2015-2016 Financial Aid Overview - Graduate Programs

For complete information regarding the information below please click on the 2015-2016 Graduate Award Guide located at http://www.goucher.edu/financial-aid/award-guides.


Application Procedures

  • Complete the 2015-2016 FAFSA electronically at www.fafsa.gov
  • Be sure to list Goucher's federal school code- 002073


Award Types

  • Federal aid- Direct Unsubsidized loan, Graduate PLUS loan, TEACH Grant
  • Goucher aid- contact each program for more information
  • Maryland State aid- limited scholarships for MD residents
  • Outside aid- scholarships or other tuition benefits
  • Private education loans


Eligibility Criteria

  • Each type of aid requires you to meet and maintain certain eligibility requirements.


Cost of Attendance

  • Students may receive financial of up to their Cost of Attendance (COA). The COA includes direct institutional charges (tuition and fees) and estimates of indirect expenses (room and board, transportation, books and supplies, and miscellaneous expenses).


Award Notification

  • New and continuing students with complete applications will receive their financial aid notification beginning in May.  This will occur on a rolling basis.
  • Students will receive an email when their financial aid notification may be accessed on the Financial Aid Student Tracking System (FASTS).  Students will need to log into FASTS to accept or decline their award(s).
  • Depending on the award(s) accepted, additional documentation may be needed.


Billing and Refunds- http://www.goucher.edu/Documents/Billing/2015-2016%20Graduate%20Refunds(0).pdf

  • The first E-Bill for each semester will display financial aid as anticipated aid. Anticipated aid is replaced with actual aid after the last drop date of each semester if the aid has been accepted on FASTS and all required financial aid documents have been received and processed.
  • Any remaining charges after all financial aid is applied must be paid by the E-Bill due date. If the student has a balance on their account they may request a refund.
  • PLAN AHEAD- refunds are not available until after the semester begins.  Indirect expenses may need to be paid out of pocket until the refund is available.

Professional Development Certificate and Non-Degree Seeking Graduates

Students participating in the Welch Center's eight Professional Development Certificate and non-degree seeking graduate programs are not eligible to receive federal financial aid.