Financial Aid

Pursuit of higher education requires a substantial financial commitment, but it's a valuable investment in your future.

At Adler, we're committed to helping you finance your education through a variety of payment options, as well as federal and private financial aid programs. Most of Adler's M.A. candidates are eligible for federal financial aid, and other students may qualify for alternative loans. We'll take the time that's necessary to determine the best options for financing your Adler education, and we'll guide you through the process.

The Adler Graduate School is approved by the U.S. Department of Education to participate in the William D. Ford Federal Direct Loan program and the Federal Direct Graduate PLUS program. These low-interest rate loans are available to offset the costs of tuition, fees, books and living expenses for periods during which qualified students are enrolled for at least 3 credits per term.

Cost of Attendance (Financial Aid Budget)

The financial aid office establishes each financial aid applicant's cost of attendance or financial aid "budget" for each 9-month academic year.  A student's total financial aid award cannot exceed his or her financial aid budget. The cost of attendance is calculated by including the following:

• Tuition and Fees
• Books and Supplies
• Living Expenses

Adler’s 2011-2012 actual cost of attendance for 9 months:

Tuition ($485/credit x 18 (6 credits per term) $8730                          
Fees 270
Books and Supplies 1080
Living Expenses (room & board, transportation, misc) 15840
Total Cost of Attendance $25920

The cost of attendance represents the maximum financial aid you can receive for 9 months of enrollment.  Each student’s financial situation is different – you may find that you only need enough financial aid to cover your tuition.  The best advice is to only borrow what you need.  Many students work while attending Adler, your income can help offset your living expenses meaning you wouldn’t need financial aid to cover those expenses.

To be eligible for federal financial aid at Adler, a student must:

  1. Be enrolled or accepted for enrollment in the master's degree program. (Other students may qualify for alternative loans - contact the financial aid office for additional information.)
  2. Be a U.S. citizen, national, or permanent resident, or eligible non-citizen.
  3. Register for a course load of at least 3 credit hours in each term covered by the loan period and maintain a minimum cumulative G.P.A. of 3.0 (B). Students must also maintain satisfactory academic progress.
  4. Not be in default on any Title IV federal loans including the Perkins (National Direct/Defense Student Loans), Nursing Student Loans, Federal Family Education Loans (Stafford/GSL, Supplemental Loans for Students/ALAS, PLUS, or William D. Ford Direct Loans) or owe a repayment on any Title IV Pell Grant or Supplemental Educational Opportunity Grant (SEOG).
  5. Accurately file all required financial aid forms and provide supporting documentation as requested by the financial aid office.

Payments on the Federal Direct Loan program are deferred as long as students are enrolled at least one-half time (3 credits per term). Repayment of Federal Direct loans generally begins six months after a student graduates, withdraws, or drops below one-half time. (Contact your loan servicer for specific information regarding the repayment of your student loans.)