Graduate Students

At Becker College, the Office of Financial Aid is committed to assisting graduate students in meeting their responsibilities for the cost of education by helping them bridge the gap between their own resources and the cost of attendance. The following information will inform you of programs and loans available.

Becker College encourages everyone to fill out the Free Application for Federal Student Aid (FAFSA). Information from the FAFSA is used by the College to determine your eligibility for financial aid.

  • Complete the FAFSA online at www.fafsa.gov. The form is available beginning October 1 of each year.
  • Becker's School Code (requested by the FAFSA) is 002123.

 

Types of Aid:

Clements Grant

The Clements Grant is awarded to select Becker College graduate students for academic merit. The award was established in honor of Nancy Clements, MA, CCC-SLP, founder of the Social Thinking® Boston clinic. Beginning with the undergraduate Social Thinking® course she taught in 2013, Nancy’s insights and contributions have been instrumental in the development of the specialty tracks within the Becker College Master of Arts in Mental Health Counseling program, as well as the clinical practicum and internship opportunities for Becker students.

The eligibility requirements for the Clements Grant are listed below, as well as the renewal criteria for the following Financial Aid Year. Eligibility and Renewal Requirements:

  • Students must be enrolled in the recommended course load for each term (fall and spring) in the MA in Mental Health Counseling Program. Approved transfer credits may be used to replace recommended course load credits.
  • Students must obtain a passing grade in all classes.
  • Students must maintain a GPA of 3.0 each Financial Aid Year.
  • Students must complete 60 credits within the 2 year program. This may include up to 12 approved transfer credits.
  • All financial obligations to Becker College must be paid in full before the start of the next Financial Aid Year.
  • Students must not have any Becker College Code of Conduct Violations

Graduate students are eligible to receive the following amounts each year:

      2016-2017: $4,000

      2017-2018: $4,000

Quell Foundation Scholarship (Graduate)

The Quell Foundation Bridge the Gap Graduate Scholarship is awarded to select graduate students pursuing a degree in the mental health field that leads to licensure as a mental health practitioner. More information and the application can be found here.

Graduate Student Assistantships

Assistantships for graduate students may be available in the areas of teaching, academic coaching, social coaching, or clinic/program operations. Assistantships are typically available for 5-15 hours per week and may be renewable each semester. Compensation ranges from $1,200 to $3,600 per semester and is awarded as tuition remission. Students interested in obtaining an assistantship must complete a Graduate Assistantship Application. Applications can be obtained from the Graduate Admissions office (graduateadmissions@becker.edu) or from Dr. Beth Greenberg, Associate Professor of Psychology and Program Coordinator (beth.greenberg@becker.edu), and can be submitted to Dr. Greenberg.

Outside Scholarships Search Engines

Scholarship Search Engine websites are a valuable resource for researching and finding many scholarships on one site for which you may be eligible to apply.

» College Board
» FinAid.org
» FastWeb.com
» Scholarship Hunter
» Military.com

Loans

Unsubsidized Direct Loan

Direct loans are offered to students from the Department of Education.

Federal Direct Unsubsidized loans are not awarded on the basis of financial need. The loan accrues interest from the time it it is disbursed until it is paid in full. If you allow the interest to accrue while you are in school or during repayment periods, this interest will be capitalized. Interest that is capitalized will be added to the principal amount of your loan, and additional interest will be based on the higher amount. The interest rate for Federal Direct Unsubsidized Loans, first disbursed after July 1, 2016, is 3.76%. Note: Students can pay the interest on their Direct Unsubsidized loan while in school.  Students interested in making payments should contact their lender directly.

Federal Direct Loan Fee – The origination fee is held by the U.S. Department of Education as an expense of assuming a Direct Loan.  Loans with a first disbursement date prior to October 1, 2016 have a 1.068% fee deducted from each loan disbursement.  Loans with a first disbursement date on or after October 1, 2016 will have a 1.069% fee deducted from each loan disbursement.

Graduate PLUS Loans

Graduate and Professional degree students are now eligible to borrow Graduate PLUS Loans under the William D. Ford Direct Loan Program. Students may borrow up to the cost of attendance minus other financial aid. The interest rate for Federal Direct Parent PLUS Loan for the 2016-2017 academic year, first disbursed after July 1, 2016, is 6.31%.

Federal Direct Parent PLUS Loan Fee – The origination fee is held by the U.S. Department of Education as an expense of assuming a Direct Loan.  Loans with a first disbursement date prior to October 1, 2016 have a 4.272% fee deducted from each loan disbursement.  Loans with a first disbursement date on or after October 1, 2016 will have a 4.276% fee deducted from each loan disbursement.

The repayment period for a Direct Grad PLUS borrower begins on the date of the final disbursement of the loan and the first payment is due within 60 days of the final disbursement of that loan. The Grad PLUS borrower may apply for an in-school deferment by submitting an In-School Deferment Request to the Direct Loan Servicing Center.

Eligibility Requirements:

  • Graduate students are required to complete the Free Application for Federal Student Aid (FAFSA) at www.fafsa.gov.
  • Student must be accepted in a degree-granting program for at least six credits each term. Please note that federal regulations do not allow PLUS loan applications to be processed for an outstanding balance that is associated with an academic year that has already ended.
  • The applicant does not have an adverse credit history.
  • Answers to Frequently Asked Questions about Direct PLUS Loans can be found at: http://www.ifap.ed.gov/dlbulletins/attachments/DLB0703Attach.pdf.

ALL GRADUATE STUDENT DIRECT AND PLUS LOAN BORROWERS MUST COMPLETE THE FOLLOWING TWO STEPS TO SECURE THEIR DIRECT LOAN FUNDS:

1. DIRECT LOAN ENTRANCE COUNSELING AND DIRECT LOAN MASTER PROMISSORY NOTE

  1. For Direct Loan Entrance Counseling, select from the main menu “Complete Entrance Counseling.”
    • Check Complete Counseling to receive Direct Loans as a graduate (beyond bachelor’s degree) or professional student.
    • Follow the instructions for the online tutorial and submit after completed.
  2.  For Direct Loan Master Promissory Note, return to the main menu and select “Complete Master Promissory Note” and choose “Subsidized/Unsubsidized.”
    • Follow the instructions and submit after completed.
    • Make sure to provide complete address information for two references residing at separate addresses.
    • For Grad Plus Borrowers – Must complete Master Promissory Note for Grad Plus Loan as well

Alternative Loans

Becker College participates in alternative loan programs through a number of lenders. Becker supports the family's right to obtain a private alternative student loan from any loan provider and will certifiy and process private alternative student loans from any lender.

To find a list of lenders in which the Office of Financial Aid has selected please click here. We recommend these lenders based on the quality of products and services they provide to students and families. We have carefully considered our selections in order to provide you with the best possible list of suggested lenders. However, if you wish to use another lender that is not on this list, you have the right to do so.

» Alternative Financing Options

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