Financial aid

<p>Has anyone received their package yet? If so, when did you receive it, and where are you located?</p>

<p>I recieved mine on the 29th of march. I live in NC</p>

<p>How are the financial aid packages from Wake? My D will be applying next year. Do they give merit scholarships to top students? Grants?</p>

<p>Yes, and yes. You can visit the financial aid website to learn more. Wake has recently almost doubled the amount of resources dedicated to financial aid, so it has gotten a lot better the last couple years.</p>

<p>When I was a freshmen (09-10), I had friends who transferred out of WFU bc their aid package was unsatisfactory/too loan heavy. From a couple of my friends, the packages they give out is much more generous. On the flip-side, WFU is now need-aware, whereas it was need-blind during my admission cycle.</p>

<p>Here’s an article from the news paper highlighting the FA policy:</p>

<p>[University</a> not need-blind | Old Gold & Black](<a href=“http://oldgoldandblack.com/?p=28848]University”>http://oldgoldandblack.com/?p=28848)</p>

<p>Davidson makes sure their students graduate debt-free. I’m surprised that WFU doesn’t have a bigger endowment.</p>

<p>I’ve been reading about acceptances at a lot of other schools. It seems that WFU loses many students to the competition because of a lack of competitive financial packages. Although WFU claims that 60% of their students receive some sort of financial aid, it doesn’t sound like it’s grants or merit-based scholarships.</p>

<p>WFU, like many schools, engages in preferential packaging. For example, my package was all grant/merit aid. Though the EFC was slightly higher, they included zero loans in my financial package. For other students, the loans/work-study might very well have been a part of the package. They use the aid packages to get the students they really, really want (debaters, minorities, artists, etc.)</p>