Financial Aid

Applying for Aid

Applying for financial aid may seem scary, but our goal is to provide you with as much information as possible to ensure the process is smooth and easy. We understand that funding your education is a significant financial investment for you and your family.

Steps to Apply

Step 1: Apply to Wiley College

Apply Online Today

Step 2: Complete the FAFSA each Year

You must complete the Free Application for Federal Student Aid (FAFSA) for each academic year you would like to receive aid. To increase your chances of being considered for programs with limited funds, complete the FAFSA as soon after October 1 as possible. Wiley’s financial aid process begins with the fall semester.

Don’t forget to send your FAFSA information to Wiley College by using this code 003669. If the information provided is accurate, it could take up to 7 days before Wiley College receives your financial information.

  • FAFSA Helpful Tips

    • Read all instructions carefully
    • To ensure consideration for all available programs, it is recommended to complete the FAFSA Application as early as possible.
    • Be sure to review the information prior to submitting; ensuring the information is as accurate as possible.
    • Provide only the information requested
    • Use your legal name and correct social security number
    • Include Wiley’s FAFSA code of 003669 on your list of school codes
    • If you complete the FAFSA electronically, you will need to sign using your PIN (Personal Identification Number); both the student and parent will have separate PINs
    • Sections that refer to “you” or “your” are referring to the student, and those sections are yellow; sections for parents are purple
    • If you were required to provide parental information, a parent is required to sign the FAFSA
    • If your parents are divorced, you must use the information for the parent you lived with most in the past 12 months. If you lived the same amount of time with each divorced parent, give answers about the parent who provided more financial support during the past 12 months or during the most recent 12 months that you actually received support from a parent. If that parent is remarried, you must also include the stepparent’s information and income
    • If eligible, use the IRS Data Retrieval Tool (DRT) to automatically populate necessary tax information
    • Make a copy of your completed FAFSA for your records

Step 3: Complete Verification

If you are selected for verification, you will be notified on your SAR and by Wiley College. You will need to verify your financial aid application by providing additional documentation. All requested verification documents must be completed before being awarded a financial aid package. After all, required documents are received, the verification process could take 5-7 days or in the order in which documents are received from students.

The FAFSA is processed by the Central Processing Unit (CPU) and generates a Student Aid Report (SAR) that is sent directly to you. CPU randomly selects those students who will be selected for verification. The following are some helpful hints to ensure you have a valid SAR.

  • Review the SAR for accuracy
  • If corrections are needed, visit the FAFSA website and select “make corrections to a processed FAFSA”
  • If you do not receive an email directing you to your SAR within four weeks of completing your FAFSA, contact the CPS at (800) 433-3243 to check the status of your application

Additionally, Wiley College may need additional information from you to validate your financial aid application. If additional information is requested, you will receive an email to the email address provided on your FAFSA from the Office of Financial Aid. The email will indicate the items needed to complete your financial aid package. You can find all verification documents as well as the institution’s Verification Policy on the Wiley website.

Verification documents can be submitted by the following methods:

Fax: (800) 884-6572
Email: finaid@wileyc.edu
Mail: 711 Wiley Avenue, ATTN: Office of Financial Aid, Marshall, TX 75670
Hand Deliver: Bring documents to the David L. Beckley Building – Monday through Friday – 8am – 5pm

Steps to Receive Aid

Step 1: Receive Award

Once your financial aid application file is complete, you will receive an award notification via your financial aid counselor or by accessing your JICS account. Review your award letter carefully. If you have any questions, contact your financial aid counselor.

Step 2: Complete Entrance Counseling and Promissory Note

If your award includes loans, you will need to complete and submit the applicable promissory note(s) and entrance counseling. Your aid will not disburse until this is completed.

Step 3: Complete Registration

You will complete registration by paying all necessary fees and submitting all needed documentation in order to enroll for an upcoming semester. If you have a fee balance of $0, you still need to complete registration by being fully accepted (see Admissions and Recruitment for more information), complete housing application if applicable (see Residential Life and Housing), register for courses through your Academic Advisor (see the Center for Student Success for more information), receive ID during orientation and/or registration, and pay all necessary fees. Fee bills can be accessed on your JICS account to review semester charges (tuition, fees, fines, etc.), financial aid applied and refund amount if applicable.

Step 4: Receive Disbursement

If you submitted all applicable documents, your funds are ready for disbursement to your student account. If your semester funds are in excess of your semester charges, you may receive the excess in the form of a refund check. Depending on preference, you may pick up your refund check from the Cashier’s Window in the King Administration Building or a check will be mailed.

