How to Apply for Financial Aid
Financial assistance decisions are made on the basis of financial need, satisfactory academic progress, and the availability of funds. In order to determine your financial need, you must file the Free Application for Federal Student Aid (FAFSA) each year to determine eligibility. This form can be completed online any time after October 1st. In order to complete this form a student must apply for an FSA ID and in the case of a dependent student the parent completing the FAFSA must apply for an FSA ID as well. Students who applied for financial aid the previous year can complete a Renewal FAFSA for the next academic year. The Renewal FAFSA has most of the information preprinted from the previous year. Students must update the information that has changed such as income, assets and other related changes if necessary. Wentworth’s priority filing date is May 1 for returning students; and March 1 for new students.
FAFSA is used to determine your eligibility for all need-based financial aid offered by Wentworth. New students who meet Wentworth’s priority filing date can expect to receive a financial aid package in the months of March and April. Returning students who meet their priority filing date will receive a financial aid package in the months of May and June.
General Eligibility Requirements
In order to be eligible for any of the Federal Aid programs a student must:
- Be a US citizen or eligible non-citizen
- Be admitted to an eligible program
- Be registered with The Selected Services if male between the ages of 18 and 25
- Not owe a refund or a grant or be in default status on any federal student loan
- Not have borrowed in excess of the annual aggregate loan limits
- Have financial need as determined by the federal formulas and need analysis guidelines
- Be Enrolled at least half time (6 credits) for Federal Direct loans per semester
- Maintain Satisfactory Academic Progress (SAP). See requirements.
International students are not eligible for federal financial aid, but may be eligible for a limited number of merit scholarships.