Scholarships, Grants and Loans
for Graduate Students
Please Note: Tuition and fees for the coming year are typically set by the Board of Trustees in January. Once finalized, tuition costs are posted here.
Physical Therapy, Physician Assistant, Genetic Counseling, International Peace & Conflict Resolution and Forensic Science
All Other Graduate Programs (not listed above)
- Graduate Students interested in Physician Assistant, Genetic Counseling, M.B.A., Ed.D. in Special Ed, Ed.D. in Leadership, or all other part-time graduate program students whose last name begins A-J should contact Michael Nuccio (215-572-4034), email@example.com.
- Graduate Students interested in Physical Therapy, IPCR, Forensic Science, or all other part-time graduate program students whose last name begins with K-Z should contact Wendy McLaughlin (267-620-4829); McLaughW@arcadia.edu.
Obama administration officials announced two initiatives aimed at lowering monthly student loan payments for borrowers struggling to repay their loans. Under the Obama Administration’s plan:
- Students with both Federal Family Education Loans (FFEL) and Direct Loans will be offered an incentive to participate in a special consolidation into the Direct Loan program. Check out: (http://www.loanconsolidation.ed.gov) for more info.
- More generous income-based repayment (IBR) terms will be fast-tracked to become effective in 2012 instead of 2014
In 2010, Congress passed changes to the IBR program to limit monthly payments to 10% of discretionary income (down from the current 15%) and forgiving remaining debt after 20 years (down from the current 25 years). The Obama administration hopes to implement these changes, deemed the "Pay As You Earn" plan, two years ahead of schedule, beginning in 2012.
Borrowers with Older Variable-Rate Loans: Rate Changes
All unconsolidated Stafford and Parent PLUS loans borrowed before July 1, 2006 have variable interest rates that reset each year. Borrowers with these older loans can consolidate them to lock in a low fixed rate in 2012-13. However, borrowers should be cautious about combining Stafford and Parent PLUS loans. Consolidation loans that include Parent PLUS loans (as well as individual Parent PLUS loans) are not eligible for Income-Based Repayment (IBR).
For 2012-13, the variable rate for Stafford loans issued between July 1, 1998 and June 30, 2006 is 2.39% during repayment and 1.79% during in-school, grace, or deferment periods. Any borrower with these loans can consolidate at a fixed rate of 2.50% during 2012-13. If 2012 graduates have these older loans, they can consolidate during their six-month grace period to lock in an even lower rate of 1.88%.
When consolidating multiple loans, the new fixed rate will be a weighted average of the rates of the consolidated loans, rounded to the nearest eighth of a percentage point. New consolidation loans are made through the Direct Loan program, and only Direct loans qualify for Public Service Loan Forgiveness.
Links to More Information
Not sure what kind of loan you have or whether you've already consolidated? Check the National Student Loan Data System to be sure. If you can't remember your PIN number, you can get a new one.
If you have questions about federal student loans, contact the Federal Student Aid Information Center toll free at 1-800-4-FED-AID.