• View Current Graduate Tuition Costs

The Financial Aid Process for Graduate Students

1. Complete the Free Application for Federal Student Aid (FAFSA) at https://fafsa.ed.gov/ .

2. Respond to any correspondence (email) you receive from the Student Financial Services Office.

3. Check your Geneva email regularly for your award notification.

4. Determine what type of aid you will be using and how much loan money you will need. (See details below.)

5. For those students using Direct Loans for the first time, complete Direct Loan Entrance Counseling and a Master Promissory Note by logging into https://studentloans.gov. We will automatically receive notification when it has been completed.

Types of aid available:

Federal Direct Unsubsidized Loans

• Must file a FAFSA (https://fafsa.ed.gov/)
• Must be enrolled at least half-time each semester
• Interest accumulates at 6% while in school and until the loan is repaid (for 17-18 year)
• Maximum amount available per year: $20,500
• The cost of borrowing is less if you make interest payments while in school (not required)
• Repayment begins 6 months after enrolled less than half-time or graduated

Federal Graduate PLUS Loans

• Used to supplement Direct Unsubsidized Loans if additional loan money is needed
• Borrower is a student in a graduate program
• Can be discharged in the event of death or disability
• Student must pass a credit check
• Can borrow up to the cost of education less any other aid received
• 7% fixed interest rate (for 17-18 award year)
• Federally mandated 4.264% fee subtracted upon disbursement (for 17-18 award year)
• Automatic deferment for Grad PLUS borrower while enrolled
• Can be consolidated at fixed rate with other federal loans
• To apply, log into https://studentloans.gov . We will be notified of the credit decision within 1-3 business days and will notify you by email once the loan has been added to the account. 

Private Educational Loans

• For those students with good credit, a private educational loan may be another good option. 
• Please visit www.geneva.edu/privateloans for more information.
• Be sure to apply several weeks in advance to allow for ample processing time.

Assistantships

If you have been granted an assistantship through your program, they will notify us of the amount. If we become aware of the assistantship after your loans have been awarded, your loans may need to be adjusted and you will be notified of any changes by email.

Payment Plans

Payment Plans are available for graduate students in Leadership Studies, Cybersecurity and Counseling. Students can enroll for a plan each semester through their Nelnet account after registering and receiving their ebill notification. 

Employer Reimbursement

Students with employer reimbursement are required to pay their bill up front and then be reimbursed by their employer at a later date. An exception is made for students in the MBA and Cybersecurity Programs who can complete a reimbursement agreement with the Student Financial Services Office to pay 30% in advance of the semester and then the remaining balance according to the terms of the agreement. Please discuss these details with the Student Financial Services Office in advance if you have any questions.

Veterans Benefits

Veterans Benefits are available for most Geneva College programs. Please view the information on our Veterans Service Center webpage for complete details: https://www.geneva.edu/student-financial-services/aid-types/veterans/.

Frequently Asked Questions

When can I expect my refund?
Once your loan money comes in and covers the charges on your student account, you should receive a refund check or direct deposit (if you have signed up through your Nelnet account) within approximately 2 weeks. It is important to make sure you have completed all necessary paperwork, and that you are aware of the loan disbursement dates. Please keep this in mind when calculating the amount and approximate date of your refund.  If you have questions regarding your refund, please contact the Student Financial Services Office at 724.847.6530.

Can I check my student account online?
Yes! Go to my.geneva.edu. 

My loan hasn't come in. What should I do?
Did you…

• Accept your awards through MyGenevaAid?
• Complete all requested documents?
• Complete Direct Loan Entrance Counseling?
• Sign a Direct Loan Master Promissory Note?

If you have done all these and still need assistance, please contact our office at 724-847-6530.

Helpful Links

www.bestplaces.net/col/

Provides a helpful cost of living calculator so that you can estimate living expenses when moving to Beaver Falls.

www.youcandealwithit.com

“The real story on money, student loans, and life.” An excellent resource for college students and recent grads!

https://nslds.ed.gov

Sign in with your FSA ID to keep track of the details of all of your federal student loans.