The following provides information on the various options for student loans and funding through the Monterey Institute of International Studies.

Check with Financial Aid early — if you are a US citizen or Permanent Resident already on a financial aid plan with the federal government, there is an option to receive additional aid (ie: loans).  As each case is unique, working with the Financial Aid office early in the planning stage is integral.  You will need to know your location prior to obtaining additional loans.

Complete your FAFSA by the federal deadline in March. You can use your Federal PIN number (www.pin.ed.gov) to apply on-line. You should go to the Free Application for Federal Student Aid (www.fafsa.ed.gov) website to begin the process. You may also obtain a paper version of the Free Application for Federal Student Aid (FAFSA) from the Office of Student Financial Planning. We strongly recommend you complete the application as soon after January 1st as possible.

If you plan to attend one of Monterey Institute of International Studies Study Abroad Programs or any other summer program, it is recommended that you begin the financial aid re-application process by mid-February. Remember, even if you have not yet completed your tax forms, you can still complete your FAFSA by using ESTIMATED income and tax information.

Students who do not complete their FAFSA and any of the other the required documents by the last day of classes in May, may not be considered for Monterey Institute grant money, or Federal Work Study for the coming year.

Private bank loan programs:  Financial Aid has information on several personal loan programs (good for either US or international students with a US co-signer) via US banks.  This type of funding is bank-to-individual, and will take several weeks/months to finalize.

International Students who are attending the Monterey Institute on fellowship funding (Muskie, IREX, Fulbright, Rotary, etc.): Please check as soon as possible with your program coordinator to see what additional funding may be available for an "extension".  Most fellowship programs have some level of financial flexibility built into their funding—whereby if students can demonstrate the direct relevance of a three month extension (be it for an internship, additional coursework, etc.), they may be able to obtain additional resources.

Immersive Learning Funding 

The Monterey Institute Office of Student Services manages an immersive learning funding program for MIIS students subject to funding availability. Learn more about this process.