Elmhurst College recommends that prospective students begin to plan early for financing their graduate education as there is limited scholarship and grant aid available based on prior academic achievement and financial need. Graduate students may also apply for federal student loans to cover the cost of their graduate study. Additionally, because many employers offer tuition reimbursement programs, students should also consult their human resources department regarding their company’s tuition benefits. To apply for student loans and to demonstrate need, graduate students applying for admission should complete the Free Application for Federal Student Aid (FAFSA) online at www.fafsa.gov.
The Dean's Graduate Fellowships
Students offered admission to the following master’s degree programs will be considered for the Dean's Graduate Fellowship by their program director: Computer Information Systems, Industrial/Organizational Psychology, Early Childhood Special Education and Teacher Leadership. Selection will be based on the application materials submitted. Completed applications must be received by March 1 to be considered.
The SPS Graduate Fellowships
Students offered admission to the following master’s degree programs will be considered for the SPS Graduate Fellowship by their program director: Applied Geospatial Sciences, Data Science, Industrial/Organizational Psychology, MBA, Nursing, Public Health, Project Management and Supply Chain Management. Selection will be based on the application materials submitted. Requirements vary by program. Completed applications must be received by March 1 to be considered.
The Elmhurst Graduate Award
The Elmhurst Graduate Award is a small, need-based award. Eligibility is determined by the Office of Financial Aid based on the information received from the student's FAFSA. These awards are limited and granted to students demonstrating high financial need.
Thaskala Graduate Award
Available for graduate students in the Teacher Leadership program who have completed 30 hours of graduate work at Elmhurst College and graduates of Elmhurst’s Early Childhood Special Education program who plan to earn the ESL endorsement on their professional educator license at Elmhurst College. Applicants must have a graduate GPA of 3.50 or higher on a 4.00 scale.
Departmental Graduate Scholarships
Some academic departments offer additional scholarships for graduate students, such as the scholarships listed below. Please contact the program director to determine whether additional scholarship opportunities are available.
Available for graduate students who have been admitted to the Master of Science in Communication Sciences and Disorders program who have completed all prerequisite SLP requirements, including ASHA sciences, and who are involved with NSSLHA or show leadership potential. Applicants must have an undergraduate GPA of 3.50 or higher on a 4.00 scale and a minimum GRE score of 310 with a writing score of 4 or higher. Completed applications must be received by February 1 to be considered. Fellowship is renewable for a second year depending on academic progress. For more information, contact the Communication Sciences and Disorders Department.
This scholarship is offered to one graduate student enrolled in the Master of Market Research and one graduate student enrolled in the Master of Business Administration with a specialization in Market Research. Applicants must have a graduate GPA of 3.50 or higher on a 4.00 scale and be pursuing a career in market research. Students must also submit an essay. Completed applications must be received by August 1 to be considered. For more information, contact Sherry Smoak at firstname.lastname@example.org.
Some Things to Keep in Mind
Non-degree seeking students are not eligible for Elmhurst College scholarships.
The School for Professional Studies makes the scholarship decision at the time of admission based on the credentials and supporting materials you submit when you apply.
To renew a scholarship, GPA requirements represent a cumulative Elmhurst College GPA.
Graduate students may receive aid and scholarships during the Fall and Spring terms only. If your program begins in the Summer term, limited aid may be available.
How to Apply for Financial Aid
To apply for a federal student loan, students must complete the Free Application for Federal Student Aid (FAFSA). It is recommended that the FAFSA be completed online at www.fafsa.gov within two weeks of submitting an application for admission. The FAFSA can be filed beginning January 1. The Elmhurst College code (001676) must be entered on the FAFSA. Students interested in loans may be required to complete additional steps. All forms and information about financial aid, including grants and loans, are on the College’s website at www.elmhurst.edu/finaid or you may contact the Office of Student Financial Services at (630) 617-3015.
The Office of Financial Aid sends award notices to students after they are admitted to a degree program and have filed the FAFSA. Award notices are sent to new students beginning in March. After April 1, returning graduate students will receive an email notifying them that their award notice is available online at My Elmhurst Campus Portal. The awarding process continues through the summer, as the College admits applicants and determines their aid eligibility. In general, graduate students are awarded Federal Direct Loans, with a very limited number of institutional grants and scholarships.
The files of about 35 percent of students who file a Free Application for Federal Student Aid are randomly selected for verification by the U. S. Department of Education. If your file is selected, you will be required to supply Elmhurst College with the documentation necessary to verify the information submitted on the FAFSA. Students selected for verification will be notified by mail or email. No federal financial aid can be credited to the student's account until verification is complete.
To Apply for a Loan
To apply for Federal Direct Loans, complete the Free Application for Federal Student Aid (FAFSA) and return your award notice accepting your loans, or accept/reject your loans on BlueNet. Students must be enrolled in at least six (6) credit hours to be eligible to borrow Federal Direct Loans.
Federal Direct Loans
There are two types—unsubsidized and Grad PLUS. A student must be enrolled at least half-time (six hours per term) to be eligible for federal student loans.
Alternative, or private, loans are offered by private lenders to assist with educational and living expenses not covered by other financial aid. It is important that you carefully review your expenses before deciding if you need to borrow. Be sure to consider first that you may qualify for loans or other assistance under federal programs. Alternative loans are generally more expensive than the federal student loans and therefore should not be considered until after you have exhausted all federal loan options. Most of these alternative loans must be certified by the Financial Aid Office. All of these loans must be considered part of your financial aid package. Alternative loans are credit based, often require co-signers, and cannot be consolidated with your federal student loans. The terms and conditions of federal loans may be more favorable that the provisions of alternative loans.
Elmhurst College has open relationships with many lenders and service agencies across the country. Because we want to emphasize how important it is for the student to choose a lender, we do not state any preferences for any lender over another and hence do not have a preferred lender list. Research and shopping around for the best loan is a good idea. Taking advantage of established relationships with lending institutions and the Internet are two good places to start. For more information, please contact the Office of Student Financial Services at (630) 617-3435.
Tuition Payment Plan
The College offers a number of payment plans for its students. For more information, contact the Office of Student Financial Services at (630) 617-3015.
Employer-Supported Tuition Programs
Tuition Reimbursement Plans
Some employers reimburse employees for tuition costs at the end of the term. To participate in a tuition reimbursement plan, students must submit an approval letter from their employer to the Office of Student Financial Services for each term of registration. Students on a tuition reimbursement plan are given six weeks after final grades are posted to make payment to Elmhurst College. Note: A fee per term may be assessed to participate in the reimbursement program.
Outside or Direct Billing
When your employer or other agency authorizes a billing under its tuition benefit plan and will pay tuition directly to Elmhurst College, service charges relating to the payment will be waived or removed provided the payment is received within six weeks after the end of the term. Under such plans, payment of the charges cannot be dependent upon grades or course completion.
Graduate Terms and Conditions
Changes in a Student's Status
A student must be enrolled at least half time to borrow Federal Direct Loans. If a student withdraws from one or more courses, financial aid is adjusted according to institutional and federal guidelines.
Satisfactory Academic Progress