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1. How do I apply for need-based aid?
     File the FAFSA any time after January 1st using the previous year’s tax
     return information. File the FAFSA at www.fafsa.gov. If you are a
     first-time WWC student, you will also need to complete the
     WWCFAA.
2. Is there a deadline for filing the FAFSA?
     The priority handling deadline for new undergraduate students is
     April 1st, but we highly encourage filing by the end of February if possible.
   We also encourage you to file the FAFSA about two weeks after filing
     taxes so you can utilize the IRS Data Retrieval Tool in the FAFSA.
3. What is WWC’s school code?
     002979
4. I don’t think that I’m eligible for financial aid, should I still apply?
     Yes! Even if you are not eligible for need-based aid, you will still be
     eligible for a Federal Direct Unsubsidized Loan and a Federal Direct
     PLUS Loan for Parents.
5. How do I apply for WWC honor and merit scholarships?
     (new undergraduate students only)
     Contact the Admission Office for more information about WWC
     scholarships.
6. My FAFSA has been selected for verification. Why was my
     information selected for verification? What do I do?
     One-third of all FAFSAs are randomly selected for verification by the
     Federal Processor. You will need to provide additional information to
     WWC in the form of an official IRS Tax information, W-2s, Schedules C and F if appropriate, and supplementary
     documentation as requested (we will let you know, if any, what other
     types of documentation are required).
7. Can my Financial Aid Award be faxed or emailed to me?
     Due to its confidential nature, we are required to send the
     Financial Aid Award through the mail. In addition we will
     need one of the original awards signed and returned to us.
8. How do I apply for the Federal Direct loan?
     1. Sign and return the Financial Aid Award Letter (No faxes or
          scanned copies accepted. Student signature is required!)
     2. Complete a Master Promissory Note (MPN) with the Federal
          Department of Education.
     3. Complete Entrance Counseling with Direct Loan Servicing.
9. What is a Master Promissory Note (MPN)?
     The MPN is your agreement with the Federal Department of Education
     to borrow and repay Federal loan funds. It is a "promise" to repay
     the amount borrowed. You can apply online with the
     Federal Department of Education using your Federal PIN #
     as your electronic signature.
10. What is the difference between Federal Direct Subsidized
       and Unsubsidized loans?
      The Federal government pays the interest on the Direct Subsidized
      loan while the student is enrolled. This loan is need-based and is
      set at 3.4% for the 2012-2013 students. It is only available to under-
      graduate students. The Unsubsidized loan accrues interest while
      the student is enrolled and is set at 6.8% interest (for both under-
      graduate and graduate students) for 2012-2013. Both loans are
       deferrable for a six-month grace period following graduation or
       withdrawal (interest rates are subject to change for 2013-2014).
11. Why hasn't my aid been credited to my student account?
      Your file is not complete. You can look at your Campus Web account
       or contact our office at 828-771-2082 to find out what forms you still
       need to submit to complete your financial aid file.
12. I’ve received a scholarship from an outside source! Do you need
       a copy of the award letter?
       Yes--please forward a copy to the Financial Aid office as soon as
       possible. Congratulations!
13. Does WWC match Americorps awards?
       No, we are unable to match Americorps.
14. I’m expecting a financial aid refund. Can I use this money to
       buy my books?
       If you are due a refund, it will not be made available to you in time!
       Do not rely on anticipated refunds to purchase your textbooks.
15. I am taking a Leave of Absence (LOA) through Warren Wilson
       College for the upcoming semester. How does this affect my
       financial aid?
       By taking a formal LOA through the Registrar's Office, you are
       eligible for honor/merit scholarship renewal if you meet the
       requirements specified in your original scholarship award
       letter. You will need to reapply for financial aid by filing the
       FAFSA for the academic year applicable to the semester of
       your return. An additional benefit of taking an LOA is
       pre-registering electronically with your class.
    * If you have borrowed any educational loans (Federal Direct,
       Federal Stafford, or private loans) while enrolled, when
       you begin an internal WWC LOA your six-month repayment
       deferral (grace) period will begin!
16. I have fewer dollars in savings than I did when I filed the FAFSA.
       May I up-date my assets?
       No, the reported assets provide a "snapshot" of your financial
       situation on the day that you filed the FAFSA.
17. When do I have to begin repayment of my student loans?
       You have a 6-month deferral (grace) period following graduation
       or withdrawal. If you fall below half-time enrollment, your grace
       period will begin.
18. How do I request an official tax transcript from the IRS?
        Click here to find out how to request an official tax transcript.