There are three types of financial aid sources that are outlined below. If you are a service member or veteran, click here for information on military benefits.
| |
Need Based |
2021-22 Academic Year Max |
Degree Program |
Enrollment Status |
Interest Rate
(New Borrowers) |
Pay Back? |
| |
|
|
|
|
|
|
| Pell Grant |
Yes |
$6,495 |
UG |
FT, TQ, HT, LTHT |
---- |
No |
| |
|
|
|
|
|
|
| SEOG |
Yes |
$1,200 |
UG |
FT, TQ, HT |
---- |
No |
| |
|
|
|
|
|
|
Federal Direct
Subsidized Loan (Government pays accruing interest while in school) |
Yes |
$5,500
|
UG
|
FT, TQ, HT
|
fixed 2.75%
|
Yes |
| |
|
|
|
|
|
|
Federal Direct
Unsubsidized Loan (Student pays accruing interest while in school) |
No |
$7,000
$20,500 |
UG
GR |
FT, TQ, HT
FT, TQ, HT |
fixed 2.75%
fixed 4.30%
|
Yes |
| |
|
|
|
|
|
|
| Federal Direct Plus Loans (for parents of dependent students) |
No |
cost of attendance |
UG |
FT, TQ, HT |
fixed, currently at 5.30% |
Yes |
| |
|
|
|
|
|
|
| Federal Direct Grad Plus Loan (for graduate students) |
No |
cost of attendance |
GR |
FT,TQ,HT |
fixed, currently at 5.30% |
Yes |
| |
Need Based |
Academic Year Max |
Degree Program |
Enrollment Status |
Pay Back? |
| |
|
|
|
|
|
| Michigan Tuition Grant |
Yes |
$2,400
(full-time) |
UG |
FT, TQ, HT |
No |
| |
|
|
|
|
|
| Michigan Competitive Scholarship |
Yes
(& ACT Scores) |
$2,400
(full-time) |
UG |
FT, TQ, HT |
No |
| |
|
|
|
|
|
Walsh is not financially accountable for Federal or State grant award amounts which are subject to change without notice. Maximum offer 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
| |
Need Based |
Academic Year Max |
Degree Program |
Enrollment Status |
Academic Performance |
Pay Back? |
| |
|
|
|
|
|
|
| Jeffery Barry Scholarship |
No |
$1,250 per semester for 8 semesters |
UG |
FT, TQ, HT |
Accounting |
No |
| |
|
|
|
|
|
|
| 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 |
| |
|
|
|
|
|
|
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 |
* 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.
****FT - full time, TQ - three-quarter time, HT - half time, LTHT - less than half time.