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| Other Financial Aid Frequently Asked Questions |
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What if I need to take several months off from my studies? Do I have to begin paying back my loans?
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You may take time up to five months off at the end of any six-month term by submitting a written
request. You have a six-month grace period before your loan goes into repayment. If you re-enroll within 180 days you will not use your one time six-month grace period. You may start a new term on the first day of any calendar month.
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What's the difference between a "dependent" and "independent" student?
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A dependent student is one who is required to use parental information on the FAFSA. Independent students use only their own financial information.
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What if I lose my job or incur major medical expenses? Can I get my financial aid award amount increased?
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There is a possibility that you may be able to appeal your award if you have special
circumstances. Appeals for special circumstances are reviewed by a professional loan
counselor. All appeals must be fully documented in order to meet federal audit requirements.
Approval may mean a change in the type of funds awarded and not an increase in aid.
For information contact the WGU Financial Aid Office.
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What is considered "satisfactory" academic progress?
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Satisfactory academic progress is a federal government requirement. In order to remain
eligible for financial aid, you must be progressing toward your degree at a reasonable
rate. At WGU, your progress will be monitored by your mentor, who will make sure you are
completing WGU competency units on time and are otherwise moving through your WGU Academic
Action Plan appropriately. Your mentor will conduct a satisfactory academic progress review
every six months, in addition to normal advising and monitoring. Please review the Satisfactory
Academic Progress Policy in the "More Information About Financial Aid" section of this Web site.
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What if I decide to quit working toward my degree?
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When you withdraw from WGU or drop below full time you may be required to repay part of a Pell Grant received. See the Return of Title IV Funds policy for more info. If you borrowed a student loan you will enter repayment (just as you would when you graduate). That means that your six month grace period begins. You must make your first payment on your loan(s) at the end of the grace period. Remember, if you received an unsubsidized loan, you will be charged interest during the grace period.
Under certain, limited circumstances, you can receive a deferment or forbearance on your loan. A deferment allows you to temporarily postpone payment if, for instance, you are unable to find full-time employment, return to college, or experience economic hardship. If you are not eligible for a deferment, you may receive a forbearance. During forbearance, your payments are postponed or reduced.
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"Opened doors…"
"WGU has opened doors for me that I would not have been able to access without an extreme inconvenience for my family, my career, and myself."
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| —Connie Keogh, WGU graduate |
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"On my own time…"
"I chose WGU because of the freedom of doing the work on my own time and at my own pace. In the past, I had started master's programs twice through regular universities and found the class schedules impossible to fit into my schedule."
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| —Dennis Nalder, WGU graduate student |
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"Speed their licensure…"
WGU Teachers College will be a boon to states seeking training for current teachers and paraprofessionals to help them meet the education requirements under the No Child Left Behind Act and speed their licensure."
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| —Rod Paige, Former Secretary, U.S. Dept. of Education |
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more testimonials > |
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