| Overall Rating | Gold - expired |
|---|---|
| Overall Score | 65.53 |
| Liaison | Dedee DeLongpre Johnston |
| Submission Date | July 27, 2018 |
| Executive Letter | Download |
Wake Forest University
PA-7: Affordability and Access
| Status | Score | Responsible Party |
|---|---|---|
|
3.10 / 4.00 |
Jose
Villalba, Jr Vice President for Diversity and Inclusion Office of Diversity and Inclusion |
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indicates that no data was submitted for this field
Part 1
Support for Low-Income Students
Yes
None
A brief description of any policies and programs to minimize the cost of attendance for low-income students:
Wake Forest provides several programs to ensure accessibility and affordability for low-income students including: (a) need-based financial aid to ensure that students from families with an annual income of $40,000 or less are guaranteed to have $4,000 or less in student loans in their financial aid package annually; (b) the Magnolia Scholars Program, which provides mentorship, advising, and merit aid annually for 30 first generation students from low-income families (income less than $40,000 annually); and (c) the Merit Supplemental Scholarship, which provides financial support for academically gifted students from a variety of groups.
None
A brief description of any programs to equip the institution’s faculty and staff to better serve students from low-income backgrounds:
The Office of Academic Advising employs academic counselors who steer students through their entire undergraduate tenure. Academic counselors interact with students, faculty, and staff to ensure student needs are met.
The Magnolia Scholars Program and First in the Forest Program also provide outreach to equip faculty and staff to better serve students from low-income backgrounds.
A brief description of the institution’s programs to guide and prepare students and families from low-income backgrounds for higher education:
Admissions implements several relevant programs:
Visions: Students from underrepresented groups and low-income families are invited to spend two days on the WF campus to attend classes, meet with staff and administrations, interact with multicultural affairs staff, establish supportive relationships, and learn about the admissions process.
MOSAICS: Students from underrepresented groups who have been admitted are invited to campus for an overnight visit to learn more about opportunities afforded to undergraduates and engage in planned activities to facilitate their preparation for higher education.
Proteges Mentoring Program: Offered by the Office of Multicultural Affairs, Proteges is a peer mentoring program for first-year students from underrepresented groups to aid their transition to the Wake Forest community.
None
A brief description of the institution's scholarships for low-income students:
Wake Forest's need-based financial aid policy ensures that students from families with an annual income of $40,000 or less are guaranteed to have $4,000 or less in student loans in their financial aid package annually.
The Magnolia Scholars Program provides mentorship, advising, and merit aid annually for 30 first generation students who are from low-income families.
A brief description of the institution’s targeted outreach to recruit students from low-income backgrounds:
Wake Forest has a need-aware admission policy wherein the family's financial status is not considered when the student is being reviewed for admission. This policy ensures academically gifted students who are economically disadvantaged have the same opportunity to attend the university as those from high-income families.
Wake Forest was the first top 30 ranked university to eliminate the mandatory submission of standardized test scores, including the SAT and ACT, as a part of the application for admission. This has encouraged academically gifted students from low-income families to apply for admission.
A brief description of the institution’s other policies or programs to make the institution accessible and affordable to low-income students:
All first year students are assigned a Student Orientation Advisor who partners with the faculty or staff advisor to advise students during the first two years of their academic tenure and also aids in the transition process.
Support for Non-Traditional Students
No
A brief description of the institution’s scholarships provided specifically for part-time students:
N/A
A brief description of the institution’s on-site child care facility, partnership with a local facility, and/or subsidies or financial support to help meet the child care needs of students:
N/A
A brief description of the institution’s other policies and programs to support non-traditional students:
N/A
Part 2
Yes
The percentage of entering students that are low-income (0-100):
11
The graduation/success rate for low-income students (0-100):
89
On average, the percentage of need that was met for students who were awarded any need-based aid (e.g. as reported to the U.S. Common Data Set initiative, item H2) (0-100):
100
The percentage of students graduating with no interest-bearing student loan debt or for whom no out-of-pocket tuition is required (i.e. the percentage of graduates who have not taken out interest-bearing loans) (0-100):
60
Optional Fields
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The website URL where information about the programs or initiatives is available:
Additional documentation to support the submission:
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Data source(s) and notes about the submission:
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The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution or simply email your inquiry to stars@aashe.org.