The Master’s College - Prospective Undergrads

Master of Arts Financial Aid

Application Process (Students Receiving Loans)

• 1. Complete a Master of Arts Financial Aid Application.
• 2. Fill out the FAFSA (Free Application for Federal Student Aid) listing The Master's College & Seminary as your preferred school choice (Title IV school code: 001220).
• 3. Submit any additional documents required by the Office of Financial Aid.
• 4. Submit official transcripts to the Registrar's office. Any student receiving graduate level loans must have an undergraduated degree conferred.
• 5. Once your aid is determined, you will be sent an Award Letter.
• 6. Return completed Award Letter to the Financial Aid Office.
• 7. Students receiving loans at The Master's College for the first time will need to choose a lender and complete Entrance Loan Counseling before their loan is finalized.

Types of Aid Available

Loans Students must be enrolled at least 1/2 time (4 units) to receive Stafford loans.

• Subsidized Stafford Loans: A student loan based on need and lending institution requirements and must be repaid
  • Annual Limit: Up to $8,500
  • Interest Rate: 6.8% fixed
  • Repayment: six months after the student drops below 1/2 time or graduates
  • To apply, the applicant must have a completed Free Application for Federal Student Aid (FAFSA).

• Unsubsidized Stafford Loans: A student loan that may exceed demonstrated financial need, but may not exceed the cost of tution, and must be repaid
  • Annual Limit: Up to $12,000
  • Interest Rate: 6.8% fixed
  • Repayment: six months after the student drops below 1/2 time or graduates
  • To apply, the applicant must have a completed Free Application for Federal Student Aid (FAFSA).

Scholarships: (Only available for MABC) All scholarships are administered by the MABC Department. For more information on scholarships, please contact Chris Kropf 661.362.2644 or ckropf@masters.edu.

Downloadable Documents

• Master of Arts Financial Aid Application
• Graduate Satisfactory Academic Progress Policy
• Estimated VA Benefit Form

MABC Tuition Costs and Expenses