Financial Services

FINANCIAL AID FINANCIAL AID

Dollars and sense

Navigate your best fnancial path! For the most current information, please visit fnancialaid.wfu.edu/helpful-visit fnancialaid.wfu.edu/helpfulresources/new-deacs resources/new-deacs. .

Improve Your Financial Knowledge & Financial Wellbeing! Financial Wellbeing! Good Stuf for Aid Recipients

Visit thrive.wfu.edu/dimensions/fnancial-2/ for information about making informed fnancial decisions throughout your college years and into your professional life.

FINANCIAL AID FINANCIAL AID Website: fnaid.wfu.edu Phone: 336.758.5154 Email: fnaid@wfu.edu

MAILING ADDRESS MAILING ADDRESS P.O. Box 7246, Winston-Salem, NC 27109 LOCATION LOCATION Reynolda Hall 4 Monday-Friday: 8:30 a.m.-5 p.m. SOCIAL SOCIAL

WAKE FOREST UNIVERSITY FINANCIAL AID @WFUFINANCIALAID

Good Stuf for Aid Recipients

Check your Financial Aid Portal – Act now to make sure your aid is all set (accept/ decline loans and work-study, complete loan promissory note and entrance counseling, submit work-study placement survey and complete federal verifcation requirements). We can help you cut through the red tape. Finaid@wfu.edu is a friend — Check your WFU email account regularly. You won’t receive any spam from fnaid@wfu. edu, only important information to ensure maximum aid eligibility and timely receipt of funds. Please help us to help you by responding without delay. Federal Work-Study — It’s not like other aid programs. It’s a real paycheck to help with daily expenses during the year. It’s not available to pay upfront charges like tuition, housing and meal plans. So, your student account (DEAC) statement will not include estimated Federal Work-Study earnings.

Spend Wisely — Aid eligibility is based on “modest but adequate” standard estimates of expenses. Don’t overspend on a meal plan that you might not fully need. Consider used or rented textbooks. Access free entertainment. Use free or low-cost transportation. Get local discounts. Find other tips. One, Two, Three, Four — Tip: Create a calendar reminder now for the next three years. Aid eligibility is an annual process. Returning students must reapply for need-based aid each year by February 1. When a family’s fnancial circumstances change, aid eligibility also changes. (For example, if fewer siblings will be enrolled as undergraduate students in college in future years, then the remaining enrolled student’s aid eligibility will likely be reduced for those years.) Use the Net Price Calculator to project your likely future aid eligibility if you anticipate such changes. Report Your Outside Scholarships Now — Let us know if you have received (or expect to receive) a scholarship from any source that is not already included in your current fnancial aid record at Wake Forest.

Current merit scholarship recipients with any questions should visit Wake Forest Scholars. Athletic scholarship recipients should contact Athletics Compliance at 336.758.3992 with any questions. Taxes — Are scholarships taxable? Am I required to fle a tax return? Find answers. Veterans Education Benefts — If you are planning to use VA Education Benefts, please send your Certifcate of Eligibility (COE) letter to the VA Certifying Ofcial. RDS — Complete the Residency Determination Service online interview if your aid notifcation includes the North Carolina Need-Based Scholarship or other state aid. Summer School Aid — Student Financial Aid does not provide scholarship assistance for summer study. Information for Aid Recipients — Learn about your responsibilities as an aid recipient and other important information.