Students enrolled in the Mount’s Continuing Studies programs may seek assistance through federal and state-funded programs. To qualify for financial aid, students must be enrolled on at least a half-time basis, i.e., at least six credits per traditional semester (i.e. fall, spring, etc). Most financial aid will be in the form of deferred student loans, though some students may be eligible to receive federal and/or state grants. Those receiving financial aid should be aware of the academic policies governing continued participation in financial aid programs, stated below. Students are also encouraged to check with employers regarding the availability of employer-sponsored tuition assistance programs.
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 preregistering for all courses they intend to take in the semester’s modules.
For specific information on applying for financial aid, please see our website at www.msmary.edu/depafinancialaid or call 301-447-5207.
Veterans Benefits
Veterans who are eligible to receive educational benefits should contact the University Registrar, who serves as the veterans certifying official. For more information, call 301-447-5215.
Satisfactory Academic Progress as it Relates to Availability of Financial Aid
Financial aid is available to students to assist in the timely attainment of academic goals. No financial aid will be available seven years after the first semester of continuous enrollment.
After completion of at least 12 credits at Mount St. Mary’s, students receiving financial aid must maintain a cumulative 2.0 GPA. Students with less than 2.0 GPA will be placed on probationary status for one semester. Students on probation will be informed that financial aid will not be available should the GPA not rise to or above 2.0 at the end of the current semester. Students who fail to achieve a 2.0 GPA for two consecutive semesters will forfeit further financial aid availability until such achievement is attained.
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