How Your Aid is Disbursed
Baldwin Wallace students who wish to be considered for financial aid need to complete the necessary application forms. Eligibility for financial aid is determined annually based on the information contained in the application materials. Financial Aid consists of government, college, and private grants and scholarships, federal and private educational loans, and campus work-study earnings. Complete your application as soon as possible to avoid any delays in receiving financial assistance. Information about student aid programs is available from the Financial Aid Office (103 Bonds Administration Building).
Grants, scholarships, and loan proceeds are credited directly to your College billing statements. All conditions of financial aid eligibility must be met before government and college grants are credited.
Federal Stafford Loan proceeds which have been electronically approved are directly credited to a student's billing statement when all conditions of financial aid eligibility have been satisfied. In the case of a hard-copy Federal Stafford Loan check, the student is notified by the Financial Aid Office of the receipt of the loan check by the College. The student is required to endorse the check at the Cashier's Office before it can be credited to the billing account.
For Federal Perkins Loan advances, eligible students must sign the promissory note and required documents at the Perkins Student Loan Office promptly after the award is made.
If you are eligible to receive Federal Work-Study assistance, it is the student's responsibility to secure a campus job through the Student Employment Center. The SEC web page (www.bw.edu/resources/sec/) contains a complete list and description of available jobs. Students working at campus jobs receive earnings checks for the number of hours worked. Pay periods are bi-weekly. The College will direct deposit the checks to the student's bank account, or the student may pick them up at the Cashier's Office.
College charges that are not covered by approved/awarded financial aid are the responsibility of the student.