MVNU Online Financial Aid
Several misconceptions circulate around financial aid for adults who plan to go back to school.
- That adult students aren’t eligible for scholarships, grants, and loans.
- That the best financial aid packages go directly to students who recently finished high school.
- Adults have a much greater financial burden, so it’s not worth it to go back to school.
As a result, adults who are considering finishing their bachelor’s degree, starting a master’s, or acquiring additional career-enhancing credentials get deterred by all the rumors out there and don’t apply.
Mount Vernon Nazarene University factors your needs into our School of Graduate & Professional Studies (SGPS) programs. Most degree programs can be completed online, and our affordable tuition is structured on a per-credit, course-by-course basis. This allows you to continue working while studying on your own timeline. Financial aid fits into this framework, too. If you’re interested in online courses, there are a wealth of financing resources available.
To take advantage of all possible financial aid options, we advise you to first complete your Free Application for Federal Student Aid (FAFSA) form with your application and then reach out to an MVNU Financial Aid advisor for further guidance through the process.
How The Financial Aid Process Works For Adult Students At MVNU
Students entering the MVNU Online program cannot be evaluated for aid until they have submitted their application with a completed FAFSA form. Together, both documents are essential for determining need and awarding a financial aid package.
Contrary to assumptions, adult students attending MVNU are eligible for multiple types of financial aid awards. These include grants, federal subsidized Stafford loans, and federal unsubsidized Stafford loans. For graduate students with high academic standing, assistantships may also be an option, while all adult students may further seek outside scholarship, grant, and loan programs.
Many employers also offer tuition reimbursement as an employee benefit, believing continuing education allows workers to pick up new skills, excel in their jobs, work toward a promotion, and become a valuable asset to their organization. MVNU encourages all adult students to inquire with their employer about tuition reimbursement, including applications and grade, career, and credit requirements.
In general, no age limit exists for receiving financial aid. However, adult students pursuing a second bachelor’s degree should be wary of certain grant and loan restrictions that could affect their award.
Additional Financial Aid Solutions For Adult Students
Along with traditional forms of financial aid, adults matriculating through MVNU Online may be able to utilize their past experiences or previous education toward their degree or apply for an assistantship.
- Community College Partnerships
- Military Service
- Prior Learning Credits
- Graduate Assistantships
Calculating The Cost Of MVNU Tuition
MVNU doesn’t set a flat per-semester tuition rate for our students. Instead, all SGPS courses are based on a per-credit, course-by-course structure. Across all graduate programs, the current rate is set at $498/credit hour. Undergraduate degrees have some variance, and students should explore their specific program for more information.
MVNU Financial Aid Policies
Learn More About MVNU’S Financial Aid Solutions For Adult Students
Have you started an application but still have questions? Do you want to find out more about grants, scholarships, and loans for adult students? Direct your questions to MVNU’s Financial Aid advisors. Call the Financial Aid Office at 866-686-8243 or reach out via email today.