Program Policies and Related Information

Financial Aid

To help defray the cost of the program, you may apply for a Federal Stafford Loan. Eligibility for the Federal Subsidized Stafford Loan is based on need as determined by the Free Application for Federal Student Aid (FAFSA). Additional eligibility is available through the Federal Unsubsidized Stafford Loan.

Students receiving Federal Stafford Loan aid are required to take a minimum of 4.5 credits per semester.

To determine eligibility for these loans, please complete the FAFSA online at www.fafsa.ed.gov You should request a personal identification number online at www.pin.ed.gov.  A paper FAFSA is also available from the Office of Student Financial Aid of Student Administrative Services (SAS) and from other colleges and universities. Documents to be submitted to SAS include the Goucher Graduate Application for Financial Aid and a Federal Stafford Loan Master’s Promissory Note (available from SAS).

Students selected for verification will need to provide signed copies of their 2008 federal tax return and W-2 forms.

Goucher College is authorized to provide for the education of qualified veterans and when eligible, the spouses and children of deceased or disabled veterans under the provision of the various federal laws pertaining to veterans' educational benefits. Students eligible for veterans' benefits must apply for admission, pay their bills, and register in the same manner as non-veteran students. Reimbursement is made by the Department of Veterans' Affairs. To receive benefits, students must qualify for benefits and must comply with the rules that have been established by the Department of Veterans' Affairs and the policies currently in effect at Goucher. Further information and enrollment forms may be obtained from Goucher's Office of Student Administrative Services, 410-337-6500. Students should also check with their employers regarding possible financial assistance.

Please note that the cost of the 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.

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.