Financial Aid - Grants, Scholarships, and Loans

FAFSA QUESTIONS

 
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Financial Aid 101

Here at Wayland Baptist University's Office of Financial Aid, we know that you may have many federal financial aid or FAFSA application questions that need answering. To that end, our staff has created this helpful FAFSA Questions and Answers page to answer any FAFSA form questions you may have

If your FAFSA questions are not answered here, our staff at Wayland Baptist University's Office of Financial Aid is always happy to help you find the answers to any FAFSA questions, assist with a financial aid application, or provide FAFSA help of any kind. Call us, stop by while you are on campus, or simply contact us by mail or Email Financial Aidand put FAFSA questions in the subject line. We will get back to you as soon as we can!

Wayland Baptist University
Office of Financial Aid
1900 W 7th St., CMB #1266
Plainview, TX 79072
Email Financial Aid
806-291-3520
800-588-1928

You can also find answers to your FAFSA questions at the main FAFSA website, http:// www.fafsa.ed.gov/. Remember that you will also need to apply for a FSA ID to be able to digitally sign your online FAFSA submission if you have never done so.

 

Frequently Asked Questions and Answers

Q: What is an EFC and what determines financial need?

Q: Am I considered an independent student if my parents don't claim me on their federal tax return and I do not live in their home?

Q: Why does Wayland require submission of tax documents when I have already submitted the information on the FAFSA?

Q: I think I have some special circumstances in my family. Are these considered in determining my financial need?

Q: If I am interested in WBU's Student Employment program, where do I start?

Q: Can international students work on campus with the Student Employment program?

Q: What is WBU's Academic Year?

Q: Is the FAFSA all I have to do to be awarded federal and non-federal aid?

Q: Is there a deadline on submitting WBU financial aid forms and documents?

Q: How long does it generally take for my financial aid form and paperwork to be processed?

Q: Once I complete the financial aid application process and I am awarded, how long will it be before my funds come in?

Q: What are the rights and responsibilities of a student at Wayland Baptist University?

Q: As a student, what policies and procedures regarding financial aid should I know about?

Q: What information will I need in order to complete my loan award?

Q: What happens to my loan awards if I change my enrollment status?

Q: How often do I need to complete the financial aid application process?

Q: How does SAP (Satisfactory Academic Progress) affect my student aid?

Q: How do withdrawals or "F's" affect my loans and grants, and could they cause me to lose it?

Q: What can I expect as far as cost of attendance at WBU?

Q: Am I eligible for the Tuition Equalization Grant?

Q: Can I receive aid to study abroad?

Q: What if federal and/or state aid is not enough to cover my educational costs?