theundergraduateschoo ls - Wake Forest University

students may include children of military personnel
with North Carolina residency status
who live out of state, residents who live near
the state line, or residents who have recently
moved out of state.
Student employment is possible for part-time,
on-campus and off-campus work, for a recommended
maximum of twenty hours per week
for full-time students. Summer employment
may also be available. Interested students
should contact the financial aid office.
Veterans’ benefits are administered by the
Department of Veterans Affairs in the Federal
Building at 251 North Main Street in Winston-
Salem. Records of progress are kept by Wake
Forest University on veteran and non-veteran
students alike. Progress records are furnished
to the students, veterans and non-veterans
alike, at the end of each scheduled school term.
Outside Assistance
Students must advise the financial aid office
if they receive any assistance from outside
organizations, including any local, state,
and national scholarship and loan programs.
Once need is determined and aid is offered
to meet that need, additional aid from any
source must be considered a resource available
to the student. Wake Forest encourages
all students to apply for any outside scholarships
for which they may be eligible; however,
by definition additional resources reduce
S C H O L A R S H I P S A N D L O A N S 56
demonstrated need. The gift portion of an
original need-based package is reduced by
one-half the value of any new outside scholarship
(so that total gift assistance is increased
by one-half the value of the outside aid). The
loan or work portion of a student’s aid is reduced
as required to prevent total financial
assistance from exceeding demonstrated need
(or, in the case of federal loan and work programs,
from exceeding federal aid eligibility).
Recipients of Brown, Carswell, Hankins, and
Heritage Scholarships, and others whose entire
demonstrated need is met with scholarship
funds, have their total awards increased
by one-half the value of the outside scholarship;
the remaining one-half is considered a
student resource in subsequent years. In no
case may the total aid award exceed the cost
of attendance.
Outside scholarship donors should include
the name and social security number of the
intended recipient, as well as the term(s) for
which the scholarship is intended, on the face
of the check. Checks should be made payable
to Wake Forest University (or co-payable to
Wake Forest University and the student) and
sent to the Office of Student Financial Aid,
P.O. Box 7246, Winston-Salem, NC 27109-
7246. Checks delivered by donors directly
to the student should be forwarded by the
student to the financial aid office.