How Do I Pay for Graduate School?

Financial Aid Process • Payment Plans

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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

2019-2020 Financial Aid Filing Information

(for 2019 Summer, 2019 Fall, and 2020 Spring)

To ensure that your financial aid is in place prior to your billing date, please make every effort to submit all steps below as soon as possible. If your financial aid application is not complete, you may be required to make payments to meet your financial obligations and be reimbursed once your aid has been disbursed.

Financial Aid Filing Checklist

The items below are the essential steps in the financial aid process. Please check off each step once you have completed it.

1

Review the document “Applying for Aid- Instructions and Information” available at www.holyfamily.edu/finaid/forms.

2

Complete the Free Application for Federal Student Aid

Submit your 2019-2020 Free Application for Federal Student Aid (FAFSA) File on-line at www.fafsa.gov. In order to electronically sign your FAFSA on the Web, you will need to get a FSA ID by visiting https://fsaid.ed.gov.

3

Complete a Summer Financial Aid Application for the 2019 summer terms

If you wish to apply for financial aid, submit a 2019 Holy Family Summer Financial Aid Application, in addition to the 2019-2020 FAFSA listed above. You can print this form from our website, www.holyfamily.edu/finaid/forms (choose “2019-2020”). This form should be submitted to the Financial Aid Office.

4

Complete Loan Entrance Counseling and the Master Promissory Note

For new borrowers of Direct Federal Loans, file a Direct Federal Loan Master Promissory Note (MPN) and complete Entrance Counseling. This can be done on-line at https://studentloans.gov/myDirectLoan/index.action.

5

Submit Other Forms

Submit any other forms requested by the Financial Aid Office. Be sure to respond to any requests promptly to avoid delays in the processing of your financial aid.

  • If you do not have web access, you can pick up forms (other than the FAFSA) in the Financial Aid Office, Room 203 of Holy Family Hall or at the front desks of our Newtown site. You may also call or email our office using the information on this page and we will be happy to mail them to you. If you prefer to file your FAFSA through the mail, you must download and print an application from www.fafsa.gov, then complete and mail it to the federal processor.
  • Once we receive all necessary information, we will process your aid and send your award letter. Returning students will have aid processed after the Spring 2019 grades are finalized (usually June) and once you are registered for the Fall 2019 semester. New students will have aid processed once you are accepted to a degree or teacher certificate program and registered for the Fall 2019 semester.

Questions? Contact the Business Office by phone at (267) 341-3334 or by e-mail at cwilliams@holyfamily.edu

Complete all steps below to enroll in a monthly payment plan. This plan will allow you to spread out tuition payments over the entire semester, and will break your tuition bill into more manageable payments.

Federal Student Loans are also available for graduate students (see page 8).

Holy Family University partners with Tuition Payment Solutions to let you pay tuition and fees over time, making college more affordable. Our interest-free payment plans provide easy online enrollment with flexible payment options.

How to Enroll in a Payment Plan through Tuition Payment Solutions:

1. Choose your payment method

You can select to have your payments deducted by automatic bank payment (ACH) or you may choose to pay via credit/debit card. We accept MasterCard, Visa, Discover, or American Express. Note: Service fee may be assessed for using a credit or debit card.

2. Know Your Fees

You will be responsible for a $25 per semester nonrefundable enrollment fee (ACH credit/ debit card). A $25 late fee will be assessed for late payments, and a $40 fee will be assessed if any payments are returned.

3. Enroll

Contact Tuition Payment Solutions at 610-822-3773 and follow the steps provided to enroll in a payment plan. You will be required to create an account to complete easy 4-step enrollment process. Payments will be processed on the 10th of each month.

  • Returning students must maintain Satisfactory Academic Progress (SAP) in order to maintain eligibility for their financial aid each year. A detailed description of Holy Family’s SAP policy can be found in the Graduate University Catalog or at www.holyfamily.edu.
  • In order to receive federal, state, and some Holy Family funded aid, you must be accepted into a degree program or teacher certification program. You must also be a U.S. citizen, national or permanent resident of the U.S. or one of its territories. Most types of financial aid require you to be enrolled at least half-time per semester (for graduate and doctoral students, at least 3 credits per semester).
  • Aid is not credited to your account until the end of the add/drop period of the last session in each semester.
  • Please forward notification of scholarships you receive from any sources. If you will receive tuition reimbursement, please send a copy of your company’s tuition reimbursement policy on their letterhead.
  • Graduate students and students pursuing a second bachelor’s degree or teacher certification are only eligible to receive Direct Federal Loans.
  • Graduate students pursuing a teacher certification, not a Master’s degree, will have their Federal Direct Loan eligibility based on undergraduate loan limits.
  • Graduate students can only receive financial aid for graduate credits since undergraduate credits are not degree requirements.

Questions? Contact the Business Office by phone at (267) 341-3334 or by e-mail at cwilliams@holyfamily.edu

Please feel free to contact the Financial Aid Office with any questions that you may have during the filing process. We are here to help make this important process go as smoothly as possible.

Financial Aid Office
www.holyfamily.edu/finaid
9801 Frankford Ave. Philadelphia, PA 19114
Phone: 267-341-3233
Fax: 215-599-1694
finaid@holyfamily.edu

Important:

We will work with students who receive tuition reimbursement from their employers. Please contact the Business Office for more details.

Limited Number of Graduate Assistantships are available