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Financial Aid

Financial Aid CalulatorWaldorf University is committed to making our high quality academic experience accessible to all qualified students regardless of income levels. No student should be discouraged from applying to the University because of a lack of funds! The financial aid process may seem complex, however the professional staff in the Financial Aid Office stand ready to assist you in the process of applying for financial aid. Keep in mind, Waldorf offers one of the most affordable educations in Iowa and touts one of the lowest debt-upon-graduation rates in Iowa too!

The primary purpose of the financial aid program at Waldorf is to make it possible for qualified students who have financial need to bridge the gap between the cost of education and the family's ability to pay. Of the students that enroll at Waldorf, 100% receive some form of scholarship or award.

All students admitted to Waldorf are eligible to be considered for financial assistance-either based on financial need, academic achievement, or special ability.

Contact us at: 800-292-1903 or 641-585-8120 or

The following information is provided to acquaint you with some general financial terms and policies.

Types of Financial Aid


This is money given to the student for their educational costs that does not have to be repaid. Grants are generally based on financial need. Another form of grant financial aid based on the merit and accomplishments of the student are more often known as scholarships or awards.


This is money loaned to the student that must be repaid with interest over a period of time. Most loans allow a student to complete their education before beginning repayment. There are some loans available to parents for their student’s educational costs.


This is money a student can earn to use for their education costs. Work-study, where a student obtains a job on campus and is paid an hourly wage, is an example of self-help financial aid.

Main Sources of Financial Aid


Federal financial aid, also known as Federal Title IV aid, includes Pell Grants, Supplemental Educational Opportunity Grants (SEOG), Direct Loans and Federal Work Study. All of these are available at Waldorf. Students must complete a Free Application for Federal Student Aid (FAFSA) to be eligible for federal aid. Eligibility for federal aid programs is determined by the federal government and based on each student’s FAFSA. Reminder: Iowa students must file their FAFSA by July 1, 2014 in order to be eligible for the Iowa Tuition Grant.


The State of Iowa offers a state grant which can be applied for by all residents of Iowa. The grant is based on need. Waldorf students who reside in Iowa may apply for this grant by returning the appropriate form (available at the Waldorf Office of Student Financial Aid).

Private Alternative Loans

There are many ways to pay for higher education, and choosing the right approach requires a good understanding of your options, your responsibilities, and the various details of each lender's loan products.

Private Scholarships

Many private and local organizations have grants and scholarships available to students who apply for them. Check with your Guidance Counselor or with local organizations to see if you qualify for this aid. Generally these awards can be used by the student at the college of her/his choice.

Waldorf Scholarships

Waldorf offers all three types of financial aid to help students obtain their college education. To be eligible for Waldorf Scholarships you must be accepted by the University into a degree or certificate program and must return the appropriate forms and requested information by the established deadlines. Specific information on forms required and deadlines can be obtained from the Office of Admissions or Student Financial Aid. A listing of financial aid available at Waldorf follows.

Waldorf University does not discriminate on the basis of race, color, national origin, age or handicap in admission or access to, or treatment or employment in, its programs or activities.