eligible to use the IRS Date Retrieval Tool, which transfer data from your federal income tax return into key answer fields. This can save time and reduce the possibility of being selected for FAFSA verification. You can use the tool one to two weeks after filing your taxes electronically.
Financial aid eligibility
To receive federal, state or institutional funds administered by WSU’s Office of Student Financial Aid, you must:
Continue receiving Financial Aid:
In order to retain your financial aid eligibility, you must consistently achieve satisfactory academic progress. Financial aid checks your progress in three ways:
The six W’s of scholarships:
What are scholarships?
Scholarships are financial aid awards that you do not have to pay back. Scholarships are given based on many factors, including academic achievement, special talent, ability or financial need.Why should I try to get scholarships?
Scholarships can provide valuable funding for your education. If you put in the effort to secure scholarships now, you can minimize the loan debt you will have to pay back after you graduate.
Who gives out scholarships?
Scholarships can come from the federal government, the state government, the school you are attending or private sources. Don’t discount small scholarships. Getting two $500 scholarships is just as good as getting one $1,000 scholarship.
Warning!
Don’t be the victim of a scholarship scam, which promises that, for a fee, you will get access to more student aid. Free searches are available. Never give out credit card or bank account information on the phone or online without getting information in writing first. If it sounds too good to be true, it probably is!
When should you begin applying for scholarships?
Now! If you wait too long you might miss an important deadline. Don’t wait to be accepted to a college to begin researching and applying for private scholarships.
Where do I find scholarships?
In addition to Wayne State scholarships, our students often qualify for awards from external organizations and we encourage you to pursue all opportunities.
To find the scholarships that apply to you, follow these steps:
1. File the Free Application for Federal Student Aid (FAFSA)
2. For scholarships at WSU, go to www.scholarships.wayne.edu
3. Visit these free scholarship search engines available online.
Student Aid on the Web Scholarship Wizard
www.scholarshipamerica.org
www.finaid.org
www.fastweb.org
www.collegeboard.com/student/pay
www.gocollege.com
* Information collected from Office of Undergraduate Admissions
Key Dates:
The financial aid process begins well before you take your first class, so reference the timeline below to stay on track. Remember, the earlier you apply, the better chance you have to lock in scholarships and financial aid.
August-December:
Apply for admission to WSU for the following fall semester. You must be admitted to WSU to qualify for scholarships, so apply as early as possible. www.apply.wayne.edu
November 1:
Private scholarship applications become available. Research and apply for eligible scholarships. www.scholarships.wayne.edu
December 1: Use the FAFSA4caster for an estimate of your financial aid eligibility www.fafsa.gov
January 1:
File your FAFSA early for maximum consideration using WSU code 002329. www.fafsa.gov
March 31:
Last date to file your FAFSA for WSU grants. After this date, you can file a FAFSA for Pell Grants and loans only. Private scholarship application deadline, www.scholarship.wayne.edu
Late August:
WSU will begin applying financial aid funds to student accounts.
Financial Aid Basics:
Time-saving tip -
You may be eligible to use the IRS Date Retrieval Tool, which transfer data from your federal income tax return into key answer fields. This can save time and reduce the possibility of being selected for FAFSA verification. You can use the tool one to two weeks after filing your taxes electronically.
Financial aid eligibility
To receive federal, state or institutional funds administered by WSU’s Office of Student Financial Aid, you must:
- Have a high school diploma or equivalent
- Be enrolled as a regular student in a degree program Be a U.S. citizen or eligible non-citizen (see www.fafsa.gov )
- Be enrolled at least half-time
- Grants – based on financial need that does not require repayment
- Scholarship – awards for special achievements or circumstances that do not require repayment
- Work-study – positions based on financial need
- Loans – repaid after graduation that can be need- and non-need-based
Continue receiving Financial Aid:
In order to retain your financial aid eligibility, you must consistently achieve satisfactory academic progress. Financial aid checks your progress in three ways:
- GPA – As an undergraduate, you must maintain a 2.0 GPA.
- Pace – You must complete at least 67% of your registered courses.
- Time frame – You must not exceed your program credit hours by more than 150%
The six W’s of scholarships:
What are scholarships?
Scholarships are financial aid awards that you do not have to pay back. Scholarships are given based on many factors, including academic achievement, special talent, ability or financial need.Why should I try to get scholarships?
Scholarships can provide valuable funding for your education. If you put in the effort to secure scholarships now, you can minimize the loan debt you will have to pay back after you graduate.
Who gives out scholarships?
Scholarships can come from the federal government, the state government, the school you are attending or private sources. Don’t discount small scholarships. Getting two $500 scholarships is just as good as getting one $1,000 scholarship.
Warning!
Don’t be the victim of a scholarship scam, which promises that, for a fee, you will get access to more student aid. Free searches are available. Never give out credit card or bank account information on the phone or online without getting information in writing first. If it sounds too good to be true, it probably is!
When should you begin applying for scholarships?
Now! If you wait too long you might miss an important deadline. Don’t wait to be accepted to a college to begin researching and applying for private scholarships.
Where do I find scholarships?
In addition to Wayne State scholarships, our students often qualify for awards from external organizations and we encourage you to pursue all opportunities.
To find the scholarships that apply to you, follow these steps:
1. File the Free Application for Federal Student Aid (FAFSA)
2. For scholarships at WSU, go to www.scholarships.wayne.edu
3. Visit these free scholarship search engines available online.
Student Aid on the Web Scholarship Wizard
www.scholarshipamerica.org
www.finaid.org
www.fastweb.org
www.collegeboard.com/student/pay
www.gocollege.com
* Information collected from Office of Undergraduate Admissions