Financial Aid— Making Education Accessible
At William Howard Taft University, we are committed to helping students make their education more affordable. Our financial aid options, including federal loans, grants, and scholarships, are designed to provide access to quality education without financial barriers. Below, you’ll find essential information on eligibility, aid options, and how to apply.
Key Links
Types of Aid
Students may be eligible for the following types of financial support:
Federal Loans
Available for eligible students enrolled at least half-time, these loans provide financial assistance with flexible repayment options.
External Grants or Scholarships
Need-based and merit-based financial assistance that does not require repayment. These grants are awarded based on financial need and the availability of funds. There are many organizations outside of WHTU offering these options.
Military and Veteran Benefits
Assistance for active-duty service members, veterans, and their dependents, helping them pursue higher education with financial support.
Federal Direct
Loan Programs
William Howard Taft University participates in the Federal Direct Loan Program, providing eligible students with access to low-interest loans to help finance their education. Loan limits, interest rates, and eligibility requirements are set by federal law and may vary based on individual circumstances.
For the most current rates and detailed program information, visit the Federal Student Aid website:
Unsubsidized Loans
Available to undergraduate, graduate, and professional students regardless of financial need. Interest accrues during all periods.
PLUS Loans
Credit-based loans available to graduate students or to parents of dependent undergraduate students. These loans help cover educational expenses not met by other financial aid.
Federally Insured Student Loans
Eligibility Requirements
Financial aid is available for those who qualify. An individual must:
- Enrollment: Be enrolled in an eligible degree program (Directed Study Specifically).
- Education Level: Not be enrolled in elementary or secondary school; must have a high school diploma or equivalent.
- Citizenship: Be a U.S. citizen or national, permanent resident, or other eligible noncitizen.
- FAFSA: Complete the Free Application for Federal Student Aid (FAFSA) each year.
- Social Security Number: Have a valid SSN (with limited exceptions).
- Academic Progress: Maintain satisfactory academic progress (SAP) as defined by the institution.
- Financial Integrity: Not be in default on a Title IV loan or owe an overpayment on a Title IV grant.
- Statement of Educational Purpose: Certify educational purpose and provide required documentation.
- Other Restrictions: Cannot have fraudulently obtained Title IV funds; must repay any excess loan amounts if applicable.
- Dependency Status: Determined by FAFSA rules (e.g., age, marital status, military service, dependents, homelessness).
Important Considerations for Loan Eligibility
Program Modality Matters
Students in the Directed Study modality may qualify for Federal Financial Aid, while those in the Independent Study modality are not eligible. However, both modalities may qualify for veterans’ educational benefits, employer tuition assistance, and external grants.
Federal Direct Loans
These low-interest loans are issued by the U.S. Department of Education and offer significant advantages over traditional consumer loans:
- Repayment is deferred until six months after graduation or withdrawal.
- Loan approval is not based on credit history, meaning a low FICO score, bankruptcy, or foreclosure will not disqualify a student.
- Interest rates are set by Congress and are typically lower than conventional loans. Current rates can be found on the U.S. Department of Education’s website.
How to Apply
Applying for admission and financial aid at William Howard Taft University is a straightforward process, designed to guide you step by step from application to enrollment. By completing your admission form, submitting the FAFSA, and providing required documentation, you’ll be on your way to securing the financial support needed to begin your studies. Our Financial Aid Office is here to assist you at any point along the way.
Apply for Admission
Complete and submit an Application for Admission to any of the University’s Directed Study programs.
Complete the FAFSA
Submit the Free Application for Federal Student Aid (FAFSA) online, ensuring accuracy. Use The William Howard University System School Code (G41004) to allow the Financial Aid Office to receive your application. Filing the FAFSA through the Department of Education’s website is free. (Do not use third-party sites such as www.fafsa.com, which charge fees.)
Review and Respond
After admission approval and receipt of FAFSA information, the Financial Aid Office will contact you via email. If additional information is required, respond promptly. Processing typically takes 5-10 business days.
Complete Loan Requirements
Once the FAFSA is finalized, log in with your PIN to complete a Master Promissory Note and Entrance Counseling.
Submit Transcripts
Request official transcripts from all previously earned degrees.
Need Help
Along the Way?
Our Financial Aid Office is here to guide you through every step of the application process, from completing your FAFSA to submitting transcripts. Reach out anytime for personalized assistance.
Financial Aid FAQs
Have questions about eligibility, the FAFSA, or how aid is applied to your tuition? Our Financial Aid FAQs provide clear answers to the most common questions and helpful guidance to make the process easier.
Net Price Calculator
Get a personalized estimate of what you'll actually pay to attend WHTU. Our Net Price Calculator takes into account tuition, fees, and your eligibility for financial aid—so you can plan with confidence.
Student Loan Deferrals
William Howard Taft University students may be eligible to defer repayment of existing federally insured student loans while enrolled.
Loan deferral eligibility depends on lender policies. Students should confirm with their loan provider before enrollment.
Typically, students who have officially begun their academic program and completed the add/drop period may be eligible to defer repayment of their existing federal student loans. To determine your eligibility and obtain detailed information about the deferment process, please contact the Federal Student Aid Office directly.
Tax Credits
William Howard Taft University students may qualify for federal tax benefits, including the Lifetime Learning Credit, which provides a 20% credit on qualified education expenses.
- Eligibility for 2024 phases out for individuals with a Modified Adjusted Gross Income (MAGI) between $60,000 and $70,000 ($120,000 to $140,000 for joint filers).
- IRS Publication 970 provides detailed information on education-related tax benefits, including deductions, credits, and savings plans that may help reduce the overall cost of your degree.
- WHTU provides IRS Form 1098-T at no charge for tax reporting.
We encourage students to consult with a tax advisor or refer to IRS Publication 970 to determine potential tax benefits.
Take the Next Step Toward Your Degree
Your path to a flexible, affordable education starts here. Whether you’re ready to apply or simply want more information, our team is here to guide you through every step of the process.