How Do I Pay for Graduate School?

Financial Aid Process • Payment Plans

Payment Options

We know that paying for your graduate degree is an important factor when choosing a school. Contact the Graduate Information Office to talk more about the key factors to consider – or, read on to learn about the different ways you can finance your graduate degree.

Financial Aid Process

Applying for Financial Aid

Complete all steps below to apply for financial aid. Note: There are financial aid options that are not based on need. Most students in the off-campus programs use financial aid to pay for the program. We recommend that you complete these steps as soon as possible to make sure that your payment arrangements are in order by the first night of class. For help, please contact the Financial Aid Office at (434) 791-7133.

1

Determine how you plan to pay for the program: financial aid or other payment options.

If using financial aid, complete the FAFSA online. It is in your best interest to complete the financial aid process as early as possible. Students applying for Spring 2020 should submit the 2019-2020 form.

If using other payment options, see Page 6 – 7. For Financial Aid Readiness, please schedule an appointment with Pam Harris, Assistant Director Financial Aid, Graduate & Professional Studies, using our online appointment booking system.

2

Review your Student Aid Report (SAR) for accuracy

You will receive this form 7-10 days after the FAFSA is submitted. If there are any errors on your SAR, log back into your FAFSA to make corrections.

3

Review your Award Letter at NetPartner once you have been registered for classes

This lists the financial aid that you qualify for. If you wish to decline all or a portion of the award, log into NetPartner to make any adjustments. Be sure to contact the Financial Aid Office if you have any questions about your award.

4

Complete Loan Entrance Counseling and the Master Promissory Note

Both can be completed at www.studentloans.gov (you will need your FSA ID from Step 1). 

Students Receiving Financial Aid

Contact Pamela Harris, Financial Aid Counselor, at (434) 791-5871 or plharris@averett.edu.

Important:

  • If you are using financial aid to pay for tuition, you must be enrolled and fully admitted to the program of your choice before your student loan funds can be released. You may be required to make payments until your financial aid funds are released.

Federal Loan Requirements

To be eligible to borrow funds under the Federal Direct Loan Program, you must:

  1. File the Free Application for Federal Student Aid (FAFSA)
  2. Be a U.S. Citizen or permanent resident
  3. Not be in default on prior educational loans
  4. Maintain satisfactory academic progress

 

The Pay-As-You-Go option can be combined with financial aid in order to reduce your total student loan balance. Tuition payments are due two weeks prior to the start of each course.

1. Pay your Tuition & Fees Online through PC Self-Service.

Tuition statements may be viewed and paid through PC Self-Service (https://sserve.averett.edu/SelfService/Home.aspx). Students may access this site with their Averett login and password. Students may use PC Self Service to pay by Credit Card or E-Check (ACH). E-Check is the preferred method of payment by Averett.

2. Mail a Check, Money Order, Traveler’s Check, or Credit Card Check.

Make payable to: Averett University. Include student’s name and Averett Student ID number on the check.

GPS – Student Accounts
Averett University
420 Main Street
Danville, VA 24541

Questions? Contact the Office of Student Accounts at (434) 791-7179 or gps.forms@averett.edu.

If you and your school qualify, this program may provide loan forgiveness for eligible Federal Direct Loans. This is a separate program requiring separate forms and processes. The U.S. Department of Education will determine your eligibility for this program; Averett University is not responsible to verify your eligibility for this program. Please do not base your enrollment on this program, as it can be difficult to ensure qualification for government programs which are subject to reform and funding changes.

You must call 1-800-4-FED-AID to verify your eligibility or visit https://studentaid.ed.gov/sa/repay-loans/forgiveness-cancellation/teacher for an application.

Important Notes:

  • We work with students who receive tuition reimbursement from their employers. Contact Student Accounts for further information.
  • If you are using financial aid to pay for tuition, you must be enrolled and fully admitted to the program of your choice before your student loan funds can be released. You may be required to make payments until your financial aid funds are released.

Applying for Financial Aid

Complete all steps below to apply for financial aid. Note: There are financial aid options that are not based on need. Most students in the off-campus programs use financial aid to pay for the program. We recommend that you complete these steps as soon as possible to make sure that your payment arrangements are in order by the first night of class. For help, please contact the Financial Aid Office at (434) 791-7133.

1

Students applying for Summer should submit the 2018-2019 form. Students applying for Fall should submit the 2019-2020 form. You will need your 2016 or 2017 Federal Tax Return and your FSA ID (https://fsaid.ed.gov/npas/index.htm) and Averett University’s School Code (003702). Graduate students are considered independent for financial aid purposes.

2

Students applying for Summer should submit the 2018-2019 form. Students applying for Fall should submit the 2019-2020 form. You will need your 2016 or 2017 Federal Tax Return and your FSA ID (https://fsaid.ed.gov/npas/index.htm) and Averett University’s School Code (003702). Graduate students are considered independent for financial aid purposes.