The financial aid process may seem complex, however the professional staff in the Financial Aid Office stand ready to assist you in negotiating the process of applying for financial aid. This is money given to the student for their educational costs that does not have to be repaid. Grants are generally based on financial need. Another form of grant financial aid based on the merit and accomplishments of the student are more often known as Scholarships or Awards. This is money loaned to the student that must be repaid with interest over a period of time.
Most loans allow a student to complete their education before beginning repayment.
There are some loans available to parents for their student's educational costs. This is money a student can earn to use for their education costs. Workstudy, where a student obtains a job on campus and is paid an hourly wage, is an example of Self-Help financial aid. All of these are available at Waldorf College. The State of Iowa offers a state grant which can be applied for by all residents of Iowa.