Turn a Cost into an Investment
The college education you pay for now will pay off over and over again during your lifetime. Think of your tuition cost as a career investment.
Of course, that still doesn't change the fact that college can be expensive. DeVry recognizes the increasing costs and strives to make higher education accessible and affordable by doing the following:
- Working closely with students and parents to find as many financial aid options as possible, including scholarships, grants, loans, tuition reimbursement and more
- Offering more than $25 million in annual scholarship awards
- Reducing tuition costs for fulltime students
Understanding Tuition Rates:
College
tuition and fees can be as confusing as your telephone bill.
Colleges charge by the credit hour, by ranges of credit hours, by
status or by flat rate. In some cases, colleges have variable
rates, depending on the number of credit hours you take. Even after
you figure this out, you still may not have a rate you can compare
with the rates at other colleges. That's because some colleges
charge on a semester hour basis and some charge on a quarter hour
basis, while others use such definitions as "non-term" hours,
clock-hours or credits. This is why it's very important to get all
the details: so you can make an accurate side-by-side comparison of
all your college options. Fee structures also vary widely from
college to college and are often ignored in calculating your total
cost. You'll want to ask each college you are looking at what fees
are assessed and how they are determined. In most cases, colleges
use fees to more fairly apportion costs that are discretionary and
associated with particular courses, programs or enrollment
status.
How DeVry Measures Up:
Tuition and fees at DeVry are fairly simple. Tuition is charged on a per credit hour basis, with two different rates. Within each semester, hours 1-11 are charged at one credit hour rate of $550 for most programs; hours 12 and above are charged at a lower rate of $330 for most programs. And effective in July 2009, the fee structure will be simplified.
As for additional expenses, DeVry has:
- Student Services charge - A $20 per session charge covers the cost of miscellaneous fees, software and other technology provided to all students
- Textbooks, Supplies and Specialized Equipment - Site-Based Students: Costs for textbooks and supplies vary by program and typically range from $340 to $970 per semester for full-time students.
- Textbooks, Supplies and Specialized Equipment - Online Students: Costs for textbooks, supplies and any required specialized equipment vary by program and typically range from $220 to $540 per semester for full-time students.
In addition, in the U.S., a $50 application fee and $50 tuition deposit are required.
Financial Aid
DeVry
offers millions of dollars in scholarships every year to help DeVry
students subsidize their education. In addition, tens of thousands
of outside scholarships, based on financial need, academic
achievement, interests and special needs and criteria, are
available to students. Millions of scholarship dollars go unclaimed
every year. You could qualify!
Want to apply for grants? We'll point you in the right direction.
Considering a loan to help bridge the gap? We'll help you find a
lender and get the process started. Need more funding? We'll show
you where to look for additional sources. At DeVry we'll help you
uncover every avenue for funding in order to make your education as
affordable as possible.
DeVry University Scholarships
Ready to graduate from high school? Thinking about transferring from community college? Or are you an adult student looking for financing options? DeVry University offers numerous scholarships based on educational status and other criteria. In fact, in 2008, DeVry University has awarded more than $25 million through its scholarship program. Check out all of the DeVry University Scholarships to see if you qualify.
Outside Scholarships
In addition to institutional scholarships and grants, DeVry assists students by providing a list of private or outside scholarship opportunities. Visit the website associated with each scholarship for information on eligibility and applying.
Grants
Typically awarded based on financial information provided on your Free Application for Federal Student Aid (FAFSA), grants are available to students from federal, military and DeVry University sources. Similar to scholarships, grants are financial gifts that do not have to be paid back.
Loans
For many students and parents, loans represent an important resource to help finance educational expenses. Whether federally or privately funded, loans can help fill the gap between need-based financial aid eligibility and total educational costs. In nearly every case, repayment of a loan begins after you graduate or leave DeVry. There are hundreds of lenders participating in the Federal Stafford and PLUS programs, which provide money to students through the Federal Family Education Loan Program (FFELP). Students may choose to work with a particular lender for many different reasons, including previous experience, other financial relationships, combined servicing with other loans, better terms, or the recommendation of friends or the University. DeVry works with hundreds of lenders each year and will honor a student's request to use the lender of their choice and will process all qualified applications without bias.
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At
DeVry Sherman Oaks, we help you secure all the financing you
need.
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