Financial Aid to Students
Scholarship, grants, work study, and loan funds at William Carey University are administered in conjunction with a nationally established philosophy of distributing financial aid. The basis of this philosophy is the belief that the student and parents have the primary responsibility for paying the cost of education and that financial aid from the university is available only for meeting the difference between the cost of education and the amount the students and parents can reasonably be expected to contribute. A student’s expected family contribution is determined by the United States Department of Education once a student has completed the Free Application for Federal Student Aid (FAFSA). William Carey’s federal school code is 002447.
The purpose of William Carey University’s financial aid program is to assist students who would be unable to attend college without such aid. Financial aid includes scholarships, grants, work study, and loans. These types of assistance are extended either singularly or in combination. The financial aid award or “package” offered depends upon the student’s academic record and need for assistance. Each aid applicant will be considered for all aid programs administered by the Office of Financial Aid.
For additional information and financial aid resources, visit https://www.wmcarey.edu/Office/financial-aid.
Financial Aid General Regulations
- Financial aid applicants must be accepted for admission to William Carey before financial assistance can be awarded.
- Generally, need-based financial aid is offered to the full-time student working on his or her first baccalaureate degree. If a student drops below half-time status, that student automatically becomes ineligible for most financial aid.
- Ordinarily financial aid is awarded once per term of the regular academic year.
- To receive financial aid, students must maintain “Standards of Satisfactory Academic Progress” toward their degrees and remain in good standing. Financial aid may also be withdrawn from students who are penalized by William Carey University for serious breaches of discipline. The financial aid office reserves the right to withhold further assistance at the time it becomes evident that a student has abused or is abusing the financial aid programs.
- Students receiving financial aid from sources other than William Carey University must advise the office of financial aid of the amount and source of such aid.
- An application for financial aid must be completed annually. Financial aid is not automatically renewed.
- This institution complies with Title Vl of the Civil Rights Act of 1964, with Title IX of the Educational Amendments of 1972, and does not discriminate against the handicapped or on the basis of race, creed, color, sex, or national origin.
- Non-degree students are not eligible for federal financial aid unless they have enrolled into an endorsement or certificate program that has been approved by the U.S. Department of Education.
- Any student receiving all ‘F’s or ‘I’s in any term will lose all institutional scholarship aid for the next term of attendance.
Types of Financial Aid
The following financial aid programs are offered to students who enroll at William Carey University. Specific eligibility criteria and application procedures for each program are available at the Office of Financial Aid.
- STUDENT EMPLOYMENT: College Work Study Programs
- FEDERAL GRANTS: Pell Grant, Federal Supplemental Education Opportunity Grants (FSEOG), and Teacher Education Assistance for College and Higher Education Grant (TEACH).
- STATE GRANTS: Mississippi Tuition Assistance Grant (MTAG), Mississippi Eminent Scholars Grant (MESG), Higher Education Legislative Plan for Needy Students (HELP), Fostering Access & Inspiring True Hope (FAITH) Scholarship, and the Dual Enrollment/Dual Credit (DEDC) Scholarship.
- FEDERAL LOANS: Federal Stafford Loan, Federal Unsubsidized Stafford/PLUS.
- EMERGENCY LOANS: Bass Loan Fund (short term emergency loans)
- INSTITUTIONAL AWARDS: Scholarships based on academic, talent, alumni, and church vocations.
Additional Information on Financial Aid
The director of financial aid and appropriate staff members are available to provide additional information regarding the financial aid program of William Carey University as required by the Student Information Requirements as stated in Title I of the Education Amendments of 1976. For further assistance, call (601) 318-6153 or email finaid@wmcarey.edu.
William Carey University participates in all programs of the Veterans’ Administration. Information and assistance with applications may be secured from the V.A. certifying officials on the Hattiesburg and Tradition campuses. V.A. officials are located in the business office or the registrar’s office.
Institutional Academic Scholarships and Awards
William Carey University makes financial aid commitments to qualified full-time undergraduate students based on academic achievements, special talents, and dependents of groups related to its institutional mission.
All scholarship commitments are made through the Office of Financial Aid based on recommendations from the scholarship committee, department chairs, deans of schools, and the athletic director. All applications will be considered on a funds-available basis. All scholarship recipients must complete a minimum of 9 credit hours per term.
Missions Funds
The Byrd Sisters Fund for Student Missions was established in 2005 by the Byrd family to honor five sisters with a passion for foreign missions and who are alumnae of Mississippi Woman’s College: Melissa Corinne Byrd ‘22, Juanita Caroline Byrd Huang ‘24, Annie Ward Byrd ‘27, Mary Hasseltine Byrd Ball ‘30, and Leona Valois Byrd ‘40. Awards are granted to deserving students for the purpose of serving in missions during their study at William Carey University. Preference is given to students with an interest in serving in China.
The Steve Ford Memorial Florida ACTEENS Scholarship was established by Allison Chestnut of Hattiesburg to honor Patricia and Al Ford of Pensacola, Fla., who have been instrumental in the lives of Florida Acteens. Steve, their son, was killed in a construction accident.
The International Missions Scholarship was established by an anonymous Southern Baptist missionary to support mission volunteer students.
The Kathy Webb Randolph Student Missions Endowment was established in 2005 by the Hon. Mike and Kathy Randolph in her honor and in support of Christian missions. Awards are granted to deserving students for the purpose of serving in short-term missions during their study at William Carey University.
The Gillespie Mission Fund was established by Mr. and Mrs. Robert Gillespie to bring the Christian religion, Christian values, and Christian principles to the countries of the world. The fund is owned by The Foundation of the First Baptist Church of Hattiesburg and is administered through the Mississippi Baptist Foundation for the support of the student mission endeavors of William Carey University.
For more information regarding financial aid offered at William Carey University, please visit the links below.
Helpful Links
https://www.wmcarey.edu/office/financial-aid/loans
https://www.wmcarey.edu/office/financial-aid/federal-grants
https://www.wmcarey.edu/office/financial-aid/institutional-aid
https://www.wmcarey.edu/office/military-affairs/
https://www.wmcarey.edu/office/financial-aid/work-study/
https://www.wmcarey.edu/office/business/withdrawal
https://www.wmcarey.edu/office/business/credit-balance-refund
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