Financial Aid
At The University of Akron Wayne College, we’re here to help make sure students and their families know of the many options available to help pay for a college education. The primary purpose of financial aid is to help ensure that no one is denied the opportunity of a college education because of financial need.
How to Get Financial Aid
The first step in the financial aid process is to complete the Free Application for Federal Student Aid (FAFSA). This application is completed online and only takes about 30 minutes to complete. The term financial aid includes grants, scholarships, loans and work-study funds. The school combines various forms of aid into a package to help meet the student's needs. This is called a "financial aid package." It is not unusual for a student to have all three forms of aid.
The FAFSA is not a loan: it's simply an application to determine your eligibility for receiving federal student aid. You have to pay back any aid in the form of a loan, but you do not have to pay back grants, scholarships or money awarded through work study as long as you successfully complete your classes. Financial aid is always applied toward your tuition bill. If by chance you have additional money left over after the loans and grants apply, it's refunded to you. This money then can be used for living or other college expenses.
UA Wayne College awards hundreds of thousands of dollars in scholarship funds per year. All of our students qualify for at least one college campus scholarship, as criteria is based on a variety of factors such as admissions, grade point average, majors and financial need. This applies to all student types including new freshmen, transfer and continuing student. What's even better, we'll do the work for you! We search our available scholarships to find if a student is eligible (additional information may be required). Students are considered for over 30 different scholarships, many of which permit more than one recipient.
Getting a college degree doesn't have to break your bank account! Call us today so that we can help you achieve your college and career goals.
Since Wayne College's financial aid is handled by the The University of Akron campus, more information and application procedures can be found at The University of Akron Financial Aid homepage.
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.
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?
Questions?
Contact the Student Services Center at 330-684-8900 or by email at waynessc@uakron.edu.