Eligibility Requirements
To receive Federal Title IV assistance and state assistance, an applicant must:
File the Free Application for Federal Student Aid (FAFSA), using WLBC code 038564.
Demonstrate need for financial assistance.
Have a high school diploma or a General Education Development (GED) certificate, and have earned an acceptable SAT and/or ACT score.
Be enrolled as a full-time student in an eligible program of study.
Be a U.S. citizen or an eligible non-citizen.
Have a valid Social Security Number.
Make and maintain at least a 2.0 grade point average.
A Student Aid Report (SAR) will be mailed from the federal processor within four to six weeks from the time the application for federal financial assistance is submitted. APPLICANTS SHOULD FOLLOW INSTRUCTIONS AND MAKE ALL APPROPRIATE CORRECTIONS, if necessary. If no corrections are required, retain the SAR for your records. WLBC will receive SAR information electronically from the federal processor. WLBC code 038564 must be on the FAFSA for WLBC to receive the SAR report.
Application Process
No financial aid award can be made until the college’s financial aid application process is completed. A complete application process includes receipt of a completed application, review by a financial aid officer, found free of errors, and not requiring additional information for verification.
Financial Aid Awards
Once the file is complete, the applicant will be notified by mail regarding the financial aid award. The award notification will list the type(s) and amount(s) of assistance the student will receive. Students receiving state aid must sign a certification/affidavit form and return it to the Financial Aid Office prior to disbursement. This form will be enclosed with the award notification.
All financial aid awards are subject to change if the information upon which they were based changes or federal regulations require a change. Awards will be based on the cost to attend WLBC and the results of the FAFSA. Individual student cost depends on factors such as residency, enrollment status and housing arrangements.
Financial Aid Disbursements
All aid listed on the award letter, with the exception of a Federal Work Study award, which will be credited to the student’s account. If a credit balance occurs after applying tuition, fees, and any other authorized charges, the Finance Office will issue a check within three days after the credit occurs. This check will be mailed to the student’s home address.