Annual Cost of Attendance for a Single Student
For the 2016-2017 academic year:
Tuition: $40,500.00 (includes room & board) ($1000 of this is non-refundable)
Student Accident Fee: $100 (non-refundable) – may change annually
Facilities Fee: $200 (non-refundable) – may change annually
The school does not allow students to accept employment outside of the school while enrolled.
Overall Cost of Attendance is estimated as follows and may include the following, depending on personal circumstances:
Books & Supplies: $1,000
Computer Expenses: $1,000
Personal Expenses: $4,000
Estimated Total Cost of Attendance for a Single Student: $49,800.00 per year.
Students residing in Family Housing with a spouse/partner should calculate an additional $7,200 per year.
Tuition and other fees are refundable on the following schedule:
Up to matriculation or continuation date: 100%
Within the 90 day Probation Period: 75%
Thereafter Prorata less 10%
Non-refundable fees are:
$1000 year one tuition deposit
$50 application fee
$100 accident insurance fee (may change annually)
$200 activity fee (may change annually)
Grants are funds that may not have to be repaid. Students may qualify for grants provided by their home states or countries – the school is happy to assist with any certification procedures required for such funding.
State Grants – each student is encouraged to seek out state funding in his/her home state.
Loans are borrowed funds that must be repaid with interest. You are automatically considered for federal loan funds by completing your FAFSA.
- Federal Direct Loans
Federal Direct Loans are the most common source of student loan funds made available to students seeking a degree or certificate. Federal Direct Loans must be repaid with interest. Federal Direct Loans offer deferments of principal payments while a student is in school and allow a six-month grace period after leaving school, before repayment begins. Depending on a student’s need as calculated by U.S Department of Education, a Federal Direct Loan may be offered as a subsidized or unsubsidized loan, or as a combination of the two.
- Unsubsidized Stafford Loans
Qualified students, regardless of their income or assets, may take out Unsubsidized Stafford loans. Students must meet all of the same requirements as those for Subsidized loans, except they do not need to demonstrate financial need. With an Unsubsidized Stafford Loan the student is responsible for interest that accrues throughout the life of the loan. A student may elect to defer interest payments while in school; however, this interest will be added to the principal balance of the loan upon repayment. Therefore, we strongly recommend students pay interest on a quarterly basis to keep their loan debt under control. The fixed interest rate for all Unsubsidized loans beginning July 1, 2008 is 6.8%.
- Federal Graduate PLUS Loan
The Graduate PLUS loan is a loan program for graduate students. Borrowers must pass a credit check and may borrow the full “cost of attendance” minus other forms of financial aid received. The interest rate is fixed at 7.9% for loans disbursed after July 1, 2009. (Loans disbursed prior to July 1, 2009 have a fixed interest rate of 8.5%.)
Students may apply for deferments while enrolled.
- Private/Alternative Loans
After you have considered all federal loans, you may also be interested in applying for a private/alternative loan known as an Alternative Educational Loan.
A private/alternative loan is a credit based educational loan. Each individual lender sets terms and conditions, so students should shop wisely for their lender. Students unable to qualify on their own may need to obtain a co-borrower/co-signer. Students may borrow up to their Cost of Attendance budget, less any other financial aid funds and resources received.
For addition details regarding student loans please click here.
Our degree programs are approved for VA benefits.
Interested students should contact the Financial Aid Office about application requirements.
General information on VA benefits can also be obtained directly from the VA website or by calling (888) 442-4551.
School Sponsored Scholarships
Students accepted for entry into the degree programs may be awarded partial scholarships, based upon need and merit as demonstrated by the admissions materials.
Students entering their second or third years of attendance, demonstrating both financial need and merit, are automatically eligible for consideration for partial tuition scholarships. Amounts vary and are directly deducted from tuition. Students must maintain ‘good standing’ status at all times to be eligible.
Some award programs have limited funding, therefore, we encourage our students to apply for financial aid as early as possible prior to their tuition due date. While we will still receive and process financial aid applications after the posted due date, students are expected to pay tuition in full by the tuition due date and any financial aid award accepted will serve as reimbursement.
How Eligibility is Determined
Because some funds are limited, students are encouraged to apply as early as possible each academic year.
The Free Application for Federal Student Aid (FAFSA) allows us to determine eligibility for all federal, state and campus based grant and loan programs available. The purpose of the FAFSA is to collect pertinent information about your household, income and assets. Once the data is collected, it is computed by a congressional formula to determine your Expected Family Contribution (EFC) figure. The EFC represents your family’s financial strength as well as the amount of discretionary income a family should be able to contribute towards education. The EFC, along with a student’s degree program, academic grade level and aid history, are all factored into a formula to determine the types and amounts of aid we offer based on funds availability. We will always offer the maximum possible award for each aid program for which a student may qualify. Because some funds are limited, students are encouraged to apply as early as possible each academic year.
The FAFSA collects data and evaluates your family’s financial strength based on the prior year’s income information. If you have experienced extenuating circumstances (loss of employment, death, divorce, etc.), which will effect your family current income information, please contact the Financial Aid Office. In some cases, a change may result in a lower EFC but may not affect your overall award package. By answering a few questions, we will be able to determine if it would be worthwhile to pursue a petition and advise you of the supporting documentation required for your unique situation.
Federal Eligibility Requirements
Students must meet all of the following requirements to be eligible for federal aid:
1. Enrolled as a regular, degree-seeking student
- Cannot be simultaneously enrolled in elementary or secondary school beyond the age of compulsory school attendance in their state or the college’s state.
2. Demonstrates Ability-to-Benefit:
- Earned a High school diploma, GED or equivalent
- (Home schooling is acceptable if learning was completed within a state that recognizes home schooling)
- Conferred Associate Degree
- Pass a federally approved ATB test
3. Maintain Satisfactory Academic Progress
4. Enrolled at least half-time ( Taliesin does not accept part-time students)
5. Does not have a disqualifying federal or state drug conviction
6. Has a U.S. Citizenship or Eligible Non-Citizen Status
- U.S. Citizen or National,
- U.S. permanent resident,
- Citizen of the Freely Associates States:
- Federated States of Micronesia
- Republic of Palau
- Marshall Islands
- Other eligible non-citizens for the following INS/DHS Statuses
- Granted Asylum
- Conditional entrants
- Paroled into the U.S. for at least one year
- Cuban-Haitian entrants (Not Eligible: family unity, temporary resident, non- immigrant visas)
7. Not in default on a federal education loan
- A federal education loan included in a bankruptcy may affect eligibility. Total & Permanent Disability cancellation of a federal education loan may affect eligibility.
8. Do not owe on a Federal grant overpayment
9. Provide correct name, date of birth, and social security number (confirmed with the Social Security Administration)
10. Males born after 1959 must be registered with Selective Service
For additional information about Tuition and Financial Aid contact the Office of Admissions