4 0 obj Learn more about the difference between unsubsidized and subsidized loans. What is the difference between a Direct Unsubsidized Loan and a Direct Subsidized Loan?Direct Subsidized Loans are available to undergraduate students with financial need. You may contact Student Accounts for information regarding your tuition bill. Does Pepperdine limit the number of students that can utilize the Yellow Ribbon Program?No. Submit the FAFSA Online. The Direct Unsubsidized Loan is available to undergraduate and graduate students and does not require demonstration of financial need. What is the FAFSA?TheFree Application for Federal Student Aid (FAFSA) is the application the Department of Education uses to determine if you are eligible to receive federal student aid. When VA benefits are calculated, the amount of this national cap must be expended before Yellow Ribbon Program benefits can be awarded, if applicable. Your VA Certificate of Eligibility will indicate benefit level and how many months/days you have to utilize. The parent that wants to borrow the loan under their name will need to log in to the Department of Education's website using their Federal Student Aid ID and complete the. Financial aid completion deadline for returning students. Our Financial Aid Office staff are available to answer any questions you may have about the financial aid application process, as well as to help you navigate the details of funding your education at GSEP. What constitutes an academic year for federal student aid?An academic year is the year for which financial aid is used to fund your education. If you are a student of the Graziadio Business School, you have been assigned an e-mail Pepperdine need-based and federal aid is based on your financial need. Student Accounts assists admitted and current students with online payments, account If you have any questions about tuition and financial aid contact the Office of Financial Assistance by email onlinelawfinaid@pepperdine.edu, or call 310-506-4633. Once you have completed the FAFSA, apply for the Direct Graduate PLUS Loan by completing the credit application on the Federal Student Aid website. The Office of Financial Assistance's objective is to provide a positive financial decision to ensure that financial aid funds are available at the start of school. If there is eligibility for additional loan funds based on the COA, you are able to use those resources to cover expenses such as books, supplies, and other miscellaneous expenses. Last day to submit loan applications for the summer session. - Recorded Session. Learn more about interest rates on the Federal Student Aid website. Therefore, graduate students are not eligible for the Federal Pell Grant nor the Direct Subsidized Loan. April 1. May 15. Please reference the chart below to determine which FAFSA to complete based on your desired start date: Do I need to complete the FAFSA each year?Yes. %PDF-1.7 However, if you repay some of your loans to bring your outstanding loan debt below the aggregate loan limit, you could then borrow again, up to the amount of your remaining eligibility under the aggregate loan limit. Who can I contact at Pepperdine for financial aid questions?If you have any questions about tuition and financial aid contact the Office of Financial Assistance by email onlinelawfinaid@pepperdine.edu, or call310-506-4633. Contact Our Office. visit the Pepperdine Veterans Services page. You will be awarded once admitted to the school, as all students will be considered Do I have enough Post-9/11 GI Bill eligibility to complete my degree at Pepperdine? The Free Application for Federal Student Aid (FAFSA) is the application the Department of Education For questions regarding the application and criteria, contact us at gsepfaid@pepperdine.edu or 310-568-5775. Lenders offer private educational loans with different rates, fees, repayment terms, and approval requirements. In addition to the federal student aid eligibility criteria, applicants cannot have an adverse credit history. Learn more aboutgraduate annual loan limits. Can I use financial aid to cover the deposit?No, federal student aid cannot be used to pay the deposit. Financial Aid Office or request a personal appointment whenever they have financial The Federal Unsubsidized Loan is not based on income or financial need. Most private loans also have deferred payment options while you are in school; however, you will need to check with your loan servicer. ? We recommend you to submit FAFSA as soon as possible if you plan to use financial Contact Financial Aid. If you need assistance, please contact the University Help Desk at 310-506-HELP. If so, will I be able to use the loan funds to cover these expenses?Yes, there are 2 residencies required for each of the Law@Pepperdine programs. How is the Post-9/11 GI Bill benefit calculated at Pepperdine?Learn more on our Veterans Services page. How do I apply for military education benefits?To begin the process of applying for eligible military education benefits, visit theU.S. Department of Veterans Affairs website. Step 1: Sign in to WaveNet Step 2: View Financial Aid Step 3: Accept or Decline Aid Step 4: Federal Direct Loan Step 5: Federal Direct PLUS Loan (Parent Loan for Undergraduate Students) Step 6: Federal Work Study Program/Pepperdine Work Program If Im eligible to receive a refund, what is the