Financial Aid - CITE and CMSV

The College of Mount Saint Vincent and CITE offer a Master's Program for teacher certification. This explains the financial aid aspects of the program.

Federal financial aid is available through College of Mount Saint Vincent. Please visit https://fafsa.ed.gov and enter CMSV’s school code 002703 to begin your FAFSA application. If you have questions about the status of your application, or would like to schedule a consultation, please contact the Senior Associate Director of Financial Aid, Tanya Noya, at [email protected]. Students who wish to pay out of pocket can set up a monthly payment plan through College of Mount Saint Vincent for a fee of $35 per semester. For more information, please visit www.mountsaintvincent.afford.com.

1. college of Mount Saint Vincent Office of financial aid Graduate Financial Aid for CITE Students

2. Types of Financial Aid Federal Loans Student Unsubsidized Direct Loan (guaranteed) Private Loans www.fastproducts.org/choice/cmsv

3. Applying for a loan When borrowing only for tuition, add $50 for Origination Fee Please file the 22/23 FAFSA for a loan to cover Summer, Fall, and Spring 2023. It will be for $20,500 (Disbursed in 3 portions) 22/23 FAFSA for Summer, the following Fall and Spring

4. What Information do I Need to Know for the FAFSA? Make sure your year in school and degree is “1st year Graduate/Professional” and “Graduate/Professional” You must fill in your High School/GED information

5. What Are the Next Steps? Log into Banner Self-Service to accept your loan, either in part or in full. Go to Studentaid.gov (log in with your FSA ID) Complete the Graduate subsidized/unsubsidized Loan Entrance Counseling (Direct Loan, NOT Plus) Complete the Graduate Master Promissory Note

6. Studentaid.gov

7. Studentaid.gov

8. Studentaid.gov

9. Previous Loans Often, students have loans which they accepted for previous educational expenses. In order to qualify for the federal graduate loans, those must be “in good standing”. Your previous loan/s may not be in default. If it is, contact the loan provider and work out a payment plan with them. They will then issue you a letter that indicates you are no longer in default. Forward the letter to the financial aid office so that your loan can be disbursed. There is a lifetime borrowing limit for Federal loans.

10. Payments and Tuition Liability Payment plan - www.mountsaintvincent.afford.com Set up each semester, after your first semester Cost $32 Once classes begin, there will be no refunds for tuition paid Bills will be emailed to your CMSV account Payments in full can be made on self-service (no fee)

11. THANK YOU ! Still Have Questions? Financial Aid [email protected] Student Accounts [email protected] Always include your student ID!