Overview

Accelerated Learning students can pay for their education in three convenient ways:

  1. Financial aid
  2. Personal payment plans
  3. Third-party assistance such as employer reimbursement

The Accelerated Learning program offers adult students the maximum amount of financial aid while keeping tuition rates competitive and affordable. With Rochester College, you can afford to complete your education!

Tuition and Fees are payable online or by check, money order, or major credit card. Checks and money orders should be payable to Rochester College. For a complete list of fees, consult the current registration packet or your advisor.

Current Tuition and Fees

Tuition
$408 per credit hour
New Student Orientation Fee
$195 (one-time fee)
Online Course Fee
$45 per online class
Textbooks
Varies per class
Student Support Fee
$50 per semester

 

If you have any questions, please contact Student Financial Services at (800) 521-6010 (option #2) or email at sfs@rc.edu

How to Apply

Rochester College is committed to providing you with all the financial aid resources available to assist you and your family in making a quality Christian education a reality. Rochester College participates in State and Federal financial aid programs and our financial aid staff is prepared to assist you in the application process. These aid programs are both non-need and need based and are determined by family income. 
Financial aid is available from many sources and our commitment is to assist you in obtaining all aid for which you are eligible. We have included information on Federal and State financial aid program. It is important to apply as early as possible for both Federal and State aid. Financial aid is available in three forms:

  • Grants, which do not have to be repaid.
  • Work-study provides aid in exchange for work, usually as employment on campus.
  • Loans, which must be repaid.

By completing the following process, you will maximize the amounts and timing of the financial aid process.

  • Complete the Free Application for Federal Student Aid (FAFSA) as soon after October 1 as possible. The priority deadline is March 1, 2018. Return it to the Rochester College Student Financial Services office. The FAFSA can be completed online at www.FAFSA.ed.gov or they can be mailed in. Be sure to include RC’s Federal school code in the #1 spot (002288) in step 6 of the FAFSA .
  • Shortly after we have processed your FAFSA, you will receive a Student Aid Report (SAR) in the mail. You should get a response with in 2 weeks of completing the form. Please read it carefully. If everything is correct, the SAR is for your records. If there are any errors on the SAR, make corrections on Part 2, sign it and return it to the FAFSA so that corrections can be made. Signatures are required. You will also receive an email with any corrections that are needed.
  • Once your FAFSA has been received by Student Financial Services (SFS), you will be packaged with the maximum financial aid eligibility. You will receive electronic communication from our office that your financial aid awards are available on your student portal. If the Department of Education selects you for verification, and you have completed all of your financial aid documents, you may also receive a verification worksheet that will be required to be completed. If a credit results from accepting your financial aid, SFS will email you a valid bookstore voucher to purchase your textbooks via our online bookstore www.mbsdirect.net.
  • Upon receiving the financial aid award letter, review the information carefully. Please note that award letters are valid only for the current school year. A renewal FAFSA application must be completed for subsequent years.
  • Direct Loan Promissory Notes
    First time loan borrowers are required to complete the master promissory note before receiving a loan disbursement. Borrowers are encouraged to complete the process online at studentloans.gov.
  • Direct Loan Entrance Counseling
    First time loan borrowers are required to complete entrance counseling before receiving a loan disbursement. Borrowers are encouraged to complete the process online at studentloans.gov.
  • Exit Counseling
    Students who graduate, withdraw, drop below half-time status, or do not enroll for the subsequent semester are required to complete exit counseling. Borrowers are encouraged to complete the process online at studentloans.gov.

Financial Aid Packaging

Policy background: To ensure the packaging criteria and accuracy for need and non-need based federal and state aid for prospective and returning students.

Financial Aid Model: combination of active and inactive models. Packaging will be based on students’ maximum eligibility for grants/scholarships/loans within the cost of attendance. Students will be given payment options to pay for remaining net costs which include but are not limited to; parent loan (dependent students), payment in full, payment plan, third party provider. Students will then go online to accept/deny aid. If students choose to have parent apply for loan, eligibility and application requirements are on website/student portal.

If a student/parent applies for the parent loan and is declined, the student will automatically be packaged with the additional unsubsidized loan. For more information please visit http://studentaid.ed.gov.

An email will be sent to the student informing them of aid to be accepted/denied on their student portal and the availability of their billing statement and option to choose a payment intention.

