Tuition and Financial Aid Information

Are you thinking about joining the National Graduate School degree programs? There is no better time! And paying for it could not be easier! There are a number of options you probably qualify for: Post 9/11, Montgomery GI Bill, Tuition Assistance, “Top-Up” benefits, Corporate Tuition Reimbursement, scholarships or a combination of these benefits.

TUITION AND FEES – (Effective January 1, 2012)

General: Tuition and fees are subject to change at the discretion of NGS.  Tuition and material fees are payable on or before registration at the beginning of each semester.  Tuition and fees must be paid in full by the end of each semester. Students receiving Tuition Assistance, Veteran’s Educational Benefits, Student Loans, or other forms of assistance may be eligible to establish different payment options.  The Bursar must approve all exceptions to the standard payment plan.

 Scholarsh\ips for Department of Defense (DoD) & Department of Homeland Security (DHS) Spouses:  NGS grants scholarships to spouses of DoD and DHS employees who enroll in the degree programs.  They will receive the same discounted tuition rate as active DoD and DHS employees.  Please provide the Financial Aid Office with a copy of your marriage certificate by email financialaid@ngs.edu or fax 800-838-2581.

Degree Programs
2011- 2012 Degree Program Tuition

*Program Tuition reflects NGS Grant for Active Duty Military status, Full time DoD, DHS or    Government employee.

**Learning Partners contact Vice-President of Enrollment Management for price schedule.

Degree Program Books and Software:  Students purchase books and software from recommended vendors — approximate total is $1,500 for DBA program, $1,200 for MS Program, and $250 for BS Degree Completion Program.

2011 – 2012 Degree Program Fee Schedule

• Application Fee – $100 for DBA Program and $50 for MS Program and BS Degree Completion Program (due with application; non-refundable)
• Administrative Fee Per Semester –  $50 (due at the beginning of each semester)
• Research Library Fee - $750 for DBA Program, $500 for MS Program,  and $250 for BS Degree Completion Program (due at the beginning of course 1)
• Late Registration Fee – $25 (if you register after the scheduled registration date)
• Course 1 Primer and Guide Books – $110 (due at the beginning of course 1)
• Graduation Fee – $150 (due at the beginning of the last semester)
• Returned Check Fee – $25
• Experiential Learning – 15 Credits (BS Degree Completion Program only) – $90/credit for Private Industry/Corporate, $60/credit for Active Duty or Full time DoD, DHS or Government Employee (fee may be waived for active duty or learning partner employment.)

Certificate Programs & Individual Courses

 2011- 2012 Certificate Program Tuition

 2011 – 2012 Certificate Program Tuition and Fee Schedule

• Application Fee – $100 per/certificate for Post-Doctoral Certificates, $100  for Six Sigma Black Belt and Homeland Security Certificates and $50 for Six Sigma Green Belt Certificate.
• Late Registration Fee – $25 (if you register after the scheduled registration date)
• Materials – are the responsibility of the student.  Most courses do not have material fees.
• Books – Students purchase books and software from recommended vendors — approximate total is $450 per/certificate for Post-Doctoral Certificates, $250 for Six Sigma Black Belt and Homeland Security Certificates and $125 for Six Sigma Green Belt Certificate.

2011 – 2012 Individual Course Tuition

**Per Course Registration Fee – $25

ACCEPTED FORMS OF PAYMENT

 Checks are made payable to The National Graduate School.  Visa, MasterCard, Discover and American Express are also accepted.  Authorization forms must be on file at the Bursar’s Office for students using the credit card option to allow the Bursar’s staff to call in payments when due. The Bursar’s Office may be reached at 800-201-1644 or bursar@ngs.edu.

 Interest Charges:  Outstanding balances over 30 days are subject to an interest rate of 1.5% per month.

Assistance from Knowledgeable and Pro-Active Staff

NGS financial aid staff actively assists students with financial strategies for achieving a degree or certificate. NGS staff can guide you in fully utilizing your tuition assistance, veteran’s benefits and corporate reimbursement programs. Call NGS now to speak to a financial aid counselor or email the Financial Aid Office today. Don’t Wait!

Students Benefit by Applying for Financial Aid Early

Even before you apply to grad school, you can apply for financial aid. You could begin your studies with no out of pocket expenses. Calculate your cost of attendance. (note this is an excel worksheet)

Federal Stafford Student Loan (S)

NGS is proud to offer, to those students who qualify, the Federal Stafford Loan Program for the DBA, MS and BS Degree Completion Programs.  The loans are comprised of two portions for which students must qualify:

Subsidized:  Maximum award $8,500 for the DBA and MS and $5,500 for BS Degree Completion Program – the government pays the interest on the loan while you are in school and six months after you graduate.  The Department of Education will no longer be offering Subsidized loans to graduate students as of July 1, 2012.  Subsidized loans will be available for disbursement to DBA and MS students until June 30, 2012.  Subsidized loans will continue to be offered to BS Degree Completion Program students with a limit of $5,500.

Unsubsidized:  Maximum award $12,000 for the DBA and MS and $7,000 for BS Degree Completion Program – interest accrues on the loan while you are in school.  The maximum unsubsidized award for DBA and MS students will be $20,500 as of July 1, 2012.  The maximum unsubsidized award for BS Degree Completion Program students will continue at $7,000.

