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Presented by: Tammy Schmidt Lisa Veliz Lesa Stanford Stacia McBride

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)

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Presented by: Tammy Schmidt Lisa Veliz Lesa Stanford Stacia McBride

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  1. Welcome Applicants!Midwestern University-Glendale Financing Your Health Professions Education PHARMACY Presented by: Tammy Schmidt Lisa Veliz Lesa Stanford Stacia McBride

  2. 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.

  3. 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)

  4. Total Cost of Attendance

  5. International Packet is mandatory for: F-1, J-1 or "Unknown" statuses. TOTAL PROGRAM COST

  6. 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

  7. TYPESOFAID SCHOLARSHIPS FEDERAL WORK-STUDY LOANS

  8. 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.

  9. InstitutionalAid • 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

  10. FederalWork-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

  11. FederalLoans • 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.

  12. 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

  13. 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)

  14. Contact Us Office Hours: Monday-Friday 8:00 to 4:30 Phone- (623) 572-3321 Fax- (623) 572-3283 Federal School Code – E00906 azfinaid@midwestern.edu

  15. Questions

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