View the College’s Federal Loan Disbursement Policy.

Maintaining Receipt of Aid

Step 1: Complete the FAFSA each year

To continue receiving aid, you will need to complete the FAFSA each year after October 1. The suggested deadline to complete the FAFSA by is March 1.

Step 2: Maintain Satisfactory Academic Progress and Know all Financial Aid Policies

You will need to maintain Satisfactory Academic Progress in order to continue receiving aid. There are additional financial aid policies in place that could prevent you from maintaining the receipt of financial aid.

Step 3: Enroll for the Minimum Required Hours each semester

Certain aid programs have a required minimum number of hours you must be enrolled in to receive the award. You must enroll at least half time to receive student loans. Half time status for financial aid is not necessarily half time status for the College.

Confirm Enrollment Status

Step 4: Complete Registration each semester

You will complete registration by paying all necessary fees and submitting all needed documentation in order to enroll for an upcoming semester. If you have a fee balance of $0, you still need to complete registration.

Verification Documents

If you are selected for verification, you will be notified on your SAR and by Wiley College. You will need to verify your financial aid application by providing additional documentation. All requested verification documents must be completed before being awarded a financial aid package. After all, required documents are received, the verification process could take 5-7 days or in the order in which documents are received from students.

The FAFSA is processed by the Central Processing Unit (CPU) and generates a Student Aid Report (SAR) that is sent directly to you. CPU randomly selects those students who will be selected for verification. The following are some helpful hints to ensure you have a valid SAR.

  • Review the SAR for accuracy
  • If corrections are needed, visit the FAFSA website and select “make corrections to a processed FAFSA”
  • If you do not receive an email directing you to your SAR within four weeks of completing your FAFSA, contact the CPS at 1-800-433-3243 to check the status of your application

Additionally, Wiley College may need additional information from you to validate your financial aid application. If additional information is requested, you will receive an email to the email address provided on your FAFSA from the Office of Financial Aid. The email will indicate the items needed to complete your financial aid package. You can find all verification documents as well as the institution’s Verification Policy on the Wiley website.

Verification documents can be submitted by the following methods:

Fax: (800) 884-6572
Email: finaid@wileyc.edu
Mail: 711 Wiley Avenue, ATTN: Office of Financial Aid, Marshall, TX 75670
Hand Deliver: Bring documents to the David L. Beckley Building – Monday through Friday – 8am – 5pm

Federal Loan Limits

The loan limit represents the total of all subsidized and unsubsidized Direct Loans a student may borrow at each level of study. If the total loan amount a student receives over the course of their education reaches the aggregate (lifetime) loan limit, they are not eligible to receive additional loans.

Direct Stafford Loan Limits (Subsidized and Unsubsidized)
Dependent Independent
Freshman $5,500

(up to $3,500 in subsidized loan)

$9,500

(up to $3,500 in subsidized loan)

Sophomore $6,500

(up to $4,500 in subsidized loan)

$10,500

(up to $4,500 in subsidized loan)

Junior and Senior $7,500

(up to $5,500 in subsidized loan)

$12,500

(up to $5,500 in subsidized loan)

Aggregate $31,000

(up to $23,000 in subsidized loans)

$57,500

(up to $23,000 in subsidized loans)

Understanding Your Financial Aid Award Letter

When you receive your financial aid award letter, there may be some terms used on your letter that need further explanation. Here’s a handy guide to help you out.

Gift Aid
This is aid that does not have to be repaid. This includes the Pell Grant, SEOG, TEG, other federal grants and private and institutional scholarships.

Other Federal Aid Awarded
This lists all other federal sources of aid, such as student loans, work study, etc.

Cost of Attendance
This is a budget built based on a student’s enrollment status and housing. This includes allowances for tuition & fees, room & board, supplies, transportation, and personal expenses. Cost of Attendance is NOT the amount a student is going to have to pay, but rather a maximum theoretical cost they should incur based on their enrollment plans. The College ONLY charges for direct costs which include tuition, fees, room and board.

Estimated Family Contribution (EFC)
This is the end result of the FAFSA. This is NOT the amount the family is expected to pay for the student to attend, but rather a number used to determine the student’s eligibility for programs like Pell Grant, Subsidized Loans, Work Study, etc.

Anticipated Resources
This figure includes all scholarships and other awards not mentioned above. Students can view a breakdown of their awards on their JICS account if more detailed information is needed.