| Financial
Aid
Barry University participates in the
full array of federal and state financial aid programs. In addition
to these government-funded programs, we offer a number of scholarships.
Seventy-five percent of our student body receives some form of financial
aid. At Barry, we are committed to doing all we can to help your
finance your education.
Application Information
To determine your eligibility for financial aid,
we suggest you complete the following application:
- Barry University's Graduate and Professional
Financial Aid Application: This document will help us to determine
your eligibility. Please complete this form and forward it to
the Office of Financial Aid.
To determine your eligibility for financial aid,
we suggest you complete the following applications:
- Barry University's Graduate and Professional
Financial Aid Application: This document will help us to determine
your eligibility. Please complete this form and forward it to
the Office of Financial Aid.
- The Free Application for Federal Student
Aid (FAFSA): This form enables us to gather information for awarding
you federal and institutional aid. There is no charge for processing,
and an instruction booklet is included to help you complete the
form. Be sure to mail the FAFSA in the envelope provided and indicate
our Institution Code: 001466. (If your application is selected
for verification by the federal government, you will be required
to submit copies of your tax return or verification of other means
of support.) It is important that you file your applications as
early as possible to insure that your financial aid is processed
in time for registration. Remember, the financial aid staff is
ready to provide further assistance and answer any questions you
may have. We may be reached at (305) 899-3673 or 1-800-695-2279.
Federal Student Loan Programs for Graduate
and Professional Students
Subsidized Stafford
Student Loan Program (formerly G.S.L.)
Through this program students may borrow up to $8,500 per academic
year from a bank, a savings and loan association, or other lenders
who participate in the program. The loan will have a fixed interest rate of 6.8%. Repayment begins six months after the
student graduates or drops below half-time status. In order to qualify
for the program, students must demonstrate financial need; be enrolled
or accepted for enrollment on at least a half-time basis; and show
satisfactory academic progress. Students must be citizens or permanent
residents of the United States.
Unsubsidized Stafford
Student Loan Program
Under the Unsubsidized Stafford Student Loan Program, students do
not have to demonstrate financial need to borrow funds. Furthermore,
the interest is NOT subsidized by the federal government while the
student is in attendance. Consequently, the student will have to
make interest payments or allow the bank to capitalize the interest
accrued during the period of enrollment. Students may borrow up
to $18,500 minus any approved Subsidized Stafford amount. The loan will have a fixed interest rate of 6.8%.
Alternative Loans
Alternative Loans are available to assist students
in the School of Graduate Medical Sciences and other graduate students
enrolled in programs with high educationally related expenses. Creditworthy
students may borrow from $2,000 - $20,000 depending on their cost
of attendance. Students must demonstrate financial need, be enrolled
at least half time or better, and be making satisfactory progress.
Interest rates on these loans are variable, not to exceed the 91-day
treasury bill rates plus 3% at repayment. Interest accrued during
periods of enrollment may be capitalized upon the request of the
student. Please Note: You must apply for loans. Receipt of a financial
award letter indicating eligibility for a loan does not constitute
application. Further information and applications for loans are
available from the Office of Financial Aid. You can reach the Office
at (305) 899-3673 OR 1-800-695-2279.
State of Florida Financial Assistance Programs
for Graduate Students
The following state of Florida programs are available
to qualified graduate students:
- Jose Marti Scholarship Challenge Grant
Fund
- Seminole/Miccosukee Indian Scholarships
- Florida Teacher Scholarship and Forgivable
Loan Program
- Critical Teacher Shortage Student Loan
Forgiveness Program
- Exceptional Student Education Training
Grant for Out-of-Field Teachers
- Scholarships for Children of Deceased
or Disabled Veterans
The financial assistance programs available through
the state of Florida are subject to change. Additional programs
for graduate students may also be available. The most current information
regarding state of Florida financial programs may be obtained by
contacting Barry's Office of Financial Aid at (305) 899-3673 or
1-800-695-2279.
Grants and Scholarships Offered Through Barry
University
Barry University offers a variety of grants, scholarships,
and tuition discounts to qualified students. All full-time Florida
teachers receive at least a 30-percent tuition discount under the
Professional Recognition Scholarship Program. Proof of eligibility
must be submitted. Clergy members of religious communities (sisters,
brothers, etc.) receive a 30-percent discount for all graduate programs
under the Professional Recognition Scholarship Program. Various
academic schools at Barry University also provide grants and scholarships
to eligible students.
Tuition Payment Plans
with Reimbursement by Employers
Students expecting reimbursement for tuition from
his/her employer must present a letter on company letterhead stating
the company's policy at the time of registration. A new letter will
be required each term since policies change frequently. Any difference
between the total payment owed by the student and the payment to
be received from the employer must be paid in full at the time of
registration.
Barry University Deferred Payment Plan
Students enrolled in classes of twelve weeks or
more may pay their tuition and fees in three installments as follows:
1/3 at the time of registration, 1/3 thirty days later, and 1/3
(final payment) thirty days after the second payment. A promissory
note for the full amount must be signed by the student. A $40.00
processing fee will be charged.
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