Graduate tuition for the 2013-2014 school year is $806 per credit. You can expect that cost to rise by approximately 4% per year in the future.
Most graduate students are working professionals who take courses part-time. The MSA degree requires completion of a total of 30 credits. Typically, a part-time student completes their MSA in 2 years. Full-time students can complete the program in one year.
Based on these assumptions, the estimated total tuition cost of your Edgewood College MSA degree would be approximately $24,665.
Note - These estimates assume that you have satisfied all foundation requirements before enrolling in the program. If foundation courses are required, that will increase the total cost of the MSA degree and delay your completion. Please contact an admissions counselor for more details.
Graduate students are eligible for financial aid in the form of Federal Stafford Loans. You are eligible for these low interest loans (currently 6.8%) if you enroll in a minimum of 4 credits per semester. Loans are limited to a total of $20,500 per year.
Click here for more information on Stafford Loans, including eligibility requirements and application instructions.
Based on results of the loan payment calculator from finaid.org, if you chose to finance the entire cost of your Edgewood College MSA degree through Stafford Loans, your monthly payment would be $284/month for a 10-year repayment plan.
Remember, completing your graduate degree is an investment in yourself and your career. Be sure to consider not only the total cost of your education, but think about how that total breaks down in terms of monthly costs, which can make your investment feel more manageable and affordable.