Financial Aid

To help defray the cost of the program, you may apply for a Federal Direct Stafford or Direct Graduate PLUS Loan.  Eligibility for the Federal Direct Loans is based on need as determined by the Free Application for Federal Student Aid (FAFSA).  Students receiving Federal Loans are required to take a minimum of 4.5 credits per semester.  To determine eligibility for these loans, please complete the FAFSA at  Some applicants will be required to submit additional information.  We encourage all students to use the Financial Aid Student Tracking System (FASTS) to learn the status of your financial aid file.  For more information click here

Students should also check with their employers regarding possible financial assistance.

Please note that the cost of on-campus residency room and board is not covered by financial aid and that international students are not eligible for financial aid.  The fall semester begins on the first day of the on-campus residency and continues through the end of the off-campus portion.

Schedule of Payments

All student accounts must be current before enrollment is allowed for subsequent semesters. A late fee of $125 will be assessed if payment has not been received by the due date.

In order to participate in commencement exercises, a student must have completed all academic requirements for the degree and have settled all college accounts.

A monthly payment plan is available from Academic Management Services (AMS) at 1-800-635-0120.

Goucher now accepts online payments. Visit and click on Make and Online Payment link for details. Payments may be made by check, Visa, MasterCard, or American Express.

Refund or Credit Allowed

You will receive a refund of your tuition based on when you withdraw from a course, except for the non-refundable residency tuition.

A partial refund of payments may be made to students who withdraw from courses of their own accord. Any credit balance remaining after these adjustments to the student's account will be refunded. Institutional and federal aid as well as tuition and fees will be adjusted in accordance with the Federal Return of Title IV calculation.  The Title IV calculation is based on the day of attendance as a percentage of total days in the semester up until 60%. For example, if a student drops a class after completing 20% of the semester, the student would be eligible for all but 20% of the tuition (or an 80% refund). After 60% of the semester has been completed, no refunds are awarded.