Home Veterans Financial Planning

Tuition & Fees

WAU is committed to keeping the overall cost of attendance as affordable as possible. For the past three years, WAU has kept its tuition rate the same.

Academic Year  - 2012-2013



General/Technology Fee

$ 275

* $20,160 @ $560 per credit hour for 36 credits.

Total Yearly Cost of Tuition and Fees is:   $20,435

How to Apply for Funding and Assistance

WAU encourages applicants to the University to apply for financial aid. In order to be considered, you must submit the FAFSA (Free Application for Federal Student Aid) at Filing this form in a timely manner will enable us to consider you for all types of need-based aid. WAU’s Student Financial Services Office reviews the family financial circumstances of each admitted student and determines your financial need based on information supplied by the FAFSA.

If you have not yet filed your current year taxes (2012), you can estimate your income on the FAFSA by using year-to-date pay stubs and bank statements and comparing data with last year’s federal taxes. Please be as accurate as possible; variances with finalized information can result in an adjusted award.

Graduate Loan Options

Graduate Loans

The Student Financial Services office offers financial aid in the form of Federal Direct Loans, Graduate PLUS loan and private alternative loans to students who have been admitted to one of our graduate degree programs.  The application process differs slightly for each type of loan program.  First-time borrowers at Washington Adventist University must submit a Master Promissory Note for the Federal Direct and Federal Graduate PLUS loans. Private alternative loans require applications with the lender.  All loan types require that the Entrance Counseling be submitted to our processing center.   Federal Direct and Graduate PLUS loan applicants are required to file the FAFSA each academic year.  You can find the Entrance Counseling and e-MPN at

Following are brief descriptions of the loan programs, as well as an overview of the process involved in applying for these types of loans.

Federal Direct Loans

Graduate students at Washington Adventist University may borrow up to $20,500 in Unsubsidized Federal Direct Loan funds per academic year; the loan amount is based on the number of credit hours the student plans to take.  Those who feel they need more than the $20,500 maximum may seek a Graduate PLUS loan or private alternative loan to further cover their educational costs.  Loans are disbursed equally between the fall and spring semesters (if the student is enrolled in both semesters).  Loans can be disbursed for summer term if student was not enrolled for one of the fall or spring semesters.

Direct Unsubsidized Loans have a fixed interest rate of 6.21 percent as set by the federal government.  Unsubsidized Direct Loan eligibility is, in part, determined by information submitted on the Free Application for Federal Student Aid (FAFSA). 

Graduate PLUS Loans

The Graduate PLUS loan is a federally sponsored education loan for graduate students. You are eligible to borrow up to the full cost of education, including tuition, fees, living, book and transportation expenses, less any financial assistance received. We will not be able to certify your Graduate PLUS application until you apply for the Direct Loan.  Graduate PLUS Loans have a fixed interest rate of 7.21 percent as set by the federal government, so you can borrow for your education without worrying about increases in interest rates or changes in monthly payments.

A minimum credit check is required for all Graduate PLUS borrowers.  If you are not eligible based on your own credit rating, you may become eligible if you obtain an endorser for the loan.

Private Alternative Loans

Private alternative loans are available to graduate students who feel they will need more than the $20,500 maximum available from the Federal Stafford Loan program or students enrolled in certificate programs that are not Stafford eligible.  Most private alternative loans allow a student to borrow up to the cost of attendance minus any other aid.

National Student Loan Data System (NSLDS)
Loan Reporting

All federal student loans obtained by a student or parent are reported to and tracked on the National Student Loan Data System (NSLDS).  NSLDS loan records are accessible to all authorized NSLDS users, including schools, student loan guaranty agencies, lenders, federal agencies, and other authorized users. 

Alternative and private education loan information is not reported to NSLDS.

Accessing NSLDS

Student and parent loan borrowers may view their federal loan information at NSLDS.  Borrowers access the system using their federal PIN.  Students can also access prior federal grant information at NSLDS. 

Strategies for Financing Your Education

With the rising costs of tuition combined with the current economic situation confronting families, there are many questions that you may have about the affordability of attending WAU.  We offer the following advice:

  1. Plan early.

  2. Do research to find out what federal, university, state, private, activity and academic help is out there, as well as what independent scholarships, funding and awards are available.

  3. Never self-select out of financial aid. Apply even if you don’t think you have need.

  4. Follow deadlines in order to avail yourself of all opportunities and options.

  5. Have family conversations about affordability and how much of a financial commitment your family is willing to assume.

  6. Talk to a financial aid counselor for help in understanding what you may be eligible for.

Other Expenses

Living Expenses

Living expenses vary, depending on a graduate student’s preference for housing. An average calculation for graduate students living in the Washington metropolitan area includes:

Housing, meals, transportation and personal expenses: $16,760

Books and supplies: $1,200