The Graduate School: Assumption College

Financial Aid Information

At Assumption College, the Graduate Financial Aid Office is committed to assisting qualified graduate students meet their responsibilities for the cost of education by helping them bridge the gap between their own resources and the cost of attendance. The following information will inform you of programs and loans available.
Submit online FASFA (Free Application for Federal Student Aid) form
Download How to Finance Graduate School Brochure (PDF)

ALTERNATIVE LOANS
Private loan options are also available. Contact the Financial Aid Office at 508-767-7158 for information.

EMPLOYER TUITION REIMBURSEMENT
Students are encouraged to contact their employer’s Human Resource Department to inquire about any available tuition reimbursement. Students are expected to pay in full at the time of registration and then comply with their individual employer’s policies for reimbursement. Many employers have a “Promissory Note” agreement with Assumption College. Call 508-767-7426 to inquire if your employer is on the Promissory Note list. Students are required to sign a supplemental Assumption “Promissory Note” and in the unlikely event that the student defaults on the terms of the promissory note, the student will be assessed a default fee.

EXTENDED PAYMENT PLAN
Tuition Pay (AMS) offers graduate students a low cost extended payment plan. This is not a loan program, there are no interest charges. The application fee for the fall or spring semester, if applied for individually, is $35. If a student applies for the fall and spring semesters at the same time the fee is $60. The first payment for the fall semester is due August 1. The first payment for the spring semester is due December 1. Summer sessions are not eligible. Applications are available from the Finance office at (508) 767-7471.

VOUCHER USE
Students who are awarded Graduate Fellowships, Traineeships, or Assistantships in a graduate degree program are not permitted to use course vouchers to pay for courses that are included in their program of study.

FEDERAL STAFFORD STUDENT LOANS
Federal aid is available in the form of loans for both U.S. citizens and permanent residents. The amount of Federal financial aid is based on the cost of education less the amount you are expected to contribute toward that cost. Federal loans can be up to $20,500 (subsidized and unsubsidized) per year, but cannot exceed the combined undergraduate and graduate aggregate limit.

To apply for a Federal student loan, unconditionally accepted full-time (9 credits/semester) and half-time (6 credits) students must complete the FAFSA form (see www.fafsa.gov). Students must also complete a master promissory note and a Graduate Financial Aid Application, available from the Financial Aid Office. Students can contact the Financial Aid Office for further assistance at 508-767-7158.

VETERAN'S BENEFITS
Eligibility is based on the regulations issued by the Veterans’ Administration. Veterans should contact their Veterans’ Representative or the Registrar’s Office for further information at 508-767-7408.

"));