PLANNING
The Department of Financial Services at Wade College assists students with the financial planning for their entire educational program. The Office of the Director of Financial Services meets one-on-one with each student to walk him or her step-by-step through the financial planning process.
Upon completion of a student's financial aid application and forms, the Office of the Director of Financial Services will review his or her information and will determine his or her financial aid eligibility based on federally-required calculations. The Office of the Director of Financial Services will then create a Wade College Student Financial Plan showing the breakdown of the student's estimated educational expenses and financial eligibility throughout the entire educational program.
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The student's educational expenses will consist of direct and indirect costs. Direct costs include tuition, textbooks, supplies, course fees, other fees, registration fee, application fee, college-sponsored housing (if applicable), and college-sponsored housing fee (if applicable). The indirect fees include food, transportation, personal expenses, and room and board (the Wade College Student Financial Plan does not outline indirect costs).
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The student's total financial resources available, which may include federal and state aid, grants, loans, veteran benefits, and scholarships, will be added together.
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The student's total financial resources are then subtracted from his or her total estimated direct costs of the educational program.
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This information will be included in the student's Wade College Student Financial Plan and covered with the student by the Office of the Director of Financial Services.
As a student progresses through the educational program, a Statement of Account is provided to the student which is updated as actual payments and financial aid disbursements are received and institutional charges become known. The student has the right to cancel the current trimester’s loans or the loan disbursements, in whole or in part, by notifying the President of Wade College in writing within 30 days of the receipt of the Statement of Account.
The college is sensitive to the unforeseen circumstances that can affect a student's ability to meet financial commitments. Consequently, the Financial Services Department offers on-going planning services to all students. Any student who has incurred or anticipates a financial problem is encouraged to meet with the Office of the Director of Financial Services and receive consulting assistance as needed to assure his or her ability to complete the program.
Federal Publication
The College Preparation Checklist (found at www.studentaid.ed.gov/collprep) explains how students, and their parents, can prepare academically and financially for college through "to do" lists. Information about federal student financial aid, what to do at FAFSA filing time, and looking for scholarships is included. Readers are directed to publications and websites for more detailed discussions of the topics in the checklist.







