How Do I Pay for Graduate School?

Financial Aid Process • Payment Plans

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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 Graduate Financial Aid Department at 651-641-8776.


Students should submit the 2022-2023 form. You will need your 2020 Federal Tax Return. Students will also need your FSA ID number ( and Concordia’s School Code (002347). When you are completing the FAFSA you will want to use the IRS Data retrieval process to report your income information. Graduate students are considered independent for financial aid purpose.


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.


You will receive your financial aid award letter from Concordia

This lists the financial aid that you qualify for.


Accept or Decline Your Award

To accept or decline your award on your CSP Connect student portal, find your award letter under the Financial Aid Information tab. Click to accept the terms and conditions of your award and accept or decline your award. Be sure to contact the Financial Aid Office if you have any questions about your award.

Award Amounts for Most Programs (Cost Per Credit = $395)

Fall6 Credits$2370
Spring6 Credits$2370
Summer3 Credits$1185


Award Amounts for MAT Program (Cost Per Credit = $440)

Fall6 Credits$2640
Spring6 Credits$2640
Summer6 Credits$2640

Award Amounts (Cost Per Credit = $415)

Fall6 Credits$2490
Spring6 Credits$2490
Summer6 Credits$2490

Award Amounts (Cost Per Credit = $615)

Fall6 Credits$3690
Spring6 Credits$3690
Summer6 Credits$3690

Note: Be sure to accept a loan amount that will cover the cost of the highest semester tuition because the loan will be divided equally by 3 automatically by the federal government.


Complete Loan Entrance Counseling and the Master Promissory Note

Complete the Federal Direct Loan Requirements by going to Select ‘Graduate’ student in the blue box. Within the federal Direct Loan text, you will have the option to click on ‘Completing the Direct Loans’. Please complete both the Direct Loan Entrance Counseling and Master Promissory Note at this site. We will be notified within 48 hours after it has been completed.

Students Receiving Financial Aid

Students should be prepared to pay for books, etc., from personal funds until financial aid is disbursed. If you are receiving a Pell Grant for the current academic year, and expect a refund check after all aid is disbursed (approximately three weeks after your start date), you may request a book voucher to purchase your books and supplies. Only students who meet the specified qualifications previously mentioned will be eligible to use a book voucher to purchase books and supplies (see your Financial Aid Counselor for more information). All Financial Aid (loans, scholarships, grants) will show on the student account by the first Wednesday in April.

Third party awards are applied to the student account when received. If you are using third party awards (i.e. Employer Reimbursement), you are responsible to pay for all education charges upfront, and may be reimbursed once Third Party Payment is received.

All students are required to have a signed financial arrangement form on file with your Financial Aid Counselor.

Registration may be cancelled at any time for non-payment of fees.

Questions? Contact the Graduate Financial Aid Department at 651-641-8776 or by email at

To view your balance due, you will need to access your online account through Blackboard Learn. Go online to and log in. Click on the My Account by Term under the “Student Tools” section.

Tuition and fee charges, including any balance due after disbursement of financial aid*, must be paid using one of the following options:

  1. Payment In Full(or the total balance due after accounting for financial aid*) by the first Wednesday in April.
  2. CSP Installment Plan
    • In this plan, you will make payments in up to two installments, plus a $35 enrollment fee, according to the timeline below. **
    • Students eligible for financial aid that have not completed requirements and have not received aid by the first Wednesday in April will be automatically enrolled in the CSP Installment Plan..

**CSP Installment Plan

First payment due first Wednesday in April1/2 of outstanding balance
Second payment due first Wednesday in JuneRemainder of outstanding balance

*Financial aid awards typically include loan opportunities, for which you must complete and sign a Master Promissory Note (MPN). Failure to complete and sign an MPN will delay disbursement of Federal loans.

Late Payments

Late payments will be assessed a 1% late fee. All fees must be paid in full by the end of each term before being allowed to register for upcoming semesters. If you have previously registered for future terms, and fail to make payment, you will be deregistered from those terms. Should you leave the institution during the semester, you forfeit your right to use the installment plan and your balance will be immediately due in full.

If you and your school qualify, this program may provide loan forgiveness for eligible Federal DirectLoans. This is a separate program requiring separate forms and processes. The U.S. Department of Education will determine your eligibility for this program; Concordia University – Saint Paul 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 for more information.