{"id":45,"date":"2018-12-12T20:49:28","date_gmt":"2018-12-13T01:49:28","guid":{"rendered":"https:\/\/www.graduateprogram.org\/msmary\/?page_id=45"},"modified":"2026-01-20T12:59:41","modified_gmt":"2026-01-20T17:59:41","slug":"how-to-pay","status":"publish","type":"page","link":"https:\/\/www.graduateprogram.org\/msmary\/how-to-pay\/","title":{"rendered":"How to Pay"},"content":{"rendered":"\t\t
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How Do I Pay for Graduate School?<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Financial Aid Process \u2022 Payment Plans<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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<\/div>
Online Programs Available on Your Time, Anytime!<\/div><\/div><\/div><\/div>
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Apply today - No application fee required!<\/div><\/div><\/a><\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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<\/i> Home<\/span><\/a><\/span><\/span><\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Payment Options<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The Mount has a variety of employer tuition remission or reimbursement agreements with local school systems, businesses and community colleges, so you may be eligible for a discount from your employer or previous college.\u00a0<\/p>

Students enrolled on at least a half-time basis (6-credits per semester) may qualify for financial aid. You may seek financial assistance through federal and state-funded programs, private loan providers, or deferment of undergraduate loans.<\/p>

Contact Financial Aid
<\/strong>Hours: Mon.-Fri.: 8:30 a.m.-5 p.m.\u00a0\u00a0
Phone:\u00a0 301-447-5207
Email:\u00a0financialaid@msmary.edu<\/a><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Financial Aid Process<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Applying for Financial Aid<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Students interested in receiving financial aid need to plan accordingly. Because enrollment status is critical to this process, students should map their coursework on at least a semester basis. This means pre-registering for all courses they intend to take in the semester\u2019s modules. Complete all steps below to apply for financial aid.<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Complete the Free Application for Federal Student Aid (FAFSA)<\/a><\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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This form can be completed at\u00a0www.fafsa.gov<\/a><\/strong>. First-time applicants must register for an FSA ID before submitting the FAFSA. It typically takes two to three days to receive the ID, which serves as an electronic signature. To apply for your FSA ID, go to www.fafsa.gov<\/a><\/strong> and click on the icon at the top of the page that says FSA ID. The Mount’s Title IV School Code is 002086. <\/strong><\/p>

Please understand that this form must be sent to the Federal Processing Center first and takes three to four days to be processed. The FAFSA needs to be completed each academic year (July 1 through June 30).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Financial Aid Award Notification<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Once the financial aid office receives your FAFSA and has been notified that you are enrolled at least half-time for a semester, we will email you with instructions on how to view your aid eligibility for the semester. Typically, fall semester award notifications will start to be emailed in mid-July. Spring semester notifications will be sent starting in November, and summer notifications in April. The email will be sent to your MSM email account with instructions on how to view Net Partner, the Mount’s financial aid portal.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Complete the Direct Loan Master Promissory Note and Online Entrance Counseling<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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First-time borrowers must complete a Direct Loan Master Promissory Note and Direct Loan Entrance Counseling. The FSA ID used for the FAFSA is required to complete this step. Both of these steps must be completed\u00a0online<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Accept your awards in Net Partner<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Upon receipt of the Financial Aid Award Notification from the Financial Aid Office, log into Net Partner and accept, reduce, or decline your awards.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Verification<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Students selected for federal verification will be required to submit appropriate paperwork to the Financial Aid Office. Federal aid cannot be processed until the verification process has been completed.<\/p>

Students are reminded that any change in enrollment status or the addition of any outside aid may affect their eligibility for federal funds and prompt a revised award letter to be sent.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Students Receiving Financial Aid<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Disbursements and Refunds
<\/strong>In addition to your financial aid eligibility, Net Partner also provides estimated disbursement dates for your federal aid. This is the anticipated date that your loans and grants will be transferred to your tuition account. Any excess financial aid will be refunded to you by the Accounting and Finance Office within the next 14 business days after the disbursement date.<\/p>

Consortium Agreements
<\/strong>Students who wish to receive aid for courses they are concurrently taking at another institution, or who need to use outside credits to maintain their enrollment status for student loan deferment, must seek prior approval for the courses from their Mount advisor. Upon receiving such approval, the student should then initiate the process by downloading the\u00a0Consortium Agreement<\/a>\u00a0(.pdf). Federal regulations prohibit a student from receiving financial aid from more than one institution at a time.<\/p>

To be eligible to borrow funds under the Federal Direct Loan Program, you must:<\/strong><\/p>

  1. File the Free Application for Federal Student Aid (FAFSA)<\/li>
  2. Be a U.S. Citizen or permanent resident<\/li>
  3. Not be in default on prior educational loans<\/li>
  4. Maintain satisfactory academic progress<\/li><\/ol>

    Questions? Call the Financial Aid Office at 301-447-5207 or financialaid@msmary.edu<\/a>.<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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    If you\u2019re employed by one of our partner counties or institutions, you may be eligible for a 20% tuition discount and\/or direct billing options through your employer. Click here for more information<\/a>.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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    The Division of Continuing Studies, including Graduate and Accelerated\/Adult Undergraduate programs, provides a discounted tuition rate for all active-duty military personnel, including those students using DOD Tuition Assistance (TA), of $250\/credit. Appropriate documentation is required each semester. To be eligible for the reduced military tuition rate, you need to submit the following documentation:<\/p>