How to Apply for Financial Aid
To apply for financial aid, please follow the steps below:
- Step 1: Complete the FAFSA
To be considered for financial assistance, you must complete the Free Application for Federal Student Aid (FAFSA) at www.fafsa.gov and add Pepperdine University using the school code, 001264. For an easy step-by-step guide on how to complete the FAFSA, click here.
In some cases, we may require additional information for your financial aid application. If so, the GSEP Financial Aid Office will notify you via email. You can also check your "To Do" list in your Student Center to find out if additional information is required. (To access your Student Center, log in to Wavenet and click on the "Student Services" link in the upper right of the Wavenet homepage).
Note: If you are planning to enroll in one of our on-campus programs and use federal financial aid in Summer 2021, please submit a 2020-2021 FAFSA by June 30, 2021, midnight Central Time. Otherwise, you will not receive federal financial aid for the Summer 2021 term. Please also complete your 2021-2022 FAFSA application in order to be considered for financial aid for Fall 2021 through Summer 2022.
For 100% online Psychology students: If you plan to use federal financial aid in Summer 2021, please complete a 2021-2022 FAFSA.
- Step 2: View and Accept Your Financial Aid Offer in WaveNet
You will receive an email notification to your Pepperdine email address when you have been awarded financial aid, along with instructions to log into the University portal, WaveNet, to accept, decline, or reduce each financial aid award in WaveNet before your aid can be processed by the Financial Aid Office.
For detailed instructions on how to view and accept, decline or reduce your financial aid awards, view the Wavenet Financial Aid Guide.
- Step 3: Complete Entrance Counseling (New loan borrowers at GSEP only)
If you accepted a Federal Direct Stafford loan, you are required to complete Entrance Counseling online at studentloans.gov. The purpose of Loan Counseling is to inform you of your rights and responsibilities in borrowing a student loan.
- Step 4: Complete an online Federal Direct Stafford Master Promissory Note (MPN) (New loan borrowers at GSEP only)
If you accepted a Federal Direct Stafford Loan, you must also complete an online Direct Loan Master Promissory Note (MPN) at studentloans.gov. Additional information about Federal Direct Stafford Loans can be found by clicking the "Loans" link on the blue menu at the left of this page.
- Step 5: Complete the Federal Direct Graduate PLUS Loan application and Master Promissory Note each academic year.
If you plan to borrow the Federal Direct Graduate PLUS Loan, a PLUS application and PLUS Master Promissory Note are required to be completed online at studentloans.gov. A credit check is required for the Federal Direct Graduate PLUS Loan. If denied for the loan, you can reapply with a cosigner or appeal the denial through the Department of Education.
Alternatively, if you prefer a private educational loan, please apply with your lender of choice directly. Additional information regarding private loans and comparisons can be found at FASTChoice. FASTChoice helps you determine which loan is right for you by providing detailed information for various loans, as well as the terms and benefits offered by different lenders. Since you have to apply directly with the lender of your choice, you will be subject to their processing time frames and a 14 day waiting period.
If you have further questions, please contact the Financial Aid Office via email at email@example.com or phone at 310-568-5775.