Prepare and Plan to Meet Educational Costs
The financing of professional and graduate education in the United States is viewed primarily as the responsibility of the student. There are very few federal or state grant and scholarship programs designed for graduate students. There are a number of things, however, that prospective graduate students can do to help themselves prepare financially to meet their educational costs. These include:
- Reduce consumer debt. The financial aid budget does not provide sufficient funds for students to carry substantial consumer debt. If you have credit card debt or other consumer obligations, you will be much better off financially if you eliminate or reduce these obligations before you begin at Bastyr.
- Have some funding set aside for emergencies, if at all possible. If you have savings, work with the financial aid advising staff to determine how best to plan for the use of your funds in conjunction with available financial aid.
- Consider the relationship between enrollment pattern and available aid. Many students choose to attend four quarters per year and, in the ND program, may opt to spread their education across five years. Students are eligible for new loans every three academic quarters. Naturopathic medicine students must consider that their Stafford borrowing lifetime maximum is capped at $224,000. When this limit is reached, the only federal aid available is the Graduate PLUS Loan. It is the student's responsibility to look at their program's length and keep track of how much has been borrowed. Other graduate programs have an aggregate maximum of $138,000 for Stafford Loans.
- The Federal Government has a website to assist students in managing their money, mymoney.gov. You can also get a "My Money" tool kit that has helpful tips on savings, investing and protecting your money.
- Check out our Outside Scholarship Search brochure to help identify possible outside scholarships that you may qualify to receive. Also check out our Online Resources page for good scholarship search websites.
Funding a Graduate Education
Financial Aid Checklist
- Complete the FAFSA online at fafsa.ed.gov.
- Complete the Bastyr Financial Aid Application
- Award Letter Received
To request the status of your application, or for questions, please contact us.
Other Online Resources for Financial Aid Information
- www.washboard.org: Lists scholarship opportunities for Washington state students.
- www.scholarship-positions.com: Lists various scholarships specifically for international students.
- www.fastweb.com: Free scholarship search site for undergraduate and graduate students.
General Financial Aid Information
- finaid.org: This has a lot of general information about federal financial aid. There are also useful calculators to plan paying for college and repaying your loans.
- students.gov: Access America for students is the student gateway to the U.S. government. This site includes a multitude of financial aid resources and links, including scholarships and grants.
Financial Planning Information
- AIE.org: This website information on planning for college, paying for college and managing your money. It also has Spanish-language content.
- cashcourse.org: This is a free student financial planning website.
Consumer Protection Information
- Avoid consultant and scholarship scams
- Avoid deception when applying for loans
- Identity theft information
- Identity theft and student aid
Loan Forgiveness and Repayment Options
Loans & Scholarships for Graduate Students
Unsubsidized Federal Direct Loan
Students do not need to qualify for need-based assistance to receive this loan, and the interest accrues while students are enrolled in school. Students can choose to let the interest capitalize, or they can make interest-only payments while they are in school. ND students may qualify for up to $40,500 per academic year. All other graduate students may qualify for up to $20,500. The aggregate loan limit for all graduate programs other than ND is $138,500. The ND aggregate is $224,000. Interest rates on Stafford loans are set each July 1st. A list of current interest rates can be found at www.studentloans.gov.
Federal Perkins Student Loan
The Federal Perkins Loan is a need-based, low-interest loan available to students who have exceptionally high financial need. No interest accrues while the student is enrolled in school and there is a nine-month grace period before payment begins. The interest rate is 5 percent.
Federal Direct Graduate PLUS Loans
Graduate PLUS Loans are part of the Federal Direct student loan program. Graduate PLUS Loans offer convenient terms such as the ability to defer payments when you are enrolled in school at least half time. Interest rates on PLUS loans are set each July 1st. A list of current interest rates can be found at www.studentloans.gov. You may borrow up to the cost of education minus any other financial aid you receive. There are no annual or aggregate borrowing limits set by the federal government. There is a credit check requirement for the Graduate PLUS loan.
Private Student LoansMost private loans are restricted to U.S. citizens and international students with a U.S. co-signer.
