Walla Walla University Graduate Bulletin 2012-2014
Financial Information for 2012-2013*
Financial Aid. Walla Walla University assumes that each graduate student has the primary obligation for his/her educational costs. For students unable to meet this obligation while attending Walla Walla University, financial aid is available in the form of student employment, long-term loans, grants, and scholarships. Interest rates for long-term loans are low and repayment does not begin until after a student leaves a full-time graduate program. Grants and scholarships are gifts and do not need to be repaid. In order to receive maximum financial assistance, students should plan their finances for the entire academic school year several months prior to the first quarter of enrollment. Financial counselors are available to provide help in financial planning, applying for financial aid, and in developing plans for payment. The Federal Government now requires that the college have a copy of the baccalaureate transcript prior to disbursements of financial aid to graduate students. Adding or dropping a class on or before the tenth day of the quarter may affect a student’s Financial Aid package.
Federal Stafford Loan Program. Graduate students may borrow up to $20,500 per year at an annual interest rate not to exceed 8.25%. Principal repayment begins six months after the student ceases to be enrolled at least half-time. Loan fees of about up to 4% are deducted from the loan amount before the funds are issued to WWU. The US Government may subsidize some of the interest while the student is in school; the student is responsible for the balance and may either make payments or have the interest added to the principal of the loan. Students receiving a Federal Stafford Loan will need to complete a separate application form, the FAFSA (Free Application for Federal Student Aid). Students are encouraged to complete and submit the FAFSA via the internet at: www.fafsa.ed.gov.
Graduate Tuition. Graduate tuition is $550* per quarter hour.
Payment Plans. The University is not able to finance student accounts. However, several payment plans are available and may be arranged through the Student Financial Services.
Books and School Supplies. Textbooks, school supplies, and other class materials are available at the University Shop. Students should plan on approximately $550 for such purchases each quarter.
Student Insurance. All enrolled, tuition-paying graduate students on the College Place campus, Missoula or Billings sites or Rosario campus are covered by WWU’s Student Accident Insurance Policy, with a maximum coverage of $3,000 per incident. In addition, WWU graduate students may purchase and be covered under the Mandatory Student Sickness and Additional Accident Insurance. For questions regarding coverage, claims or a brochure outlining the benefits, please contact Campus Health Services at 509/527-2425. WWU requires all international students to have the above medical insurance coverage.
Personal Property Insurance. WWU is not responsible for loss of personal property. Students are encouraged to carry their own insurance for coverage of personal belongings.
*For the 2012-2013 academic year, please refer to the on-line Financial Bulletin at: www.wallawalla.edu/academics/bulletins.
Last update on May 10, 2012