General Financial Aid
Consists of funds provided to students and families to help pay for postsecondary educational expenses
Financial Aid
What is your FSA ID comprised of?
user name and password
What GPA must you maintain in order to receive FA?
2.0
This is a type of Financial Aid that you do not have to pay back and is based on a student's financial need?
Pell Grant
How long can you continue to receive pell grant funds?
all the way through a Bachelor's Degree
What does the number 001018 mean?
it is Wallaces' Financial Aid School Code
What would you use your FSA account for?
Sign your financial aid documents
Can anyone receive Financial Aid?
No, you have to be a US citizen
This is a type of Financial Aid that you do not have to pay back and is based on students academic excellence
Scholarships
What is the Max Time frame percentage a student can receive financial aid?
150%
When can you fill out your FAFSA each year?
October 1st
What does SAP stand for?
Satisfactory Academic Progress
What must you do first when applying for Financial Aid?
Fill out the FASFA application
This is a type of aid that allows students to receive aid by doing various jobs on campus
Work Study
Where can you check you FA status on the Wallace website?
My WCC Experience
What does EFC stand for?
Expected Family Contribution
What does COA stand for?
Cost of Attendance
Will you have to pay back FA if you drop or withdrawal from a course?
Yes
These are scholarships offered by the Wallace Foundation
Foundation Scholarships
These are financial aid funds that you have to pay back with interest?
Student Loans
What does FAFSA stand for?
Free Application for Federal Student Aid
What does FSA stand for?
Federal Student Aid
Do all Wallace Programs cover Financial Aid?
No, some Wallace certificate programs are not covered by FA
This is a type of aid that is offered to those who served in the military
VA Benefits
SAp consists of 3 factors...what are they?
GPA, PACE, MAX