To receive Wentworth and/or federal aid, you must:
-
have a complete application
for financial aid on file at Wentworth.
-
demonstrate financial need, except for some loan programs.
-
be admitted or enrolled in a
degree program and be taking at least 6 credit hours per semester (Federal
Pell Grant requires only 3 credit hours per semester minimum).
-
be a U.S. citizen or
eligible non-citizen.
-
have a valid Social Security
Number.
-
be making satisfactory
academic progress.
-
be registered with Selective
Service.
-
not be in default on a
student loan or owe a refund or federal aid at any institution.
-
sign a statement on the FAFSA certifying that you will use federal
student aid only for educational purposes.
Satisfactory Academic Progress
To be considered for financial aid, you must meet the following criteria:
Satisfactory Academic progress is determined by both qualitative and
quantitative measurements. After the completion of two semesters students
must have an overall institutional cumulative grade point average of 1.75 or higher.
After completing four semesters students must have an overall
institutional cumulative
grade point average of 2.00 or higher. In addition, all students must
complete, with a passing grade, at least 66% of all courses attempted. If
a student withdraws from a course after the end of the add/drop period for
the given semester, those credits will be considered attempted. All credit
bearing courses, taken at Wentworth, will be considered regardless of
change in major. To regain eligibility for financial aid a student must
complete course work that will bring them up to the above listed
standards. Additional information regarding Satisfactory Academic Progress
is available through the financial aid office.
Financial Need
The Office of Financial Aid awards financial aid to students who
demonstrate financial need (except for Unsubsidized Direct Stafford Loans
and all PLUS Loans). When you complete the FAFSA, the information you
report is used in a formula, established by the U.S. Congress, that
calculates your Expected Family Contribution (EFC). An EFC is the amount
you and your family are expected to contribute toward your education.
There isn't a maximum EFC that defines eligibility for other financial aid
programs. Instead, your EFC is used in an equation to determine your
financial need:
Cost of Attendance
- Expected Family Contribution (EFC)
= Financial Need
Each school determines its own Cost of Attendance. This figure includes
tuition, fees, travel expenses, books, living expenses, and personal
expenses. The amount will vary depending on whether you plan to live on
campus or commute from home. Because each school has a different cost of
attendance, your financial need will vary from school to school.
Please note: that the demonstration of need is neither an offer nor
a guarantee of financial aid. The amount of resources that Wentworth has
available will also play a role. Your own and your family's resources, to
the extent possible, are utilized first in meeting your college expenses.
