Paying for school
Make sense of your financial options.
Education is an investment in yourself, your dreams and your future. It’s also a promise that we’ll help you keep – and you’ll never have to go it alone.
Our Finance team is available to explain tuition rates and other fees for your program, as well as guide you through every payment option so you can discover what works best for you – keeping you on right financial path toward earning your degree.
Connect with a finance advisor
A finance advisor is ready to explain your financial aid options including grants, scholarships, loans and other services you may not even know about. Contact them today.
Responsible borrowing
You may be tempted to borrow more than you need to pay for school, but the way you choose to pay for school today has a long-term impact. Did you know, the standard repayment plan for federal student loans is 10 years? It’s important to create your financial estimate, which shows you potential funding options, so you can minimize your student debt and borrow responsibly.
Making the right decisions
To make your education truly pay off, you need to make the right financial decisions. If you’re using federal student loans to pay for tuition, your goal should be to borrow only what you need. These simple guidelines will help you borrow responsibly and keep your payments low.
- Make a budget. Review the total cost of your education – including your living expenses.
- Explore resources you don’t have to pay back. Does your employer offer tuition benefits? Will you search and apply for grants and scholarships?
- Consider using your own money. Can you use any savings or investments? Could you pay from your current income?
Options for payment
An education takes dedication and time, as well as some form of financial commitment. Check out the sections below for options on paying for your education. Don’t hesitate to contact a Finance Advisor with any questions you might have.
Reducing cost
From scholarships and grants, to past experience and transfer credits, you have options for reducing the cost of earning your degree. Not everyone will be eligible for these options. Please contact a Finance Advisor to see if you qualify, and for any questions you might have.
PRO TIP: Looking for scholarships, but don’t know where to start? Try using iGrad’s scholarship search feature. Log in to your student portal and check out the Scholarship section under your Account tab.
Military students
The University offers military rates for members of the military and their spouses. In fact, our military division is well-versed in the Montgomery GI Bill®, the Post 9/11 GI Bill® and other options like the Yellow Ribbon Program.
Don’t hesitate to contact a Finance Advisor with any questions you might have.
GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government Web site at http://www.benefits.va.gov/gibill .
PRO TIP: Loans have to be paid back with interest, and it’s important that you plan for this in your future budget. A general guideline is that your future standard monthly payment will be about $10 for every $1,000 you borrow.
Financial policies
PRO TIP: Just because you are eligible for a maximum loan amount doesn’t necessarily mean you should borrow it all. Remember, the more you borrow, the more you have to repay – so borrow only what you need.