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Financial Aid Available From the Office of Student Financial Aid

Financial aid consists of scholarships or assistantships, student loans and part-time employment, and can help meet the costs of a graduate or professional program.

Scholarships and assistantships are awarded by each school or program (dental, law, health sciences or graduate). Questions concerning scholarships and assistantships should be directed to the admissions or dean’s office of the school or program in which you plan to enroll.

Although care is taken to ensure the accuracy and timeliness of information contained in this bulletin, due to constantly changing federal and state legislation, as well as unintended error, the contents are subject to change and/or deletion without notice. Current information can be obtained by visiting marquette.edu/mucentral or by calling Marquette Central at (414) 288-4000.

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Eligibility Requirements

To receive financial aid from federal and state programs, students must meet the following requirements:

• Be a U.S. citizen or an eligible non-citizen. Students with F1, F2, J1, or J2 visas are not eligible.
• Be registered with Selective Service, if required.
• Complete the Free Application for Federal Student Aid (FAFSA) at fafsa.gov.
• Not be in default on any loan or owe a refund on any grant made under Title IV of the Higher Education Act of 1965, as amended, at any institution.
• Demonstrate financial need, if applying for need-based aid.
• Be enrolled at least half-time. Audit, repeat and other non-credit classes do not apply.
• Half-time: 4 credits per semester for Graduate; 6 credits per semester for Dental, Law, and Health Sciences.
• Be working toward a degree or certificate.
• Be making satisfactory academic progress (i.e., to be eligible for aid, a student must have academic standing that is consistent with university requirements for graduation).

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Application Procedures

Students may apply for financial aid if they are currently enrolled or are applying for admission to Marquette University. Be advised that no offer of financial assistance will be made until the student is formally admitted to the university. All students applying for financial aid must complete the Free Application for Federal Student Aid (FAFSA). The FAFSA is available online at fafsa.gov beginning on January 1 for the upcoming academic year.

During the application process, students may be asked to verify the information reported on the FAFSA. Any aid offer will be contingent upon completion of the verification process.

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Satisfactory Academic Progress Policy

By federal regulation, Marquette University is required to apply both qualitative and quantitative standards in measuring academic progress for financial aid purposes. These standards apply to all students who receive institutional, state and federal Title IV and Title VII funds administered by the university. Federal Title IV programs for graduate students include William D. Ford Federal Direct Stafford and PLUS Loans, Federal Perkins Loans and Federal Work Study. Title VII programs include the Federal Nursing Loans.

Marquette has established the following criteria for graduate students in conjunction with federal regulation published on Oct. 6, 1993, Federal Register Part 668.16 and the Higher Education Amendments of 1986.

I. Qualitative Standards of Academic Progress

Financial aid recipients are governed by the performance standards of the school or college in which they are enrolled.

II. Quantitative Standards of Academic Progress

Students must complete their academic programs and receive their degrees within a maximum time frame. For graduate students, 6 years is the maximum amount of time a student may attempt toward degree completion. In addition, graduate students must earn 75% of their cumulative credits attempted.

Note: Grades of I, U, UW, W and WA, unreported grades, grades of F or audit credits are not counted as earned credits.

III. Failure to Meet the Satisfactory Academic Progress Standards (Quantitative)

1. First Occurrence

   Students who do not meet the standard will be put in a warning status. The student will be notified of this status in writing.

2. Second Occurrence

   If a student fails to meet the standards for a second year, the student will be ineligible for further aid consideration. Eligibility can be regained by making satisfactory progress within one term at the student’s own expense. Eligibility cannot be reinstated if the student simply sits out for an enrollment period or pays his/her own expenses for a term without making satisfactory progress.

3. Third Occurrence

   Aid eligibility is terminated. An appeal for reinstatement requires a written plan signed by an academic adviser on how the student intends to meet graduation requirements.

If a student in an ineligible status receives aid, full repayment will be required of all funds received, excluding College Work Study. A student working under the Federal Work Study program will have his/her employment terminated.

