Financial Aid Repayment

If you receive a Pell Grant and/or Student Loans while attending Western Governors University and then withdraw up through completion of 60 percent of the six-month period of enrollment for which you were charged WGU tuition, you will be subject to the federal Return of Title IV funds calculation. The calculation determines the amount of Title IV funds you have earned as of the date of withdrawal. The amount of Title IV program assistance earned is based on the amount of time you spent in academic attendance and has no relationship to your incurred institutional charges.



Examples of a Typical Repayment Plan

FEDERAL DIRECT LOANS (SUBSIDIZED AND UNSUBSIDIZED)
FEDERAL SUPPLEMENTAL LOANS AND FEDERAL PLUS LOANS
  6.80%8.25%
AMOUNT
BORROWED
# OF PAYMENTSPAYMENT TOTAL
INTEREST
PAYMENTTOTAL
INTEREST
$2,00046$50$271$51$340
$2,625 63$50 $495$51$618
$3,00076$50$672$50$874
$4,000108$50$1,332$50 $1,817
$5,000120$57$1,905$61$2,359
$6,000 120 $69$2,286$74$2,736
$7,000120$81$2,667$86$3,303
$8,000 120$92$3,048$98$3,774
$9,000 120$104$3,429$110$4,247
$10,000120$115$3,810$123$4,718
$12,000120$138$4,572$147$5,662
$14,000120$161$5,334$172$6,605
$16,000 120$184$6,095$196$7,549
$18,000120$207$6,857$220$8,492
$20,000120$230$7,619$245$9,437
$25,000120 $288$9,524$307$11,796
$30,000 120$345$11,429$368$14,155
$35,000120 $403$13,334$429$16,514
$40,000120$460$15,239$491$18,873
$45,000120$518$17,143$522$21,233
$50,000120$575$19,048$613$23,591
$55,000120$633$20,953$675$25,951
$60,000120$690$22,858$736$28,310