Graduate Cost of Attendance
2012-2013 and 2013-2014 Cost of Attendance (One Trimester)
| Components |
Off Campus |
At Home |
Tuition ($425 per credit hour)
6 credits
9 credits
|
$2,550
$3,825
|
$2,550
$3,825
|
| Activity & Parking Fees |
$60 |
$60 |
| Technology Fees |
$80 |
$80 |
| Books & Supplies |
$425 |
$425 |
| Housing Allowance |
$4,080 |
$2,040 |
| Personal Expense Allowance |
$2,285 |
$2,285 |
| Transportation |
$1,150 |
$1,150 |
Totals
6 credits
9 credits |
$10,630
$11,905
|
$8,590
$9,865
|
Points to Consider:
- Financial aid is usually calculated for one trimester at a time.
- Must be enrolled at least half time (5 credits) to receive financial aid.
- Initially, students complete three applications in this process; the federal application (FAFSA), the Logan financial aid application and the electronic Stafford loan application (MPN).
- Students must reapply for financial aid each trimester.
- The Cost of Attendance is designed to meet the student’s direct expenses (tuition, fees, and books) and a reasonable portion of the student’s living expenses. Credit card debt, car payments and other discretionary expenses are not related to educational expenses, thus are not included in the student’s cost of attendance.
- Per the Department of Education, living expenses of additional family members are not considered in the cost of attendance. Family members are taken into consideration when determining the family contribution through information provided on the FAFSA application.
- Adjustments may be made per family for exceptional expenses such as unusually high medical expenses, dependent child care expenses, or additional expenses paid by handicapped students for educational needs. Adequate documentation is required.
- After the financial aid file is complete, students will receive an award letter. Loans cannot be processed until the award letters are returned to the financial aid office and the electronic MPN is completed.
- Financial aid eligibility and availability is partially determined by enrollment status.
Disbursement of Financial Aid Funds:
- Students must be fully accepted by the Office of Admissions and have completed all financial aid requirements (including Entrance Counseling) before any financial aid funds are disbursed.
- Perkins Loans are disbursed approximately the fourth week of the trimester.
Student Classification & Aid Eligibility
- Effective July 1, 2000, students convicted for possession or sale of a controlled substance may be suspended from Title IV eligibility. Call the Dept. of Education at (800) 433-3243 or go to the www.fafsa.ed.gov for more information.
Possible Aid Programs
- Direct Loan - up to $10,250 per trimester in unsubsidized loans
GradPlus Loan - varies (credit based/amount based on cost of attendance minus Stafford Loans)
Alternative Loan - varies (credit based/amount based on cost of attendance minus other aid)
- Work Study - varies (minimum wage to $10 per hour, up to 20 hours per week)
*Stafford Loan amounts are based on student's credit hours for the term and aggregate amount previously borrowed.