Tuition and Financial

Federal Financial Aid

What Is Federal Financial Aid?

If you’re a U.S. citizen or an eligible noncitizen, you may be able to receive federal financial aid1 to help you fund your higher education. Walden University is approved by the U.S. Department of Education to participate in a variety of grant and loan programs.


If you plan on using financial aid, we recommend that you start your FAFSA now.

 

Filling out a FAFSA®? Walden’s federal school code is 025042

 

What Are Your Options?

We’re your partner in this process. Once you’re admitted and we receive your Free Application for Federal Student Aid (FAFSA®), we’ll inform you of your federal financial aid options via your Walden myFinAid portal. Some federal student aid programs have their own eligibility criteria in addition to general eligibility requirements. Filling out the FAFSA is your first step!

Getting started with FAFSA®

Completing the Free Application for Federal Student Aid (FAFSA®) is an important step for determining your eligibility for federal aid. It is highly recommended that you submit your form while applying for admission or at least eight weeks before the renewal date of your existing loan to avoid any delays or interruptions in receiving financial aid.

We’re your partner in this process.

In 2022–2023 , the U.S. Department of Education provided $240.7 billion in federal financial aid to postsecondary students. We can help you find the right financial aid to complete your studies.

Policies and Disclosures

We want you to understand what impacts your financial aid at Walden. Use the links below to learn more about the process.

Financial Services processes applications for federal student aid and handles all questions relating to federal financial aid. To contact a Walden financial services advisor, phone 1-800-925-3368.

Walden University Financial Aid FAQ

Is Walden University approved for Federal Student Aid? If so, where do I apply?

Yes, Walden University is an accredited institution approved to process Federal Student Aid including Federal Pell Grant, Direct Subsidize, Unsubsidized and PLUS Loan funds.

To apply for federal financial aid for Walden University, follow these general steps:

  • Determine your eligibility: You can use the FAFSA to apply for federal grants and loans to help cover your tuition and fees.
  • Visit StudentAid.gov: Go to the official government website at StudentAid.gov to complete and submit your application for federal student loans.
  • Use Walden’s school code: When filling out the form, use Walden University’s federal school code: 025042.

Once your FAFSA is processed, Walden University’s financial aid office will receive the information and help you understand your options. We recommendyou submit your FAFSA while applying for admission (or, for current students, at least eight weeks before the renewal date of your existing loan) to avoid any delays or interruptions in receiving financial aid for Walden University.

FAFSA® is a registered trademark of the U.S. Department of Education.

Is there a Financial Aid Glossary?

Yes. You can refer to Walden’s financial aid glossary to better understand financial aid terms.

Where can I find more resources about federal financial aid?

Visit studentaid.gov/resources to browse articles, fact sheets, online tools, and other helpful resources to help you prepare and pay for college.

How do I apply for federal student loans?

Applying for federal financial assistance is a two-part process consisting of (1) completion of the Free Application for Federal Student Aid (FAFSA) and notification of eligibility, and (2) acceptance of the financial aid offer and completion of the Master Promissory Note (MPN) and entrance counseling. This process takes approximately two to four weeks from the initial application through the receipt of funds. New students are strongly encouraged to complete the FAFSA application at the same time they are applying for admission. Continuing students are required to complete a renewal FAFSA for each award year they are enrolled. It is recommended to fill out the FAFSA renewal form when it becomes available from the Department of Education, usually in October. It is important to complete this at least eight weeks before the renewal date of each award year.

Does Walden offer any specific financial aid for current military members or veterans?

Walden University is honored to support our military community with savings designed to make higher education more attainable. Military students can also access a range of education benefits through the U.S. Department of Veterans Affairs (VA).

  • Walden Military Savings: New students who are service members, veterans, or VA employees can receive a 10% tuition reduction for the life of their program.1 In many programs, this can be combined with our Believe & Achieve Scholarship® for maximum savings.
  • Post-9/11 GI Bill®: The GI Bill® provides direct funding to cover tuition, fees, and a stipend for books and supplies.
  • Montgomery GI Bill® (MGIB): This program offers an educational assistance allowance to reimburse your tuition costs.
  • Yellow Ribbon Program: For eligible veterans, this program can cover up to 100% of tuition costs that exceed the standard Post-9/11 GI Bill® maximum.
  • Tuition Assistance (TA): Sponsored by your specific branch of service, this program covers a portion of your tuition and fees.
  • Tuition Assistance Top-Up: This bridges the gap by providing additional funds for tuition costs not fully covered by standard Tuition Assistance.
  • Veteran Readiness & Employment (VR&E): Specifically designed to provide educational benefits to veterans with service-connected disabilities.
     

