*Estimated cost of books and software for the entire program
Costs current as of February 2009. All costs are subject to change without notice.
SIP Payment Options
Payment in Full Tuition charges, textbook charges, and the housing and meal plan charges are due when the registration forms are mailed in. However, the student does have the option to choose the 50/50 payment plan.
50/50 Payment Plan The 50/50 payment plan allows payment of only 50% of the tuition charges, housing and meal plan charges at the time of registration. The remaining 50% of charges will be paid on June 10. There is a $75 Payment Plan Fee for using this option. The calculation of theses charges are arranged on the MAE-SIP Registration Form. All general and academic fees must be paid in full with the first payment and are not deferrable to the payment plan.
Refund Policy The $75 Payment Plan Fee (if applicable) and Book Order Form total are non-refundable. The housing plan and food service costs are 100% refundable if they are cancelled before the date printed on the Registration Form. Tuition costs are 90% refundable if the student withdraws by May 15. 50% of the tuition cost is refunded if the course is dropped before the student attends the on-campus lectures.
The Master's College offers various types of financial aid for graduate students. To view all options, click here.
Federal Subsidized Stafford Loans This is a student loan based on need. The award is up to $8,500 per academic year. Interest rate is variable, capping at 8.25%. The government pays the interest on the loan while the individual is taking at least 6 credits per semester. Repayment begins 6 months after graduation or discontinuation of at least 6 credits per semester.
Federal Unsubsidized Stafford Loans This is a student loan that may exceed demonstrated financial need, but can not exceed the cost of attendance. This loan allows for additional loans beyond the subsidized program listed above. The award is up to $10,000 per academic year depending on the number of units and other financial aid received. Interest payment is due upon receipt of the loan. Principle payment of loan starts 6 months after graduation or discontinuation of at least 6 credits per semester.