Federal Direct Loans are available to students who file the Free Application for Federal Student Aid (FAFSA) and are enrolled at least half-time (6 credits).
DIRECT UNSUBSIDIZED LOAN
ALL steps must be complete before the loan can be disbursed to a students account.
IMPORTANT: Any loans that are not accepted or steps are incomplete will be canceled after July 15th. These can be reinstated after all steps have been completed but requires communication with the Financial Aid Office.
DIRECT PLUS LOAN (grad PLUS Loan)
Private loans can help bridge the gap between the actual cost of your education and the amount of financial aid you are receiving. This type of loan may require a credit-worthy co-signer.
Selecting a Lender
ElmSelect is an interactive tool that allows you to compare loans offered by private loan lenders. Please click the button below to launch this tool. Please select graduate for your program type so you see only the loans available to you.
The Loan Process
Students may borrow up to the school’s cost of attendance minus any other financial aid received including federal loans borrowed.
Loan Period Dates
Private loan applications require a requested loan period. Use the following dates to indicate what semesters you are intending to borrow for. Incomplete or extended loan periods may result in a delay in processing.
2022 - 2023
Fall - Winter 6/16/2022 - 6/9/2023
Fall Only 6/16/2022 - 12/9/2022
Winter Only 1/3/2023 - 6/9/2023
IMPORTANT: Federal student loans are typically less expensive and offer better terms than private student loans. You should always exhaust your eligibility for federal student loans before using private loans.
*Neither Alma College nor the Financial Aid Office promotes, endorses or recommends any of these loan products or lenders.
SCHOLARSHIP SEARCH ENGINES
|Forms and Resources|
This online library contains forms and other resources that may be necessary or helpful during the financial aid process.
If you would like someone to be able to call on our behalf and discuss your account, please complete the form. Add the names of those who have permission to receive this information. Be sure to share your security answer and PIN with those individuals, as they will be required to provide this information before we can discuss your account in detail.
This is where you should upload any sensitive documents that have been requested.
|Deadlines and Updates|
File your FAFSA annually by March 1st. Alma College’s School Code is 002236.
MS in Communication and Information Technology - Costs Below:
2022 - 23
Tuition for this program is $770 per credit hour plus an administrative fee of $52 per credit. There is a one-time $300 enrollment deposit fee. All classes in the program are 3 credits.
Cost for a 3-credit class: $2,466
Total cost for program (36 credits): $29,592
|FA Policies and Consumer Information|
General Policy Notice
Alma College reserves the right to change its scholarship and aid policies at any time. Written or verbal representations by anyone contradictory to the policies stated here and in the Alma College academic catalog are not binding.
|Graduate International Student Aid Options|
Federal Student Aid
To receive federal financial aid, you must be a citizen of the United States or have lawful permanent resident status.
The standard documentation for a permanent resident of the United States is the Permanent Resident Card (Form I-551, since 1997) or Resident Alien Card (Form I-551, before 1997).
You are not eligible for federal financial aid if:
Other Sources of Aid
Non-United State citizens or those not having a lawful permanent resident status will not be considered for U.S. federal loans and are encouraged to seek out financing options through a financial banking institution by way of a private loan that includes a U.S. co-signer.
You may also seek outside scholarships.