Financial Aid Brochure 2020-21

SCHOLARSHIP REQUIREMENTS Requirements Students are expected to maintain a GPA consistent with the Standard of Academic Progress (see next page). Failure to do so may jeopardize scholarships that have been awarded. Students are expected to meet all their financial obligations to Word of Life Bible Institute. How To Apply All students are considered for scholarships based on the answers provided on their Scholarship Application and the FAFSA. If you have any questions regarding scholarship applications, contact the Financial Aid office at finaid@wol.org or 1.800.331.9673 . Incomplete applications will not be considered. Students who do not submit an application are not considered for scholarships.

The Scholarship Application can be accessed at wol.is/finaidapp .

Distribution As a general rule, scholarships are divided equally in each payment period (semester) with limited exceptions. Eligibility Students who meet the scholarship criteria are awarded funds as they are available. The Financial Aid office will review scholarship applications and will distribute awards based on the availability of funds, whether the scholarship criterion has been met, the most significant need, and the order in which the scholarships were received.

15

Made with FlippingBook - Online Brochure Maker