Completing the Financial Aid Process

Submitting a FAFSA is not all there is! Students who have started the financial aid application or renewal process should make sure that they have completed all requirements to be offered a financial aid package. 

1

Review your Requirements in the MyWilmU Portal

Log into the MyWilmU student web portal and click on the “FINANCIAL AID/BILL PAY” icon or link.  Go to the “My Financial Aid Requirements” section to navigate to your outstanding requirements for the aid year. If you have forms to submit to the financial aid office, you can submit them via mail, email, fax or in person.  Other requirements may require action on your part such as, making sure all admissions requirements are completed or submitting additional information electronically.


2

Download and Submit Required Forms

If your financial aid requirements include financial aid forms - Download Financial Aid Forms .  You can and should confirm that the financial aid office has received your submitted forms by checking the status of your requirements through the MyWilmU Portal in 24-48 hours.  Please allow for additional time during high volume processing times (July, August and January).


3

Complete Loan Entrance Counseling and Master Promissory Note

Nearly all students who apply for Federal Student Aid (submit a FAFSA) will be offered a Federal Direct Stafford Loan as part of their financial aid package.  If you wish to use some or all of the loans offered to you, you must complete a Direct Loan Master Promissory Note (MPN) & Entrance Counseling at  www.studentloans.gov. You will need your FSA ID to complete these items and the time to complete both is about 30 minutes for most students.  This requirement is a one-time requirement for most federal Stafford loan borrowers at WilmU.   The MPN is valid for 10 years and EC only needs to be completed once for each school you attend. Graduate/Professional students may need to complete an additional MPN if applying for a federal Graduate PLUS loan


4

Review Policies

Please be sure that you take some time to review the policies and regulations that govern Federal Student Aid programs. These policies are regulated by the U.S. Department of Education and are non-negotiable.  You may also review the Conditions of Awards that you will be required to accept before you can accept any Federal Student Aid offered to you.  Financial Aid Policies & Regulations