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Plan ahead to meet tuition deadlines.
It is your responsibility as a student to make the necessary arrangements to pay your tuition obligations by the stated deadlines. If you are an incoming student, your program start date can be delayed if you do not meet the 22nd deadline.
Click here to learn more about tuition and fees
Click here to read more about WGU’s
The most important word here is "loan." If you accept federal financial
aid in the form of either a subsidized or unsubsidized Federal Direct Loan,
it is a loan. You will be required to repay this loan once you have completed your
degree program. Even if you withdraw from WGU, you will be required to pay back any loan funds you borrow. Before you apply for aid, consider how you plan
to repay the loans. Interest rates are currently modest, and repayment terms are reasonable. But you must be prepared to repay it whether you graduate or not.
Click here to learn more about financial aid.
Most WGU students qualify for at least one type of federal aid. To be eligible for
aid, you must be a U.S. citizen or eligible non-citizen with a valid Social Security
Number who possesses a high school diploma, GED, or its equivalent. If you are a
male, you must also be registered with the Selective Service. In addition, you must
not be in default on a previous student loan or owe an overpayment on a grant.
The amount of financial aid you are eligible to receive will be based on:
The amount of financial aid you can receive is based on how much you need for educational
costs, which include tuition, fees, supplies, technology, room and board, and other expenses. The following formula is used to calculate your
Financial Need = Cost of Attendance – Expected Family Contribution
The cost of attendance (COA), which is estimated by WGU, takes into account your
WGU tuition and typical cost of supplies, travel, technology, and
other expenses. The expected family contribution (EFC) is determined by the FAFSA process. The lower your EFC, the more aid you are likely to receive.
Your award letter states the loans and grants for which you are eligible. You should
receive this letter via email from the Financial Aid Office within 2 to 4 weeks
of completing the financial
aid application process. WGU is responsible for disbursing your aid. We
will "draw down" the available funds for tuition and fees within 4 to
6 weeks after you begin your program. Any excess funds are paid directly to you
for supplies, computer technology, and other expenses. If you do not have
enough financial aid funds to cover your tuition and fees, you will be notified
by the Bursar.
You may take a break or time off for one to three months at the end of any six-month term by submitting a request. When you have “exited” active status, you have a one-time six-month grace period before your loan goes into repayment. Whether you return following a three-month break or request to re-enroll within 180 days following a withdrawal, you will not use your one-time six-month grace period.
A dependent student is one who is required to use parental information on the FAFSA. Independent students use only their
own financial information.
There is a possibility that you may be able to appeal your award if you have special
circumstances. Appeals for special circumstances are reviewed by a counselor. All appeals must be fully documented in order to meet federal audit
requirements. Approval may mean a change in the type of funds awarded and not an
increase in aid. This process can be lengthy and may require several pieces of documentation from you. For more information, contact the Financial Aid Office via email
Satisfactory academic progress is a federal government requirement. In order to
remain eligible for financial aid, you must be progressing toward your degree at
a reasonable rate. At WGU, your progress will be monitored by your mentor, who will
make sure you are completing WGU competency units on time and are otherwise moving
through your WGU Degree Plan appropriately. Your mentor will conduct a
satisfactory academic progress review every six months, in addition to normal advising
and monitoring. Please review the Satisfactory Academic Progress Policy.
When you withdraw from WGU or drop below full-time status, you may be required to repay
part of the financial aid funds received. See the
Return of Title IV Funds policy for more information. If you borrowed a
student loan, you will enter repayment (just as you would when you graduate). That
means that your six-month grace period begins. You must make your first payment
on your loan(s) at the end of the grace period. Remember, if you received an unsubsidized
loan, you will be charged interest during the grace period.
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