Mount Ida College provides financial assistance through loans and payment plans to help students meet their educational goals. To be considered for financial aid, students must complete the Free Application for Federal Student Aid (FAFSA) by visiting the Mount Ida college website at www.mountida.edu and clicking the Financial Aid tab. Mount Ida College’s federal school code is 002193. Students who wish to apply for financial aid must be admitted to the graduate degree program before their financial aid application will be considered.
Subsidized Stafford Loan: Students who demonstrate financial need according to federal regulations are eligible to borrow through the Subsidized Loan Program. With the subsidized loan, the federal government pays the interest while the student is in school. Therefore, no payments are required while the student is enrolled in school (at least part-time, minimum 6 credits) and no interest on the loan will accrue.
Unsubsidized Stafford Loan: Students who do not qualify for a Subsidized Stafford Loan may be awarded an Unsubsidized Federal Stafford Loan. With the Unsubsidized Stafford Loan, the federal government does not pay the interest while the student is in school. Therefore, interest does accrue and must be paid or capitalized.
For information regarding other financial options, please visit www.mountida.edu and click on the Financial Aid tab or contact our office at firstname.lastname@example.org.
Tuition, Other Expenses and Related Policies
Tuition: $595.00 per credit hour
Students in the Interior Architecture concentration are required to have a laptop computer and should contact the Interior Design department for details on recommended software packages.
Payments in person can be made at the Bursar’s Office in Holbrook Hall during regularly scheduled office hours. Payments by mail should be sent to the Office of the Bursar, Mount Ida College, 777 Dedham Street, Newton, MA 02459.
Tuition Refund Policy
Full refunds will be made only if a course is canceled or if a student drops a course before the course begins. Students who withdraw from a course after it has started will receive a partial refund according to the following schedule:
16-Week Semester Course: Students who officially withdraw after the first week of class receive a 75% tuition refund; by the third week of class a 50% tuition refund is granted. Any students withdrawing from the class after the third week will receive no refund.
8-Week Semester Course:
- Any student who officially withdraws from the class before the 10th calendar day after the start of class is eligible to receive 75% of tuition and fees, excluding the non-refundable deposit.
- Any student who officially withdraws from the class/classes between the 11th and 15th calendar day after the start of class is eligible to receive 50% of tuition and fees, excluding the non-refundable deposit.
- Any student who officially withdraws from the class/classes after the 15th calendar day after the start of class will receive no reduction in tuition and fees.