Here are some of the most frequently asked questions we receive regarding financial aid. If you have a question that is not answered here, please contact the financial aid office at (570) 408-2000 or email@example.com.
There is no income cutoff to receive federal financial aid. The only way to determine eligibility is to apply. Based on your information on the Free Application for Federal Student Aid (FAFSA), the U.S. Department of Education will determine your eligibility. For more information about eligibility criteria, visit www.studentaid.ed.gov.
Everyone who applies for financial assistance is eligible for a federal loan. Even if your family doesn’t qualify for need-based assistance, you may be eligible for merit-based scholarship assistance.
Our Title IV Code is 003394. You must enter this code when completing the FAFSA application so that we receive the data to calculate your financial aid award.
EFC stands for Expected Family Contribution. The EFC is calculated using a formula that takes into account income, assets, family size, number of students in college and other factors. Wilkes uses the EFC to determine your financial aid award, but it is not the amount of money you will have to pay out of pocket to attend.
Although you must apply for federal aid each year, as long as you make satisfactory academic progress and your family’s financial situation doesn’t change significantly, you can expect to receive at least the same amount each year.
In the event of an unfortunate circumstance such as the loss of employment, illness, death or divorce, we will work with you to allow you to continue your education at Wilkes. Contact the financial aid office immediately if there is a change in your family’s financial status. In some cases, you may be eligible for additional assistance.
Yes. If you’re a transfer student, you should follow the procedures to apply for undergraduate financial aid.