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FLEXIBLE FINANCING
Available to all students.
Monthly Payment Plans
All Stevens students are eligible to enroll in the monthly payment plans administered by Tuition Management Systems (TMS). The plans
cover all billable expenses, including tuition and fees. The plan is interest free, and a small fee is required for program participation ($80 per year or $50 per semester). The amount due for the year or semester is divided into monthly payments and must be paid in full by the end of the academic year or semester.
Deferred Payment Plan
Stevens offers a deferred payment plan that allows you to pay your tuition and fees in two installments. There is a $65 fee for this plan. The first payment is due at the beginning of the semester, and the second is due November 1 (fall semester) or March 1 (spring semester).
Credit Cards
Stevens accepts payment by credit card, including MasterCard, American Express and Discover
Corporate Tuition Options
In many cases, companies offer tuition reimbursement or other methods of subsidizing their employees' education. Students are encouraged to check with their employers to determine whether these options are available to them.
- Corporate Tuition Reimbursement Plan
Some employers have tuition reimbursement plans for which their employees may be eligible. Students pay their tuition at the beginning of the semester, and receive reimbursements from their employer after the semester’s grades are received. Students expecting company reimbursements may participate in private funding sources, as
well as the TMS monthly payment plan, or deferred payment plan.
- Corporate Extended Payment Plan
A Corporate Extended Payment Plan is available to students whose companies offer tuition reimbursement. To enroll, students should complete the Stevens Corporate Extended Payment Plan Form, provide a letter of support from their company stating its willingness to reimburse upon receipt of semester grades, and a $100 fee. Full payment is expected prior to the beginning of the next semester of study or graduation.
Forms are available at www.stevens.edu/registrar/forms/ExtendedPaymentPlan.pdf.
- Corporate Sponsored Tuition
AT&T, ITT, Unilever Bestfoods, Verizon, and Verizon Wireless already participate in this third-party payment plan, in which students may arrange to have their company pay their tuition directly to Stevens. We welcome additional companies to set up Corporate Sponsored Tuition, and encourage students to check with their employers and human resources departments to see if this arrangement is an option.
OTHER USEFUL WEBSITES
FEDERAL FUNDING SOURCES
Available to graduate students taking at least six credits per semester.
Federal Direct Student Loans
Direct Loans are available to matriculated students who are US Citizens or Permanent Resident Aliens and taking at least six credits per semester. In order to determine whether you qualify for a Direct Loan, you must submit a Free Application for Federal Student Aid (FAFSA), available online at www.fafsa.ed.gov. Applicants must use school code 002639 to identify Stevens. Upon receipt of the information, the Office of Financial Aid will determine your eligibility and notify you in writing.
Federal Work Study
A number of full-time or half-time domestic graduate students may also be offered part time employment under the auspices of the Federal Work Study Program. This is a need based Federal aid program that pays students an hourly wage for a variety of technical and/or clerical positions in offices and departments within the Stevens campus.
A complete guide to all Federal funding for education is available online at http://studentaid.ed.gov/students/publications/student_guide/index.html
PRIVATE FUNDING SOURCES
Available to all graduate students, including international students. Loans from private sources are available to meet all or most of your costs. These alternative loans are not based on financial need, but in most cases a credit check is completed by the lender to determine eligibility. For international students, in some cases a co-signer who must be a U.S. citizen is required. Most applications are available online. Options include:
ASSISTANTSHIPS
Available to full-time graduate students.
Assistantships are available to full-time graduate students, and are granted for teaching and/or research. Assistantships are a wonderful opportunity to pay for your education while gaining experience, as they typically cover tuition and include a stipend. Assistantships are awarded competitively by academic departments. Applying for an Assistantship position early can help improve your chances of receiving an award.
Stevens offers Teaching Assistantships and Research Assistantships. Teaching Assistants assist department professors with undergraduate and graduate classes, labs, recitation sessions, and grading homework. Research Assistants assist a faculty member or group of faculty members in performing research related to their field of study.
To be considered for a Teaching or Research Assistantship by an academic department, applicants should submit the following items to the Office of Graduate Admissions:
Stevens also has a number of Graduate Assistantships. These positions are within various
administrative offices throughout campus. Students interested in becoming a Graduate
Assistant seek out these positions once they arrive on campus to begin their academic
programs.
Other useful Websites
Stevens Sites
Federal Aid Sites
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