Current Announcements

Office Hours 

Posting 9/29/2009

Starting October 2, 2009 the financial aid office will be closed on Fridays.  Our office hours will be Monday - Thursday 8:00 am to 5:00 pm, closed Fridays and holidays.  Eveneing appointments are available by request.

Apply for 2009-2010 financial aid now.

Students must reapply for financial aid each year.  Students will need to apply for financial aid by using FAFSA on the web application. The web address is:  www.fafsa.ed.gov .  The web site will also allow students to print a paper version of the FAFSA, if needed, which can be mailed to the federal processor, however it will take longer to process than if applying online.   WVC school code for the FAFSA is 003801.  Remember; if you are currently receiving financial aid you must still reapply if you want financial aid for the 2009-20010 school year.

NEW INCOME BASED LOAN REPAYMENT PLAN

On July 1, a major new student loan repayment option will become available for the first time. Income-Based Repayment (IBR) caps monthly federal loan payments at an affordable level based on your income and family size, and forgives any debt and interest that remains after 25 years. If you owe more on your federal student loans than you earn in a year, you can probably benefit from IBR. The lower your income, the lower your monthly payment will be: in some cases, as low as $0. IBR is available for almost all federal loans - past, present, or future - made by any lender, whether for college or graduate school.

If you work in a government, nonprofit, or other public service job, you could have your remaining student loan debt forgiven after just 10 years of Income-Based Repayment, or certain other payments. Your loans have to be in the federal Direct Loan Program to qualify, but the 10 years don't have to be consecutive. You just need to make a total of 120 payments while working full-time for a public or nonprofit employer, starting on or after October 1, 2007.

For more information, including a simple calculator to estimate monthly payments, please visit www.IBRinfo.org.

 Financial Aid Fraud

We have received information that someone is calling students and saying that they can give them money to pay for any college related expense. All the student needs to do is give them their bank account number. They represent themselves as a legitimate organization. This is a SCAM. Please be aware that there are individuals that want to take advantage of you. NEVER give anyone you bank account number to anyone unless you personally know them and know that they are legitimate. Check the organization out with the Better Business Bureau or Department of Education. BE WISE.

Be reassured that the financial aid office does not request student’s bank account numbers over the telephone.

If you have any questions or want to report that you have been contacted by someone requesting you accounting number and are guaranteeing financial assistance to attend college, contact the Department of Education fraud hotline at 1-800-647-8733.