Couple at home looking at financial document
Couple at home looking at financial documents

Financing Your Education

You have goals. We want to help put them in reach. That’s why Walden offers many options for funding your degree.

TUITION REDUCTIONS

Find potential tuition savings based on your affiliation with Walden or other organizations.

GRANTS AND SCHOLARSHIPS

Take advantage of tuition savings across all degree levels for specific programs.

FEDERAL FINANCIAL AID8

Explore a wide variety of federal grant and loan programs, for those who apply and qualify. Walden’s federal school code is 025042.

Walden Grants and Scholarships

BELIEVE & ACHIEVE SCHOLARSHIP®

Available in select Walden programs, our Believe & Achieve Scholarship® rewards your progress with special tuition reductions. Learn about this scholarship and discover other tuition-saving opportunities, such as grants for doctoral programs.

BACHELOR’S SAVINGS

Earn one tuition-free course for every three paid courses completed in select course-based programs.

MASTER’S SAVINGS

Receive final courses tuition-free in select course-based master’s programs, based on specialization or learning track.

TEMPO LEARNING® SAVINGS8

Complete four subscription periods and get your next one tuition-free.

CREDIT TRANSFERS

Receive a complimentary transfer-of-credit evaluation prior to enrolling.

FAMILY SAVINGS

Save 25% on tuition if you are the spouse, parent, or child of an enrolled Walden University student.6

GRANTS AND SCHOLARSHIPS

Discover tuition savings at every degree level with scholarships and grants.

MILITARY SAVINGS

New students who are service members, military veterans, or VA employees receive savings.1

ALUMNI REFERRALS

New students referred by Walden alumni save up to 15% on tuition.2

ALUMNI SAVINGS

Walden alumni who have completed a degree program can save 25% on tuition.3

ACTIVE-DUTY LAW ENFORCEMENT AND CORRECTIONAL OFFICER SAVINGS

Savings available for new students who are active-duty public law enforcement or correctional officers.4

GRANTS AND LOANS

Approved by the U.S. Department of Education, Walden participates in many grant and loan programs.

OFFICE OF THE PRESIDENT

New students with a demonstrated need may qualify for available limited funds.7

Maximizing Your Investment

Walden partners with more than 750 employers and associations from around the world. You may be able to use your employee/membership benefits to save on your tuition.

EMPLOYER ASSISTANCE FINDER

Find out if your employer sponsors part of your costs.

 

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

 

Financing FAQ

Do I make too much money to get a student loan?

No. The Federal Direct Unsubsidized Loan is available to students regardless of their income level or assets. The Federal Direct Subsidized Loan is a need-based loan for undergraduate students. To qualify for this loan, you must demonstrate need as determined by federal methodology. The Federal Direct Unsubsidized Loan is available to students who either do not qualify for the Federal Direct Subsidized Loan, in part or whole, or require additional funds to pay for their education.

I’m transferring from another school where I received federal aid. How does this impact my federal aid at Walden?

Federal financial aid received at another institution may impact the amount of federal aid that you may receive at Walden. As required by federal regulations, Walden participates in the Transfer Student Monitoring (TSM) process. Under TSM, the U.S. Department of Education may take up to 90 days into the start of your first term or payment period to notify Walden that you have federal aid offered at another institution that overlaps your enrollment dates at Walden. If we receive information that you have applied for and/or received federal aid at another institution for an overlapping period, the Office of Financial Aid may not be able to make an initial financial aid offer, may make an initial offer at a reduced amount, or may have to cancel or reduce aid that has already been offered. For example, if the academic year at your prior institution ends even one day after your start quarter/semester, subscription period, or financial aid academic year at Walden, you have an overlapping period, and Walden must deduct aid received at the other institution from your annual eligibility at Walden.

For Walden programs that allow mid-term starts, the start date of the full term is used to determine if there is an overlap with the prior institution.

Does Walden receive my entire student loan amount all at once?

No. Federal law requires that student loans be disbursed in multiple payments of equal amounts.

How do I use my student loan(s) to pay for tuition and other expenses?

Walden receives your student loan funds from the federal government and disburses the funds directly into your student account. If proceeds from loans/grants credited to a student’s account exceed direct charges, the Office of the Bursar will automatically forward the balance directly to the student. This occurs no later than 14 days after funds are credited to the student’s account.

Are there any tax benefits if I receive financial aid?

Yes, there may be some education tax benefits if you receive financial aid. Learn more by reading “Tax Benefits for Higher Education” from the IRS.

If my loan is for three quarters, and I am required to enroll continuously for four quarters each year, how do I pay for the fourth quarter?

Student loan recipients reapply for federal financial aid assistance in three-term intervals. If you begin the program in September, you will borrow from September through May (September, December, and March terms). You will then renew your application for a loan period of June through February (June, September, and December terms), and so on.

I received my tuition statement and it says the deadline date for payment is the 15th of the month, but my financial aid is scheduled to arrive on the 26th. Will I be penalized?

No, you will not be penalized if your financial aid application was completed by the tuition due date. The Office of Financial Aid and the Office of the Bursar are in constant communication about your status during this time, and Walden understands that federal loan funds will not be received prior to tuition due dates.

How can I manage all the financial aid requirements?

Walden provides multiple resources to students while attending Walden. There are two key financial aid sites you will be using when receiving financial aid:

  • Your Walden myFinAid Account
    Once you’re admitted and we receive your FAFSA®5, we’ll inform you of your federal financial aid options via your Walden myFinAid portal. Your myFinAid portal will be your source for Walden-specific tasks and financial aid messaging. It is recommended that you visit this site periodically, especially when transitioning from one term to the next.
  • Your Federal Student Aid Account at StudentAid.gov
    This is your federal portal, which provides you with a lifetime view of your federal financial aid account. You will also be directed to this site to complete federal financial aid requirements such as the FAFSA®, Master Promissory Note, Entrance Counseling, and Exit Counseling. This is where you can view a summary of the federal grants and loans you have received and find information about loan repayment. Your FSA ID gives you access to this site.
 
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