Reinstatement of Eligibility

When a student has made satisfactory progress as outlined above for a particular term at Marquette at his/her own expense, the student must provide the Office of Student Financial Aid with a final grade report. The student will then be reinstated to an eligible status.

IV. Satisfactory Academic Progress Appeal Procedures

1. Student must complete Section A of the Appeal Form and forward it to the appropriate college/school for completion of Section B. The basis of the appeal may include, but is not limited to, the following extenuating circumstances: personal injury or illness, family difficulties, interpersonal problems, death of student’s relative, difficulty balancing responsibilities.
2. Results of the appeal will be communicated to the student from the Office of Student Financial Aid.
3. Appeal must be granted prior to the end of the term for which aid is desired.
4. Recommendation of the college/school is final.

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Resolution Of The Council of Graduate Schools in the United States

Marquette University is a signatory to the CGS resolution. The resolution states that acceptance of an offer of financial support (such as a graduate scholarship, fellowship, traineeship or assistantship) for the next academic year by a prospective or enrolled graduate student completes an agreement that both student and graduate school expect to honor. When a student accepts an offer before April 15 and subsequently desires to withdraw that acceptance, the student may submit a written resignation of the appointment at any time through April 15. However, an acceptance given or left in force after April 15 commits the student not to accept another offer without first obtaining a written release from the institution to which a commitment has been made. Similarly, an offer by an institution after April 15 is conditional on presentation by the student of written release from any previously accepted offer. It is further agreed that institutions subscribing to the CGS resolution will enclose a copy of the resolution with every scholarship, fellowship, traineeship and assistantship offer it sends prior to April 15.

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Assistantships And Scholarships

All graduate students that receive merit-based financial aid, which include graduate assistantships must be full-time degree admitted students in the term in which they receive the aid. Full-time status can be achieved by taking six credits of course work plus Graduate Assistant Teaching, Graduate Assistant Research, depending on the award received. These zero-credit courses will carry the status of full-time when combined with six credits of course work.

The following course numbers will be used in conjunction with the department acronym:

Graduate Assistant Teaching (full-time, FT) = 9975

Graduate Assistant Research (full-time, FT) = 9976

Graduate Economics (MSAE) students may also utilize 9986 Master's Comprehensive Examination Preparation: Full-time or 9993 Professional Project Continuation: Full-time.

Students may use their scholarships to pay for Graduate Assistant Teaching, Graduate Assistant Research course fees. It is not required that all TAs and RAs be registered for one of these continuation courses. If a student already meets full-time status based on course work, then these continuation courses need not be used to obtain full-time status.

For merit based awards, refer to the Graduate School's Merit Based Competitive Assistantships, Scholarships and Fellowships table funded by the Graduate School. 

Registration Procedures

Teaching and research assistants, and recipients of scholarships must register for the appropriate course, which will be graded on an SNC/UNC basis. Registration will require the consent of the student’s adviser and department, which must be secured prior to registering.

Registration requires the following procedures:

1. The student and his/her adviser meet and complete the registration form.
2. The student will be given a permission number to be used during the registration process.
3. The completed and approved form shall be delivered to the Graduate School of Management.
4. The student registers via CheckMarq for the appropriate course, using the permission number received.
   

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Office of Student Financial Aid Available Assistance

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Gift Assistance

American Indian Graduate Fellowship Program (AIGC)

Eligibility:

1. Enrolled full-time.
2. Certified as Indian by tribe.
3. Must show financial need.
4. Must be in post-baccalaureate program.

Amounts:

Federal government funds program, AIGC selects eligible students and determines amount of each student's fellowship.

Application Process:

1. File the FAFSA.
2. Contact AIGC at aigc.com or (505) 881-4584 to request application directly. Deadline is June 1.

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Employment Assistance

Marquette Student Employment (MSE)

Eligibility:

Must show proof of identity and eligibility to work in U.S. (original birth certificate, Social Security card or U.S. passport, visa).

