Financial aid for online students
Financial Aid can be an important part of paying for your education. Nearly everyone is eligible to receive some form of aid, whether you have financial need or not, and Multnomah Financial Aid is here to assist you achieve your goals.
The information provided here pertains to undergraduate and graduate students enrolling in Multnomah University’s online courses for the first time in Fall 2018 or Spring 2019.
Priority consideration is given to students who are admitted and have a valid FAFSA on file by August 1.
Federal financial aid
|Type of Aid||Amount||Intended For||Details||Deadline|
|Federal Pell Grant||Up to $5,920||Undergraduate students with high need according to FAFSA||FAFSA required to determine Pell eligibility. Complete the financial aid process as soon as possible.||ASAP|
|Stafford Loans - Subsidized||Up to $5,500||Undergraduate students enrolled at least half-time; restrictions apply||FAFSA required. No interest while enrolled at least half-time; based on need according to FAFSA.||ASAP|
|Stafford Loans - Unsubsidized||Up to $2,000||Undergraduate students enrolled at least half-time||FAFSA required. Accrues interest at rate of 4.45%.||ASAP|
|Stafford Loans - Additional Unsubsidized||Up to $5,000||Undergraduate students who are enrolled at least half-time; must be independent, or a dependent with parent denied PLUS||FAFSA required. Accrues interest at rate of 4.45%.||ASAP|
|Parent PLUS Loans||Varies||Undergraduate dependent student whose parent is approved by a basic credit check||FAFSA and Parent PLUS Loan Application required. Amount varies based on credit; accrues interest at rate of 7.0%; loan is taken by parent.||ASAP|
|Stafford Loans -Unsubsidized||Up to $20,500||Graduate students enrolled at least half-time||FAFSA required. Accrues interest at rate of 6%.||ASAP|
|Veterans' Benefits||Varies||Veterans of the U.S. Armed Forces||Contact Financial Aid to coordinate funds.||ASAP|
2018-19 online tuition rates