General Questions
1. How do I apply for financial assistance?
Complete the Free Application for Federal Student Aid (FAFSA) and release the data to WSU by adding WSU's school code (001950).
2. What kind of assistance can I apply for?
There are four main types of financial assistance for college: grants, loans, work-study,
and scholarships. To apply for federal financial aid which includes grants, loans
and work-study complete the Free Application for Federal Student Aid (FAFSA). For additional information regarding WSU scholarships, please visit the scholarship
section of our website: www.wichita.edu/scholarships.
3. How much money will I get?
You will not know how much money you are eligible for until after you apply. Based
on the information you provide on the FAFSA, WSU will create an award package for
you that may include federal grants, loans, work study and/or WSU scholarships. Be
sure to meet WSU’s December 1st priority date to maximize your federal financial aid assistance.
4. Why was I offered loans but no “financial aid”?
Federal financial aid is made up of grants, work subsidy programs and student loans.
Loans offered to students are subsidized in part by the federal government and are
not subject to credit, making them more attractive than commercial private loans.
The ability of students to defer repayment until after they leave school is also a
feature not found in commercial loans. Therefore, student loans are considered aid.
Federal grant monies are typically reserved for the most needy students and families.
Middle-to high-income families therefore might see little or no federal grant money
in their financial aid packages.
FAFSA
1. Where do I get a FAFSA?
The quickest way to apply is online using FAFSA on the web at www.fafsa.gov. You may also go to www.fafsa.gov to download a PDF version of the FAFSA or call 1-800-4-FED-AID to request a paper
application.
2. What is the FAFSA deadline?
December 1st is WSU's priority date. Students can file after this date, but the opportunity
to receive some types of aid programs will be greatly reduced. Eligibility for the
Federal Pell Grant and/or Federal Direct Loans are not affected by this priority deadline.
3. What if I don't think I will qualify for federal aid?
Apply Anyways!!! More and more students are qualifying for federal aid options, and
almost everyone is eligible for some form of assistance. Each year WSU awards more
than $100 million in aid to over 60% of our student body.
4. Why do I need a FSA ID?
An FSA ID is comprised of a username and password and can be used to login to certain
Federal Student Aid websites, such as the Free Application for Federal Student Aid (FAFSA).
The security of your FSA ID is important. Your FSA ID can be used to:
- Electronically sign Federal Student Aid documents,
- Access your personal records, and
- Make binding legal obligations.
5. My parents have more than one student in college. Can they use the same FSA ID for each student?
Parents who need to electronically sign their student’s FAFSA will need their own
individual FSA ID. If the parent has more than one student attending college, the
parent may use the same FSA ID to sign each of the applications.
6. I won't be able to have my taxes completed by the priority deadline. Can I estimate
my tax information?
You can estimate your taxes from the previous tax year on your FAFSA application,
however you may have to go back and correct your FAFSA if the income or tax information
is incorrect. Filing your tax return first makes completing the FAFSA application
easier.
7. What is an EFC?
Your EFC (Expected Family Contribution) represents how much you/your family can afford
to pay towards your education for the academic year. It is calculated from the information
that is submitted on your FAFSA. This number is used to determine your eligibility
for federal student aid.
8. What if I did not code WSU on my original application for financial aid?
If you did not code WSU on your FAFSA and WSU does not appear on your SAR, call the
Central Processing Center at 1-800-4FED-AID (1-800-433-3243) and request that WSU
(001950) be added to your FAFSA, or log back on-line at www.fafsa.gov and select Add School, in the returning user section.
9. What if my application is rejected or I need to make corrections?
You must review your Student Aid Report (SAR) to correct this situation. Using your
Federal Student Aid ID (FSA ID), review your SAR to make the necessary corrections
and resubmit it to the Federal Processing Center. Any changes or corrections can
be made on-line at www.fafsa.gov.
Student Aid Report (SAR)
1. I just received a Student Aid Report (SAR). What do I do with it?
After you apply for federal student financial aid, you’ll get your FAFSA results in
an email report within a few days after your FAFSA has been processed or by mail within
a few weeks. Your SAR is a summary of the financial and other information you reported
on the FAFSA. Read the SAR and check it for accuracy. If there are no corrections,
keep it for your records. If you need to make corrections, do so and submit the SAR
online. Your SAR will contain your Expected Family Contribution (EFC), which is the
number that is used to determine your eligibility for federal student aid, so it is
important to review the SAR for accuracy.
Verification
1. What is verification?
Verification is a process that ensures that the information you reported on your FAFSA
is accurate. Verification selection can be random or because your FAFSA data was incomplete, estimated or inconsistent.
2. What happens if I am selected for verification?
If any further information is needed you will be contacted, by the WSU Office of Financial
Aid. We are required to ask you to provide documentation to confirm the information on
your FAFSA. This will include a verfication worksheet and may include your tax transcript.
If you are a dependent student, this may include copies of your parent's tax transcripts.
Loans
1. What is the difference between Subsidized and Unsubsidized Federal Student Loans?
A subsidized loan is awarded based upon need. The federal government pays the interest
on the loan while the student is in school, and only after leaving school does interest
begin to accrue.
An unsubsidized loan is not based upon need. Interest begins immediately, and the
student can elect to pay it as it accrues or have it added to the loan principal to
be paid when the loan goes into repayment.
2. What is an “alternative” loan?
Alternative loans are available to students who are not eligible for federal financial
aid or who need additional funds to meet their educational expenses. Alternative loans
are not guaranteed by the federal government. In addition, the lender will review
your credit history as well as other criteria to determine eligibility, amounts and
rates.
