Financial Aid

Federal Student Aid:
The information supplied is subject to change. For up to date information from the Federal Government please go to: www.studentaid.gov
Federal Student Aid’s basic eligibility requirements are that you must
- be a U.S. citizen or an eligible non-citizen with a valid Green Card/Permanent Resident Card (1-551);
- have a valid Social Security number;
- be registered with Selective Service, if you’re a male (you must register between the ages of 18 and 25);
- be enrolled or accepted for enrollment as a regular student;
- be enrolled at least half-time (6 units for MSTCM program; 4.5 units for DAOM program);
- maintain satisfactory academic progress;
- sign the certification statement on the Free Application for Federal Student Aid (FAFSA®) form stating that
- you are not in default on a federal student loan,
- you do not owe money on a federal student grant, and
- you will use federal student aid only for educational purposes;
- have a valid email address; and
- have a valid high school diploma or a verified Bachelor’s degree.
GRADUATE AID:
Students who are admitted to the MSTCM program are eligible to borrow graduate-level Direct Unsubsidized Loans. If you meet all the above Federal Student Aid eligibility requirements, you can borrow up to $20,500 for the 2 semester terms. The total aggregate federal loan amount limit is $138,500 (this includes the loan amount that students have borrowed from any previous institutions.)
There is a loan fee on all Direct Unsubsidized Loans. The loan fee is a percentage of the loan amount and is proportionately deducted for each loan disbursement. The percentage varied depending on when the loan is first disbursed. (see linked for details https://studentaid.ed.gov/sa/types/loans/subsidized-unsubsidized)
FINANCIAL AID FORMS:
Student Financial Aid Application Form
QUICK LINKS FOR FINANCIAL AID:
Code of Conducts for Educational Loans and Borrower’s Rights and Responsibilities
Federal Return of Title IV Funds Refund Policy
Federal Return of Title IV Funds Refund Process
FSA ID:
Free Application for Federal Student Aid (FAFSA):
Entrance Counseling and Master Promissory Note:
https://studentloans.gov/myDirectLoan/index.action
Interest Rates and Fees:
https://studentaid.ed.gov/sa/types/loans/interest-rates
National Student Loan Database:
Responsible Borrowing
PLEASE CAREFULLY FOLLOW THE STEPS AS OUTLINED ON THE APPLYING FOR FEDERAL FINANCIAL AID LINK. IF YOU HAVE QUESTIONS, FEEL FREE TO CONTACT THE FINANCIAL AID OFFICE AT 408-733-1878.