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There are three types of financial aid sources that are outlined below.
Federal Programs
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Need Based |
2009-10 Academic Year Max |
Degree Program |
Enrollment Status |
Interest Rate
(New Borrowers) |
Pay Back? |
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| Smart Grant |
Yes |
$4,000 |
BS & BIT |
FT(Pell Eligible) |
---- |
No |
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| Pell Grant |
Yes |
$5,350 |
UG |
FT, TQ, HT, LTHT |
---- |
No |
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| SEOG |
Yes |
$900 |
UG |
FT, TQ, HT |
---- |
No |
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| Stafford Subsidized Loan (Government pays accruing interest while in school) |
Yes |
$5,500
$8,500 |
UG
GR |
FT, TQ, HT
FT, TQ, HT |
fixed 5.6%
fixed 6.8% |
Yes |
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| Stafford Unsubsidized Loan (Student pays accruing interest while in school) |
No |
$7,000
$12,000 |
UG
GR |
FT, TQ, HT
FT, TQ, HT |
fixed 6.8%
fixed 6.8%
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Yes |
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| Plus Loans (for parents of dependent students) |
No |
cost of attendance |
UG |
FT, TQ, HT |
fixed, currently at 8.5% |
Yes |
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| Grad Plus Loan (for graduate students) |
No |
cost of attendance |
GR |
FT,TQ,HT |
fixed, currently at 8.5% |
Yes |
State Programs
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Need Based |
2009-10 Academic Year Max |
Degree Program |
Enrollment Status |
Pay Back? |
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| Michigan Tuition Grant |
Yes |
Unknown
(full-time) |
UG, GR |
FT, TQ, HT |
No |
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| Michigan Competitive Scholarship |
Yes
(& ACT Scores) |
Unknown
(full-time) |
UG |
FT, TQ, HT |
No |
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| Adult Part-time Grant |
Yes |
Unknown |
UG |
TQ, HT,LTH |
No |
Walsh College is not financially accountable for Federal or State grant award amounts which are subject to change without notice. Maximum award amounts are listed and are based on full-time enrollment and will be reduced for three-quarter time and half-time.
Scholarship Programs for Undergraduate Students
Enrolling After July 1, 2002
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Need Based |
2009-10 Academic Year Max |
Degree Program |
Enrollment Status |
Academic Performance |
Pay Back? |
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| Jeffery Barry Scholarship |
No |
$1,250 per semester for 8 semesters |
UG |
FT, TQ, HT |
Accounting |
No |
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| Community College Excellence Award |
No |
$1,250 per semester for 8 semesters |
UG |
FT, TQ, HT |
For New Students from a Michigan Community College |
No |
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Academic Awards
Multi-Cultural Award |
No |
$500-$1,000 per semester for 8 semesters |
UG |
FT, TQ, HT |
Minimum 2.500 GPA required. Academic major considered. |
No |
Outside Scholarships -- Information is available in the Financial Aid Office.
* Based upon funds available.
** Renewable if cumulative GPA is maintained at 3.5 or higher at the end of each semester of an academic year.
*** You must be enrolled at least half-time after the drop/add period for payment to be applied to your account.
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