Welcome Applicants!Welcome Applicants!

Midwestern University-GlendaleMidwestern University-Glendale

Financing Your Health Financing Your Health Professions Education Professions Education Osteopathic MedicineOsteopathic 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)Figures based on 2010-11 Academic Year

$70,703 for students living with parents$74,442 for students living on campus$78,857 for students living off campus

Cost of Attendance increases 5% to 7% annually.

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

working spouses)

Total Cost of AttendanceTuition 47,742Student Services Fee 450Health Insurance 2,700Disability Insurance 50Books & Supplies 3,528Room & Board (Rent, Utilities & Food) 

On Campus 11,904Off Campus 14,154

With Parents 6,000Transportation

On Campus 2,733Off Campus/With Parents 4,898

Personal Expenses 3,250Average Loan Fees 2,085

On Campus 74,442Off Campus 78,857

With Parents 70,703

TOTAL COST OF ATTENDANCE

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

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

TYPES OF AID

SCHOLARSHIPS SCHOLARSHIPS FEDERAL WORK-STUDYFEDERAL WORK-STUDY

LOANSLOANS

• Professional Student Exchange Program

• $19,400 Support Fee for the 2010-2011 AY

• For residents of selected Western States only: Arizona, Montana, New Mexico, Washington, Wyoming

• http://www.wiche.edu/psep

Western Interstate Commission for Higher Education (WICHE)

SCHOLARSHIPS

• Competitive, Service Commitment Required• Stipends are included in Financial Aid package

Air Force Health Professions Scholarship – Full tuition, fees, and monthly stipend of $2,060– Contact a local recruiter (480) 226-2121 or (480) 226-2113

US Navy Health Professions Scholarship– Full tuition, fees, and monthly stipend of $2,060– Contact a local recruiter (602) 254-3347

US Army Health Professions Scholarship – Full tuition, fees, and monthly stipend of $2,060– Contact recruiter (602) 253-0371 or (602) 253-0371

SCHOLARSHIPS

• Competitive, Service Commitment Required• Stipends are included in Financial Aid package

Tuition Assistance Program-Army National Guard

– $4,500 Tuition assistance– $2,060 Monthly Stipend Pay– Medical Insurance at a reduced rate– Loan Repayment and Bonus incentive upon graduation– Contact a recruiter (602) 629-4655 or (571) 265-3867

National Health Service Corp

– Full tuition, fees, and monthly stipend of $1,326

– http://nhsc.hrsa.gov/scholarship – Contact NHSC at 1-800-221-9393

INSTITUTIONAL AID

• MWU’s Spirit of Service Scholarship– Need-based aid– $3500 to $5,000– Continuing students only

• Apply early • For additional scholarship listings and searches,

visit:

http://www.midwestern.edu/finaid

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

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.

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

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)

CONTACT US

Office Hours: Monday-Friday 8:00 to 4:30 Phone- (623) 572-3321

Fax- (623) 572-3283

Federal School Code – E00906

azfinaid@midwestern.edu

QUESTIONS