Answered By: Abigail Caraccio Last Updated: Jan 23, 2017 Views: 634
When will I be awarded financial aid?
You are normally awarded financial aid within 4 weeks of the start of the term. However, the following conditions could affect your award time:
- If you submit your FAFSA close to or after the start date, it normally takes 5 business days for the government to send us your information. Once we receive this, it takes the Financial Aid office 7 business days to award your aid.
- If you are near your lifetime limit, your account must go through a manual review process prior to awarding. This process takes 2 weeks from the receipt of your FAFSA. To see if your file requires manual review, go to the myFinAid portal and select the Messages tab.
- If you are applying for a GradPlus Loan, you must complete a credit application and promissory note with your loan application. We normally receive your credit decision within 3 business days. From that point it takes an additional 7-14 business days to award you.
For more details regarding our awarding process and time frames, please see our awarding video.
Video: Understanding the Walden Financial Aid Awarding Process
(4 min 36 sec)
Do you have other questions about financial aid? Call us at 800-925-3368 or email us at email@example.com.