Financial Aid

Available Financial Aid

1. Federal Work-Study Program

Forest Institute participates in the Federal Work-Study Program which funds part-time employment opportunities for students. The program is based on financial need as determined by the Cost of Attendance (C.O.A.) budget remaining after Stafford loans are applied. Work-study is also available to students who wish to reduce dependence on loan money by working. A limited number of positions are available and are filled on a first-come first-served basis. For more information on this program, click here to go to the Work-Study page.

2. Unsubsidized Federal Stafford Loan

The Unsubsidized Stafford Loan is NOT based on financial need. Unlike the Subsidized Loan, the student is responsible for all interest which accrues on the loan from the date of disbursement. Interest payments may be made in installments or allowed to accrue and be added to the principal (capitalized). Students are STRONGLY encouraged to pay the interest on this loan AS IT ACCRUES (i.e. monthly or quarterly depending on the lending agency). This can significantly reduce a student's overall loan debt and result in a much more manageable loan payment upon graduation. A .5% federal origination fee will be deducted from each disbursement of this loan.


Learn more about Loan Forgiveness Programs.

3. Health Professions Student Loan

A student may be eligible to borrow additional unsubsidized Stafford loan amounts that exceed the annual and aggregate limits of traditional graduate students. Contact the Financial Aid Office for more information.

4. Private Loans

Numerous private loans offer interest rates comparable to federal loans and have the same in-school deferment features.

5. Veteran's Benefits

Fores is an approved institution of higher learning for the education of veterans by the State of Missouri Department of Veterans' Affairs.

6. Military Tuition Assistance (TA)

Several branches of the armed forces offer tuition assistance. Check with the appropriate on-base military educational counselor for information and forms to complete.

7. Scholarships

A variety of opportunities exist for students to receive financial assistance for tuition-related expenses. The Board of Directors awards three scholarships annually of varying amounts to incoming students who demonstrate a significant propensity to contribute to the spirit of advocacy, diversity, and service to the community. Additional scholarships may be offered depending on availability of funding sources. Click here for additional information on scholarships or for links to external scholarship sites.


Tuition and Fees

 

Estimated Cost of Attendance (COA) 2010-11

 

Doctor of Psychology in Clinical Psychology (PsyD)


Tuition & Fees

Loan Fees

Housing

Books and Supplies

Transportation

Misc

Total COA

YR 1

26,690

186

7,896

1,562

1,928

1,609

$39,871

YR 2

32,230

186

9,780

1,167

2,387

1,992

$47,742

YR 3

25,285

186

9,780

1,167

2,387

1,992

$40,797

YR 4

15,520

134

7,896

464

1,928

2,838

$28,780

Intern

4,800

100

9,780

0

2,387

2,992

$20,059

Note:The COA for the PsyD degree program is based on a per credit hour tuition rate of $730 and follows the typical curriculum schedule as presented in this catalog.

 


Current Fees Schedule