FINANCIAL AID INFORMATION

Wayne College wants students and their families to know of the many options available to help pay for a college education. Financial aid programs were developed by the federal and state governments as well as by colleges and universities to assist students with limited resources to meet educational expenses. The primary purpose of financial aid is to ensure that no one is denied the opportunity of a college education because of financial need.

Generally, financial aid is provided in three forms: gift aid, loans, and work. It is not unusual for a student to have all three forms of aid. This is called a "financial aid package." If a person receives a proper financial aid package, it is assumed that the family will not be expected to contribute more than is reasonable for a family member's education. The word "family" is crucial because the financial aid system assumes that the family will work together to help meet college expenses.

The University of Akron Office of Student Financial Aid determines a budget that best suits the needs of the student. The budget includes direct costs that must be paid to the University (instructional and general fees) and variable expenses such as transportation and personal expenses.

Since Wayne College's financial aid is handled by the The University of Akron main campus, more information and application procedures can be found at The University of Akron Financial Aid homepage. In addition, if you need information about withdrawing from classes while receiving financial aid, click on What Happens If I Withdraw From One or All of My Classes?

Scholarships

New freshmen:
New Freshmen are not required to complete a scholarship application form. Scholarships will be based primarily on high school academic records and ACT/SAT test scores on file with the Office of Admissions. Students must be fully admitted to Wayne College by March 1 in order to be considered for all available scholarships. Students with additional personal factors that they would like to have considered may complete the New Freshmen Supplemental Information Form.
Please note: Paul H. Smucker Memorial Scholarship requires an essay on goals and career paths. The Wayne College Dean's Scholarship requires a letter of recommendation.

Continuing Students and Transfer Students:
Continuing Students/Transfer Students must submit a Continuing Students and Transfer Students Undergraduate Scholarship Application no later than April 1 to be considered for scholarships for the following academic year.

Although most scholarships do not require students to complete a Free Application for Federal Student Aid (FAFSA), for full consideration for all types of aid, you should complete a FAFSA form by March 1 proceeding the new academic year.

More scholarships, grants and loans information is available for students attending Wayne College. Students attending Wayne College may also be eligible for Akron campus scholarships. Students can apply for Akron campus scholarships online.

How to Apply for Financial Assistance (Grants & Loans)

To apply for federal and state aid, you must complete a Free Application for Federal Student Financial Aid (FAFSA). Applications are available online.

The Title IV School Code for The University of Akron Wayne College is: 003123. You will need that information to fill out the FAFSA. A series of scholarship and grant application forms are also available from those sources.