Financial assistance is meant to supplement the efforts of the student and/or the student’s family and is available to eligible students. The financial aid programs provided by WTC make it feasible to eligible students who would normally be deprived of a technical education because of lack of funds to obtain the education they desire.
The following sources of educational financial assistance may be available to WTC students:
NOTE: WTC does not provide student loans.
Professional Judgment Procedure:
WTC encourages students to discuss their individual circumstances if they experience a change in their financial situation which may necessitate reevaluation of the student’s eligibility for aid. A professional judgement application to request adjustment to student’s dependency status or student’s SAI (FAFSA’s calculated student aid index) may be obtained in the Financial Aid Office.
Student Academic Progress:
Federal regulations require that all higher education institutions establish and implement a policy to measure whether students receiving financial aid are making satisfactory academic progress (SAP) toward the completion of a program. Failure to meet SAP makes a student ineligible for all institutional, federal, and state financial aid. WTC’s SAP policy can be found in the Student Handbook.
Cost of Attendance:
Student budgets (cost of attendance- COA) are a calculation component for determining financial aid assistance and is not the actual program cost. WTC’s COA is based on estimated costs over a 10-month period and includes the average tuition and fees, books and supplies, room and board (living expenses) transportation, and personal expenses. WTC calculates COA for two categories of student populations – Independent and Dependent.