Financing Your Health Professions Education -Podiatric Medicine
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1 Welcome Applicants! Midwestern University-Glendale Financing Your Health Professions Education -Podiatric Medicine Presented by: Tammy Schmidt Lisa Veliz Lesa Stanford Stacia McBride
2 How Much Will It Cost to Attend MWU? Average Annual Costs (9-Month Budget) Figures based on Academic Year $48,185 for students living with parents $52,545 for students living on campus $56,785 for students living off campus Cost of Attendance increases 5% to 7% annually.
3 Cost of Attendance Includes educationally related expenses for 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 1 Dependent Care expenses (Exception: 1 Daycare expenses for single students or married students with working spouses)
4 Total Cost of Attendance Tuition 28,690 Student Services Fee 400 Average Loan Fees 1,145 Health Insurance 1,800 Disability Insurance 40 Books & Supplies 2,475 Room & Board(Rent, Utililities & On Campus 10,665 Off Campus 13,700 With parent 5,100 Transportation/Travel On Campus 2,865 Off Campus/with parent 4,905 Personal Expenses 3,630 Totals On Campus 52,545 Off Campus 56,785 With Parent 48,185
5 International Packet is mandatory for: F-1, J-1 or "Unknown" statuses. TOTAL PROGRAM AMOUNT needed for I-20 approval BIOMEDICAL MA DO - MEDICAL PODIATRY PHARMACY $57,610 $312,647 $240,710 $187,000 FOR INFORMATION: Karen Owens kowens@midwestern.edu PHYSICIAN ASSISTANT NURSE ANESTHESIA OCCUPATIONAL THERAPY CARDIOVASCULAR PERFUSION PSY-D $146,000 $140,437 $138,789 $112,842 $237,474 Required: DEPOSIT OF TOTAL PROGRAM COST IN US BANK ACCOUNT English translation on all documents DENTAL $388,846 OPTOMETRY $247,202
6 TYPES OF AID SCHOLARSHIPS FEDERAL WORK-STUDY LOANS
7 Eligibility Federal Citizen or Eligible Non-Citizen Selective Service Registration No Unresolved Drug Convictions Not in Default Credit Check: Federal GradPLUS Private Bankruptcy Other Adverse Credit
8 SCHOLARSHIPS Western Interstate Commission for Higher Education (WICHE) (funds exhausted for 09 funds exhausted for 09-10) Professional Student Exchange Program $13,100 Support Fee for For residents of selected Western States only: Alaska, Montana, New Mexico, Utah, Wyoming Health Professions Scholarship U.S. Navy Competitive Service requirement Full tuition and supplies Monthly stipend $1992 Contact Navy Recruiter
9 Institutional Aid MWU s Spirit of Service Scholarship Need-based aid $5,000 Continuing students only Apply early (before priority deadline) Utilize our website for additional scholarship listings and searches
10 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
11 Federal Loans PERKINS: (subsidized loan) Based on eligibility of neediest students Amounts vary from $1000 to $2500 Apply before priority deadline (TBA) STAFFORD: (subsidized/unsubsidized) Automatically awarded with FAFSA application Annual limit $40,500 Stafford Loans Aggregate Limit $224,000 GRAD PLUS: (Credit-based) Covers the remainder up to cost of attendance.
12 Private Loans Eligibility based on credit standing. Interest rates fluctuate -- they are not fixed like Grad PLUS. Cannot be included in a Federal loan consolidation. Fees apply MAINTAIN EXCELLENT CREDIT for a free annual copy of your credit report. For a small fee you can also obtain your credit score. to download your FICO score and credit reports from all 3 credit bureaus for about $40.00 Plan ahead now and review your credit Begin now to locate a suitable co-borrower **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 Admissions Department forwards online access instructions Information is sent via MWU Living expense refunds are disbursed one week after class begins. Please come prepared with enough for one month s living expenses! Check your MWU often for information and Notices * Priority deadline TBA
14 Contact Us Office Hours: Monday-Friday 8:00 to 4:30 Phone- (623) Fax- (623) Federal School Code E00906
15 Questions
Financing Your Health Professions Education Occupational Therapy
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