process?Refund processing by the Student Accounts Office begins the business day after the Add/Drop period of each session. If you are applying for Post-9/11 GI Bill benefits, complete theEducation Benefits Application, which generates a request for a Certificate of Eligibility (COE). How do I determine full-time, part-time, or half-time enrollment in this program?Although 8 units per semester is usually considered to be a full-time graduate course load, for this program, the federal government only requires that students be enrolled in 4 units each semester to maintain their eligibility for federal funding. ?The totalcost of attendance (COA)for each semester includes tuition, fees and living expenses. How much am I eligible for with the Direct Unsubsidized Loan?Most graduate level students are potentially eligible to receive up to $20,500 per academic year from the Direct Unsubsidized Loan. Please begin the financial aid application process prior to receiving an admissions How much can I borrow from the Direct Graduate PLUS Loan?If approved for the Grad PLUS Loan, you can borrow up to the cost of attendance as determined by Pepperdine. What is the Federal Direct Unsubsidized Loan?The Federal Direct Unsubsidized Loan is a federal loan offered to students to help with the cost of education. Is there a residency required for this program? Can I consolidate my graduate loans and my undergraduate loans?A Direct Consolidation Loan allows you to consolidate (combine) multiple federal education loans into one loan including both graduate and undergraduate loans. Contact Us. The cost of attendance represents the average amount believed to be adequate to cover Information on unsubsidized loan origination fees can be found on the Interest Rates and Fees page of the Federal Student Aid website. If you qualify for aid, this can work out well, since you'll get a sizable award. Are there any additional loan fees for the Direct Unsubsidized Loan?There is a loan origination fee that is a percentage of the total loan amount. As financial aid professionals, we abide by the following guiding principles of the profession: Make every effort to serve students seeking assistance from the Financial Aid Office. The office provides information and counseling on available financial aid, and assistance As such, it is important to talk with the School Certifying Official during the admission process to ensure your degree option is currently approved. All critical information regarding your financial . costs. Credit approval must be obtained for Federal Direct PLUS loans and/or alternative/private loans. Is there a repayment calculator or estimator that I can use?Yes, visit theDOE website for repayment calculators. West Los Angeles; Learn more about the difference between unsubsidized and subsidized loans. April 27, 2023. In order for your Financial Aid award(s) to be applied to your account, you must proceed If there is a surplus credit from your loans, you may use those funds to cover expenses associated with your immersion. Your WaveNet account includes access to academic records, billing, financial aid, direct deposit set up, and more. What information is included in the 1098-T Form?Form 1098-T reports amounts paid for qualified tuition, scholarship and grants processed in 2019 to students enrolled in courses at Pepperdine for which they receive academic credit. x]YsH~WC=9!om1{3 6 U8H$]b;mGe_~U/>~7~Rl8EHF+VDq|p}lly E$+*P\X_/7yt1>F\}_Gg$G ]+J(DE:)8ew^70][:D*$8#1*.n;qQ4,H~L,W,Fq1GBw%li^ocN9kL8.^|%K.+9uRm;ziVQ^h3Ye}y7z4=Ht/RyZ+;Z7Y^+b\ 5Bt=p9z:)knM.('(c1BPSM} You will then receive confirmation of your submission. The unsubsidized loan begins accruing interest as soon as funds are disbursed. Learn more about repayment timelines. What is the Direct Graduate PLUS Loan?The Direct Graduate PLUS Loan is a federal loan that graduate or professional degree students can use to help pay education expenses in addition to the Direct Unsubsidized Loan. Financial Aid Office310.568.5530 option 1PGBSFinancialAid@pepperdine.edu, Student Accounts Office310.568.2307PGBS.Student.Accounts@Pepperdine.edu, Admission Office310.568.5535PGBS.Admission@Pepperdine.edu, Office of International Student Services310.506.4246OISS@Pepperdine.edu, Office of the University Registrar310.506.7999OneStop@Pepperdine.edu, Federal Student Aid Information Center800.433.3243, Duplicate Student Aid Report Requests319.337.5665, Pepperdine UniversityGraziadio Business School6100 Center Drive, Suite 400Los Angeles, CA 90045, Center for Teaching and Learning Excellence, Institute for Entertainment, Media, and Sports, Graduate School of Education and Psychology. Pepperdine University is a Christian University committed to the highest standards of academic excellence and Christian values. Online Graduate Programs / Online Business Programs / Admissions / Tuition and Financial Aid / Business Financial Aid FAQs. A credit check is performed to determine whether a Graduate PLUS Loan applicant meets this requirement. Pepperdine is proud to share that we do not have a limit on the number of Yellow Ribbon-eligible students we accept. What is the deadline to apply for VA education benefits?Students should apply as soon as possible, before tuition payments are due. What information is included in the 1098-T form?Form 1098-T reports amounts paid for qualified tuition, scholarships, and grants