Q and A about Financial Aid

Contents

General Information

Purpose "Questions and Answers"

Types of financial aid

Qualifying for need-based financial aid

How is need determined

Why need-based aid is so structured

If costs increase will my aid increase as well?

How are summer earnings expectations determined?

How is my need-based scholarship amount determined?

Can I improve the quality of my aid?

Does Whitman offer no-need scholarships?

How does a scholarship from outside the College affect financial aid from Whitman?

How long may I attend Whitman and still receive scholarship funds?

Where do federal and/or state grants fit in?

Can everyone qualify for scholarships and/or grants?

What are these "full ride" scholarships I hear about at Whitman?

Whitman Scholarships

Federal Stafford Loan

Federal Perkins Loan

Federal Parent Loan for Undergraduate Students

What are my borrowing options?

May I choose any loan program I wish?

How much may I borrow?

When is it too late to apply for a loan?

What if I need emergency funds?

Independent student definition

Financial Aid Probation

Special student status and financial aid

Refund policy

Limitation on the number of semesters of Whitman Scholarship