1A 10% tuition reduction combined with Walden’s Believe & Achieve Scholarship is available for new students who are service members, veterans of the U.S. armed forces, or employees of the Veterans Administration who enroll in programs eligible for the Believe & Achieve Scholarship. For programs not eligible for the Walden’s Believe & Achieve Scholarship, the tuition reduction is 10% for the life of the program. This tuition reduction is also available if you are a spouse of a service member, veteran, or employee of the Veterans Administration. This tuition reduction cannot be retroactively applied. Tuition reductions are applicable to tuition only and do not apply toward books, materials, and other supplies or fees needed for a course. It may not be combined with other tuition reductions, unless specified in another offer.

Which FAFSA application do I need to fill out?
  • If you started your Walden program on or after May 29, 2023, fill out the 2023–2024 FAFSA.
  • If you are starting your Walden program on or after May 27, 2024, fill out the 2024–2025 FAFSA.
What is the difference between subsidized and unsubsidized loans?

The main difference between these two federal student loans is how interest is handled while you’re in school:

  • Subsidized loans: These are for undergraduate students with financial need. The U.S. Department of Education pays the interest while you are in school at least half-time, during the first six months after you leave school (the “grace period”), and during periods of deferment.
  • Unsubsidized loans: These are available to both undergraduate and graduate students, regardless of financial need. You are responsible for paying all interest from the moment the loan is disbursed. If you choose not to pay the interest on your student loan while in school, it will accumulate and be added to your principal balance.
     
Can I use financial aid to cover books?

While you can use federal financial aid at Walden University to cover books and materials, these costs are not automatically deducted from your financial aid. If your aid exceeds your tuition and fees, you can use the remaining balance to pay for course materials.

If you need funds earlier, you can request a book advance of up to $500 starting 30 days before your term begins, provided your financial aid process is complete. This advance is simply an early payout of your existing financial aid to help you prepare for class.

When would I receive my federal financial aid refund?

If there is any money left on your account after your tuition and fees are paid, Walden’s Office of the Bursar will send it to you as a refund within 14 days of the disbursement date.

Will I have enough federal financial aid to pay for my entire program?

A variety of factors impact the overall cost of your Walden program, and availability of financial aid including (but not limited to):

  • Length of time you are in your program
  • Transfer of credit eligibility
  • Fees associated with residencies
  • Cost of books and/or class materials

A Walden Enrollment Specialist can help you determine a personalized estimate of program cost to help guide you in your funding decisions.

What is the deadline to apply for federal financial aid?

The Office of Financial Services processes offers on a rolling basis. It is strongly recommended that you complete your FAFSA application at the same time you are applying for admission, or eight weeks prior to the renewal date of your existing loan. You must have a complete FAFSA within 30 days prior to the end of the term for funds to be processed for that term or financial aid award year. A complete application includes all documents required for offering and disbursing financial aid funds.

Is Walden University approved for Federal Student Aid? If so, where do I apply?

Yes, Walden University is an accredited institution approved to process Federal Student Aid including Federal Pell Grant, Direct Subsidize, Unsubsidized and PLUS Loan funds.

To apply for federal financial aid for Walden University, follow these general steps:

  • Determine your eligibility: You can use the FAFSA to apply for federal grants and loans to help cover your tuition and fees.
  • Visit StudentAid.gov: Go to the official government website at StudentAid.gov to complete and submit your application for federal student loans.
  • Use Walden’s school code: When filling out the form, use Walden University’s federal school code: 025042.

Once your FAFSA is processed, Walden University’s financial aid office will receive the information and help you understand your options. We recommend you submit your FAFSA while applying for admission (or, for current students, at least eight weeks before the renewal date of your existing loan) to avoid any delays or interruptions in receiving financial aid for Walden University.

FAFSA® is a registered trademark of the U.S. Department of Education.

When does Walden University distribute financial aid?

For those who qualify, once financial aid has been approved and processed, the funds are ready for disbursement. After you begin classes and your admission file is complete, Walden will apply funds directly to your student account to pay for tuition and fees.Financial aid generally begins disbursing on Day 12 of the term and is disbursed in three equal payments  over the academic year. If your financial aid exceeds your balance owed, any remaining credit will be issued to you as a refund within 14 days after the credit balance occurred .