Financial Aid for New WJC Applicants

Messages & Important Dates

• 01/01/13 - The 2013-2014 FAFSA will become available
• 03/01/13 - Jewell's Priority Deadline for FAFSA submission
• 04/01/13 - Missouri's Deadline for State Grant Consideration
• 05/01/13 - National Commitment Day
• 07/15/13 - Financial Planning Form deadline (will be provided to you on Cardinal Day)
• 08/01/13 - Loan Application deadline

William Jewell strongly encourages all students to apply for financial aid. Whether your family has one income or two, we encourage you to make submitting a FAFSA a priority. Through a collaborative effort and a combination of institutional funds, federal and/or state funds and family contribution, you'll find that a distinctive education is affordable.

While each financial aid package is determined according to the specific needs and qualification of each student, William Jewell works with prospective students to ensure that eligibility for all forms of assistance are carefully considered.

2013 Applicant Process

Step 1 of 3:  Apply for Admission

Step 2 of 3:  2013 WJC Scholarships

Step 3 of 3:  Complete the FAFSA   

Important Financial Aid Award Information

William Jewell College has an awarding philosophy that is based in fairness and provides each family with the College's best financial aid package at the outset of the process. Each package is based upon the information provided to the College by the family and based upon the awards for which the student is eligible. 

Institutional grants and scholarships may not exceed the cost of tuition unless NCAA regulations permit.

Being recommended for an award by a particular program does not guarantee that the grant/scholarship will be awarded in full or in part.

Many grants and scholarships require the student to sign and adhere to a contract of commitment to the particular major/program. This contract requires the student to participate in order to maintain the grant/scholarship. Students who fail to participate at the expected level may be subject to the loss of that particular award.

During the academic year, your William Jewell College financial aid scholarship/grant may be renamed to recognize the donor who has provided funds to support your education.

Should a Federal or State need-based grant increase during the award year, there will be a corresponding decrease in William Jewell College need-based grant funding.

Financial aid proceeds will be applied against all student charges including tuition, fees, room and board shown on the student account. In addition, financial aid proceeds will be applied to cover allowable charges other than tuition, fees, room and board unless the student (or parent as the borrower of a Federal Parent Loan) provides the William Jewell College Business Office a statement in writing requesting these other charges not be paid with financial aid proceeds. This written request will take effect on the date that the Business Office receives it and is not retroactive.

 Verification

The U.S. Department of Education randomly selects FAFSAs for a process called verification. Verification is not a penalty, but a process that simply checks the accuracy of a student's FAFSA for eligibility purposes by requiring you to submit financial documents used on the FAFSA to the college's financial aid office for review. These documents may include your IRS Tax Transcripts and W-2's, other supporting income statements, and the WJC Verification Worksheet(s).

Unusual Circumstances

Jewell understands that every students family financial situation is different. These situations often times are not represented on the FAFSA and the school can review these situations on an individual basis to determine if you may qualify for additional assistance. By submitting the Financial Aid Application Supplement you are notifying the college that your family's financial situation has changed. Upon review of certain financial documents, we will determine if a financial aid adjustment is feasible. The 2013 supplement will be available in March but you may inquire about changes to your FAFSA with the financial aid office at anytime.

WJC Payment Plan

A tuition payment plan exists for students and families to spread the out of pocket expenses for tuition, fees, room and board over a four month period each semester. A work payment plan also exists for students with on-campus employment. For more information click here.

3-Year Baccalaureate Program

The 3-year baccalaureate program offers students an opportunity to pursue their educational goals in a year-round plan. In recognition of this format a number of financial aid programs may accommodate this scheduling arrangement. Full-time students may qualify for institutional scholarships and grants on the basis of academic, talent, and need as offered through the traditional four-year program; however, they will be offered for fall and spring semesters only (summers excluded).

The Free Application of Federal Student Aid (FAFSA) is the universal application that colleges use to determine eligibility for many federal and state financial aid programs. In fact, all Federal aid programs require the completion of the FAFSA. Students may qualify for a number of financial aid programs including the following; however, they will be limited to fall and spring disbursements and will be awarded subject to Federal regulations and funds availability.

• Federal Pell Grant (any unused portion may be used for summer)
• Federal SEO Grant
• Federal Perkins Loan

Some state financial aid programs require the filing of the FAFSA for determination of eligibility. Students are encouraged to file the FAFSA to optimize their award opportunities. The most common state aid programs include the following which are subject to full-time enrollment status and are available for fall and spring semesters only to qualified applicants:

• Access Missour Grant (FAFSA deadline of April 1 annually)
• Missouri Higher Education Academic Scholarship (Bright Fligh) - FAFSA not required

Students may qualify for Federal Work Study development upon financial need and funds availability on a year-round basis. In addition, the Federal Direct Loan programs which include Federal Subsidized Loan, Federal Unsubisidized Loan, and Federal Parent Loan (PLUS) will be structured according to a borrower-based academic year. This will allow borrowers the flexibility of annual loan limits that correlate to their enrollment plans. 

Private loans offer students an opportunity to bridge the gap between cost of program and limited sources of financial aid and their personal resources; however, they are not backed by the Federal government and have fewer borrower protections. Students are encouraged to compare these non-Federal loans as interest rates and borrower benefits may differ significantly. These loans are credit-based and many require co-endorsers.

Finally, students may seek scholarships that are not funded by the college, state or Federal governments. These outside scholarships will be varied in amount and eligibility criteria. While they can be labor-intensive to locate, the ability to secure one or more may serve to reduce your out-of-pocket expense for college. Even with a program that is reduced to three years of direct costs such as tuition and fees, room and board, there are indirect costs such as books and supplies, transportation, and personal expenses to consider.