Page 1

Financial Aid A Guide for How to Apply for Undergraduate Scholarships and Need-Based Grants

Washington and Lee University will provide over $49 million

grants and scholarships

in

this year, making it possible for many students to attend who would otherwise be unable to do so.


What You Should Know: The W&L Financial Aid Program Our mission is to make a W&L education affordable for all admitted students. All first-year applicants, including domestic, international and undocumented students, are eligible and encouraged to apply for our university need-based grants and merit scholarships. Washington and Lee University will

meet 100 percent of your demonstrated need entirely through scholarships and grants and $2,000 in student employment. ■

OUR NO-LOAN COMMITMENT We award institutional, federal and state grants plus $2,000 in student employment to meet your need as calculated by our office. No loan will be offered to meet any part of your demonstrated need. Federal loan eligibility for the student and parent is offered as an option to cover the family’s contribution.

■ GRADUATE DEBT-FREE

Our generous grant packages meet the demonstrated need of our aid applicants and only a fraction of our families choose to take an optional loan to cover the family contribution. Over the past five years, an average of 67 percent of our undergraduates graduated debt-free.

THE W&L PROMISE Any admitted undergraduate from a family with income be­low $100,000 and assets typical for their income will receive at minimum a grant equal to full tuition. Many will receive additional grant to pay for other W&L expenses.


THE JOHNSON SCHOLARSHIP PROGRAM

W&L awards tuition, room and board scholarships each year to up to 44 of the most exceptionally qualified students regardless of their family’s circumstances. Each Johnson scholar also receives financial support for summer opportunities such as internships, research and independent projects.

OUR PARTNERSHIP WITH QUESTBRIDGE QuestBridge is an organization that connects the nation’s brightest students from low-income backgrounds with leading institutions of higher education. For complete details, please visit our QuestBridge website at www.questbridge.org/college-partners/washington-and-lee-university VETERANS AND YELLOW RIBBON W&L is a strong supporter of veterans and the Veterans Administration educational programs, including Yellow Ribbon and tuition assistance.

MERIT APPLICATION DEADLINE

December 1, 2019: Johnson Scholarship To be considered for any form of merit scholarship, students must complete the Common Application for admission and the Johnson Scholarship supplement.

W&L NEED-BASED GRANT DEADLINES

December 1, 2019: Early Decision I January 15, 2020: Early Decision II February 15, 2020: Regular Decision

AWARD NOTIFICATION DATES

December 13, 2019: Early Decision I February 1, 2020: Early Decision II April 1, 2020: Regular Decision

SPECIAL CIRCUMSTANCES Families are encouraged to notify the Office of Financial Aid with any concerns that are not addressed in the application materials. Typically these are situations that limit the family’s ability to pay for education such as unemployment, lack of contact with the non-custodial parent, serious illness, or bankruptcy. Please see our Forms page on the Financial Aid website for the form specific to your situation.


Submitting Documents to W&L Families may submit documents using one of two methods:

Secure W&L online upload: go.wlu.edu/aid-upload Mail to: Office of Financial Aid Washington and Lee University 204 West Washington St. Lexington, VA 24450-2116

For your own security, we do not accept documents as email attachments or by FAX. Additional information may be found at our website: financialaid.wlu.edu. W&L does not participate in the IDOC process.

Monitor Your Status Online Prospective students can monitor the status of their Financial Aid application online by logging in to the Admissions GHQ page using the username and password provided by the Office of Admissions. After logging in to the GHQ, students should navigate to the Financial Aid tab. All financial aid documents currently required of the student will be listed along with a status of Awaiting or Received. Most documents can be uploaded electronically to our site. To do so, click the Document title or Upload button at the bottom of the checklist. You will be prompted to navigate to the document’s location on your computer so it can be uploaded to our website.


W&L Academic Year 2020–2021 Financial Aid Application Checklist THE W&L NEED-BASED GRANT APPLICATION Evaluation and awarding of university grant requires the submission of a complete Financial Aid application by the relevant deadline. You can also find complete details on how to apply for W&L financial assistance at financialaid.wlu.edu. A complete W&L need-based grant application requires the submission of the following documents:

❏ Step 1: Complete and submit the 2020–2021

CSS Profile at profileonline.collegeboard.com ◗ W&L

School Code: 5887

◗ If

your parents are divorced, separated or unmarried, then each parent will need to submit a CSS Profile. The CollegeBoard will provide guidance on this process after you begin the CSS Profile application.

❏ Step 2: 2018 Parent and Student Federal Tax Returns ◗

Include W2s and all relevant schedules, such as A, B, C, E, and/or F.

2018 federal tax returns for businesses and corporations including all schedules, K-1s, etc., if applicable.

If your parents are divorced, separated or unmarried, both parent’s tax returns, business returns (if applicable), and all relevant schedules are required.

A W&L non-filer form (located on our Forms page) should be submitted in place of the federal return if the parent and/or student is not required to file a federal return.

Submit all returns directly to the W&L Office of Financial Aid. (See section on “Submitting Documents to W&L.”)

❏ Step 3: Complete and submit the 2020–2021 Free Application for Federal Student Aid (FAFSA) ◗

W&L School Code: 003768

◗ The FAFSA is the only application required for receiving federal grants, loans and/or federal work-study.


OFFICE OF FINANCIAL AID Washington and Lee University 204 West Washington Street Lexington, VA 24450-2116 Phone: (540) 458-8717 E-mail: financialaid@wlu.edu Web: financialaid.wlu.edu

OFFICE OF ADMISSIONS Washington and Lee University 204 West Washington Street Lexington, VA 24450-2116 Phone: (540) 458-8710 E-mail: admissions@wlu.edu Web: admissions.wlu.edu

www.wlu.edu | financialaid@wlu.edu | (540) 458-8717 Stay connected | @wluadmissions | #WhyWLU Washington and Lee University does not discriminate on the basis of race, color, religion, national or ethnic origin, sex, gender identity, gender expression, sexual orientation, age, disability, veteran’s status, or genetic information in its educational programs and activities, admissions, and with regard to employment. See complete statement at go.wlu.edu/eeo.

Profile for Washington and Lee University

W&L How to Apply for Financial Aid  

W&L How to Apply for Financial Aid  

Profile for wlumag