For 2020-2021 academic year
All returning students must reapply for need-based financial aid by completing the 2020-21 Renewal FAFSA and the 2020-2021 CSS PROFILE between October 1, 2019 and February 1, 2020. Required 2018 tax documentation (federal tax return with all schedules + W-2 forms) must be submitted by February 1, 2020 to College Board’s IDOC service. Wake Forest makes every effort to maintain the same level of financial assistance throughout all four years as long as the family’s financial situation remains relatively unchanged. Please be aware, however, that significant changes in a family’s financial circumstances will result in an adjustment of a student’s award. (If you are only applying for federal financial aid funds, then you do not have to complete the CSS Profile. However, the FAFSA is required in addition to the CSS Profile, if you are applying for Wake Forest need-based scholarship funds.) Applicants who submit materials by February 1 receive funding priority and notification via email by early June, after spring semester grades have been recorded.
To inquire about the status of your FAFSA, you may call the Federal Student Aid Information Center at 800.433.3243.
To inquire about the status of your Profile you may call CSS at 844.202.0524.
The easiest way to complete or correct your FAFSA with accurate tax information is by using the online IRS Data Retrieval Tool found at fafsa.ed.gov. Most tax filers will be able transfer their tax return information directly to the FAFSA. Using IRS Data Retrieval will prevent your having to request an IRS Tax Transcript, to satisfy Federal Verification requirements. We strongly encourage you to take advantage of the IRS Data Retrieval Tool when you complete the FAFSA.
Important Note: You will need to create a federal ID. Follow the instructions outlined in this document to create your ID: Federal ID Procedures (PDF)
To apply for Wake Forest grant and scholarship assistance, all students, parents, and stepparents must submit copies of official 2018 federal income tax forms (including all schedules, W-2 wage statements, partnership tax returns and schedules, and S-corporation tax returns and schedules. (This is required, even if you use IRS Data Retrieval to complete or correct the FAFSA.)
Tax documents must be submitted to the College Scholarship Service (CSS) of The College Board via electronic upload or regular mail. You will receive instructions after you have completed the PROFILE application online.