Financial aid for the Occupational Therapy Program is available in the form of loans. Barry University participates in the full array of Federal and state financial aid programs.
Graduate financial aid packets may be obtained from the Financial Aid Office (e-mail: email@example.com ; telephone (305) 899-3673 or 1-800-695-2279, menu option “financial aid”). To determine your eligibility for financial aid, we suggest you complete the following two applications:
- Barry University's Graduate and Professional Financial Aid Application. This document will help the Financial Aid Office to determine your eligibility.
- The Free Application for Federal Student Aid (FAFSA). This form enables the Financial Aid Office to gather information for awarding you federal and institutional aid. There is no charge for processing. You may either complete the online version at www.fafsa.ed.gov or the paper version. If you complete the paper version be sure to mail the FAFSA in the envelope provided. Our Institution Code is 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.
Federal Student Loan Programs for Graduate and Professional Students
Subsidized Stafford Student Loan Program (formerly G.S.L.)
Through this program, you 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 you graduate or drop below half-time status. In order to qualify for the program, you must:
- demonstrate financial need;
- be enrolled or accepted for enrollment on at least a halftime basis;
- show satisfactory academic progress; and
- be a citizen or permanent resident of the United States.
Unsubsidized Stafford Student Loan Program
Under the Unsubsidized Stafford Student Loan Program, you do not have to demonstrate financial need to borrow funds. The interest for this loan is NOT subsidized by the federal government while you are in attendance. Consequently, you will have to make interest payments or allow the bank to capitalize the interest accrued during the period of enrollment. You may borrow up to $18,500, minus any approve Subsidized Stafford amount. The loan will have a fixed interest rate of 6.8%.
Alternative Loans may also be available to assist you. Creditworthy students may borrow from $2,000 to $20,000, depending on the cost of tuition. You 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 request.
Please note: You must apply for loans. Receipt of a financial award letter indicating eligibility for a loan does not constitute application.
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
- 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 e-mailing Barry's Office of Financial at firstname.lastname@example.org or calling (305) 899-3673 or 1-800-695-2279 (menu option: financial aid).
Tuition Payment Plans with Reimbursement by Employers
If you are expecting reimbursement for tuition from your employer, you must present a letter on company letterhead stating the company's policy at the time of registration. Since policies change frequently, a new letter will be required each term. Any difference between the total payment owed by you and the payment to be received from your employer must be paid in full at the time of registration.