Any student who has completed all financial aid documents and that has a credit balance after maximum awards are packaged will receive a bookstore voucher. Students will receive an email with instructions on how to purchase textbooks using this voucher from our MBS direct online bookstore. If a student would like to opt out of the bookstore voucher, an email would be required to be sent to sfs@rc.edu. At that point, Student Financial Services will cancel the voucher and the student will receive a refund check once all aid has been posted to their student account. AL students will be packaged with maximum eligibility each semester.

Summer Instructions

Students planning to take summer courses must contact their Financial Service Advisor for information on financial aid to pay for summer tuition/fees. Please note, many students use their entire eligibility during the fall and spring. Students may also apply for a loan/grant/scholarship from outside lenders. Outside lenders may be found at www.finaid.org.

Any Questions?
Contact the Student Financial Services office:
Phone: (248) 218-2127
or toll-free (800) 521-6010
Fax: (248) 218-2065

Email: sfs@rc.edu

Checklist

Step One: FAFSA

To apply for federal student aid, students must complete the Free Application for Federal Student Aid (FAFSA), using Rochester College’s federal code 002288. Beginning with the 2017-2018 award year, the FAFSA is available Oct. 1, at no cost to students.. Students will be considered for Pell Grant, Federal Supplemental Opportunity Grant, Federal Direct Loans, Michigan Competitive Scholarship and Michigan Tuition Grant. To ensure student’s eligibility for the Michigan Competitive Scholarship/Michigan Tuition Grant, by March 1st Rochester College’s federal code must be school #1 on the list of schools on student’s FAFSA. Any loans offered and accepted are required to be repaid. Repayment begins six months after graduation and/or ceasing to attend at least on a half time basis.

Step Two: FAFSA Processing

Student Financial Services will receive a copy of the student’s FAFSA application 3-5 business days after submission, and will review it for completeness and accuracy. If the student’s FAFSA is approved, they will receive an award letter email outlining the total amount of financial aid they are qualified for during the Academic Year in which FAFSA was applied. If additional information is required on the FAFSA, students will receive an email from our office outlining the updates needed.

Step Three: Student Promissory Note and Entrance Counseling

First time loan borrowers MUST complete the entrance counseling and loan promissory notes at www.StudentLoans.gov.

Step Four: Cost of Attendance

Review total costs to attend, financial aid awards, and any potential out of pocket costs. Costs for attendance are outlined below. Review the column that pertains to the student’s situation, review their total financial aid awards and the amount they are left with is the total amount either due out of pocket, or the total amount the student will receive in a refund check. Refunds from disbursements will be sent to the Business Office for check processing approximately two weeks after the start of the semester.

Cost of Attendance
Tuition and fees billed to student’s account does not include potential course fees.
Educational expenses include bookstore purchases, travel, commuter room and board and other educational expenses.

  • Full Time: $22,612
  • 3/4 Time: $13,354
  • 1/2 Time: $9,226

Step Five: Accept/Deny Financial Aid Awards

Students may accept/deny their awards by going to Financial Services, My Award Letter, and make sure the term next to their name is FA-18. Accept/deny ALL awards for the 2018-2019 Academic Year.

Step Six: Bookstore Voucher

Students with a credit balance will be mailed a voucher when financial aid documents are complete. To opt out, please email sfs@rc.edu. 

Step Seven: Additional Financial Aid Resources

After comparing the cost of attendance with the total financial aid awards students have received, there may be a gap that is required to be paid out of pocket. Options for financing this amount are below. Students may select their desired option of payment by logging on to their student portal under My Billing Ledger.

  1. Parents of dependent students wishing to apply for a Parent PLUS Loan may do so online at www.StudentLoans.gov. If approved, the parent must complete the Loan Promissory Notes on that same site. If denied, the student may be eligible for up to an additional $4,000 in loans for freshman/sophomores college level and $5,000 for junior/senior college level.
  2. Students may apply for a private student loan. Applications are located at www.finaid.org.
  3. Students may pay the out of pocket cost in full or enroll in a payment plan, for a one-time semesterly fee.

