Transcript Rush University Student Financial Aid RMC

Welcome Applicants!
Midwestern University-Glendale
Financing Your Health
Professions Education
PHARMACY
Presented by:
•Tammy Schmidt
•Lisa Veliz
•Lesa Stanford
•Stacia McBride
How Much Will It Cost
to Attend MWU?
Average Annual Costs (12-Month Budget)
Figures based on 2010-2011 academic year
 $65,060 for students living with parents
 $69,542 for students living on campus
 $74,840 for students living off campus
Cost of Attendance will increase 5% to 7% annually.
Cost of Attendance
Includes educationally related expenses for
students only, such as:
•
•
•
•
•
Tuition, Books & Supplies
Insurance
Average rent expenses
Average transportation
Personal Expenses
Cost of Attendance does not include:
• Moving expenses
• Dependent Care expenses
(Exception: Daycare expenses for single students or married students
with working spouses)
Total Cost of Attendance
Tuition
41,217
Student Services Fees
450
Average Loan Fees
1,972
Health Insurance
2,500
Disability Insurance
65
Books & Supplies
1,788
Portfolio fee
91
Room & Board (Rent, Utilities & Food)
On Campus
14,280
Off Campus
16,980
With Parents
7,200
Transportation
On Campus
3,279
Off Campus or With Parents
5,877
Personal Expenses
TOTALS
3,900
On Campus
69,542
Off Campus
74,840
With Parents
65,060
International Packet is mandatory for:
F-1, J-1 or "Unknown" statuses.
2011-12 APPLICANTS
TOTAL PROGRAM COST
BIOMEDICAL SCIENCES - MA
$ 60,000
OPTOMETRY
$232,000
PHYSICAL THERAPY
$177,000
CLINICAL PSYCHOLOGY
$250,000
DO - MEDICAL
$330,000
PODIATRIC MEDICINE
$242,000
PHARMACY
$219,000
PHYSICIAN ASSISTANT
$149,000
NURSE ANESTHESIA
$141,500
OCCUPATIONALTHERAPY
$143,500
CARDIOVASCULAR SCIENCE
$116,000
DENTAL MEDICINE
$379,000
VISA REQUIREMENTS:
TOTAL PROGRAM COST
IS REQUIRED TO BE
DEPOSITED IN A U.S.
BANK
BANK MUST RESIDE
INSIDE THE U.S.
Eligibility
Federal
•
•
•
•
•
U.S. Citizen or Eligible Noncitizen
Selective Service Registration
No Unresolved Drug Convictions
Cannot be in Default
Credit Check: Federal GradPLUS
Private
•
Secure solid co-borrower
•
•
Bankruptcy
Other Adverse Credit
TYPES OF AID
SCHOLARSHIPS
FEDERAL WORK-STUDY
LOANS
SCHOLARSHIPS
Western Interstate Commission for Higher Education (WICHE)
•
•
•
Professional Student Exchange Program
$9,200 Support Fee 2010-11
For residents of selected Western States only: Alaska, Nevada, Hawaii
• http://www.wiche.edu/psep
US Navy Health Professions Scholarship
•
•
•
Tuition and Fees
Monthly Stipend $2,060
Contact a local recruiter (602) 254-3347
Employee Assistance Programs
•
Available through local drug stores (Walgreens, CVS), National
Community Pharmacist Association, etc.
Institutional Aid
• College of Pharmacy
– Institutional Scholarship-Awards vary
• MWU’s Spirit of Service Scholarship
– Need-based aid
– 3,500 to $5,000
– Continuing students only
• Apply early
• For additional scholarship listings and
searches, visit:
http://www.midwestern.edu/finaid
Federal Work-Study
•
•
•
•
•
•
On-Campus
Community Service (on or off campus)
$1,000 per year
$9.00/hr on-campus
$11.00/hr Community Service
Indicate Work-Study interest on FAFSA
Federal Loans
• PERKINS: (subsidized loan)
– Based on eligibility of neediest students
– Amounts vary from $2,500 to $3500.
– Apply before priority deadline
• STAFFORD: (subsidized/unsubsidized loan)
– Automatically awarded with FAFSA application
– Annual limit $37,167
– Aggregate limit $224,000)
• GRAD PLUS: (Credit-based)
– Covers the remainder up to cost of attendance.
PRIVATE LOANS
–
–
–
–
–
–
Variable interest rates
Repayment grace period
No cap on interest rate
Limited number of private lenders
May require co-signer
Credit check is required for consideration of both
GradPLUS and private loan programs
Review credit report annually
www.annualcreditreport.com
**See Comparison Chart for Federal Grad PLUS and Private
Loans
Application Process
•
Apply for financial aid online as soon as matriculation deposit is
made
•
Financial Aid tab available via MWUNET (full online application
instructions)
•
Living expense refunds disbursed during week after class begins
•
Please come prepared with one month’s living expenses!
•
Check your MWU e-mail and Message Board for Notifications
*
Priority Deadline (Early April)
Contact Us
Office Hours: Monday-Friday 8:00 to 4:30
Phone- (623) 572-3321
Fax- (623) 572-3283
Federal School Code – E00906
[email protected]
Questions