Program Costs & Financial Aid

Student loans, the most common form of aid for adult students, are available regardless of income. As a Lasallian institution, we are invested in serving students of all means.

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Program Costs

Fixed and estimated costs for cohorts starting in September 2017 and January 2018 (2017-2018 academic year):

  • Tuition cost of 36 unit program: $37,836

  • Per course tuition (12 core courses at 3 units each): $3,153

  • Course materials fees: $170 (approximately, for entire program)

  • Technology fee (one time, non-refunable): $500

  • Tuition Deposit (non-refundable): $200

  • Cost of books per course: Approximately $75-$150

  • Concluding retreat at the end of the program: est. $1,100-$1,300 payable with tuition in the last trimester

Financial Aid

Things to consider when applying for financial aid:

  • Admission to the MA in Leadership program is required before we can process, offer, and disburse aid. Students must be fully accepted into the program before aid is awarded.

  • Financial aid deadlines do not apply to graduate students. You may apply year-round for aid, but allow sufficient time for the processing of your financial aid award (60 days).

  • It may or may not take up to 30-40 days, provided the loan application process has been completed, before the actual disbursement of aid.

  • Students must be enrolled in a minimum of 6 units per term and participating in their courses in order to receive financial aid. If not, financial aid funds must be returned.

  • Students must remain in the program during the loan periods. Withdrawal from courses may disqualify the student from receiving financial aid.

  • Students must re-apply each academic year for continuing financial aid.

  • Notify your financial aid advisor if there is a change to your educational plan.

For more information, please visit the College's financial aid website or call the Financial Aid Office at 925-631-4370 or 866-306-0390 (toll free). 

 

FREQUENTLY ASKED QUESTIONS

What financial aid is available for graduate students?

Federal student loans, the most common form of financial aid for adult learners, are available to U.S. citizens or eligible non-citizens regardless of income.

The Federal Direct Loan is an unsubsidized government loan (meaning the federal government does not pay the interest on the loan at any time) awarded to graduate students up to $20,500 per year at a fixed interest rate (currently 5.31%). There are no federal credit eligibility requirements for the Unsubsidized Direct Loan.

The Graduate PLUS Loan is meant to fill the gap between your financial aid package and the cost of your education. Borrowers must use their entire Federal Direct Loan award before receiving a Graduate PLUS loan and meet federal credit eligibility requirements. The interest rate for the Graduate PLUS loan is fixed (currently 6.31%). 

When do I apply for financial aid?

Prospective students should apply for financial aid at the same time they are applying for admission to the program. Students are billed from the beginning of the program and are obligated to pay tuition and fees not covered by financial aid. Students may also apply after they start the program, if aid later becomes a need.

How do I apply for financial aid?

Complete the Free Application for Federal Student Aid (FAFSA) online at www.fafsa.gov prior to the start of your academic program. The FAFSA is the only form needed to apply for graduate financial aid. The federal code for Saint Mary’s College is 001302.

While you are completing the FAFSA, go to www.studentloans.gov to complete:

  • Graduate Entrance Counseling

  • Subsidized/Unsubsidized Master Promissory Note

What will I need to complete a FAFSA?

To complete the FAFSA, you will need to gather the following:

  • Your Social Security Number. Be sure it is correct!
  • Your Alien Registration or Permanent Resident Number (if you are not a U.S. citizen)
  • Your driver’s license (if any)
  • Your most recent W-2 forms and other records of money earned
  • Your (and your spouse’s, if you are married) most recently filed Federal Tax Return (IRS 1040, 1040A, 1040EZ)
  • Your most recent untaxed income records (Veterans non-education benefit records, child support received, worker’s compensation)
  • Your current bank statements
  • Your current business and investment information (mortgage, business and farm records, stock, bond and other investment records) 

* If your tax return has not yet been completed at the time you apply, estimate the tax information based on the previous year’s income, apply, and correct the information later. 

I just successfully submitted my FAFSA electronically. Now what happens?

Federal Student Aid will process your application and send you a Student Aid Report (SAR). An electronic copy will also be made available to SMC within 3 to 4 business days. Review the student aid report—the result for your FAFSA application. If necessary, make changes or corrections and resubmit your SAR for reprocessing. Your complete, correct student aid report will contain your Expected Family Contribution (EFC)—the number used to determine federal student aid eligibility.

How will I be notified if I am awarded financial aid?

The Financial Aid Office will notify you when you have been awarded financial aid. Students will be mailed their original/initial award letter outlining their aid eligibility and instructions if additional steps are needed to finalize their award(s). If a revision to the original award letter occurs, students will be notified by SMC email to log on to GaelXpress to view the change. There is no need to take any action on GaelXpress as the revised award letter is “inquiry only.” Students should contact the Financial Aid Office with any questions or concerns.

When do I receive my financial aid?

Financial aid is disbursed each trimester, or once every four months. The disbursements are processed about one month into the trimester, after the College has verified that the student is admitted, registered, and has no outstanding debts from the previous term.

Is the amount of financial aid equal to the cost of the courses?

Frequently, the amount of aid is more than the cost of the program courses and fees. If that is the case, students receive a check from the Business Office for any amount over the cost of the courses and fees for the term in which the aid is disbursed. If the amount of the aid, however, is less than the cost of the course during the term in which the disbursement is made, the student must pay the different to the Business Office.

Are there any other scholarships, grants, or loan forgiveness programs available?

The Kalmanovitz School of Education (KSOE) offers scholarships to incoming and continuing students in the MA in Leadership program. The application can be found on our website. There are also a number of financial aid and scholarship resources available on the Web. Individuals employed in government and non-profit organizations may also be eligible for loan forgiveness in certain circumstances. Please contact our Admissions Team at (800) 621-4715 or [email protected] for more information. 

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