Federal Direct Loans
Eligibility for federal financial aid is limited to accepted students enrolled at least half-time in a degree or certificate program. Conditionally accepted students are eligible for a maximum of two semesters.
Alternative Financing and Federal Direct Graduate PLUS Loans
Private alternative loans are available to students who do not meet the requirements for federal aid. Federal Direct Graduate PLUS Loans are available for students who have exhausted their Direct Loans and meet federal eligibility. Contact the Office of Financial Aid for details.
Cost of Attendance
The cost of attendance for graduate students is based on each individual's course load. For this reason, loan eligibility is not calculated until the enrollment period begins. Each student has a budget based upon actual direct costs (tuition and fees). An estimated book allowance is also included. Students who are taking courses on-site are eligible for a modest allowance for living expenses, depending on course load. Students taking only online and/or self-paced classes are not eligible for living expenses.
Credit hours and course extension fees cannot be used for more than one enrollment period, and classes that are repeated are not eligible for additional financial aid.
Loans are processed at the end of each drop/add period. Funds may take up to three weeks to be received and posted to the student's account in the Business Office. Students who are enrolled in online and self-paced classes should contact the Office of Financial Aid for details on loan processing and disbursement. If you are expecting a refund for living expenses and books, please contact the Business Office.
A cumulative GPA of 3.00 is required to qualify for a degree. Students whose cumulative GPA falls below 3.00 in any given semester are considered to be on academic probation for the following semester. Those on probation for two continuous semesters may be dismissed.
Students must maintain satisfactory academic progress to remain eligible for financial aid. Academic progress for financial aid is monitored at the end of each academic year. If the GPA requirement is not met, the student may appeal to remain eligible for one semester. The appeal must be submitted to the director of financial aid. If a student shows significant progress toward meeting the minimum requirements, one additional probationary semester of financial assistance may be granted.
Since each graduate student's financial aid is calculated based on the individual's unique schedule and charges, it is the student's responsibility to inform the Office of Financial Aid of any changes to his or her schedule for each enrollment period.