processed in 2018 to students enrolled in courses at Pepperdine for which they received academic credit. The Free Application for Federal Student Aid open_in_new (FAFSA) is the application the Department of Education uses to determine a student's eligibility for federal student aid. At the graduate level, federal aid is not need- or income-based. Do Direct PLUS Loans affect my aggregate loan limit?Only Direct Subsidized/Direct Unsubsidized Loans (formerly referred to as Stafford loans) and federal loans made through the Federal Family Education Loan (FFEL) Program count toward your aggregate loan limit. When should I complete the FAFSA?The FAFSA is available every October 1 for the upcoming academic year. How do I view my bill?You will need to contactStudent Accountsfor information regarding viewing your tuition bill. Contact your lender for default resolution options. Free Application for Federal Student Aid (FAFSA) Do I need to verify enrollment monthly with the VA using their text or email verification tool?Yes. Please note: If you choose to indicate No, your Financial Assistance information will not be processed and you will need to contact the Financial Assistance Office. Our staff is available to assist students with all financial aid processes including application procedures, resource comparison, and the utilization of funds. You should be aware that although you can defer payments while you are in school, interest will still accrue on your loan(s). Financial aid file completion deadline for first-year and transfer students. What is considered full-time?Undergraduate: ** 12 unitsGraduate: 6 units. You can learn more about graduate annual loan limits on the Federal Student Aid website. Contact a Department Admissions Pepperdine Caruso Law 310.506.4631 Tour: 310.506.6787 lawadmis@pepperdine.edu Alumni Relations Is there an immersion required for this program? How do I qualify for a tuition tax credit?For details on tax benefits for education, see IRS Publication 970: Tax Benefits for Education, which provides detailed information. If the total loan amount you receive over the course of your education reaches the aggregate loan limit, you are not eligible to receive additional loans. Title IV Federal Aid and scholarships, private educational loans, and grants. The result is a single monthly payment instead of multiple payments. The unsubsidized loan begins accruing interest as soon as funds are disbursed. Students in default are not eligible for additional federal loans. What is the Expected Family Contribution (EFC)?The Expected Family Contribution (EFC) is a measurement of your ability to contribute toward your educational costs. and the utilization of funds. Contact Phone: 310.568.5775 Fax: 310.568.2399 Email: GSEPfaid@pepperdine.edu BOOK A CONSULTATION BELOW 105 Cordelia Camp 1 University Drive Western Carolina University Cullowhee, NC 28723 . Education and Training page of the U.S. Department of Veterans Affairs site. Financial Aid Guide; Accept/Decline Instructions; Appeals; IRS Data Retrieval Tool; Thank You Letter; Financial Aid Forms. As a graduate/professional student, your EFC is not a factor in your eligibility for federal student loans. What are the eligibility factors for the Post-9/11 GI Bill?You are potentially eligible for this VA-administered program if you have at least 90 days of aggregate active-duty service after September 10, 2001, and are still on active duty, or if you are an honorably discharged veteran or were discharged with a service-connected disability after 30 days. Contact your lender for default resolution options. What is the Expected Family Contribution (EFC)?The Expected Family Contribution (EFC) is a measurement of your ability to contribute toward your educational costs. Federal Aid Review Application - You must have a completed FAFSA on file for the 2023-2024 academic year AND you/your parents experienced a significant change (loss) in income during the 2022 . Pepperdine | Graduate School of Education and Psychology, MA in Clinical Psychology with an Emphasis in MFT - Day Format, MA in Clinical Psychology with an Emphasis in MFT - Evening Format, MA in Clinical Psychology with an Emphasis in MFT with Latinx Communities, MS in Leadership in Pre K to 12 Education, MS in Organizational Leadership and Learning, EdD in Educational Leadership Pre-K to 12, Consultation for New/Prospective Students (30 min), Consulation for Current Students (30 min), Graduate School of Education and Psychology. Questions regarding eligibility should be directed to the VA at1-(888)-442-4551. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/Annots[ 20 0 R 26 0 R 27 0 R 28 0 R 29 0 R] /MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> When will I receive my financial aid offer?Financial aid offers are typically prepared once students are enrolled for the semester, if a FAFSA is on file for the year. March 22nd from 6-7pm PST - Scholarships can greatly help graduate and college-bound students and their families, "Pepperdine Graziadio is proud to once again be named a top business school by U.S. News & World Report," said Arman Davtyan, assistant dean of enrollment management at Pepperdine Graziadio . The University's lender lists are based solely on the best interests of the students or parents who may use the list without regard to the financial interests of the University.