Financial Aid Policy

Graduate students accepted into a degree program may apply for financial aid by contacting the Student Financial Services Office in the Student One Stop Center. Non-degree students are not eligible to apply for financial aid funds.

Financial Aid Application Process

All need-based financial aid is determined by the filing of the free application for Federal Student aid ( FAFSA). This system ensures consistency and fairness in awarding financial aid to students with genuine need regardless of race, color, creed, sex, or national origin. Because funds are limited, early application ( as soon as October 1st as possible) is essential. The FAFSA maybe completed electronically on the U.S. Department of Education's website www.studentaid.gov. A new student must be accepted as a degree seeking student to Wilmington College before financial aid can be offer can be determined. When a student's financial aid file is complete, the student one stop center will determine the student's eligibility for grants, work on-campus, and loans. A Financial aid offer notification is sent to the students' Wilmington College email account, if the student qualifies for financial aid. 

Payment of Tuition and Fees

Three-month, four-month, and five-month payment plans are available. Students are encouraged to contact the financial aid office to schedule an appointment. For more information contact the bursar’s office at 937-481-2413.

Refunds (Add the refund policy from pg. 22 of undergraduate hb)

Schedule Changes:

Main Campus refund policy for dropping a class but not a complete withdrawal: (This policy applies to those students registered for less than 12 or more than 18 hours)

Drop Date                                Tuition Refunded                      Room/Meal Plan Refunded

During Drop/Add                     100%                                        100%

After D/A to 14 days                75%                                          0%

From 15 to 28 days                  25% After 28 days                    0%

 

Withdrawal or Leave of Absence from Wilmington College

Students who withdraw, take a leave of absence, or stop attending all classes at Wilmington College will receive refunds for tuition and room according to the following schedule:

From the first day of class up to and including the fifth day of class                100% refund

From the sixth day of class up to 10% period of time (calendar days)               90% refund

After 10% and up to 20% period of time (calendar days)                                   80% refund

After 20% and up to 30% period of time (calendar days)                                   70% refund

After 30% and up to 40% period of time (calendar time)                                    60% refund

After 40% and up to 50% period of time (calendar days)                                   50% refund

After 50% and up to 60% period of time (calendar days)                                   40% refund

After 60% period of time (calendar days)                                                          No refund

Students who withdraw before the 60% period of time will have a percentage of their financial aid returned by the school and possibly by the student to the appropriate programs(s). The amount of Title IV aid (other than Federal Work Study) to be returned is equal to the total Title IV aid that was disbursed for the semester multiplied by the percentage of the term not attended.

If a portion of a refund remains after returning funds to the appropriate program(s) from which the student received assistance or if the student owes a repayment of non-institutional funds and if there are unpaid charges owed to Wilmington College, the College will automatically credit the student account with this remaining refund amount.