Program Costs and Financial Aid - School of Professional Studies
(MGHA, MBIS, MGOL, MPJM, MSBS)
The Student Financial Services (SFS) staff applauds your decision to finish your degree. Our office is responsible for both the financial aid and student accounts functions at George Fox University. Please feel free to contact us if you have any questions about the information below.
2008-09 Academic Year Program Costs
Application fee (nonrefundable, submit with application for admission)
$40.00
General education/elective courses per semester hour, cost includes books (may increase each year)
$330.00
Prior learning assessment fee per semester hour (credits are granted through the assessment process) (students taking MGOL260, Personal and Professional Assessment, pay tuition for the course but do not pay these fees)
$50.00
Tuition per semester hour, cost includes books (may increase each year)
$412.00
Graduation fee
$105.00
Estimated Total Program Cost
Tuition, books and fees (includes estimated yearly increase)
$15,094-$15,328
MGOL260, Personal and Professional Assessment, 3 semester hours (optional)
$990.00
Estimated total cost for the degree* (including books and fees)
$15,094-$16,318
*Estimated total includes tuition, books and fees for major courses as well as, tuition for MGOL260, Personal and Professional Assessment. These would be typical charges for students who transfer in with at least 59 applicable hours. Students who transfer in fewer than 59 hours may choose to earn additional credits through George Fox University, which would increase their overall cost. These numbers include an estimated tuition increase of 3 percent each year.
George Fox University is committed to helping you in your effort to meet college costs. Financial aid options are available to qualifying students.
How to Apply for Financial Aid
Students should complete the Free Application for Federal Student Aid (FAFSA) online. It is no longer available in a paper format. The FAFSA on the Web is available at http://www.fafsa.ed.gov. Completion of this form determines your financial need and allows our office to award many forms of financial aid. You will need to know George Fox University's Title IV school code. It is 003194.
Although the FAFSA is online, Student Financial Services staff will be happy to assist you in the process and answer questions you may have about it.
Call 800-765-4369, extension 2232, or email us at sfs@georgefox.edu.
Grants
Grant awards are based on financial need, as determined by the FAFSA. Both traditional and adult undergraduate students at George Fox University are eligible to receive Pell, SEOG, and Oregon Opportunity Grant, assuming they meet other eligibility requirements. The amount awarded will depend on the number of hours you are registered for.
Subsidized Stafford Loan
This loan is based on financial need and year in school. Repayment and interest accrual begin six months after you cease attending at least 1/2 time (6 credit hours).
Unsubsidized Stafford Loan
You do not need to demonstrate financial need to be eligible for this program, but there are loan levels based on year in school. Repayment and interest rates are the same as the subsidized loan, but interest begins to accrue at the time of the first disbursement. You have the option to pay the interest while enrolled or have the interest capitalized. Capitalized interest is added to the principal, increasing the amount that interest will be charged for.
Maximizing Your Financial Aid Package
The best way to maximize your financial aid eligibility is by attending two semesters per year. Students who choose to enroll in our 20-month major, taking the summers off, get an added benefit because we can split your award into two semesters instead of three. By doing this, student loans should cover the entire cost of your tuition and fees at George Fox University.
Student Payment Options
Student account specialists will assist you in determining the appropriate plan and payment amount. They will work with you throughout your program. We have plans that accommodate employer or third-party involvement, payment on a semester basis and monthly payment plans. Some plans require a small fee, but as long as you remain current on your commitment, the account balance is interest and penalty free. Enrollment in an initial payment plan is part of the admission process, but your selection can be easily changed as needed.
Employer Tuition Reimbursement
Many businesses offer tuition reimbursement to their employees enrolled in college programs. Contact your human resources office on this employee benefit. If you have questions about how the employer tuition reimbursement option fits into your overall payment strategy at GFU, call us at 800-765-4369, ext. 2295.
Additional Information
Please check the links below for additional information relevant to charges and financial aid at George Fox University
