Financial Aid Process

2017-2018

Financial Aid Process

A major concern when beginning the process of selecting a college is the cost of an education. Woodbury University is committed to assisting students with these costs through a variety of financial aid programs.

The financial aid process is built on the premise that parents and students are primarily responsible for paying for college. Once we have evaluated a family’s ability to contribute, Woodbury offers a financial aid package that may include grants, scholarships, loans and part-time employment.

Financial aid is awarded on the basis of financial need. Eligibility for financial aid is established through the Free Application for Federal Student Aid (FAFSA). Continued financial aid eligibility is based on financial need and satisfactory academic progress.

Applying for Need-Based Financial Aid

Applying for need-based financial aid at Woodbury University is an annual process. Every interested student must submit an application and requested documents by the posted deadlines to receive full consideration for federal, state and institutional grant aid.

Incoming students have an additional step when applying for Woodbury need-based institutional aid. You must:

1. Complete the Free Application for Federal Student Aid (FAFSA).

     FAFSA

Currently enrolled students interested in renewing their financial aid are required to complete the FAFSA each year.

Students receiving merit scholarships only are not required to complete a FAFSA. If all requirements for maintaining the scholarship(s) are met, these scholarships will be renewed by the Office of Financial Aid.

Determining Financial Need

Cost of Attendance (COA)  minus  Family Contribution (FC)  equals  Financial Need

The information used to determine the family’s contribution comes from the following:

  • Free Application for Federal Student Aid (FAFSA)
  • Supplemental documents such as federal tax returns

Estimated Cost of Attendance

Undergraduate

The cost of attendance (COA) is an average used in determining financial aid eligibility. Below is an example of an estimated COA for a full-time undergraduate student living on campus in a double occupancy room. Keep in mind that your actual costs may differ.

Direct Costs

Tuition$37,436 (12-18 units)
$1,219 per unit (if less than 12 units or more than 18 units)
Mandatory fees $1,024 (fees listed below included)
Technology fee $400 per semester
ASWU fee $100 per semester
Room (double occupancy)$6,868
Board (8 to 10 meal plan)$4,265
Subtotal $49,593

Indirect Costs

Personal expenses $2,403
Books and supplies $1,800
Transportation $837

Average Cost of Attendance (COA)

$54,633

Tuition costs displayed represent flat tuition charged for 12 to 18 units per semester. Students who take less than 12 units are charged at a per-unit rate. Students who take more than 18 units are charged at a per-unit rate in addition to the flat rate for the semester. Example: A student enrolled for 21 units is charged $18,441 (12–18 units) + $3,603 (3 units x $1,201) = $22,044.

Estimated Cost of Attendance

Graduate

Master of Business Administration (MBA)*

Tuition $1214 per unit
Mandatory MBA Association Fee$100 per semester
Mandatory Technology Fee$26 per unit

Master of Arts in Leadership (ML)

Tuition $609 per unit
Mandatory Technology Fee$26 per unit

Master of Science in Architecture, Real Estate Development, San Diego (MSArch RED)

Tuition$1,214 per unit
Mandatory Studio Lab Fees$200 per semester (avg.)

Master of Architecture (MArch 2 yr. or 3 yr.)

Tuition$1,214 per unit
Mandatory Studio Lab Fees$200 per semester (avg.)

Master of Interior Architecture

Tuition $1,214 per unit
Mandatory Studio Lab Fees$200 per semester (avg.)

Estimated costs for living off campus will apply when determining the financial aid budget.

NOTES

MBA
Completion of the MBA program requires 36 units unless additional requirements are identified at admission. Annual tuition increases will apply to subsequent years.

MArch or MSarch 
Master of Architecture programs run 1, 2 or 3 years. Units required for each will vary. MSArch is a 1-year program which requires 36 units. The MArch 2-year program requires 63 units, and the MArch 3-year program requires 93 units. The Master of Real Estate Development program in San Diego requires 39 units.

Estimated costs for living off campus will apply when determining the financial aid budget.