theundergraduateschoo ls - Wake Forest University

Scholarships and Loans
ANY STUDENT REGULARLY ADMITTED
TO WAKE FOREST COLLEGE WHO
DEMONSTRATES FINANCIAL NEED WILL
RECEIVE ASSISTANCE COMMENSURATE
WITH THAT NEED.
By regulation of the Board of Trustees, all
fi nancial aid must be approved by the Committee
on Scholarships and Student Aid. The
fi nancial aid program comprises institutional,
state, and federal scholarship, loan, and work
funds. Aid applicants must be enrolled as
undergraduates or accepted for admission.
Full-time students are eligible to apply for
institutional funds; other degree-seeking
students are eligible to apply for federal funds.
For fi nancial aid purposes, full-time enrollment
is defi ned as twelve or more hours each
semester. A number of scholarships are based
upon merit; need is a factor in the awarding of
most fi nancial aid. The annual calculation of
need, and therefore the amount of an award,
may vary from year to year.
Additional scholarship assistance not listed
herein is offered to student athletes through
the Department of Athletics and is governed
by NCAA rules. The Committee may revoke
fi nancial aid for unsatisfactory academic performance,
for violation of University regulations
including its honor code, or for violations
of federal, state, or local laws. Applications
should be requested from the Offi ce of Merit-
Based Scholarships (P.O. Box 7305) or the Offi
ce of Student Financial Aid (P.O. Box 7246),
Winston-Salem, NC 27109, as appropriate.
S C H O L A R S H I P S A N D L O A N S 36
Policy on Satisfactory Academic
Progress for Financial Aid Eligibility
Evaluation of students’ satisfactory academic
progress for purposes of fi nancial aid eligibility
is made annually at the end of the second
summer session by the Committee on Scholarships
and Student Aid, to determine eligibility
for the following academic year.
Institutional Financial Aid
The receipt of institutionally-controlled fi nancial
aid requires full-time enrollment (twelve
or more hours) during the fall and spring
semesters and a minimum cumulative grade
point average of 2.00 on work attempted in
the undergraduate schools of the University.
Institutional aid generally is not awarded
for summer sessions. Institutional aid is not
awarded beyond the eighth (fall or spring)
semester; this limit is prorated for transfer students.
Certain institutional aid programs have
higher academic and/or other requirements,
which are communicated to recipients.
Federal Financial Aid
The Higher Education Act mandates that institutions
of higher education establish minimum
standards of satisfactory academic progress
for students receiving federal fi nancial
aid. Wake Forest University makes these minimum
standards applicable to all programs
funded by the federal government.
To maintain academic eligibility for federal
fi nancial aid, a student must: