Hello! Welcome to the FinAid portal. Whether you are new here or have visited many times before, I thought I’d take you on a tour and give you an overview of what you’ll find when you log in. Let’s get started.
If this is your first time logging in and you don’t have a WaldenU.edu email account, then you’ll need to click the “First Time User” link in the Log In box.
If you are a continuing Walden student, then you can access your personalized myFinAid portal through myWalden. Just click on the “Student Services” tab and then on the “View your financial aid” link.
Once you are logged in, use the drop down to select the award year you wish to view.
Keep in mind, there won’t be any information available in your myFinAid portal until 5 business days after you’ve completed the FAFSA. So for new students, the portal will be empty, and for continuing student, you’ll only see your previous year’s information. Please wait the 5 days and then you can log in and start exploring. Sound good?
Now that you are here, let’s look around. Depending on whether or not your financial aid has been awarded, you’ll see one of two screens. If your aid hasn’t been award, you’ll only see 5 tabs. If it has been awarded, you’ll see 10 tabs. Let’s start by reviewing the 5 tabs that you’ll see no matter where you are in the process.
When you enter the FinAid portal, the default start page is your “Welcome” tab. Whenever you log in, this is where you’ll start. Here’s where you’ll find an overview of the financial aid process, so you can always come back here to check your next steps.
The next tab is the “Documents” tab. This is an important one, and you’ll want to come back here often because whether you have been awarded or not awarded, you may have documents to complete.
If you are looking for information about your current financial aid status, then you’ll want to check the “Messages” tab. You’ll find two types of messages here: With one type, you will be directed to do something such as complete a form or make a phone call. The other type is informational and will tell you a status of an action you’ve taken. Just so you know, even after you’ve read a message or completed a request in a message, it may still appear here.
The Documents and Messages tabs are both very important to check regularly as new details may appear there at any time.
Now we come to the “Loan History” tab. On this tab, you will see the outstanding and pending amounts for your federal Stafford Loans according to the National Student Loan Data System (NSLDS). These amounts are important to know because they count toward your lifetime aggregate loan limit. There are limits to how much federal loan money you can borrow in your lifetime, so this tab will help you calculate how much money is still available to you .
To find out the full history of your federal loan, you can visit the National Student Loan Data System website.
The last tab is the “Forms” tab, which houses all the financial aid forms. You do not need to submit all the forms on this page. You’ll only need to complete the ones referenced on your “Documents” tab, so make sure you look there before you start filling out the forms here.
Now that we’ve gotten through the first 5, let’s talk about the additional 5 tabs that are going to show up once your financial aid has been awarded.
Just so you know, once a financial aid award determination has been made, your Walden financial aid team will notify you via your Walden email if you’ve accepted your offer of admission or your personal email if not. You should get this email four to five weeks before your term starts.
Once you are awarded, you’ll now see the “Awards by Term” tab. This tab will tell you the type and amount of your financial aid award and how the aid is distributed across the three terms that make up the award year.
Next is the “Accept Awards” tab. If you are ready to make a decision about your awards, you’ll first need to agree to the term and conditions. This terms and conditions simply explain how the awarding process works and helps you set your expectations and plan accordingly. The next screen will show the awards and here you can decide whether to Accept the full award, reduce your award amount, or Decline the award all together. You do not have to accept all of the aid, but I recommend reviewing your loan history before accepting any of it. After you’ve finished making your decision, you should return to the “Documents” tab—remember the Documents tab? See there it is. Check there to see if there are any new documents or forms to complete.
Once you’ve completed the necessary documents, you are now ready to move forward with your loans, you should visit the “Apply Online” tab. Go here to review and agree to additional important financial aid policies, which explain the awarding process. These are just some of the policies you will find in Walden’s official Financial Aid Terms & Conditions document.
Another tab is the “Loans” tab. This one is only important if you are taking out loans. Go here to check your loan status; you’ll need to review this page carefully.
The last tab is the “Disbursements” tab, which shows the scheduled and actual disbursement dates for your financial aid. What is a disbursement? Well, a disbursement is when the federal government actually sends your financial aid money to Walden. Over the next two weeks, Walden will take your financial aid and apply it to your outstanding bill, which may or may not result in an overage. After tuition and fees are paid and an overage has been created, you will receive a refund of any financial aid monies no later than 14 days after the disbursement date. That’s it! I hope you found this walk-through helpful. You can find even more detail on each tab we’ve just reviewed by visiting the FinAid portal. If you have any trouble in your portal or need assistance with financial aid, you can call us at 1-800-WALDENU or email us at email@example.com. Thank you for joining me. I wish you the best as you start the financial aid process and begin another term at Walden University.