How Financial Aid is Calculated

The amount of financial aid you can receive is based on how much you need for educational costs, including tuition, fees, books and supplies, technology, and qualified travel, as well as room and board. There are many components examined to determine the amount of aid you’re eligible to receive, including:

There is, however, a general formula that can give you an idea of what you might be eligible for. (Speak to an Enrollment Counselor who can connect you with the Financial Aid department to answer your questions.)

(Cost of Attendance) – EFC = Financial Need

The cost of attendance (COA), which is estimated by WGU, takes into account your WGU tuition and the typical cost of books or other materials, travel, technology, and room and board. The expected family contribution (EFC) is determined by the FAFSA process.

Note: To be eligible for federal financial aid, you cannot have defaulted on previous loans or been convicted on felony drug charges.