Daniel Webster College
 

Financial Assistance

Frequently Asked Questions (FAQs)

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  1. What application materials are needed to apply for Financial Assistance at Daniel Webster College?

  2. What are the deadlines for submitting the required financial assistance forms?

  3. After I submit these forms, when will I be notified about the awards I may qualify for?

  4. Describe your financial assistance program, including requirements for performance-based scholarships and need-based assistance.

  5. Once my financial assistance package is awarded, will additional scholarships that I may receive from other sources reduce the amount of financial assistance I can receive from Daniel Webster College?

  6. Will your college meet my financial need in full, and will you continue to meet this need for all four years of my attendance?

  7. Where can I find additional sources of Financial Assistance?

  8. Does Daniel Webster College participate in a tuition payment plan that allows installment payments for each semesters bill?

  9. If I will be borrowing through a student loan program, will Daniel Webster College recommend a lender to me?

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  1. What application materials are needed to apply for Financial Assistance at Daniel Webster College?
    To be considered for financial assistance at Daniel Webster College you must complete DWC's institutional application, complete the Free Application for Federal Student Aid (FAFSA) and be accepted to a degree program. By filing these forms you will be applying for federal, state, and DWC institutional need-based financial assistance.
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  2. What are the deadlines for submitting the required financial assistance forms?
    Daniel Webster College has a priority date for filing of March 1st. Applications submitted after this date are always processed, but awards are based on a funds-available basis.
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  3. After I submit these forms, when will I be notified about the awards I may qualify for?
    Our Financial Assistance Office will send out award letters beginning the third week in March and will continue to do so as applications become complete. Please note that you must be accepted into a degree program before you will receive an award letter.
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  4. Describe your financial assistance program, including requirements for performance-based scholarships and need-based assistance.
    Click on the following links for a full description of both our performance-based and need-based financial assistance programs.  Check out the following link for a complete description of all DWC's scholarships...DWC Financial Aid.
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  5. Once my financial assistance package is awarded, will additional scholarships that I may receive from other sources reduce the amount of financial assistance I can receive from Daniel Webster College?
    Our policy, if we have to make any adjustments to your original offer of financial assistance, is to reduce self-help aid first. In other words, we would always reduce your loan burden or work-study award before we would reduce any Daniel Webster College awards.
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  6. Will your college meet my financial need in full, and will you continue to meet this need for all four years of my attendance?
    Financial need is defined by the Cost of Education minus your Expected Family Contribution (EFC).  You must re-apply for financial assistance every year and we re-evaluate your financial need every year. If you are awarded a performance-based scholarship; your original award is guaranteed every year as long as you maintain at least a 2.5 CGPA and full-time student status.
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  7. Where can I find additional sources of Financial Assistance?
    Many websites are available where you can locate additional sources of financial assistance. However, most online scholarship searches should be safe and at no cost to you and your family. We recommend the following websites in searching for additional outside scholarship funding:

    www.finaid.org
    www.fastweb.com
    www.wiredscholar.com


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  8. Does Daniel Webster College participate in a tuition payment plan that allows installment payments for each semesters bill?
    Yes, the Daniel Webster College Monthly Payment Plan enables families to pay college billed expenses in ten equal monthly payments without interest. This option may help you avoid additional borrowing.  Please contact the Student Accounts/Business Office for additional information and processing fee.
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  9. If I will be borrowing through a student loan program, will Daniel Webster College recommend a lender to me?

    Daniel Webster College participates in the William D. Ford Federal Direct Lending Program. The U.S. Department of Education is the lender and Daniel Webster College administers the program by printing you the necessary promissory notes and disbursing the funds directly to your account in the Business Office. If you would like more information about the Direct Loan Program, sign onto www.ed.gov/DirectLoan.
    "Ask the Daniel Webster College Financial Assistance Experts"

    If you have a question that we haven't answered, simply e-mail our Financial Assistance Office to get the answer you need - today! Click on the quote above and ask away!

    Or if you are more comfortable on the telephone, call our Financial Assistance Office at 800-325-6876. Monday through Friday 8:30 a.m. to 5:00 p.m.
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