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

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Presentation on theme: "Welcome Applicants! Midwestern University-Glendale Financing Your Health Professions Education Optometry Presented by: Tammy Schmidt Lisa Veliz Lesa Stanford."— Presentation transcript:

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

2 How Much Will It Cost to Attend MWU? Annual Costs (9-Month Budget) Figures based on 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.

3 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 1 Dependent Care Expenses (Exception: 1 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 APPLICANTS BIOMEDICAL SCIENCES - MA$ 60,000 OPTOMETRY$232,000 VISA REQUIREMENTS: TOTAL PROGRAM COST IS REQUIRED TO BE DEPOSITED IN A U.S. BANK BANK MUST RESIDE INSIDE THE U.S. 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 TOTAL PROGRAM COST

6 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

7 TYPES OF AID TYPES OF AID SCHOLARSHIPS FEDERAL WORK-STUDY FEDERAL WORK-STUDYLOANS

8 INSTITUTIONAL AID 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:

9 Professional Student Exchange Program $15,600 Support Fee for the 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 academic year. Check WICHE’s website for updates on future reinstatement. Western Interstate Commission for Higher Education (WICHE)

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 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

12 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.

13 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 **See Comparison Chart for Federal Grad PLUS and Private Loans

14 Application Process Apply for financial aid online as soon as matriculation deposit is made Financial Aid tab available via MWU NET (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 and Message Board for Notifications * Priority Deadline (Early April)

15 Contact Us Office Hours: Monday-Friday 8:00 to 4:30 Phone- (623) Fax- (623) Federal School Code – E00906

16 Questions


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