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Skip to content Skip to search Skip to footer Financial Aid Close How Aid WorksHow Aid Works Affordability Cost of Attendance Expected Family Contribution Types of Aid Graduate Students Cost Calculators Financial Aid Dictionary Apply or Renew AidApply or Renew Aid First-Time Applicants Current Students Post-Baccalaureate Pre-Med Student Graduate Students Application Deadlines Payment &＃038; FinancingPayment &＃038; Financing Standard Billing Installment Payment Plan Partners in Education with Parents (PEP) Financial Planning Comparison Worksheet Financial WellnessFinancial Wellness iGrad Common Questions Financial Aid Portal Cost Calculators Form Library Contact Us Search Menu Search for: Search Close Search View All Announcements Washington University adopts ‘no-loan’ financial aid policy September 8, 2023September 8, 2023 As part of its sustained commitment to removing financial barriers for admitted undergraduate students, Washington University in St. Louis has adopted a “no-loan” financial aid policy for all undergraduates effective fall 2024. So, what does this mean? This means that need-based loans for undergraduate students will be removed from all financial aid packages and replaced with scholarships and university grants, ensuring that all admitted students can obtain a world-class WashU education without going in to debt. Adoption of our “no-loan” policy for all is our latest step towards expanding financial aid at WashU. This move follows initiatives like our WashU Pledge, which provides a full undergraduate education, including tuition, fees, housing and meals, to students in Missouri and southern Illinois with annual family incomes of $75,000 or less; and our shift to need-blind admissions in 2021, a move made possible by the university’s $1 billion investment in its Gateway to Success initiative. In short, we’re committed to doing what it takes for our students to receive a WashU education without the burden of student loan debt. To quote our Chancellor, Andrew D. Martin, “No one should have to borrow money to obtain an undergraduate degree, and moving forward here at WashU, they won’t.” Learn more MSC 1041-105-05 One Brookings Drive St. Louis, MO 63130-4899 Physical Address: Room 020 Sumers Welcome Center 314-935-5900 | 888-547-6670 [email protected] Facebook YouTube Instagram Snapchat TikTok Resources Financial Aid Portal Form Library MyinTuition Cost Estimator Net Price Calculator Undergraduate Admissions Report Website Issue Common Questions Financial Aid Dictionary Contacts Policies & Procedures Consumer Information FAFSA CODE: 002520 ©2024 Washington University in St. Louis