FAFSA Reminder for Current Students
Students, have you filed your 2015-2016 FAFSA yet? We encourage you to apply for all sources of need-based assistance available at Wofford by completing the 2015-2016 FAFSA (Free Application for Federal Student Aid). Please be aware that Wofford's priority FAFSA deadline for current students is March 15! You may complete the FAFSA online at www.fafsa.ed.gov Detailed instructions and additional information to assist you in completing the FAFSA are available on the Wofford Financial Aid website at http://www.wofford.edu/financialaid/studentPacket.aspx. Should you have any other questions, please contact the Financial Aid Office at 864.597.4160 or finaid@Wofford.edu.
United Methodist Scholarship and Loan Opportunities
Are you aware of the many valuable scholarship & loan opportunities that are available for deserving students who are members of The United Methodist Church? Please check out the websites below and apply today!
United Methodist Higher Education Foundation (UMHEF):
If you are a current or prospective student planning to attend Wofford in 2015-2016, the UMHEF, can help! Each year they award scholarships to about 1,000 students just like you. Offered are merit-based scholarships, need-based scholarships as well as matching scholarships such as the UM Dollars for Scholars & the UM Leadership Scholarship. For online application information, eligibility qualifications and other valuable resources, please see https://www.umhef.org/scholarship-search. THE APPLICATION DEADLINE DATE IS MARCH 1, 2015.
United Methodist General Board of Higher Education & Ministry (GBHEM):
The United Methodist GBHEM Scholarship and Loan Programs are a church wide educational service providing scholarships (such as the Dr. Lyman Scholarship Gift of Hope, the UM General Scholarship, and The Ethnic Minority Scholarship) as well as student loans to help supplement the financial needs of today's students. Funding for these scholarships and loans are provided through offerings, wills, annuities, and other designated gifts. Through the Loan Program, students may borrow up to $5,000 per calendar year for a maximum total loaned of $20,000. The 146-year-old United Methodist Student Loan Fund is the oldest student loan fund in the United States. For the specific online scholarship and loan application process and other information, please see http://www.gbhem.org/site/c.lsKSL3POLvF/b.3842007/k.6E59/Scholarship_Applications.htm.
The deadline date for applications of ALL Scholarship Programs is midnight of MARCH 5, 2015.
Stop Before You Drop Hours
Details: Students, please note that dropping below 12 hours for fall semester could affect your scholarships and financial aid. To be sure your award package is not reduced, please contact the Financial Aid Office at ext. 4160 or email firstname.lastname@example.org before dropping hours. The drop-add period ends on Friday evening, February 6, 2015, and hours will be "locked" at that time for financial aid reporting purposes.
Contact: Financial Aid Office Extension: 4160
Important Information When Using a “Scholarship Search”
Using an online “SCHOLARSHIP SEARCH” maybe helpful in identifying potential scholarship opportunities. If you choose to utilize any scholarship search or service, online or otherwise, we recommend that you check to be sure it is a safe, trusted & legitimate search or website and that you are not charged a fee for the services. Also check to be sure that students' names & other personal information are not collected for resale to third parties.
Upcoming Changes to the Post-9/11 GI-Bill – Private Institutions
Effective August 1, 2011 - For Veterans and their transferees:
This change simplifies the tuition and fee rates for those attending a public school and creates a national maximum for those enrolled in a private or foreign school.
• Private and foreign school costs are capped at $17,500 annually
• The Yellow Ribbon Program still exists for participating Institutions
For more detailed information go to: http://www.gibill.va.gov/post-911/post-911-gi-bill-summary/Post911_changes.html
New FAFSA Requirement for Federal Direct Parent PLUS Loan
Effective July 1, 2011 – For All Parent Plus Loan borrowers:
• Beginning in 2011-2012, a student must file a FAFSA www.fafsa.ed.gov to receive a Parent PLUS loan
• The Federal Parent PLUS loan is a low-interest loan parents can use to borrow additional funds up to the cost of attendance, minus other financial aid received. Students must be enrolled at least half-time and maintain satisfactory academic progress in order to be eligible
• Eligibility for a Parent PLUS loan is based on a parent's creditworthiness and not on financial need. Repayment of a PLUS loan begins 60 days following the final disbursement of the loan each year.
• 98% of students whose parents receive a PLUS loan already file, so this is not a significant change and is intended to ensure that database matches are being conducted
• For additional information and application process, please go to www.studentloans.gov.