Frequently Asked Questions
Q. What types of financial aid does Wheelock College offer?
A. Wheelock College offers three types of financial aid for Graduate Students:
1. Merit Scholarships (awarded through admissions)
2. Federal Loans
Q. What forms do I need to do to apply?
A. Filing the FAFSA is the first step toward receiving financial aid. You must also fill out the Wheelock College Graduate Aid application available on the welcome page for Graduate Student Financial Aid under How to Apply. Occasionally Wheelock will need to request additional documents such as copies of Federal Tax Return Transcript or the Verification Worksheet for Independent Students.
Q. What happens after I complete the FAFSA?
A. Your information is processed by a central processing center and data is sent electronically to the schools that you select, as well as to state grant programs. You will receive a SAR (Student Aid Report) via e-mail if you apply online, or via mail if you file the paper version. The SAR is a summary of what you reported on the FAFSA. It is your responsibility to look this over very carefully and review it for any possible problems or errors.
Q. What happens if I am selected for verification on my FAFSA/SAR?
A. If you are chosen for verification on your FAFSA/SAR an independent student must submit a completed copy of the Verification Worksheet for Independent Students as well as a copy of your 2011 Federal Tax Return Transcript.
Q. When should I receive my financial aid award from Wheelock College?
A. The Office of Financial Aid will offer financial aid awards to continuing graduate students after June 1, 2012. Incoming graduate students received their awards on a rolling basis starting in April.
Q. Does Wheelock College need any tax documents to determine my eligibility for financial aid?
A. In most cases the FAFSA is enough to determine your eligibility. In some instances students will be selected for verification by the government, and additional documentation will be required. In this scenario we will generally request copies of your Federal Tax Return Transcripts and a completed signed copy of the Verification Worksheet for Independent Students.
Q. If there is a credit on my account can I receive a refund?
A. Your aid may result in a credit balance if your billed tuition and fees are less than the amount of aid applied to your student account. If you have a credit balance on your student account after all charges have been paid in full, you may request a refund from the Student Accounts Office. Normally, credit balance refunds are available approximately 10 business days after a credit balance occurs, refund checks can be picked up in the student accounts office or can be mailed to your permanent home address.
Q. Does changing my enrollment plans affect my financial aid?
A. Your financial aid award is based on your intended enrollment. Most aid programs require that you enroll at least half-time (5 credits) in a semester in order to receive aid for that semester. Changes in your enrollment can affect the amount of aid you may receive, and the periods of time you may be eligible to receive it. If you change your plans, please notify the Financial Aid Office in writing or by email of your new enrollment plans. We will review your current eligibility and make any necessary changes.
Q. I'm receiving tuition reimbursement from my employer or a private scholarship. Will it affect my financial aid?
A. Private resources, such as tuition reimbursement, tuition vouchers, and private scholarships are resources towards education and must be reported to the financial aid office. Your total resources toward education cannot exceed the budgeted costs for education, including tuition, fees, and living expenses. Please notify the Financial Aid Office in writing or by email of any aid received from outside resources. We will review your current eligibility and make any necessary changes.
Q. If I have any questions regarding the financial aid process who should I contact?
A. You should contact the Office of Financial Aid at 617-879-2443 or email email@example.com.