Welcome Applicants!Welcome Applicants!

Midwestern University-GlendaleMidwestern University-Glendale

Financing Your Health Financing Your Health Professions Education Professions Education

PHARMACYPHARMACY

Presented by:•Tammy Schmidt

•Lisa Veliz•Lesa Stanford

•Stacia McBride

How Much Will It Cost to Attend MWU?

Average Annual Costs (12-Month Budget)Figures based on 2010-2011 academic year

$65,060 for students living with parents $69,542 for students living on campus $74,840 for students living off campus

Cost of Attendance will increase 5% to 7% annually.

Cost of Attendance Includes educationally related expenses for

students only, such as:• Tuition, Books & Supplies• Insurance• Average rent expenses• Average transportation• Personal Expenses

Cost of Attendance does not include:• Moving expenses• Dependent Care expenses

(Exception: Daycare expenses for single students or married students with working spouses)

Total Cost of AttendanceTuition 41,217

Student Services Fees 450

Average Loan Fees 1,972

Health Insurance 2,500

Disability Insurance 65

Books & Supplies 1,788

Portfolio fee  91

Room & Board (Rent, Utilities & Food) On Campus 14,280

Off Campus 16,980

With Parents 7,200

Transportation  

On Campus 3,279

Off Campus or With Parents 5,877

Personal Expenses 3,900

TOTALS On Campus 69,542

Off Campus 74,840

With Parents 65,060

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

EligibilityEligibility

Federal• U.S. Citizen or Eligible Noncitizen• Selective Service Registration • No Unresolved Drug Convictions • Cannot be in Default • Credit Check: Federal GradPLUS

Private• Secure solid co-borrower

• Bankruptcy• Other Adverse Credit

TYPESTYPES OFOF AIDAID

SCHOLARSHIPS SCHOLARSHIPS FEDERAL WORK-STUDYFEDERAL WORK-STUDY

LOANSLOANS

Western Interstate Commission for Higher Education (WICHE)Western Interstate Commission for Higher Education (WICHE)• Professional Student Exchange Program• $9,200 Support Fee 2010-11 • For residents of selected Western States only: Alaska, Nevada, Hawaii• http://www.wiche.edu/psep

US Navy Health Professions Scholarship• Tuition and Fees• Monthly Stipend $2,060• Contact a local recruiter (602) 254-3347

Employee Assistance Programs• Available through local drug stores (Walgreens, CVS), National

Community Pharmacist Association, etc.

SCHOLARSHIPSSCHOLARSHIPS

InstitutionalInstitutional AidAid

• College of Pharmacy – Institutional Scholarship-Awards vary

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

• Apply early • For additional scholarship listings and

searches, visit: http://www.midwestern.edu/finaid

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

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 $37,167 – Aggregate limit $224,000)

• GRAD PLUS: (Credit-based) – 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 UsContact 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

QuestionsQuestions