University of Mobile

Financial aid is money awarded to students in the form of loans and part-time employment. Aid available to graduate students is the Federal Subsidized Stafford Loan, the Federal unsubsidized Stafford Loan and/or Perkins Loan.

Veterans benefits are available to those who qualify.

STAFFORD LOAN PROGRAM is available to full- and half-time students who qualify. Eligibility is based on financial need, satisfactory academic progress, and other aid awarded. The student’s loan eligibility is determined by the results of the Free Application For Federal Student Aid. Depending on eligibility a graduate student could possibly receive up to $18,500 in Stafford Subsidized and/or Unsubsidized Loans. Payment of principal and interest can be deferred until after graduation or withdrawal. Federal loans are processed on a term by term basis during the summer semesters. A student must be at least half-time (six hours) during the term he or she requests a loan. Application is made through the Financial Aid Office to an outside lending institution.

THE CARL D. PERKINS LOAN is available to a limited number of full-time or part-time students who qualify.

The graduate student must complete the Free Application For Federal Student Aid to be considered.

Repayment is deferred until graduation, withdrawal, or enrollment below a half-time level (six hours).

VETERANS BENEFITS are available to those who qualify. Eligibility is determined by the Veterans Administration, and potentially eligible students should contact their local Veterans Administration representative.

Financial Aid For Nursing Students

Graduate scholarship assistance is available for qualified nursing students through the Alabama Board of Nursing and Alabama State Nurses Association. Interested students should contact these organizations for assistance.

Financial Aid For The Early Admissions Into Graduate School Programs

A student who indicates the five-year Public Track (Integrated Accounting) or R.N. to M.S.N. (Master of Science in Nursing) as his or her major will be assigned a specific adviser. As the student nears the end of undergraduate course work in the program, the adviser will formally recommend the student for reclassification to graduate status. A student with either of these intended majors can receive Financial Aid for four years as a traditional undergraduate student. When the student has been recommended for reclassification to graduate status, the student can then receive aid (loans only) at graduate status.

The Financial Aid Office at the University of Mobile is located on the First Floor of Weaver Hall.