There are two main components financial aid at the Monterey Institute: merit scholarships and federal financial aid (Federal Work Study, Subsidized and Unsubsidized Stafford Loans, and the Federal Graduate PLUS Loans) based on financial need.
All students, regardless of their citizenship status, are considered for the Monterey Institute merit scholarship if they successfully apply by the priority scholarship deadlines. Additionally, international students can also apply for a private educational loan if they have a creditworthy US cosigner. If you have an F-1 or J-1 Visa, you can also work on campus up to 20 hours per week to help defray living expenses.
Yes. All applicants who apply to the Monterey Institute by one of the priority scholarship deadlines are automatically considered for our merit scholarship. Students eligible for federal financial aid (US citizens, permanent residents, and qualifying non-residents) must apply annually. There is no formal deadline to apply for federal financial aid. However, we encourage you to submit all application mate
Yes. However, financial aid for graduate programs is different than financial aid for undergraduate programs. In general, graduate students are presumed to be making an investment in their future careers. Therefore, they generally contribute some of their own funds - whether out of pocket or through education loans - toward their degree.
There are four main differences between federal financial aid at the undergraduate and graduate level:
What kinds of financial aid packages are available while pursuing the MATESOL degree via the PCMI Program? Are there any graduate research or teaching assistant positions?
There are many scholarships, work-study positions, and graduate assistantships at MIIS. In addition, a large proportion of the students who are U.S. citizens have some kind of financial aid. Please check out the MIIS website for complete information. The tuition is typical of private schools. (Please check the website for the actual amount.) Also, since MIIS does not have doctoral programs, students who apply for scholarships or graduate assistantships here are not competing with PhD candidates.
There are no scholarships at this time for DPMI. However, you may be eligible to receive US Federal Financial Aid in the form of loans to cover the certificate fee. If you are a Monterey Institute student, please see the Office of Student Financial Planning to learn more about your individual options. Only students who choose to take DPMI for academic credit will be eligible for financial aid.
There are no scholarships at this time for CLP. However, you may be eligible to receive financial aid in the form of loans to cover the tuition fee for the program if you take CLP for academic credit. If you are a Monterey Institute student, please see the Office of Student Financial Planning to learn more about your individual options. Non-Monterey Institute students should contact Carolyn Taylor at 831-647-6417 for more information on financial aid options.