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getting started  Financial Aid 101

What is Financial Aid?

Financial aid refers to funding intended to help students pay expenses related to their 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 awarded based on merit or need. Merit-based aid is awarded based on the recognition of special skills, talents, or academic ability. Need-based aid is awarded based on the applicant demonstrating financial need for the award.

calculate 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 Free Application for Federal Student Aid (FAFSA):

  • 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).

Cost of Attendance | 2021-2022

Personal expenses, room and board, and transportation costs are components normally used in calculating the cost of attendance.

$14,426 In-State
Full Time | Total Cost of Attendance

$27,241 Out-of-State
Full Time | Total Cost of Attendance

Full Time Tuiton/Fees
2021-2022
  In-State Out-of-State
Tuition/Fees  $ 4,400  $ 17,215
Other Expenses
2021-2022
  In-State and Out-of-State
Books & Supplies $ 1,450
Room & Board $ 4,176
Personal $ 1,400
Dependent Care $ 0 
Transportation $ 3,000
Total Other Expenses $ 10,026

$10,888 In-State
Three-Fourths Time | Total Cost of Attendance

$20,499 Out-of-State
Three-Fourths Time | Total Cost of Attendance

Three-Fourths Time Tuiton/Fees
2021-2022
  In-State Out-of-State
Tuition/Fees  $ 3,368  $ 12,979
Three-Fourths Time Other Expenses
2021-2022
  In-State and Out-of-State
Books & Supplies $ 1,088
Room & Board $ 3,132
Personal $ 1,050
Dependent Care $ 0 
Transportation $ 2,250
Total Other Expenses $ 7,520

$7,298 In-State
Half Time | Total Cost of Attendance

$13,705 Out-of-State
Half Time | Total Cost of Attendance

Half Time Tuiton/Fees
2021-2022
  In-State Out-of-State
Tuition/Fees  $ 2,284  $ 8,691
Half Time Other Expenses
2021-2022
  In-State and Out-of-State
Books & Supplies $ 726
Room & Board $ 2,088
Personal $ 700
Dependent Care $ 0 
Transportation $ 1,500
Total Other Expenses $ 5,014

$2,274 In-State
Less Than Half Time | Total Cost of Attendance

$5,477 Out-of-State
Less Than Half Time | Total Cost of Attendance

Less Than Half Time Tuiton/Fees
2021-2022
  In-State Out-of-State
Tuition/Fees  $ 1,162  $ 4,365
Less Than Half Time Other Expenses
2021-2022
  In-State and Out-of-State
Books & Supplies $ 362
Room & Board $ 0
Personal $ 0
Dependent Care $ 0 
Transportation $ 750
Total Other Expenses $ 1,112

Tuition and Fees

Net Price Calculator

Net Price CalculatorThis calculator is intended to provide estimated net price information (defined as estimated cost of attendance — including tuition and required fees, books and supplies, room and board (meals), and other related expenses — minus estimated grant and scholarship aid) to current and prospective students and their families based on what similar students paid in a previous year.

Use the Net Price Calculator Now

 

 

6 Steps to apply for financial aid

Types of Aid

FAQs- Including Tips on Completing FAFSA and How to Access Financial Aid information