Walden University s Title IV code for financial aid is G25042. This loan is available, in whole or part, to degree-seeking students. Loan amounts are based upon demonstration of financial need up to a maximum amount established by the U.S. Department of Education. The federal government pays the interest while the student is in school. This loan is available, in whole or part, to degree-seeking students who either do not meet the need requirement for, or wish to borrow in excess of, the amount available under the Federal Subsidized Stafford Loan.
Students are responsible for the payment or deferral of any interest accrued while in school.
This process takes approximately five to eight weeks from the initial application through the receipt of funds. New students applying for the Federal Family Education Loan Program must submit a Free Application for Federal Student Aid no later than 45 days prior to their start date. In accordance with U.S. Department of Education regulations, Walden University is required to verify the accuracy of financial aid application information on selected students. Students may be selected randomly for verification or may be selected on the basis of predetermined edit check criteria. Satisfactory Progress for Receipt of Financial Aid Walden University maintains satisfactory progress standards for receipt of Title IV student financial assistance that comply with U.S. Department of Education regulations.