Option 1- Per Semester Payments
Students can do a one-time payment and pay for the full semester all at once. This can be done by going to https://mycollegepaymentplan.com/walsh-university and logging in.
Option 2- Payment Plan
Students can utilize a payment plan. Payment plans allow for a student to pay a certain amount each month in order to cover their semester cost. More information about Walsh’s new payment plan options will be coming in early June.
Option 3- Parent Plus Loan
Go to https://studentaid.gov and login with the Parent FSA ID
Hover over “Apply for Aid” > Click on “Apply for a Parent Plus Loan”
Scroll down and click on “START” under Apply for a PLUS loan
Read each section carefully and follow the prompts to complete the application.
If you are trying to cover the student’s balance, increase the loan amount by 4.3% for the fee charged at disbursement.
- Choose the correct loan period based on semesters enrolled.
- Once completed, it will show credit status.
- If denied, choosing not to pursue will grant student additional Stafford loan money depending on their rank.
- First time approved borrowers must complete Master Promissory Note (MPN).
- This application may take up to 30 minutes to complete.
- Walsh University will receive the application electronically in 24-48 hours.
Option 4- Private Loans
Private loans (often referred to as alternative loans) are non-need based loans students may borrow to help pay for educational expenses. There are many private loan options to choose from including local banks, national banks, credit unions, and online lenders. Walsh University does not have a preferred lender.
Students are the borrowers with alternative loans, although the vast majority of applications require a co-signer. Some lenders also offer alternative loan options for parents.
Although private loans are ‘above and beyond’ what is awarded by the University, the school must certify that the loan, along with the student’s other financial aid, does not exceed the cost of attendance. It is usually best to wait until a student has been awarded his/her financial aid before applying for an alternative loan in order to have a better idea of how much to request.