Federal aid received at another institution may impact the amount of federal aid that you may receive at Walden. As required by federal regulations, Walden participates in the transfer monitoring process whereby the U.S. Department of Education may take up to 90 days into the start of your first term or payment period to notify Walden that you have federal aid offered at another institution that overlaps your enrollment dates at Walden. The Office of Financial Aid may not be able to make an initial financial aid offer, may make an initial offer at a reduced amount, or may have to cancel or reduce aid that has already been offered if we receive information that you have applied for and/or received federal aid at another institution for an overlapping period. For example, if the academic year at your prior institution ends even one day after your start quarter/semester, subscription period, or financial aid academic year at Walden, you have an overlapping period and Walden must deduct aid received at the other institution from your annual eligibility at Walden.
For Walden programs that allow mid-term starts, the start date of the full term is used to determine if there is an overlap with the prior institution.