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Graduate Tuition and Financial Aid

Financing your MSM degree is an investment in your future. At Mount Ida, you may be eligible to receive financial aid if you are enrolled in at least six credits per academic term.

Financial aid is provided to eligible students in the form of federal loans and the maximum loans eligibility is $20,500 per academic year.

To apply, you must:

  1. Obtain a FSA ID from the Department of Education website. You will need a FSA ID to complete the FAFSA.
  2. Complete the Free Application for Federal Student Aid (FAFSA) online. Mount Ida’s school code is 002193.
  3. To help you along the way, we’ve developed a comprehensive 2017-2018 Graduate Award and Billing Guide.
  4. For billing and payment options please visit Student Accounts information here.
  5. For monthly payment plan information please visit Tuition and Fees outlined here.
  6. For withdrawal adjustment policy schedule please visit Tuition and Fees information here.

For other information please review the Student Accounts page here.

2017-2018 TuitionCost per Credit Cost per Class
Tuition$630$1,890
Alumni Tuition$580$1,740

Estimated Cost of Attendance (COA)

Your financial aid eligibility is determined by taking your Cost of Attendance (COA) for the academic year minus your Expected Family Contribution (EFC) – results of filing the FAFSA.  Your COA is comprised of your direct, billed costs for tuition and fees and if applicable, room and board.  Additionally, you incur related education expenses for which you are not billed such as books and supplies, transportation costs, etc.  The combination of your direct and indirect costs equal your cost of attendance.  You may request that your total COA be increased based upon certain types of expenses you have.  You will be asked to provide documentation of your expenses before your total COA can be increased.  If you have expenses that you would like added to your cost, please contact our office to determine if they are allowed and what supporting documentation will need to be submitted.

Direct costs appear on a student’s bill, while indirect costs vary according to individual needs and program of study.

INDIRECT COSTS (average)
INDIRECT COSTS
Books and Supplies$750
Miscellaneous$1,500
Transportation $750
Room & Board Allowance $12,600
Average Loan Fees$219
TOTAL ESTIMATED INDIRECT COSTS $15,819

We encourage you to contact Student Financial Services if you need assistance or have questions about tuition and financial aid.

Email: finaid@mountida.edu
Phone: (617) 928-4785