At Claremont Graduate University, we work hard to make this exceptional graduate experience accessible and affordable. CGU's Financial Aid staff can help you navigate the financial aid process. Our staff makes every effort to provide accurate, efficient, and timely assistance with your financial aid. Below are some financial aid options currently available along with tips for successfully financing your graduate education.
Please use the links below to easily navigate to your areas of interest.
Cost of Attendance/Tuition
These charts and calculators will help you estimate your financial needs while at CGU.
Applying for Financial Aid
You may have already received a CGU Fellowship, but there are several additional resources to assist you with financing your education. It is important to explore the variety of options available to you and it is recommended that you complete the Free Application for Federal Student Aid (FAFSA).
After you have submitted your FAFSA, the Financial Aid Office may request documentation or send you an award notification within two weeks.
Federal Direct Unsubsidized Loan - (6.6% fixed interest as of July 1, 2018) - The Federal Direct Unsubsidized Loan is available to graduate/doctoral students regardless of income. The student is responsible for all accrued interest which begins at the time of disbursement. The federal limit per academic year is $20,500. Complete entrance counseling and the Master Promissory Note (MPN). An origination fee of 1.062% is deducted from the loan proceeds prior to disbursement, which means if you are offered $20,500 in a federal direct loan, you will net approximately $20,282 for the academic year.
Federal Direct Grad PLUS - (7.6% fixed interest as of July 1, 2018) is a credit-based loan that allows students the opportunity to borrow up to their cost of attendance, minus any financial aid received. The loan has an origination fee of 4.248%, which is assessed by the federal government and deducted from the loan proceeds prior to disbursement. A Master Promissory Note (MPN) is required.
You must be enrolled in at least four degree-seeking units OR doctoral studies/continuous registration in order to apply for any type of federal funding and have completed a current FAFSA.
Federal Work Study is designed to provide assistance to students in meeting their educational costs while enrolled at CGU by providing employment opportunities both on and off-campus. Hourly pay rates vary depending upon the individual employer and type of work performed. Receiving a work-study award does not guarantee employment. Awarded students are eligible to interview for available positions. Current listings of open positions are posted in the Office of Student Financing.
The Federal Direct Grad PLUS Loan is a credit based loan that allows students the opportunity to borrow up to their cost of attendance, minus any financial aid received.
The Federal Direct Grad PLUS credit check expires every 180 days so you may be required to complete a new credit check when increasing a Federal Direct Grad PLUS application.
To apply, click here, sign in, and complete the Grad PLUS loan process. Please be sure to complete the Master Promissory Note (MPN) for Federal Direct Grad PLUS.
Private loans are credit-based consumer loans that can be used for education-related expenses. Many students qualify on their own, but you may want to apply with a credit-worthy cosigner to receive better interest rates. International students may qualify for these loans; however, they must have a credit-worthy US citizen or permanent resident co-signer to be considered.
Also visit our page of frequently asked questions about Financial Aid.
Alternative/Private Student Loans:
International students may qualify for these types of loans; however, they must have a credit-worthy US citizen or permanent resident co-borrower in order to be considered.
Program Eligibility Process
Your first step to request a letter of eligibility from your VA representative. Once you receive this letter, submit it to the Registrar's Office and follow these steps:
VA Forms & Applications
If an original application is needed do one of the following:
Eligibility criteria and benefits for veterans vary. Listed below are various education programs or chapters that veterans may be eligible for from the U.S. Department of Veteran Affairs (USDVA).
The My AmeriCorps website provides a one-stop-shop for AmeriCorps State and National, VISTA and NCCC members and alumni - presenting a wealth of information and self-service capabilities, including access to the former AmeriCorps Online Payment System.
As a student at Claremont Graduate University, you may apply your AmeriCorps benefits to your tuition.
What steps should you take in order to access your benefits?
Understanding Your Financial Aid
Financial aid is awarded by term (e.g., Fall, Spring, Summer). You will receive a Financial Aid Notification by email each time an update is made to your financial aid.
The Understanding your Student Financial Account Webinar date has passed. You may listen to the recorded webinar here to learn more information about understanding your student account, where to locate information on your portal, what financial resources are available at CGU,etc.
Managing your Student Loans
A student loan is like any other loan. It needs to be managed properly to avoid penalties. Visit studentloans.gov to manage your loan* - while you're here at CGU and after you leave.
*Your FSA Username and Password are required(same credentials used for FAFSA)
Visit studentloans.gov to:
Manage Your Account
Make a student loan payment
The National Student Loan Data System provides a centralized view of Title IV loans and grants.
Loan Repayment Options
The SmartStudent Guide will provide information on many options for repayment.
Loan Repayment Calculator
The Loan Payment Calculator computes an estimate of the size of your monthly loan payments upon repayment.
Your source for information from the U.S. Department of Education about how to manage your student loans. You may use this to apply once for consolidation regardless of how many federal loan servicers you have.
Loan Entrance/Exit Counseling
Entrance counseling provided by the U.S. Department of Education as required for all first-time borrowers and Exit counseling for information on your loans once you have graduated or dropped below half-time enrollment.
You may use the repayment calculator to determine if you are eligible for an income driven repayment plan once you graduate. The application for any income driven repayment plan is available for your use.