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Financial Aid and Costs

Interact

Kathy Pack
Financial Aid: Director

Address:
WWC CPO 6342
PO Box 9000
Asheville, NC 28815-9000

Phone: 828.771.2082

Email: kpack@warren-wilson.edu

View Bio

Introduction

A college education is valuable for many reasons, but for some, the cost seems to make it unattainable.

At Warren Wilson College, we use financial aid to help students from all backgrounds afford the cost of college. We consider a variety of information before we put together a student's financial aid award.

On this page, we describe how our financial aid program helps many qualified students enroll...and graduate.

Financial Aid 2008-2009

When considering financial aid for a student, we (and the Federal Government) make several assumptions:

A student and family are responsible for contributing what they can of a student's college costs. Financial aid is a supplement, not a substitution. What the family can fund is determined by the information provided on the Free Application for Federal Student Aid (FAFSA) for federal and state aid. FAFSA, in combination with the Warren Wilson Financial Aid and Scholarship Application (WWFASA), is also used to determine eligibility for institutional need-based aid.

All students must help pay for their education through our Work Program. We will consider you for all forms of federal, state, and institutional (Warren Wilson) aid programs in addition to your participation in our Work Program.

How to Apply for Need-Based Financial Aid

You must complete the Free Application for Federal Student Aid (FAFSA) on the web at www.fafsa.ed.gov any time after January 1, 2008.

Prior to completing the FAFSA on the web, you and one parent must apply for your PIN online at www.pin.edu.gov. This is a Personal Identification Number (electronic signature). The same PIN will be used each year to complete the FAFSA, make corrections online.

You can file the FAFSA after January 1, 2008. It is important that you complete the form as accurately as possible using information from a completed 2007 Federal Income Tax Return. (Keep a copy of your and your parents' Federal Tax Return as it may be required at a later date by the Financial Aid Office at Warren Wilson College.) If at all possible, file the FAFSA by mid-February. List Warren Wilson on the form as one of your selected institutions. The address and code are Asheville, NC--002979

Complete the attached Warren Wilson Financial Aid and Scholarship Application (WWFASA) at the same time and return it to the Admission Office. Remember that this form has multiple uses at our college.

If you have been accepted for admission to the College, a financial aid award will be sent to you within three weeks of receiving the SAR (FAFSA results), our WWFASA, and all verification materials, if requested.

Application that you can print out.

What To Do After You Receive Your Award

To validate the Financial Aid Award, you must sign and return one copy of the Financial Aid Award letter within three weeks. If you wish to decline the offered student loan, cross off the item and initial it. To secure your place at Warren Wilson College, you may include your $300 deposit at this time if you haven't already done so.

NOTE: Financial aid offered is dependent upon the college's receipt of all final official transcripts. (high school and any college previously attended.)

Warren Wilson Scholarships

Warren Wilson College is unique in its mission of academics, work and service. The philosophy behind our scholarship program is to recognize achievement in one or more of these areas. Therefore, need is not a factor when considering these scholarships. If you are chosen for a scholarship, it will be combined with your financial aid package.

Warren Wilson offers a number of special scholarships each year. They are based upon merit and recognized accomplishments. The scholarships fall into distinct groups: Special Merit Scholarships, Work, or Service Scholarships, and Competitive Academic Honor Scholarships.

Special Merit Scholarships

Scholarships for First-Year Students include:

National Merit Scholars Finalist will receive $4,000 per year. Students must be selected by the National Merit Scholarship Corporation and show proof of their selection.

Valedictorian / Salutatorian Scholarships of $4,000 per year will be given to students who graduate first or second in their class of more than 50. These scholarships will automatically go to the first ten qualified students when they are accepted.

Presidential Scholarships of $3,000 per year will be given to North Carolina residents who graduate in the top twenty-five percent of the graduating class, and have SAT scores greater than 1050 or ACT scores greater than 24. These scholarships will automatically go to the first thirty qualified students when they are accepted.

Work Scholarships / Service Scholarships

$2,000 Work Scholarships will be given to two students who bring special, needed skills to the Work Program.

$2,000 Service Leadership Scholarships will be given to two students who have demonstrated exceptional leadership in service to their community.

Competitive Honor Scholarships

Several scholarships are awarded based on a scholarship competition and come in varying amounts. The names of these scholarships, application process, and their amounts are listed below.

Note: Warren Wilson Competitive Honor, Work or Service Scholarships may not be combined. In other words, one student will not be awarded more than one of these scholarships. (However, you may apply for more than one WWC scholarship.) Scholarships will be combined with need-based financial aid.

Students only interested in need-based aid should follow the procedures outlined previously. To apply for scholarships, please follow the instructions below.

Students must maintain a cumulative 3.00 GPA and pass at least 12 credit hours each semester in order to retain each scholarship from year to year for a maximum of 5 years (10 semesters).

How To Apply For Scholarships

To be considered for competitive honor scholarships, the Warren Wilson Financial Aid and Scholarship Application (WWFASA) must be received by March 15. Please include the specific scholarship materials requested below with your Financial Aid and Scholarship application. These applications are available from the Office of Admission and one is included on this webpate. The Scholarship Committee will meet shortly thereafter, and scholarship winners will be notified after March 15.

