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THE 2024-25 FAFSA IS HERE

The Department of Education has launched the overhauled 2024-25 FAFSA!! Students should be able to complete FAFSA applications and any necessary corrections at any time. NOW is the time to go to https://studentaid.gov to complete and submit your 2024-25 FAFSA and get prepared for the Fall 2024 semester. WCCCD’s school code is 00923000.

THE 2023-24 AWARD YEAR IS WINDING DOWN!!

Time has flown by! Summer 2024 registration is underway. Financial Aid students that are planning to enroll for Summer semester will need to submit a 2024 Summer Financial Aid application if you did not attend WCCCD for both the Fall 23 and Spring 24 semester. Be mindful that Guest students are not able to receive Title IV aid at WCCCD for the Summer semester. The Summer Federal Work Study Application is also available. Both forms can be found on our website at Financial Aid Forms. Students interested in applying for a student loan for Summer can access the Loan Request on WCCCD Student Forms until June 15th.

As always, it is extremely important that you monitor your Web-Gate, WCCCD Student Forms and email accounts on a regular basis to remain informed of any communication or requests from the District Financial Aid Office. As the award year comes to a close, check all of your student requirements on both portals to ensure that you have submitted all documents and received all expected disbursements. The deadline to submit documents for the 2023-24 award year is July 15th. No documents will be accepted beyond this date for the 2023-24 award year.

SATISFACTORY ACADEMIC PROGRESS

The annual review of Satisfactory Academic Progress (SAP) will take place after grades are posted for the Spring 24 semester. Your Fall 2024 SAP status can be located on Web-Gate and is also included on your award letters. SAP is also reviewed at the end of every semester for students that are either currently enrolled in a certificate program that is 1 year or less in length or currently on an Academic Plan or Probation status. Remember!! If you choose to utilize your book voucher prior to receiving your updated SAP status, you may be responsible for those charges if your financial aid eligibility is denied or terminated due to SAP. Once SAP requirements are posted, complete your form, see an advisor to obtain your plan of work and compile your supporting documentation for submission as soon as possible to ensure that you receive a timely SAP decision. We cannot review your SAP Appeal until ALL 3 components have been received. ALL SAP APPEALS MUST HAVE SUPPORTING DOCUMENTATION SUBMITTED. Appeals that are incomplete (not containing the form, plan of work and supporting documentation) will be denied. You may review the complete details of WCCCD’s Satisfactory Academic Progress policy on our website at wcccd.edu> Financial Aid > Satisfactory Academic Progress.

STUDENT LOAN ACKNOWLEDGEMENTS ON WEB-GATE

Starting in the 2022-23 award year, borrowing students are requested to complete the Annual Student Loan Acknowledgement to learn more about loans, responsibilities of borrowers, repayment, budgeting and much more. This information is provided in place of the previous Financial Awareness Counseling requirement.

ELIMINATION OF SUBSIDIZED USAGE LIMITS FOR DIRECT LOANS

Part of the FAFSA Simplification Act repeals the 150% Subsidized Usage Limit Applies (SULA) requirements. The repeal is effective for all Direct Loans first disbursed on or after July 1, 2021. It is not limited to new borrowers.

SULA still applies to Direct Subsidized Loans first disbursed before July 1, 2021, but the U.S. Department of Education will retroactively restore the subsidy and remove accrued interest on the older loans, even if those borrowers don't borrow again.

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The District Financial Aid Department assists students in securing the funds necessary to pursue their educational goals at Wayne County Community College District. We are committed to meeting the needs of a diverse student body in a multi-campus environment by providing quality customer service in a timely manner through advanced technology and a knowledgeable staff.

Financial Aid TV is now available for your mobile device.

Documents Submission Deadline

Fall Loan Request - October 31st
Spring Loan Request - April 1st
Summer Loan Request - June 15th
All Other Financial Aid Documents - July 15th

HELLO BORROWING STUDENTS!

The Student Loan Management Center objective is to inform and provide support for students who borrow. We want to provide the tools and resources necessary to assist students with avoiding loan default. Students should review and accept Loan Terms & Conditions to remain informed. This requirement can be completed through Web Gate under the student requirements tab.

STUDENT LOAN REPAYMENT HAS RESUMED

Congress passed a law preventing further extensions of the payment pause. Student loan interest resumed in September, 2023 and repayments resumed in October, 2023. Remember that student loans MUST BE REPAID. Avoid going into default status by contacting your loan servicer or logging on to https://studentaid.gov to review the many affordable repayment options that are available. Failure to repay student loans may result in wage garnishments, reduction of your credit score and other negative consequences.

 
 
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