Transcript Rush University Student Financial Aid RMC

Welcome Applicants!
Midwestern University-Glendale
Financing Your Health
Professions Education
Optometry
Presented by:
•Tammy Schmidt
•Lisa Veliz
•Lesa Stanford
•Stacia McBride
How Much Will It Cost
to Attend MWU?
Annual Costs (9-Month Budget)
Figures based on 2010-11 Academic year
 $52,280 for students living with parents
 $55,641 for students living on campus
 $59,618 for students living off campus
Cost of Attendance increases 5% to 7% annually.
Cost of Attendance
Includes educationally related expenses for the
student only, such as:
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Tuition, Books & Supplies
Insurance
Rent & transportation
Personal Expenses
Cost of Attendance does not include:
• Car payments, Credit Card payments
• Moving expenses
• Higher-than-average rent or mortgage
• 1Dependent Care Expenses
(Exception: 1Daycare expenses for single students or married students with
working spouses)
Total Cost of Attendance
Tuition
Activity Fee
Health and Disability Insurance
Technology and Other Fees
Books & Supplies
Room & Board(Rent, Utililities & Food)
On Campus
Off Campus
With Parents
Transportation
On Campus
Off Campus/With Parents
Personal Expenses
Loan Fees
TOTAL COST OF ATTENDANCE
On Campus
Off Campus
With Parents
28,875
450
2,550
5,275
990
10,710
12,738
5,400
2,459
4,408
2,925
1,407
55,641
59,618
52,280
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
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U.S. Citizen, Eligible Noncitizen
Selective Service Registration
No Unresolved Drug Convictions
Not in Default
Credit Check: Federal GradPLUS
Private
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Bankruptcy
Other Adverse Credit
TYPES OF AID
SCHOLARSHIPS
FEDERAL WORK-STUDY
LOANS
INSTITUTIONAL AID
• 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
Western Interstate Commission
for Higher Education (WICHE)
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Professional Student Exchange Program
$15,600 Support Fee for the 2010-2011 AY
Limited to four academic years
States supporting students in
Optometry: Alaska, Arizona, Colorado,
Hawaii, *Idaho, Montana, Nevada, New
Mexico, North Dakota, Utah, Washington,
Wyoming.
*No new Idaho students will receive WICHE PSEP support for now. The
State of Idaho did not receive an appropriation to fund new seats in
Optometry for the 2010-2011 academic year. Check WICHE’s website for
updates on future reinstatement.
• http://www.wiche.edu/psep
Federal Work-Study
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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
Eligibility
Federal
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U.S. Citizen, Eligible Noncitizen
Selective Service Registration
No Unresolved Drug Convictions
Not in Default
Credit Check: Federal GradPLUS
Private
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Bankruptcy
Other Adverse Credit
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)
– Automatically awarded with FAFSA application
– Annual limit $40,500
– Total lifetime limit $224,000
• GRAD PLUS: (Credit-based)
– Covers the remainder up to cost of attendance.
PRIVATE LOANS
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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
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Apply for financial aid online as soon as matriculation deposit is
made
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Financial Aid tab available via MWUNET (full online application
instructions)
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Living expense refunds disbursed during week after class begins
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Please come prepared with one month’s living expenses!
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Check your MWU e-mail and Message Board for Notifications
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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