Step Eight: Payment Due Date

Payment Due Dates for AL student Summer 2018:

  • Initial Payment: April 27th, 2018, One third of the balance due
  • May 20th, 2018, One third of the balance due
  • June 20th, 2018, One third of the balance due

Payment Due Dates for AL student Fall 2018:

  • Initial Payment: August 24th, 2018, One third of the balance due
  • September 20th, 2018, One third of the balance due
  • October 20th, 2018, One third of the balance due

Payment Due Dates for AL student Spring 2019:

  • Initial Payment: January 4th, 2019, One third of the balance due
  • February 20th, 2019, One third of the balance due
  • March 20th, 2019, One third of the balance due

Payment Due Dates for AL student Summer 2019:

  • Initial Payment: April 26th, 2019, One third of the balance due
  • May 20th, 2019, One third of the balance due
  • June 20th, 2019, One third of the balance due

 

 

 

 

Additional Information regarding Direct Loan Terms and Conditions, and other Financial Aid and Billing policies, may be found at rc.edu under Financial Aid and Billing and in the Rochester College course catalog.

For questions, please contact Student Financial Services by phone at 248-218-2127, or by email at sfs@rc.edu.

Paying for RC

Our #1 goal is to help make attending Rochester College a reality. 

Outside Scholarships

Students in all programs are eligible to apply for outside scholarships.

StudentScholarships.org Scholarship Program

Eligibility
In order to be eligible for the scholarship you must be under 21 years of age and answer an essay question on the sponsors website.
Amount
$1,000
How to Apply
Follow the instructions on Student Scholarships website here.

 

State Aid

 

Michigan Tuition Grant

Please visit the Michigan Tuition Grant web site for all the details.
Michigan residents may be eligible for this grant funded by the state of Michigan. MTG is awarded on the basis of financial need and enrollment in a private Michigan college. Estimated Maximum award for 2017-2018.

 

Michigan Tuition Incentive Program (TIP)

Eligibility
Demonstrated Need based on completed FAFSA. Students must be enrolled in an Associates Degree program to be eligible for Phase I TIP.
Amount
$2,876 maximum – Phase I and $2,000 maximum – Phase II – Does not have to be repaid.
Deadline
June 1
How to Apply
Complete FAFSA with school code (002288) Rochester College should be listed as first choice to expedite the process. Students would receive eligiblity letter from the State of Michigan.
Renewal Requirements
Continue to meet eligibility requirements by completing FAFSA annually

 

Please visit the Michigan Tuition Incentive Program for all the details.

 

Michigan Student Financial Aid Information

Please visit Michigan Student Financial Aid web site for complete information on all available aid from the State of Michigan.

 

Federal Aid

 

Federal Pell Grant

Eligibility
Demonstrated need based on completed FAFSA. Awarded to undergraduate students (students who have not yet earned a bachelor’s degree). Addiontal Department of Education criteria.
Amount
$5,920 maximum for 2017-18 – Does not have to be repaid.
Deadline
None
How to Apply
Complete FAFSA with school code (002288) Rochester College should be listed as first choice to expedite the process
Renewal Requirements
Continue to meet eligibility requirements by completing FAFSA annually

Supplemental Educational Opportunity Grant

Eligibility
Demonstrated Need based on completed FAFSA. Awarded to undergraduate students(students who have not yet earned a bachelor’s degree), with exceptional need, subject to federal funding guidelines.  Students must qualify for Pell grant to receive this grant. The college receives a limited amount of funds therefore early application is important to guarantee the student’s award.
Amount
$500 maximum – Does not have to be repaid.
Deadline
June 15th
How to Apply
Complete FAFSA with school code (002288) Rochester College should be listed as first choice to expedite the process
Renewal Requirements
Continue to meet eligibility requirements by completing FAFSA annually

Federal Stafford Loan (subsidized)

Eligibility
Demonstrated Need based on completed FAFSA
Amount
up to $3,500 as Freshman, $4,500 as Sophomore, and $5,500 as Junior and Senior
Deadline
None
Details Variable interest rate, repayment begins 6 months after graduation, up to 10 years for repayment, provided by William Ford Federal Direct Loan Program, banks or other lending institutions. Loans are government subsidized (students are not responsible for interest while enrolled in college on at least a a half-time basis). For 2016-17 this loan has a fixed interest rate of 3.76% for undergrad.  These is a 0% origination fee for this loan. For example, a student that is packaged with a Direct Stafford Loan of $1,732 actually borrows $1,750.
How to Apply
Complete FAFSA with school code (002288) Rochester College should be listed as first choice to expedite the process
Renewal Requirements
Continue to meet eligibility requirements by completing FAFSA annually

