Financial Aid 101

What is Financial Aid?

For eligible students, financial aid may be offered to meet or reduce the cost of education. Sources may be from grants, scholarships and work-study programs from federal, state, institutional and private sources. Financial aid from these programs may be combined in an "award package" to meet or defray from the cost of education.

Financial Aid is not intended to cover all basic living expenses.  However, in many cases it is available to help students achieve their college goals without placing a financial burden on their families.

Financial aid may be offered based on merit or need. Merit-based aid is offered based on the recognition of special skills, talents, or academic ability. Need-based aid is offered based on the applicant demonstrating financial need.


What is Financial Need?

Financial need is the difference between the cost of attending Walters State and the family's ability to pay. The family's ability to pay, called the Expected Family Contribution (EFC), is determined by completing a need analysis application, the


Filing the FAFSA is a free service that enables a Walters State student to apply for all types of need-based student aid. The application, which collects income and asset information, must be submitted for analysis and computation of the Expected Family Contribution (EFC).


Apply for Aid

Financial Aid helps students pay for their education. Learn how to apply for financial aid.

Types of Aid

Many types of financial assistance are available to help pay for the cost of education. Find out more.


Cost of Attendance

Please, visit the Cost of Attendance page for more information.


Cost of Attendance


Additional Resources



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