Sources of Financial Aid
Graduate students sometimes enter SA国际传媒视频 with generous assistance in hand through scholarships and grants. Scholarships are usually awarded based on academic, athletic or creative merit, while grants tend to be awarded based on financial need. See the full list of aid options below along with qualifications on who can receive them.
To qualify for federal student aid you must be a US citizen or an eligible noncitizen enrolled as a regular student in an eligible degree or certificate program. Graduate students must be enrolled in at least 5 units per semester in order to be eligible for federal loans.
If you have received Cal Grant as an undergraduate student within the past 15 months, you may qualify for the Cal Grant Teaching Credential Program. To see if you qualify, please submit .
Submitting the Free Application for Federal Student Aid (FAFSA) is the starting point for accessing most forms of federal and state aid. . Avoid using sites that charge a fee to assist with the process.
Federal Direct Loans are made available to university students to help pay for the cost of education. Students must be enrolled at least half time to be eligible. Students are eligible to receive Direct Loans regardless of credit history. For the 2023鈥�24 academic year, unsubsidized loans are offered at a fixed 7.05% interest rate.
- Unsubsidized Direct Loans are not based upon need and interest accrues while the student is in school. In order for loan funds to be applied to a student's account, they must complete and a .
- Graduate PLUS Loans are available to graduate students to help pay for the cost of education. The federal government sets the interest rate, limits fees and sets minimum deferment options for federal Grad PLUS Loans. For the 2023鈥�24 academic year, Grad PLUS is offered at a fixed 8.05% interest rate. This loan is available to students who need to borrow more than the maximum unsubsidized loan amounts to meet their education costs. A credit check will be performed during the application process. If you are approved, you must complete a new Master Promissory Note.
Private or alternative loans are available when federal loans and other aid do not cover your cost of education. Private educational loan programs vary by lender and all are credit based. Please review . These lenders have provided excellent customer service and benefits designed to meet the needs of students. You are not required to borrow from one of the listed lenders; you may use another lender of your choosing. Please contact the Financial Aid Office if you choose a lender that is not listed.
SA国际传媒视频 and many organizations have partnered to provide employees the opportunity to further their educational goals. View the full list of preferred partners and learn more.
The Lancer Loyalty Graduate School Grant is available to CBU alumni who want to advance their education as a graduate student at CBU. This grant ranges from $500 to $3,000 and is awarded based on academic merit, financial need and the graduate program you select.
Private scholarships are those offered from organizations, foundations or companies, usually not affiliated with a university. Graduate students are encouraged to search and apply for scholarships offered by organizations and businesses. Check out CBU鈥檚 private scholarships page for more information.
When scholarships and grants don鈥檛 cover your educational costs, the next step is to look for loans that will 鈥渇ill the gap.鈥� College is one of the most significant and worthwhile investments of time, effort and money that you will make during your entire life. Carefully consider your return on investment and research your future career鈥檚 median salary before deciding how much money you will borrow. The investment you make now will lead to a marketable degree from a respected university that will equip you to make the world a better place.