Federal Stafford Loan (unsubsidized)

Eligibility
Demonstrated Need based on completed FAFSA.  Students not eligible for Subsidized Stafford Loan funds may borrow through the Unsubsidized Stafford Loan program.
Amount
up to $5,500 as Freshman, $6,500 as Sophomore, and $7,500 as Junior and Senior
Deadline
None
Details Student is responsible for interest accrued during in-school deferment.  Undergrad unsubsidized Stafford Loans have a fixed interest rate of 3.76%.  There is a 1.5-3% origination fee for this loan.  For example, a student that is packaged with a Direct Stafford Loan for $1,742 actually borrows $1,750.  Repayment on the principle begins six months after the student ceases to be enrolled at least halftime, with a repayment schedule of 10-30 years.  Interest payments are the responsibility of the student for the entire duration of the loan. Graduate unsubsidized interest rate is 5.41%
How to Apply
Complete FAFSA with school code (002288) Rochester College should be listed as first choice to expedite the process
Renewal Requirements
Continue to meet eligibility requirements by completing FAFSA annually

Federal Work Study

Eligibility
Demonstrated need based on completed FAFSA.
Amount
Varies based on need.
Deadline
None
How to Apply
Complete FAFSA with school code (002288) Rochester College should be listed as first choice to expedite the process. Complete work study application.  Students will be awarded if they demonstrate need, however, in order to receive monies, students must apply and be hired in a student worker position.
Renewal Requirements
Continue to meet eligibility requirements by completing FAFSA annually
Student Employment Application

Loan Deferment

Students may qualify for a loan deferment. For more information visit http://www.direct.ed.gov/postpone.html

Disbursements

Loan disbursements are completed two business days after the semester begin date.  

Terms of the loan

 Please refer to your master promissory note (www.studentloans.gov) for information regarding specific terms of your Federal Direct Loan.
 

Study abroad

 Enrollment in a program of study abroad approved for credit may be considered enrollment at Rochester College for purposes of applying for federal student financial aid.

 

Parent Loans

Parent Plus application process

  1. Go to studentloans.gov (Be sure to use the .gov extension and not .com.)
  2. Before applying for the PLUS Loan, the parent borrower must sign in using his or her FSA user ID and Password.
  3. When the next page opens, select Request PLUS Loan from the menu in the lefthand column (or Start PLUS Application Process in the center of the page).
  4. Follow the steps to complete the application and credit check. In the School Name section, be sure to select Rochester College.
  5. The results of your credit check will be available immediately. If your credit is approved, you will be given instructions for completing a PLUS Loan Master Promissory Note, if you have not already completed one. If your credit is not approved, you will have the option to (1) not pursue the loan, (2) obtain an endorser, or (3) appeal the credit decision.

For assistance please contact Applicant Services at 1-800-557-7394 or our office at 248-218-2127.

Note: We will assume that you are requesting the loan for the Fall and Spring 2011-2012 terms. If you would like the loan for only one term, please let us know as soon as possible. Completing the application process is the acceptance of the parent loan. Parents may send an email or letter to our office, requesting the loan to be reduced or cancelled no later than 14 days after the first disbursement. Parent loan amounts will be awarded with $500/semester for textbooks. If the parent loan amount requested by the borrower is a larger amount, we will award up to the maximum eligibility amount.

Processing

Students can expect the following processing time during non-peak months (January-June and October-December)

A payment made on your student portal will post the next day. Holds on your account due to payments made will be updated in 3-5 business days.

You will receive an email to review your bill on your student portal on the first of each month.

Once you complete your FAFSA, our office should receive it in 3-5 business days. If there is an item incomplete on your FAFSA, you will receive an email on the day we receive your application and one every Monday morning until the item is completed. If there are no items incomplete on your FAFSA, you should receive an award letter to your email in 5-7 business days. If you are an athlete, or if we are waiting on admissions documents, this timeframe may take longer.

If you have received federal and/or state aid and you withdraw from all of your courses, or if you are in Session A and B courses, and do not complete all of the days you were scheduled for, our office must complete a process entitled “Return to Title IV”. This process can take up to 30 days.

