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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

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Presentation Transcript
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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
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
Cost of Attendance

Includes educationally related expenses for the student only, such as:

  • 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)

international packet is mandatory for f 1 j 1 or unknown statuses
International Packet is mandatory for: F-1, J-1 or "Unknown" statuses.

TOTAL PROGRAM COST

eligibility
Eligibility

Federal

  • U.S. Citizen, Eligible Noncitizen
  • Selective Service Registration
  • No Unresolved Drug Convictions
  • Not in Default
  • Credit Check: Federal GradPLUS

Private

  • Bankruptcy
  • Other Adverse Credit
types of aid
TYPESOFAID

SCHOLARSHIPS

FEDERAL WORK-STUDY

LOANS

institutional aid
INSTITUTIONALAID
  • 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
Western Interstate Commission for Higher Education (WICHE)
  • 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
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
eligibility1
Eligibility

Federal

  • U.S. Citizen, Eligible Noncitizen
  • Selective Service Registration
  • No Unresolved Drug Convictions
  • Not in Default
  • Credit Check: Federal GradPLUS

Private

  • Bankruptcy
  • Other Adverse Credit
federal loans
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
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
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
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]

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