3. What is a Parent (PLUS) Loan and how do my parents begin the process of getting
the loan?
Parents of dependent students may choose to borrow under the federal Parent Plus program
on behalf of their student. A Federal Parent PLUS loan is a low interest unsubsidized
federal loan that allows a parent of a dependent student to assist in paying for their
student’s college education. The parent(s) repay the loan, NOT the student. The PLUS
loan limit is the annual cost of attendance minus other financial assistance. To apply
for a Parent PLUS loan, the parent must complete and submit a WSU Parent PLUS Application form.
4. I’ve decided I don't want a loan that I accepted earlier. How do I cancel it?
You will need to contact our office either in person or by phone to cancel the loan.
If the loan has not yet been paid to your account this is a relatively simple process.
However, if the loan has been disbursed to your account already, you will need to
make arrangements to voluntarily return those funds.
5. I now want a loan I declined earlier. How do I reinstate it?
A declined loan may be reinstated either in-person or by phone. If your financial
aid package has not changed since the loan was declined, reinstatement is fairly simple.
If you have since received any additional aid, changed grade levels, or had a budget
adjustment, a financial aid counselor will have to review your eligibility.
Scholarships
1. How do I apply for scholarships?
Incoming students who are graduating seniors in high school or directly transferring
from another institution receive automatic consideration for scholarships when they
become fully admitted to the university. High School seniors will need their sixth
semester transcript and ACT/SAT score. Transfer students will need their most recent
college transcripts. For more detailed information, refer to our website https://www.wichita.edu/thisis/scholarships. Students may complete the admission application online at https://www.wichita.edu/thisis/offices/admissions/
2. Do I need to file a separate scholarship application for my academic college?
Yes. The WSU Undergraduate Admission/Scholarship Application is for all WSU incoming
student general scholarships. However, students should also check with their academic
college because college specific scholarships may have different application forms,
procedures and deadlines. The academic college scholarship contacts can be found at:
http://webs.wichita.edu/?u=finaid_scholarships&p=/collegecoords/
3. I am getting a scholarship from an outside organization. Will this affect my financial
aid?
Scholarships from sources outside of the university are considered outside resources
and must be included in a student’s overall financial aid package. These resources
must be sent through the Financial Aid office and processed to the student in the
same way any other aid is. When a Resource is applied to a student’s financial aid
package, that student’s “Need” will be reduced and there MAY be cause for your aid amounts to be changed resulting in lower loan amounts, etc.
depending on your “Need” status. If any changes do occur on your account, you will
receive an e-mail notification on your WSU e-mail account letting you know changes
were made. You are welcome to contact the Financial Aid Office to get more detailed
information regarding those changes.
4. How will I get my outside scholarship?
Outside source scholarships are applied to a student’s Financial Aid account when
the funds arrive in our office, as long as no further action from the student is required,
i.e. endorsement, increased enrollment hours, etc. Those checks are then deposited
with Accounts Receivable and applied as a payment to your Tuition & Fees account.
If this payment results in a credit balance, those funds will be sent directly to
the student either via Direct Deposit or check. Once the check has been deposited,
all further processing and time-frames fall under Accounts Receivable’s purview.
5. How do I find out about graduate assistantships or graduate fellowships?
Contact your department or the WSU Graduate School.
Federal Work-Study
1. What is Federal Work-Study?
Federal Work Study is a program where you can work part-time to help earn money for
your education. It is available to both undergraduate and graduate students who are
at least half-time students. You will be responsible for finding a work-study job
(most are on campus), and you would be paid by the hour.
2. How do I get Federal Work-Study?
Priority is given to students who demonstrate financial need and meet WSU’s December
1st priority date for filing the Free Application for Federal Student Aid (FAFSA).
You must indicate on your FAFSA that you are interested in work-study as part of your
financial aid assistance. If you were not awarded work-study and are interested please
contact our office to be placed on a waiting list.
3. How do I find a Federal Work-Study job?
Check out the available positions on the WSU Career Services website at www.wichita.edu/careerservices.
4. Is it possible to replace my Federal Work-Study with additional loans?
It may be possible if you have not already been awarded the maximum loan amount for
your status and grade level. You will need to contact our office to determine if you
have any remaining loan eligibility.
5. Is the work study money I earn directly applied to my tuition?
No. Work study simply subsidizes your earnings at your job. You will receive a paycheck
just as you would at any job. If you do owe money for your tuition, however you should
make payments using these funds.
International Students
1. I am an international student and have not obtained any kind of U.S. citizenship
status. Do I qualify for any federal financial aid?
Unless you are a permanent resident or a political refugee granted status by the (INS)
Immigration and Naturalization Service, you are not eligible. International students
who have a F1 or F2 student visa are not eligible for federal aid.
Special Circumstances
1. What happens if my family’s financial situation changes?
If your family’s situation changes after completing the FAFSA, you may be able to
file a Professional Judgment request with our office. To obtain the form you must
contact the Office of Financial Aid to review your circumstances with a counselor.
Be aware that you will be required to provide detailed information and documentation.
2. What if I think I am independent of my parents?
Not living with your parents does not automatically qualify you as an independent
student. Independent status is determined by the federal government based on questions
on the FAFSA in regards to your birth date, marital status, degree, veteran status,
and more. To be considered independent for federal financial aid purposes you must
be able to answer yes to at least one of these questions. If none of these conditions
apply but you feel that you have extenuating circumstances, contact the Office of
Financial Aid to schedule an appointment with one of our counselors. Please note you
will be required to submit detailed information and documentation to support your
circumstance.