Financial Aid FAQs

You must submit a Free Application for Federal Student Aid (FAFSA). This can be accomplished online at www.studentloans.gov.

You are strongly encouraged to submit your application for aid before you receive your offer of admission. You can apply anytime after October 1st using prior-prior year taxes.

There is no deadline; however, we encourage you to submit it early on so that you can be awarded once you're admitted.

We will forward an award letter to all applicants following an offer of admission and receipt of your FAFSA results. If necessary, William James College may contact you to request additional documentation of income and assets before the award letter is released. 

If you meet the FAFSA filing requirements for an eligible non-citizen, you may be considered for  aid. Please log on to www.studentloans.gov to determine if you qualify as an eligible non-citizen. 

Financial aid, including student loans, may be used to cover reasonable living expenses such as housing, transportation, textbooks, utilities, meals and medical expenses. 

All financial aid awards, including student loans, are paid directly to the school and credited to your student account at the start of each academic semester. After all tuition and fees are covered, funds for living expenses will then be released to the student after the  add/drop period through our refund system.

For each semester of enrollment, you must be enrolled at least half-time (as determined by William James College) to remain eligible for federal student loans. 

Your financial aid award may not be used for this purpose. You must remit payment of your deposit using a personal check or credit card. Your deposit is credited to your student account as a cash payment towards your first semester costs. 

You must re-apply each year for federal  assistance by filing a new FAFSA on www.studentloans.gov. The summer is the start of a new award year starting in your second year.