The FAFSA you file is used to determine eligibility for the following sources of aid:

1. Federal Stafford Loan Program. Student loans are the primary source of financial aid available to graduate students, and the best source of loans is the Federal Stafford Loan Program. These loans may be available through your local bank, or our Financial Aid Office can recommend a participating lender. Graduate students, if eligible, may borrow up to $8,500 per academic year. Repayment begins six months after you cease to be enrolled. Students generally have up to ten years to repay their accumulated loans; however, there are minimum monthly repayments. Your bank can advise you of recent changes in interest benefits and loan requirements. Once your FAFSA has been processed and your eligibility determined, the Financial Aid Office at Warren Wilson will send you an award letter requesting your Federal Stafford Loan Application. Subsequently, if you or the Financial Aid Office has a Disclosure Statement from a bank verifying that a bank loan has been approved, the Accounts Receivables Supervisor will, at the student's request, hold bills in abeyance until such loan is secured. Bills must be paid within ten days of securing the loan.

2. MFA Grant. An MFA Grant is awarded on the basis of the student's ability to pay, as assessed by the FAFSA, and the cost of the program (tuition, on-campus room and board, plus a small allowance for books and travel).

3. Eric Mathieu King Scholarship. This scholarship is awarded to an entering student who demonstrates both extraordinary merit and extraordinary need. When two or more applicants for the King Scholarship are considered equal in merit and need, preference will be given to a student accepted to study poetry. The King Scholarship, combined with an MFA Grant, covers cost of tuition for one year (two consecutive semesters) of study and, upon re-application, is renewable for an additional two semesters. Applicants must submit a FAFSA by the previously mentioned deadlines.