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Financial Aid
Masters of Art in Teaching (MAT)
Financial Aid for MAT 2008-2009
Federal financial aid is available to eligible graduate students in the form of Federal Direct Loans. The Master of Arts in Teaching Program consists of four consecutive semesters. Graduate students apply for student loans one time only for their entire *program. Students receive a loan disbursement for each of the first three semesters of their program.
| Borrowing chart for semesters |
Deadline for loan to be submitted |
| **2008 Summer, 2008 Fall, 2009 Spring |
August 29, 2008 |
| 2009 Summer |
Although Options Programs in MAT consist of four consecutive semesters, there will be no loan for the final 2009 summer semester.
(Refunds should be saved to help pay for the balance of this final semester. |
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*This information is based on a student enrolling in and continuing nonstop through the entire program.
**Semesters are based on enrollment in a 36 or 39 hour MAT OPTION PROGRAM. |
Students apply by completing the 2008-2009 Free Application for Federal Student Aid (FAFSA). Students must also complete Entrance Counseling, the OCU Direct Loan Request Form, and a Master Promissory Note (MPN) for the Department of Education. In addition, students must submit an advisor signed copy of all required courses necessary to complete their degree to the Financial Aid Office. Students should contact their advisor, Jo Ann Layman, MAT Director, to request their course list.
Lastly, student borrowers must complete Exit Counseling when their program has been completed (or when a student’s enrollment status becomes less than half-time).
A Word About the Direct Loan Deadline
The deadline to apply for federal loans for the 2008-2009 academic year is August 29, 2008. Students have the responsibility to ensure that all required financial aid documents, forms, and applications have been submitted to the Financial Aid Office.
This means that student borrowers must have all loan forms submitted to the Financial Aid Office on or before the above date. THERE ARE NO EXCEPTIONS TO THIS DEADLINE.
The Financial Aid Office is located in the James W. Murray Center – Room #207
| Office Hours: |
Phone: |
8:00 a.m. to 4:30 p.m.
Monday - Friday |
Toll-free 800/737-5125
812/749-1436
812/749-1224
Fax: 812/749-1438 |
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Telecommunications Device for the Deaf (TDD/TTY)
800-848-0983
Email: dlservicer.ed.gov
Web: www.dl.ed.gov
Fax: 800/848-0984
Hours:
8 a.m. - 8:30 p.m. (ET), AVR available 24 hours a day, 7 days a week.
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Account Inquiries
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Payment Inquiries
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Deferments/Forbearances
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Repayment Options
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