
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 the MAcCHM 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:
Qualified students who are enrolled at least half-time in the MAcCHM program are eligible to borrow graduate-level Direct Unsubsidized Loans. The annual loan limit is $20,500 per academic year. The total aggregate federal loan amount limit is $138,500 (this includes the loan amount that students have borrowed from any previous institutions.)
The interest rate for Direct Unsubsidized Loans first disbursed on or after July 1, 2021, and before July 1, 2022, is 5.28%. There is a loan fee of 1.057% for a Direct Unsubsidized Loan first disbursed on or after Oct. 1, 2019. The loan fee is a percentage of the loan amount and is proportionately deducted for each loan disbursement. The interest rate and loan fee vary depending on when the loan is first disbursed. (See link for details.)
https://studentaid.gov/understand-aid/types/loans/interest-rates#fees
FINANCIAL AID FORMS:
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_Updated
FSA ID:
https://studentaid.gov/fsa-id/sign-in/landing
Free Application for Federal Student Aid (FAFSA):
https://studentaid.gov/h/apply-for-aid/fafsa
Entrance Counseling:
https://studentaid.gov/entrance-counseling
Master Promissory Note (MPN):
Interest Rates and Fees:
https://studentaid.gov/understand-aid/types/loans/interest-rates
National Student Loan Database:
Responsible Borrowing
Gainful Employment Disclosures
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.