• Changes in Federal Direct Loan Interest Rates effective July 1, 2014
  • Interest rates for Direct loans will increase for loans disbursed July 1, 2014 - June 30, 2015 as follows:
  • For undergraduate Direct loans, the interest rate will go from its current 3.86% fixed rate to a 4.66% fixed rate for loans disbursed July 1, 2014 until June 30, 2015. The increase is the same for subsidized Direct loans, for which the interest does not accrue while the student is in school, and unsubsidized Direct loans, for which the interest does accrue. 
  • For graduate Direct unsubsidized loans, interest rates increase to 6.21% for loans disbursed July 1, 2014 - June 30, 2015.
  • Direct PLUS loans, available to parents or graduate students, interest rates increase to 7.21% for loans disbursed July 1, 2014 - June 30, 2015.                                                             
  • Withdrawing Affects Your Financial Aid: Five Tips to Manage Your Financial Aid
  • If you withdraw from classes, either officially or unofficially, you may jeopardize future eligibility for student aid including loans. If your enrollment dropes below half-time, your financial aid awards may be adjusted, and the grace period before repayment of loans will begin.
  • If you withdraw from your last active class and did not complete 60 percent of the semester, you may have to repay financial aid according to the Return of Title IV regulations.
  1. Plan Ahead: Minimize your financial aid risk by selecting classes carefully; balancing your most difficult classes against your other courses and family and work demands.
  2. Understand the Rules for Your Award: Review satisfactory academic progress policies to understand what is expected of you to maintain your eligibility and keep your financial aid.
  3. Know  the Consequences: Be sure that you understand what will happen if you drop, withdraw, or fail to complete your classes. A financial aid counselor can help determine your financial liability.
  4. Don't Ignore Your Account Balance: If you do not take action, your balance will be transferred for collections and your credit score could be affected.


  • Verification is a process whereby the information reported on the FAFSA is confirmed with tax and other documents. Since the FAFSA may be filed prior to tax filing, it is important that our office ensure that the information is accurate and that the funds are awarded only to eligible students. Read more...
  • If you have been asked to submit additional information for verification, please be sure to check for messages in SeaNet both under Student Requirements and My Overall Active Messages. Click here for access to forms and frequently asked questions about the verification process.


View our featured 2014 CFW Lookbook!


Summer 2014 DATES

  • Summer Office Hours

 Monday -Thursday      8 a.m. - 5 p.m.

Friday        8:00 a.m. - 11 a.m.

    • Summer Aid Application Closed July 1 - Contact your financial aid counselor for information about summer financial aid.
      Summer II June 23-July 24

      Classes Begin

      June 23

      Independence Day

      No Classes

      July 4

      Last day of classes

      July 23


      Summer II ends

      July 24


UNC Wilmington | 601 S. College Road, Wilmington NC 28403 | 910.962.3000 | About this Site | Copyright Notice | Feedback | Page maintained by:  L. Faison [ faisonl AT uncw DOT edu ]