Private educational loans are also available for students who wish to receive additional resources to cover the gap in funding or to replace federal loans. It is the responsibility of the student to seek out a lender and apply for a private student loan. Private loans require a credit check and may require a co-signer. We encourage students to pay attention to interest rates, fees and repayment terms as these may be different than federal student loans. More information about private student loans can be found at https://choice.fastproducts.org/FastChoice/home/2242500/1. Please Note: ND students do not typically qualify for private loans as their costs are generally covered by the extended Federal Direct loan lending of up to $40,500 per academic year and Graduate PLUS loans if needed.
The University's work-study program has a wide variety of jobs available, on campus and off, that provide learning and earning opportunities that help students meet their living costs. There is also a small international student work-study program.
For more information, contact Rhonda Austin, Work Study Coordinator, at (425) 602-3081 or raustin[at]bastyr[dot]edu.
Students should inquire into possible financial aid programs sponsored by fraternal organizations, clubs, etc., in their home area. Alaska residents should ask about the Alaska Student Loan Program. Canadian citizens can borrow under both the Canadian federal and provincial loan programs.
Bastyr University Scholarships for all incoming graduate and professional students are one-time awards, based on prior academic achievement and financial need, designed to bridge the cost-resource gap. Students do not need to submit an application to be considered. The awards range from $1,500 - $6,000, which are credited to the recipient's student account during the first three quarters and can be used for any school-related expense, including, but not limited to, tuition, fees, books, supplies, room and board, transportation and utilities.
To see an estimate of school-related expenses, see our Cost of Attendance.
Licensed Massage Therapists Scholarship
Licensed Massage Therapists enrolling in either the ND or MSAOM program may apply to the LMT scholarship. This $1,500 scholarship is renewable based on academic performance. All applicants must meet the normal academic requirements for the degree program and provide proof of graduation from a massage school accredited by the Commission on Massage Training Accreditation. This scholarship can be renewed through the annual scholarship process.
The AmeriCorps Scholarship is awarded to qualified AmeriCorps alumni in recognition of academic potential in the field of Natural Health. This scholarship will provide $1,500 towards your Cost of Attendance for any AmeriCorps student who is admitted to Bastyr University through the regular admissions process. This scholarship is not renewable. Documentation of Americorp service will be requested.
More scholarships are available to Bastyr graduate and professional students after their first year.
Bastyr University works with veterans to access their Veterans Education Benefits. The Department of Veterans Affairs website provides information about all VA Educational Benefits Programs. You may also contact Michael Hall, Assistant Registrar, in the Office of the Registrar at mhall[at]bastyr[dot]edu to inquire about benefits specific to programs offered at Bastyr.
Tuition for Master's & Doctoral Degrees
Average first-year costs for a typical credit load in the 2014-2015 academic year.The first year is considered fall, winter and spring quarters.
Average CreditsFirst year.
Tuition & FeesFees include a $25 quarterly student activity fee. See the University Catalog for a full schedule of fees.
Books & Supplies
TotalThe budget used to determine financial-aid eligibility allows for an additional $21,600 for a 9-month period of living expenses.
|Doctor of Naturopathic Medicine||78.5||$32,810||$6,425||$39,235|
|Master of Science in Acupuncture & Oriental Medicine||68||
|Master of Science in Acupuncture||66||$28,014||$3,300||$31,860|
|Combined BS/MS in Acupuncture and Oriental Medicine||68||$27,075||$3,000||$30,075|
|Master of Science in Nutrition (all tracks)Average first-year credit loads for nutrition master programs vary: Didactic Program in Dietetics (40 credits), Research (44), Nutrition and Clinical Health Psychology (47).||44||
|Master of Science in Midwifery $3,000 in extra transportation costs are automatically added for out-of-state students. Midwifery students living in Washington will be reviewed on a case-by-case basis for this addition.||42.5||$23,510||$2,125||$25,660|
|Master of Arts in Maternal-Child Health*||45||$29,275||$1,200||$30,475|
|Master of Public Health*||43.5||$27,638||$2,200||$29,838|
|Master of Arts in Counseling Psychology||36||$23,355||$1,800||$25,155|
See also Financial Aid at Bastyr
PLEASE NOTE: For financial aid purposes, cost of attendance includes costs above plus $21,600 per nine months to cover room & board, transportation, and miscellaneous expenses.
*Tuition rates for the Master of Science in Maternal-Child Health and Master of Public Health are estimates based on the current tuition costs.