Cost and Financial Aid
2019/2020 Estimated Program Expenses
Master of Marriage and Family Therapy – $897 per unit
* Tuition is subject to change
|Tuition (13 units x $897)||$11,661|
|Stafford Loan Origination Fee (1.062 %)||($109)|
|Net Stafford Loan||$10,141|
Estimated Expenses do NOT include the cost of textbooks and other miscellaneous
supplies for coursework.
Tuition Payment Plan:
A semester installment plan is available – enabling you to pay all or part of your tuition charges in installments without interest. Payments are due on the 15th of each month. A $25 late fee is charged for payments received after the 20th of each month.
Chart Your Path Scholarship: $1,000 (one time)
Eligibility for the Chart Your Path Scholarship is based on a student completing an application for admission during an Information Session, Experiential Workshop, or other special event hosted by the Enrollment Services Office.
Financial Aid Application Process and Programs
In order to receive financial aid from Campbellsville University, students need to complete the Free
Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov. The FAFSA is used to determine a student’s eligibility for federal student aid, and is processed by the U.S. Department of Education. The FAFSA serves as the initial step in securing financial aid for your graduate education.
If this is your first time completing the FAFSA, you are required to create an FSA User ID and Password. The ID and Password acts as an electronic signature not only for the FAFSA, but later on in the loan application process. If you have an FSA ID and Password but have forgotten it, you can select “Forgot My Password” or “Forgot My User Name” to retrieve it
The FAFSA will ask you for Campbellsville University’s institutional school code 001959
Federal Student Aid Programs
Federal Direct Stafford Loan
Graduate students may borrow up to a maximum of $20,500 per academic year (two semesters) in Direct Stafford Unsubsidized Loans. The Unsubsidized Stafford Loan accrues interest while the student is enrolled, and a student may choose to pay the interest monthly or have it capitalized until repayment. There is a variable fixed interest rate for Stafford Loans of 6.08%. There is also a 1.059% origination fee taken of the loan by the Department of Education when it is first originated. The loans are automatically deferred while the student is in school and have a grace period of 6 months after the student graduates or falls below half-time enrollment.
Graduate Direct PLUS Loan
The Graduate PLUS Loan is an option for students who need additional funding beyond what is available through the Federal Direct Stafford Loan program. The Graduate PLUS Loan is a federal loan that requires the student to be credit worthy or have a credit worthy cosigner. There is a variable fixed interest rate for Graduate PLUS Loans of 7.08%. There is also a 4.236% origination fee taken of the loan by the Department of Education when it is first originated. Students may borrow up to their Cost of Attendance. There is no grace period for a Direct PLUS Loan, and repayment begins 60 days after you’ve received the last installment of the loan for that academic year. However, you are eligible to defer payments until 6 months after you graduate or fall below half-time enrollment.
Alternative Student Loan
An alternative student loan (also referred to as a private student loan) is not a federal student loan, but one through a private bank or other lending institution. Generally, alternative loans have interest rates, repayment terms, and deferment options that are substantially less favorable than those of the Direct and the Direct PLUS Loan programs. Unlike federal student loans, private student loans are not sponsored or guaranteed by government agencies and don’t require a FAFSA. They’re credit-based, which means a borrower’s credit score and history are taken into consideration, along with other factors. Visit https://www.campbellsville.edu/admission-and-aid/financial-aid/alternative loaninformation/ for additional information on these alternatives.