Amounts:

Varies. Determined by each employer.

Terms:

1. Paid every two weeks; rate of pay depends on nature of job, skills and experience.
2. Recommend students work no more than 20 hours per week while classes are in session; students may work no more than 40 hours per week while classes are not in session.
3. Employer determines rate of pay and frequency of payment.

Application Process:

Use the JobConnection website at jobconnection.mu.edu/interfase to access job listings.

Off-Campus Employment

Eligibility:

Must show proof of identity and eligibility to work in U.S. (original birth certificate, Social Security card or U.S. passport, visa).

Amounts:

Varies. Determined by each employer.

Terms:

Off campus positions with Milwaukee area businesses have no restrictions on hours worked; however recommend a student work no more than 20 hours per week while classes are in session.

Application Process:

Use the JobConnection website at jobconnection.mu.edu/interfase to access job listings.

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Loan Assistance

William D. Ford Federal Direct Loan - Subsidized (Stafford Loan)

Eligibility:

1. Enrolled at least half-time.
2. Not in default on prior federal student loans.
3. Must show financial need.
4. U.S. citizen or eligible non-citizen.
5. Making satisfactory progress toward a degree.

Amounts:

Students may borrow up to $8,500 per academic year. The exact amount will vary depending upon financial need. Cumulative maximum for graduate and professional students is $65,500 for both undergraduate and professional studies combined.

Terms:

1. Interest rate is fixed at 6.8 percent.
2. No interest is charged while enrolled at least half-time and during the grace period. Repayment begins 6 months following enrollment of less than half-time.
3. Standard repayment period is 10 years. Other repayment options are available.
4. A 0.5 percent processing fee is deducted from the loan proceeds when the funds are disbursed. See loan disclosure statement for details.

Application Process:

1. File the free Application for Federal Student Aid.
2. Eligible students who have accepted the Stafford Loan on CheckMarq will receive instructions on completing the electronic Master Promissory Note (eMPN) and entrance counseling.

William D. Ford Federal Direct Loan - Unsubsidized (Stafford Loan)

Eligibility:

1. Enrolled at least half-time.
2. Not in default on prior federal student loans.
3. U.S. citizen or eligible non-citizen.
4. Making satisfactory progress toward a degree.

Amounts:

Loan limits are calculated in combination with any amounts borrowed from the Subsidized Stafford Loan. Annual combined limit cannot exceed $20,500.

Terms:

1. Interest rate is fixed at 6.8 percent.
2. Interest accrues while in school.
3. Students may choose to make quarterly interest payments, or have the interest deferred and capitalized once prior to repayment.
4. A 0.5 percent processing fee is deducted from the loan proceeds when the funds are disbursed. See loan disclosure statement for details.
5. No prepayment penalty.

Application Process:

1. File the free Application for Federal Student Aid.
2. Eligible students who have accepted the Stafford Loan on CheckMarq will receive instructions on completing the electronic Master Promissory Note (eMPN) and entrance counseling.

Federal Direct Grad PLUS Loan

Eligibility:

1. Enrolled at least half-time in a degree program.
2. Not in default on prior federal student loans.
3. U.S. citizen or eligible non-citizen.
4. Making satisfactory progress toward a degree.
5. Completed the FAFSA.
6. Must be credit worthy.

Amounts:

Students may borrow up to the difference between the cost of attendance minus the other financial aid.

Terms:

1. Interest rate is fixed at 7.9 percent.
2. Interest is charged for the life of the loan.
3. Interest and principal may be paid while in school.
4. A 2.5 percent processing fee is deducted from the loan proceeds when the funds are disbursed. See loan disclosure statement for details.
5. No prepayment penalty.

Application Process:

1. File the free Application for Federal Student Aid.
2. Complete and submit the Federal Direct Grad PLUS Loan Credit Authorization form.
3. Eligible students whose Grad PLUS Loans have been accepted will receive instructions on completing the electronic Master Promissory Note (eMPN) and entrance counseling.