As a graduate institution, Westminster is unable to offer federal grants toward tuition, but are approved to offer federal loans for financial aid.
If you are looking to request a loan for the 2018-19 year, please follow the instructions below.
Loans: Two types
There are two types of loans for students: federal Direct Unsubsidized loans and private loans. Both loans have competitive rates, so you are encouraged to look into both options to see what is best for you. We are more than happy to walk through both options with you in depth for further clarification.
How to request a federal loan
If you are looking to take out a federal Direct Unsubsidized loan, you will need to be at least half-time, taking 1 course per term. To request a loan, please follow the process below:
- Complete your 2018-19 FAFSA using your 2016 tax data.
- Transfer your 2016 tax information into the FAFSA using the IRS Data Retrieval Tool or request a copy of your 2016 tax return transcripts from the IRS to be submitted to Westminster.
- Complete a loan request form.
- Complete Entrance Counseling.
- Complete an online Master Promissory Note.
Information about all of the above listed documents (also called components) are available on your Populi account under the Financial Aid tab. These will be updated often to reflect your live checklist for you to monitor the status of your federal loan application.
Once your loan request has been approved or denied, the Financial Aid Office will send an email confirming the loan offered to you. Any loan offered to you will be added to your Populi account, where you will to need accept, adjust, or decline the loan that is offered to you before the loan can disburse.
Loans are available to be originated at any time during the semester, but the loan will be disbursed during the next available disbursement date.
If you have any questions about the loan process, please contact firstname.lastname@example.org.