Welcome Applicants! Midwestern University-Glendale Financing Your Health Professions Education Optometry

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Welcome Applicants!Midwestern
University-Glendale Financing Your Health
Professions Education Optometry

• Presented by
• Tammy Schmidt
• Lisa Veliz
• Lesa Stanford
• Stacia McBride

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How Much Will It Cost to Attend MWU?

• Annual Costs (9-Month Budget)
• Figures based on 2010-11 Academic year
• 52,280 for students living with parents
• 55,641 for students living on campus
• 59,618 for students living off campus
• Cost of Attendance increases 5 to 7 annually.

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Cost of Attendance

• Includes educationally related expenses for the
  student only, such as
• Tuition, Books Supplies
• Insurance
• Rent transportation
• Personal Expenses
• Cost of Attendance does not include
• Car payments, Credit Card payments
• Moving expenses
• Higher-than-average rent or mortgage
• 1Dependent Care Expenses
• (Exception 1Daycare expenses for single students
  or married students with working spouses)

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Total Cost of Attendance
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International Packet is mandatory for
F-1, J-1
or "Unknown" statuses.
2011-12 APPLICANTS 2011-12 APPLICANTS 2011-12 APPLICANTS
BIOMEDICAL SCIENCES - MA BIOMEDICAL SCIENCES - MA 60,000
OPTOMETRY 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 PHYSICAL THERAPY 177,000 VISA REQUIREMENTS TOTAL PROGRAM COST IS REQUIRED TO BE DEPOSITED IN A U.S. BANK BANK MUST RESIDE INSIDE THE U.S.
CLINICAL PSYCHOLOGY CLINICAL PSYCHOLOGY 250,000 VISA REQUIREMENTS TOTAL PROGRAM COST IS REQUIRED TO BE DEPOSITED IN A U.S. BANK BANK MUST RESIDE INSIDE THE U.S.
DO - MEDICAL DO - MEDICAL 330,000 VISA REQUIREMENTS TOTAL PROGRAM COST IS REQUIRED TO BE DEPOSITED IN A U.S. BANK BANK MUST RESIDE INSIDE THE U.S.
PODIATRIC MEDICINE PODIATRIC MEDICINE 242,000 VISA REQUIREMENTS TOTAL PROGRAM COST IS REQUIRED TO BE DEPOSITED IN A U.S. BANK BANK MUST RESIDE INSIDE THE U.S.
PHARMACY PHARMACY 219,000 VISA REQUIREMENTS TOTAL PROGRAM COST IS REQUIRED TO BE DEPOSITED IN A U.S. BANK BANK MUST RESIDE INSIDE THE U.S.
PHYSICIAN ASSISTANT PHYSICIAN ASSISTANT 149,000 VISA REQUIREMENTS TOTAL PROGRAM COST IS REQUIRED TO BE DEPOSITED IN A U.S. BANK BANK MUST RESIDE INSIDE THE U.S.
NURSE ANESTHESIA NURSE ANESTHESIA 141,500 VISA REQUIREMENTS TOTAL PROGRAM COST IS REQUIRED TO BE DEPOSITED IN A U.S. BANK BANK MUST RESIDE INSIDE THE U.S.
OCCUPATIONALTHERAPY OCCUPATIONALTHERAPY 143,500 VISA REQUIREMENTS TOTAL PROGRAM COST IS REQUIRED TO BE DEPOSITED IN A U.S. BANK BANK MUST RESIDE INSIDE THE U.S.
CARDIOVASCULAR SCIENCE CARDIOVASCULAR SCIENCE 116,000
DENTAL MEDICINE DENTAL MEDICINE 379,000
TOTAL PROGRAM COST
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Eligibility

• Federal
• U.S. Citizen, Eligible Noncitizen
• Selective Service Registration
• No Unresolved Drug Convictions
• Not in Default
• Credit Check Federal GradPLUS
• Private
• Bankruptcy
• Other Adverse Credit

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TYPES OF AID

• SCHOLARSHIPS
• FEDERAL WORK-STUDY
• LOANS

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INSTITUTIONAL AID

• MWUs 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

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Western Interstate Commission for Higher
Education (WICHE)

• Professional Student Exchange Program
• 15,600 Support Fee for the 2010-2011 AY
• Limited to four academic years
• States supporting students in Optometry Alaska,
  Arizona, Colorado, Hawaii, Idaho, Montana,
  Nevada, New Mexico, North Dakota, Utah,
  Washington, Wyoming.
• No new Idaho students will receive WICHE PSEP
  support for now. The State of Idaho did not
  receive an appropriation to fund new seats in
  Optometry for the 2010-2011 academic year. Check
  WICHEs website for updates on future
  reinstatement.
• http//www.wiche.edu/psep

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Federal Work-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

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Eligibility

• Federal
• U.S. Citizen, Eligible Noncitizen
• Selective Service Registration
• No Unresolved Drug Convictions
• Not in Default
• Credit Check Federal GradPLUS
• Private
• Bankruptcy
• Other Adverse Credit

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Federal Loans

• PERKINS (subsidized loan)
• Based on eligibility of neediest students
• Amounts vary from 2,500 to 3500.
• Apply before priority deadline
• STAFFORD (subsidized/unsubsidized)
• Automatically awarded with FAFSA application
• Annual limit 40,500
• Total lifetime limit 224,000
• GRAD PLUS (Credit-based)
• Covers the remainder up to cost of attendance.

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PRIVATE 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.annualcreditrep
  ort.com
• See Comparison Chart for Federal Grad PLUS and
  Private Loans

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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 months living
  expenses!
• Check your MWU e-mail and Message Board for
  Notifications
• Priority Deadline (Early April)

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Contact Us

• Office Hours Monday-Friday 800 to 430
• Phone- [phone]
• Fax- [phone]
• Federal School Code E00906
• azfinaid_at_midwestern.edu

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Questions