FEDERAL AID

In order to determine federal aid eligibility, student’s must complete the FAFSA and all required WBU financial aid applications.  When the school receives the determination concerning the student’s eligibility, the school can then award the student based on this information.  The following links thoroughly detail the federal aid available at WBU.

Pell Grant

Awarded to undergraduate students based upon financial need, the costs to attend school, your status as a full-time or part time student and your plans to attend school for a full academic year or less. Submission of FAFSA and all WBU financial aid applications and supporting documentation is required in order to be awarded such funds. See above link for more info on the Pell grant.


The National Science & Mathematics Access to Retain Talent Grant (National SMART Grant)

Available to 3rd and 4th year full time undergraduate students receiving Pell Grant and majoring in physical, life or computer sciences, mathematics, technology, or engineering or in a foreign language critical to national security. Students must maintain cumulative GPA of at least 3.0 in coursework to maintain eligibility. SMART funds are self-diagnosed so please see our offices if you feel you may be eligible for such funds. See above link for more info on the SMART grant. Submission of FAFSA and all WBU financial aid applications and supporting documentation is required in order to be awarded such funds.

Academic Competitiveness Grant (ACG)

Available to 1st and 2nd year full time undergraduates who have completed a rigorous high school program after Jan 1, 2006.   (As determined by state and recognized by Secretary of Education)  To be eligible, a student must be receiving Pell grant and the FAFSA  will notify University of possible eligibility.  2nd year students must maintain a cumulative GPA of at least 3.0.  See above link for more info on the ACG grant. Submission of FAFSA and all WBU financial aid applications and supporting documentation is required in order to be awarded such funds. 


FDLP Stafford Loans

Student’s indicating interest in loans will be awarded such funds upon completion of their financial aid file.  WBU prorates funds based upon terms of enrollment.  A student’s loan eligibility will be adjusted according to hrs of enrollment, EFC determined by the FAFSA, cost of attendance and other aid received such as grants, scholarships, VA, TA, Employer tuition assistance, vocational rehab benefits etc… 

Once a student is notified of loan eligibility through the award notification the student will need to complete the loan award on-line by signing the Master Promissory Note (MPN) at www.studentloans.gov.  Funds will not be disbursed until all documentation to complete the student’s file is received and Loan Entrance Counseling session is completed at www.studentloans.gov.

Learn more about Federal student loans by consulting the WBU Financial Aid pages and the US government tips regarding PLUS Loans

Parents of dependent students (determined by FAFSA) can consider borrowing a PLUS loan to help cover educational expenses.  Parents may complete a pre-approval process found at www.studentloans.gov which determines eligibility based upon credit history.  Yearly limit is determined by cost of attendance minus all other awarded aid.  First payment for the PLUS is general due within 60 days after loan is fully disbursed.  Under certain circumstances parents can receive deferment on their loans by contacting their lender.  Denial of a PLUS loan may result in additional Unsubsidized Stafford loan eligibility for the student.


Federal Work-Study


Borrower Responsibilities & Rights

Military Tuition Assistance and Veterans Benefits

TA and VA are not handled directly through the Office of Financial Aid.

Students with questions regarding TA should contact the Business Office at 806-291-3445 or the campus you plan to attend.

VA benefits might include the following VA chapters:  30, 31, 33, 34, 35, 1606, and 1607.  Please contact your regional VA Office for eligibility information.

VA benefits are certified through the Office of the Registrar.  Please feel free to contact the Office of the Registrar with any questions at 806-291-3470 or the campus you plan to attend.

Hinson-Hazelwood Act

Because Wayland Baptist University is a private institution, we do not participate in the Hinson-Hazelwood Act.