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Federal Financial Aid
The cost of higher education has increased significantly and paying for higher education is a challenge for many students. Many students are forced to rely on some outside help to pay for the rising costs of postsecondary education. Some students work while attending school, others seek educational loans. Federal Student Aid (FSA) is available for WMU students. World Mission University (WMU) is committed to helping students apply for and receive Federal Student Aid based on their eligibility.
The financial aid office at WMU will do its best to assist students in the application process for Federal Student Aid, answer questions, and process all Federal Student Aid in a professional and timely manner.
Requirements for Eligibility
Requirements for Eligibility are the following:
All tuition and fees are due at registration. Full-time students who are financially unable to pay all tuition and fees at registration may be allowed to pay by installment as follows:
 The student must be a citizen or eligible non-citizen. |
| Have a high school diploma or GED. |
| Must be enrolling in an eligible educational program. |
| Working toward a degree or certificate. |
| Making satisfactory academic progress. |
| Must not be in default of a previous federal educational loan or Pell grant. |
If a student already has a Baccalaureate degree he/she is not eligible to received Pell grants
but educational loans are available. |
Applying for Federal Student Aid
To apply for Federal Student aid, a student must submit a Free Application for Federal Student Aid (FAFSA). This is required for all students who wish to receive Federal Student Aid. Through an established formula a student's need is calculated based on an analysis of household and financial information from the FAFSA known as the Expected Family Contribution (EFC).
Types of Aid Available
| Federal Pell Grants are need-based and do not need to be repaid. |
Stafford Loans are also available but must be repaid once the student graduates or withdraws
from school. |
Federal Supplemental Education Opportunities Grant (FSEOG). This grant is given to students
with the greatest need and do not need to be repaid. |
Federal Work Study (FWS) programs is a federally funded employment program that provides paid jobs
on campus or off campus for students who need additional aid to meet a portion
of their educational expenses. |
| WMU also offers some limited scholarships to students based on need. |
For more information regarding financial aid please contact the Financial Aid Office.
Return of Title IV Funds Policy
When a student who receives Federal Student Aid funds withdraws from the World Mission University prior to the completion of the current semester, the student may be required to return a portion of his/her Federal Aid received.
Based on the date of withdrawal, the financial aid office will determine the actual date of the student's withdrawal and using the Return of Title IV form provided by the Department of Education, calculate the amount, if any, the student must return. The student will then be notified by mail of any amount of Federal Aid that they must return. In some cases both the school and the student may be required to return unused or unearned portions of Federal Aid to the Federal Title IV program.
Overpayments and Overawards
There are times when a student's award package exceeds the student's need. There may be circumstances that change a student's award package after the aid has been awarded that result in an overpayment. For example a student may receive a scholarship or grant from an outside source or organization, or the student may want to extend his or her work-study employment. In case of overpayments or overawards the WMU financial aid office will need to make adjustments to the other Federal Student Aid in the package.
Students who owe funds due to overpayment or overaward will be required to make payment of those funds within 30 days of receiving a written notice from the Financial Aid office. Students must send in the overpayment/overaward to WMU and the payment will be forwarded to the U.S. Department of Education.
For questions regarding the overpayment policy, please contact the Financial Aid Office.
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