Types of Financial Aid

You Have Options for Investing in Your Future

Ohio University is dedicated to helping you reach your educational goals.

Here is a partial list of financial aid options available to help you achieve your dream of earning your masters in health administration. To learn more about these and other options, contact your Enrollment Advisor at 1-877-823-1113.

Federal Student Aid

Federal Student Aid is the largest source of student aid in the nation. The Free Application for Federal Student Aid (FAFSA) will help you determine your eligibility. U.S. citizens and permanent residents have access to federally funded loans through the Office of Student Financial Aid and Scholarships (OSFAS). For further information, visit the Ohio University Financial Aid and Scholarships website: www.ohio.edu/financialaid. Our school code is 003100.

Federal Stafford Loans

Stafford Loans are available to students who qualify. There are two different types of graduate federal student loans: the subsidized Stafford Loan and the unsubsidized Stafford Loan. To see if you are eligible, please visit: http://studentaid.ed.gov/PORTALSWebApp/students/english/aideligibility.jsp?tab=funding

Subsidized

A subsidized Stafford Loan is awarded on the basis of need, and the federal government pays interest on the loan while you are enrolled at least half-time (6 credits) and for one 6-month grace period after you graduate or fall below half-time enrollment.

Unsubsidized

An unsubsidized Stafford Loan is not based on need and allows some students to borrow additional money. Students are responsible for the interest on an unsubsidized loan. No payments are required on any Stafford Loan until 6 months after you leave school or fall below 6 credits. If possible, you may want to pay accrued interest on an unsubsidized loan while you are enrolled.

For more information on Federal Stafford Loans, please visit: http://studentaid.ed.gov/PORTALSWebApp/students/english/studentloans.jsp

Employer Tuition Assistance

Some employers provide tuition assistance to their employees. Contact your human resources department to determine your organization’s policy.

 

Alternative Student Loans

Some students may need additional loan funds after maximizing their federal loan options or may not be eligible for federal loans and still need to borrow towards their education. Many lenders offer private alternative loans to help students fill the gap between financial aid and college costs.

Students must either meet the credit criteria of the loan for which they are applying or have a credit-eligible co-borrower. Many of these loans also require a minimum of half-time enrollment (5 credit hours for graduate study) per term. In the masters in health administration program from Ohio University, you will enroll for 8 credit hours per term with the exception of the last term, which is 4 credit hours.

For more information about Alternative Loans, please visit:
http://www.ohio.edu/financialaid/loans/loans_alt.cfm