15
Welcome Applicants! Welcome Applicants! Midwestern University-Glendale Midwestern University-Glendale Financing Your Financing Your Health Professions Health Professions Education Education Podiatric Medicine Podiatric Medicine Presented by: Tammy Schmidt Lisa Veliz Lesa Stanford Stacia McBride

Presented by: Tammy Schmidt Lisa Veliz Lesa Stanford Stacia McBride

Embed Size (px)

DESCRIPTION

Welcome Applicants! Midwestern University-Glendale Financing Your Health Professions Education Podiatric Medicine. Presented by: Tammy Schmidt Lisa Veliz Lesa Stanford Stacia McBride. How Much Will It Cost to Attend MWU?. Average Annual Costs (10-Month Budget) - PowerPoint PPT Presentation

Citation preview

Page 1: Presented by: Tammy Schmidt Lisa Veliz Lesa Stanford Stacia McBride

Welcome Applicants!Welcome Applicants!

Midwestern University-GlendaleMidwestern University-Glendale

Financing Your Health Financing Your Health Professions Education Professions Education

Podiatric MedicinePodiatric Medicine

Presented by:•Tammy Schmidt

•Lisa Veliz•Lesa Stanford

•Stacia McBride

Page 2: Presented by: Tammy Schmidt Lisa Veliz Lesa Stanford Stacia McBride

How Much Will It Cost to Attend MWU?

Average Annual Costs (10-Month Budget)Figures based on 2010-11 Academic Year

$51,858 for students living with parents$55,593 for students living on campus$60,008 for students living off campus

Cost of Attendance increases 5% to 7% annually.

Page 3: Presented by: Tammy Schmidt Lisa Veliz Lesa Stanford Stacia McBride

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• 1Dependent Care expenses (Exception: 1Daycare expenses for single students or married students with working

spouses)

Page 4: Presented by: Tammy Schmidt Lisa Veliz Lesa Stanford Stacia McBride

Total Cost of AttendanceBudget Component Amount

Tuition 30,125

Student Services Fee 450

Health Insurance 2,100

Disability Insurance 40

Books & Supplies 3,702

Room & Board (Rent, Utilities & Food)

On Campus 11,900

Off Campus 14,150

With Parents 6,000

Transportation

On Campus 1,083

Off Campus/With Parents 3,248

Auto Insurance & Registration 1,650

Personal Expenses 3,250

Loan Fees 1,293

Total

On Campus 55,593

Off Campus 60,008

With Parents 51,858

Page 5: Presented by: Tammy Schmidt Lisa Veliz Lesa Stanford Stacia McBride

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

2011-12 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

Page 6: Presented by: Tammy Schmidt Lisa Veliz Lesa Stanford Stacia McBride

EligibilityEligibility

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

Page 7: Presented by: Tammy Schmidt Lisa Veliz Lesa Stanford Stacia McBride

TYPESTYPES OFOF AIDAID

SCHOLARSHIPS SCHOLARSHIPS FEDERAL WORK-STUDYFEDERAL WORK-STUDY

LOANSLOANS

Page 8: Presented by: Tammy Schmidt Lisa Veliz Lesa Stanford Stacia McBride

Western Interstate Commission for Higher Western Interstate Commission for Higher EducationEducation (WICHE) (WICHE)

• Professional Student Exchange Program• $13,500 Support Fee for 2010-2011• For residents of selected Western States only: Alaska,

Montana, New Mexico, Utah, Wyoming• http:// www.wiche.edu/psep

Health Professions Scholarship Program–U.S. NavyHealth Professions Scholarship Program–U.S. Navy• Competitive• Service requirement • Full tuition and fees• Monthly stipend $2,060• Contact a local Navy Recruiter (602) 254-3347

ScholarshipsScholarships

Page 9: Presented by: Tammy Schmidt Lisa Veliz Lesa Stanford Stacia McBride

InstitutionalInstitutional AidAid

• MWU’s Spirit of Service Scholarship– Need-based aid– $3,500 to $5,000– Continuing students only

• Apply early • Utilize our website for additional

scholarship listings and searches http://www.midwestern.edu/finaid

Page 10: Presented by: Tammy Schmidt Lisa Veliz Lesa Stanford Stacia McBride

FederalFederal Work-StudyWork-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

Page 11: Presented by: Tammy Schmidt Lisa Veliz Lesa Stanford Stacia McBride

FEDERALFEDERAL LOANSLOANS

• 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 $42,722 – Aggregate limit $224,000

• GRAD PLUS: (Credit-based loan) – Covers the remainder up to cost of attendance.

Page 12: Presented by: Tammy Schmidt Lisa Veliz Lesa Stanford Stacia McBride

PRIVATE LOANSPRIVATE 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

Page 13: Presented by: Tammy Schmidt Lisa Veliz Lesa Stanford Stacia McBride

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)

Page 14: Presented by: Tammy Schmidt Lisa Veliz Lesa Stanford Stacia McBride

Contact UsContact Us

Office Hours: Monday-Friday 8:00 to 4:30

Phone- (623) 572-3321Fax- (623) 572-3283

Federal School Code – E00906

[email protected]

Page 15: Presented by: Tammy Schmidt Lisa Veliz Lesa Stanford Stacia McBride

QuestionsQuestions