Specific Scholarship Requirements:

Academic/Honor Scholarships — These scholarships are awarded based on a variety of criteria. To be considered, we require the following: a GPA of 3.50 or higher (Transfer scholarships are awarded based on college grade point average and a minimum of 16 hours transfer credit), SAT scores of 1200 or higher, ACT scores of 27 or higher, an advanced or college prep curriculum, two written recommendations attesting to your academic ability, and an essay of no more than 250 words, typed. We would like for you to address your academic goals in your essay.

Work Scholarships — These are awarded to students who have demonstrated a particular skill (i.e. locksmithing, computer repair) and who will contribute greatly to our Work Program. To be considered, please provide us with a log of your work skills, two written recommendations attesting to your work ethic, and a 100 word essay citing why you feel you deserve the work scholarship.

Service Scholarships — These are awarded to students who have demonstrated exceptional leadership skills within the community and who have been involved in some form of volunteer activity (i.e. Habitat for Humanity, church groups). To be considered, please provide us with a log of your activities, two written recommendations attesting to your hard work, and a 100 word essay citing why you feel you deserve the service scholarship.

National Merit Scholars Finalist, Valedictorian/Salutatorian Scholarships and Presidential Scholarships — These scholarships automatically go to the first qualified students when they are accepted, and upon receipt of verification of standing.

The WWFASA, materials, and references may either be mailed or faxed to the College and must be received by March 15. Please plan accordingly

Types of Financial Aid Assistance and Scholarships:

Frequently Asked Questions

When should I apply for aid? As soon as you can accurately complete the FAFSA (after January 1). Ideally, you should do your taxes first, but that is not always possible. Student Aid Reports (SAR's) received from admitted students before April 1 receive preference.

How do I apply for aid? Accurately complete the FAFSA online. The WWC code is 002979. Next, send us the completed WWFASA available from the WWC Admission Office.

Where can I get the forms I need? The FAFSA is on the web at www.fafsa.ed.gov. Click here for a PDF of the WWFASA.

Who determines how much aid I get? First the federal government. They have established the basic formula called Federal Methodology. When we receive your FAFSA results, it will include your Expected Family Contribution (EFC). We subtract your EFC from the total cost of attending Warren Wilson. This gives us your federal need, and allows us to put together your financial aid award or package.

What is a "Financial Aid Package"? Your financial aid package is the different types of financial aid (scholarships, grants, loans, and work) put together to form your award. Most Warren Wilson students have a combination of grants, loan and work in their packages. The amount of institutional gift aid in proportion to loan is determined primarily by your level of need and loan eligibility, your successful application for non-need-based grants/scholarships (church/community) and your academic performance. Even with a high need a WWC need based grant may not be awarded to a student with poor academic performance in high school or at a previous college.

What happens after my first year? You will reapply for aid each year using the same forms. Aid changes year to year based upon changes in the family situation and increases in college expenses. Satisfactory Academic Progress Standards will also apply.

Who do I go to with questions? The Admission Staff is trained to answer the majority of your financial aid questions. The number for the Admission Office is 800.934.3536. However, when a question is particularly technical, it will be forwarded to the Financial Aid Office. Also, you may email the Financial Aid Office at financialaid@warren-wilson.edu or call them at 828.771.2082.

Important Dates

November 15 - Early Decision application deadline
December 1 - Early Decision notification
December 22 - Early Decision deposit deadline
February 1 - Acceptances mailed
February 28 - Admission application deadline
March 15 - Honor and Competitive Scholarship application deadline receipt
April 1 - Financial aid priority handling deadline
May 1 - Deposit deadline

Useful Websites

www.cfnc.org (for North Carolina Students)
www.fafsa.ed.gov (electronic FAFSA form)
www.ed.gov/studentaid/ (General information site)
www.pin.ed.gov (apply for electronic signature)

Financial Aid Glossary

FAFSA - Free Application for Federal Student Aid. Form required by the federal government that helps determine your aid eligibility.

Gift Aid - Money you do not repay - scholarships, grants or entitlements.

Need - The difference between the college tuition and how much you can afford, calculated annually, based on the FAFSA and WWFASA analysis.

SAR - Student Aid Report. You receive this after filing the FAFSA.

Scholarship - Money that is awarded to a student based only on merit (usually academic merit). Need is not considered when awarding scholarships.

Self-Help Aid - Money the student earns or repays.

Student Loan - Money that is borrowed to help pay for your education and must be repaid. (Normally at low interest rates after you leave college.)

Work Program Fellowship - All resident students attending Warren Wilson can earn $3,144 per year for the work they do at the College.

WWFASA - Warren Wilson Financial Aid and Scholarship Application. This form is required if you want to be considered for institutional aid from the College.

Costs for 2008-2009

Warren Wilson College does not discriminate on the basis of race, sex, color, creed, national or ethnic origin, or sexual orientation in the administration of its educational policies, admission policies, or financial aid programs. The tuition refund policy can be found in the Warren Wilson College Catalog.

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