The DBA and the MS loan programs are at a fixed interest rate of 6.80%.  These loans have a maximum award of $20,500 per year to Graduate students.  Expected amount of debt upon graduation for a DBA student after the two year program is approximately $42,736.81 with interest calculated on the unsubsidized portion ($24,000 @ 6.8%) for students borrowing the full amount of the loan of ($20,500) per year for two years.   Expected amount of debt upon graduation for a MS student after the one year program is approximately $20,946.58 with interest calculated on the unsubsidized portion ($12,000 @ 6.8%) for students borrowing the full amount of the loan of ($20,500) for the one year program.

The unsubsidized portion of the BS Degree Completion Program is at a fixed interest rate of 6.80%.   The subsidized portion of the BS Degree Completion Program is at a fixed interest rate of 3.40% for academic year 2011-2012.  Beginning July 1, 2012, the subsidized and the unsubsidized loans will be at a fixed interest rate of 6.8%.  The undergraduate loans have a maximum award limit of $12,500 per year for the BS Degree Completion Program students.  Expected amount of debt upon graduation for a BS Degree Completion Program student after the one year program is approximately $12,760.51 with interest calculated on the unsubsidized portion ($7,000 @ 6.8%) for students borrowing the full amount of the loan of ($12,500) for the one year program.

The Federal Stafford Loan Program has a 10-year repayment plan and the educational loan interest is considered to be tax deductible.  Students receiving federal loan money are responsible for the terms and conditions of the loan.  NGS will notify the lender when a student ceases to make satisfactory progress, when there is a change to less than half time enrollment, or when a student withdraws from the program.

For more information, visit our website at http://ngs.edu or contact a Financial Aid Counselor call 800-838-2580; email financialaid@ngs.edu.

Applying is Free

The Free Application for Federal Student Aid (FAFSA) is your key to initiating the loan process. The FAFSA is used by the government to determine your eligibility and EFC (Expected Family Contribution) for these loans. To start the loan process, click on the links below to download and print a step-by-step instructions page and two additional forms that are required to be submitted as originals:

1. www.studentloans.gov
2. Apply for PIN
3. Complete FAFSA
4. Complete Online Entrance Counseling
5. Wait 24 hours after receiving PIN number and complete the Master Promissory Note
6. Complete Verification Worksheet

Online Counseling

The entrance/exit counseling is meant to educate the borrower on the lending process. Please complete your required entrance and exit counseling online for your Stafford loan.

Tuition Assistance for Government and Military Personnel

The Armed Forces Tuition Assistance (TA) Program is a benefit paid to eligible members of the Army, Navy, Marines, Air Force, and Coast Guard. Congress has given each service the ability to pay up to 100% for the Tuition Expenses of its members.Each branch of the Service has its own criteria for eligibility, obligated service, application process and restrictions. This money is usually paid directly to the institution by the individual service. Although the program is one year length, military students typically are eligible for up to two fiscal years of reimbursement.

Additionally, active duty members may elect to use the MGIB “Top-Up” in addition to their service provided TA to cover high cost courses.

TA is not a loan; it should be seen as money you have earned just like your base pay! When combined with a Stafford Loan, you could start the graduate program with no out-of-pocket expenses. Call to talk to a Financial Aid Officer today.

Interested students should meet with their local Education Service Officer to determine their benefit. In some cases job training funds may be applied. It is the responsibility of the student to obtain the appropriate tuition assistance forms and send them to the Bursar’s office:

Ms. Mary Orlando, Bursar
The National Graduate School
500 Victory Road, 2nd Floor
North Quincy, MA 02171
Phone: (800) 838-2580
Fax: (617) 847-6316

The Bursar’s Office will invoice the government once the approved TA form is submitted. The student is responsible for submitting his/her grades to their education office.

Veteran’s Benefits

Under the Post 9/11 and if eligible the Montgomery GI Bill, (MGIB) the Army, Navy, Air Force, Marine Corps, United States Coast Guard their reserves and the National Guard provides up to 36 months of educational benefits to eligible veterans.

The student must apply and complete the enrollment form. Once accepted, the VA will physically mail to the student their Certificate of Eligibility (CoE). The student then submits their CoE to the Bursar’s Office for processing. A VA Certification Form is completed by the NGS certifying official for authorized sites.

If you are receiving Tuition Assistance from your branch of service, you may be eligible to use MGIB to supplement or “Top-Up” your tuition assistance. For more information, call 1-888-GIBILL-1 (1-888-442-4551) or log in to the GI Bill Website.

Tuition Reimbursement/Company Sponsorship/Vouchers

NGS staff understands the corporate tuition reimbursement process and can easily work with your employee benefit plan. Typically, NGS invoices the employer directly. If employed by a company, contact your Human Resources Department regarding funds available for degree and certificate candidates. NGS will accept company vouchers and bill companies directly to minimize out of pocket expenses. Students must submit a letter from their company guaranteeing payment before the first course. Students whose company pays by pre-approved voucher must submit that voucher prior to registration. Otherwise, students are expected to make payment to the School and then be reimbursed by their company.

Tuition Scholarships for Spouses of Enrolled DoD/DHS Students

Spouses of enrolled Department of Defense / Department of Homeland Security students receive the same discounted tuition rate as their enrolled spouses. It’s fun going to school together! Apply Now!

Treatment of Stafford Loan Funds for Student Withdrawal

Click here for treatment of your loan funds for withdrawal from the program

NGS Financial Aid Student Handbook 2010-2011

Questions?
If you have questions regarding your financial aid options, please contact one of our financial aid counselors either by email at financialaid@ngs.edu or phone at (800) 838-2580 ext. 509.