Please take note:
- Most cash scholarships and PACT will pay for courses that are not required for program of study/major.
- Books may be charged at the bookstore beginning the first day of class for all types of aid that cover bookstore expenses. We will publish a day each semester that Pell Grant and Stafford Loans may be used to charge aid.
- Students may check their financial aid at any time by logging on to www.wallacestate.edu. They can look at their financial aid summary at any time by utilizing student services module, by using their student number and PIN code.
- Students who register for classes that do not begin the first day of the regular semester, and those classes change their enrollment status, may not be eligible to receive refund balances until the class has met and attendance has been verified.
- Students who withdraw from all classes are not eligible to receive a balance refund check
Pell Grant
- Students are paid according to amount of money the federal government determined for their eligibility coupled with the number of credit hours they are taking within their program of study/major.
- Pell Grant will not pay for courses not required by the program of study/major.
- Pell Grant will receipt (clear in business office) the entire balance owed by a student.
- Pell Grant will pay for repeated courses.
- Pell Grant will not pay for seasonal items in the bookstore such as mugs, clothing (not required for program), car tags, backpacks, etc.
- Students who withdraw from all classes are not eligible to receive a balance refund check until the Return of Title IV calculation has taken place. The student may be eligible for a post withdrawal disbursement after that calculation has taken place. This process is in the best interest of the student to assure they will only pay back a minimal amount of funds.
- Pell Grant refunds are disbursed 14 days after classes begin (date published in semester schedule.)
- Pell Grant funds must be used before Stafford Loan funds.
Stafford Loan Information
- Student must be enrolled a minimum of half time (6 credit hours) status to receive a loan. Students who are not currently attending (within the past week) prior to loan refunds, are not eligible for a Stafford Loan refund check.
- Students receiving loans for only one semester during an academic year have to have two disbursements. The first is 30 days from the first day of class and the second disbursement is after the term’s midpoint
- Stafford Loans will pay for a repeated course.
- Stafford Loans will not pay for seasonal items in the bookstore such as mugs, clothing (not required for program), car tags, backpacks, etc.
- Stafford Loans will not pay for courses that are not within the students’ program of study/major.
- The first loan disbursement is 30 days after classes begin (date published in semester schedule.)
- Stafford Loan funds pay only after Pell Grant funds have been exhausted.
SEOG/ASAP Information
- Students that qualify on SEOG/ASAP grants will be awarded the same amount of money for dependent and independent students.
WIA/TAA and Vocational Rehabilitation
- Students are required to submit their schedule and grades to their counselor at these state agencies. Students can obtain that information themselves at any time at www.wallacestate.edu.
- Students have a set amount of funding depending on their program of study. If students have questions, they should visit the financial aid office.
Academic Competitiveness Grant
- Must apply for Pell Grant at www.fafsa.ed.gov
- Must be Pell eligible
- Must be a U. S. Citizen
- Must be enrolled in a two/four-year baccalaureate degree program
- Must be enrolled full time
- Must be in their first or second academic year of a two or four-year degree program. (Transfer)
- First -year students must have completed high school on or after January 1, 2009 (Spring 2009 Graduates)
- Second-year students must have completed high school on or after January 1, 2008 (Spring 2008 Graduates)
- All AC Grant students must have completed a rigorous high school program of study (Advanced/Honors Diploma) as designated by their state; and
- For a second-year AC Grant, students must have a grade point average (GPA) from their first year of at least a 3.0 and passed a minimum of 24 credit hours.
Scholarships
Information about in-house scholarships are available online by visiting our website at www.wallacestate.edu/finaid. Outside scholarship information can be obtained at www.fastweb.com.
Attendance
- Students who have not attended class are not eligible to receive a Pell Grant refund. Instructors complete attendance verification electronically at designated times during the semester. Students may be asked to provide signatures of instructors that have turned the student in as not attending. Instructors will NEVER sign an Attendance Voucher if a student has not attended. We attach the AV form to each student’s check when we put the hold on the refund check. The form has a place for the instructor that turned in the student as a “no show” to sign above his/her name. A statement has also been added to the AV for the student to also sign this form. This is in place to prevent forgery. Students who are not currently attending (within the past week prior) half time are not eligible to receive a loan refunds
- Students who withdraw from a class that they never attended must have their financial aid reevaluated to determine the actual amount of aid they are eligible to receive.
Priority Dates
- Priority Deadline Date for Fall 2009-20010 is July 1, 2009. All financial aid begins a new year of eligibility on August 1, 2009. Students should renew their FAFSA as soon as tax information is available. The Financial Aid Office will begin packaging aid after April 1, 2009.
- Financial Aid Dates are published on the Financial Aid calendar @ http://www.wallacestate.edu/finaid/calendar
updated 04/2009
Financial Aid Office
Wallace State Community College
PO Box 2000
Hanceville AL 35077
(256) 352-8182 Office
(256) 352-8122 Office Fax
(256) 352-8228 WSCC Fax
