Higher education is a substantial financial commitment, but fortunately there are a plethora of ways students can fund their education and limit their student debt.
Funding Options
In most cases a combination of scholarships, fellowships, student loans, and paid employment (either inside or outside of the school) is necessary to cover costs associated with tuition and fees.
Student Employment Eligibility Form (SEEF)
Grant Assistance
The Chicago School of Professional Psychology is approved for Cal Grant programs for students who attend school at one of our California locations and for California residents enrolled in our online programs. For more information on Cal Grant programs, please click here. All non-California students are therefore encouraged to contact your state student aid administration agency for information on available grants, scholarships and other funding sources.
Know Before You Owe
Review our pricing sheet and compare to other schools to determine which option is best for you. For more information, contact our Financial Aid office at 800.684.2890.
Cost Calculator
Get an accurate estimate of your total expenses studying at The Chicago School with our Cost Calculator. It only takes a few minutes, and you will gain vital insights and understanding about how much your education will cost and what funding options may be available to you.
Net Price Calculator
This calculator is intended to provide estimated net price information (defined as estimated cost of attendance – including tuition and required fees, books and supplies, room and board (meals), and other related expenses – minus estimated grant and scholarship aid) to current and prospective students and their families based on what similar students paid in a previous year.
Federal Direct Loans
Direct loans are offered as both subsidized and unsubsidized. Most students are eligible for Direct Loans regardless of credit history. Direct Loans are eligible for consolidation, in-school deferment, and a six-month grace period upon a student dropping below half-time enrollment.
What are the differences between subsidized and unsubsidized loans?
- Subsidized Direct loan: This is a need-based loan. Interest is not accrued while you are in school or during your 6 month grace period which begins immediately upon dropping below half-time enrollment.
- Unsubsidized Direct loan: Interest begins accruing immediately upon full disbursement. Payment will not begin until six months after dropping below half-time enrollment.
Federal Parent PLUS Loans
Direct Parent PLUS Loans are designed to help parents of dependent undergraduate students meet their educational costs. Parents may borrow up to the cost of education for the academic year less any other financial aid received. PLUS Loans are available only to borrowers who do not have adverse credit histories. Repayment begins 60 days after the loan is fully disbursed. Parent borrowers have the option of deferring payment until after their dependent student graduates or drops below half-time enrollment.
Introduction to Financial Aid
Do you have questions about the different types of financial aid? Watch this video out to learn more.