News | Financial Aid | Wake Forest University

Student Loan Consolidation

With the change from Federal Stafford Loans through multiple lenders to Federal Direct Loans through the U.S. Department of Education, some borrowers are considering loan consolidation. For more information, visit the Federal Direct Consolidation Loan website.

Navy Baccalaureate Degree Completion Program

The Navy Baccalaureate Degree Completion Program offers up to $85,000 to complete your degree. Your service obligation can be fulfilled in four years. To be eligible, you must have completed 30 semester hours, have at least a 2.7 GPA, be younger than 34 years old, and meet the Navy’s physical requirements. For more information, call 800-USA-NAVY.

The North Carolina Hispanic College Fund

The North Carolina Hispanic College Fund awards annual scholarships worth between $500 and $2,500. Scholarships recipients are recent graduates of North Carolina high schools who are of Hispanic/Latino background. Recipients of a NC Hispanic College Fund scholarship must enroll in a degree program at a community college or a 2- or 4-year college/university and be committed to public service and community development. NC Prospective Teacher Scholarship Loan Program

Students who are pursuing college degrees to become teachers in the public schools of North Carolina may apply for $2,500 per year. One year of service as a full time teacher in the State’s public schools cancels one year of funding support received.

Hispanic Scholarship Fund

Applicants must meet all of the following five requirements to apply for a scholarship through the Hispanic Scholarship Fund:

  • Be of Hispanic Heritage: persons descended from Mexican, Puerto Rican, Cuban, Dominican, Central American (excluding Belize), South American (excluding Guyana, Suriname and French Guiana), or other Spanish cultures
  • Be a US citizen OR legal permanent resident with a valid permanent resident card or passport stamped I-551
  • Have a minimum 3.0 cumulative GPA on a 4.0 scale (or the equivalent)
  • Be pursuing or plan to pursue your first undergraduate or graduate degree
  • Must apply for federal financial aid using the Free Application for Federal Student Aid (FAFSA)

Mary Morrow – Edna Richards Scholarship

Junior education majors from North Carolina may apply for $1,000 scholarships, to be used during the senior year. Applicants must be willing to teach in the public schools of North Carolina for at least two years following graduation. Applications are available in the Office of Student Financial Aid. For more infomation, contact the North Carolina Association of Educators at 1-800-662-7924, ext. 214.