If you are selected for verification, you will receive an email from our office on what is required to complete the process. This process can take 10-15 business days to complete once all items are submitted to our office.

If you have a special circumstance you are requesting on your account, verification must be completed prior to any review of special circumstance documentation. The entire process can take up to 25-30 days to complete.

If you call or email our office you should receive a response within 24 hours.
Plus loan processing/Outside loan processing – loan certifications may take 2-3 business days.

Bookstore voucher – Once all financial aid documents are completed, and if there is a credit balance a student will be issues a bookstore voucher in 2-3 business days.

Students can expect the following processing time during peak months (July-September)

A payment made on your student portal will post the next day. Holds on your account due to payments made will be updated in 5-10 business days.

You will receive an email to review your bill on your student portal on the first of each month.

Once you complete your FAFSA, our office should receive it in 3-7 business days. If there is an item incomplete on your FAFSA, you will receive an email on the day we receive your application and one every Monday morning until the item is completed. If there are no items incomplete on your FAFSA, you should receive an award letter to your email in 5-10 business days. If you are an athlete, or if we are waiting on admissions documents, this timeframe may take longer.

If you have received federal and/or state aid and you withdraw from all of your courses, or if you are in Session A and B courses, and do not complete all of the days you were originally scheduled for, our office must complete a process entitled “Return to Title IV”. This process can take up to 30 days.

If you are selected for verification, you will receive an email from our office on what is required to complete the process. This process can take 15-20 business days to complete once all items are submitted to our office.

If you have a special circumstance you are requesting on your account, verification must be completed prior to any review of special circumstance documentation. The entire process can take up to 25-30 days to complete.

If you call or email our office you should receive a response within 48 hours.
To be official – students must have all financial aid documents completed, and if payment is due, payment must be paid in full, or the first payment of the payment plan must be paid by the due date. Residential students must be official before moving on campus. Students will be dropped from their courses if they are not official by the census date.

Plus loan processing/Outside loan processing – loan certifications may take 5-10 business days.

Bookstore voucher – Once all financial aid documents are completed, and if there is a credit balance a student will be issues a bookstore voucher in 5-7 business days.

2018-2019 Distribution Dates

Accelerated Students: 8/28/18, 1/8/19, 4/30/19

Book Voucher
Payment for all textbooks purchased through the Online Bookstore, must be made at the time of purchase. The online bookstore accepts credit or debit cards. If a student has a zero balance or debit balance due, bookstore purchases will not be permitted to be charged to the students account.

Bookstore voucher policy for Accelerated Learning programs at RC
Students in the AL program, that have a credit balance on their student account, after awards are packaged, will be sent a bookstore voucher to their RC email address. To opt-out of receiving the bookstore voucher, please email sfs@rc.edu

Federal Regulations on Bookstore purchases
(i) Provisions for books and supplies. (1) An institution must provide a way for a Federal Pell Grant eligible student to obtain or purchase, by the seventh day of a payment period, the books and supplies required for the payment period if, 10 days before the beginning of the payment period—(i) The institution could disburse the title IV, HEA program funds for which the student is eligible; and(ii) Presuming the funds were disbursed, the student would have a credit balance under paragraph (e) of this section. Additional information on the federal regulations governing bookstore vouchers, please email sfs@rc.edu.

Veterans
Dear Veterans Student;

Military veterans or immediate family of veterans, deceased or permanently disabled as the result of service, may qualify for assistance. For information, contact a Veterans Administration Office. Students may receive credit for training in the armed services or previous course work by sending an official transcript from each institution to the Academic Services Office. Academic Services must receive transcripts by the end of the first semester of enrollment. Some general education requirements may be waived based upon age, number of hours completed, and appropriate work experience. Records of academic work completed at Rochester College may be released to other institutions and agencies only upon written request.

In order to be certified for Veterans Administration benefits the Veteran must submit to the college’s Veterans Administration Representative within Student Financial Services, his or her Certificate of Eligibility Letter showing which benefit he or she qualifies for. Each semester the Representative will certify enrollment on the Veterans VAONCE online enrollment reporting system. Please keep in mind that if a student adds or drops a class, or even stops attending a class, this information must be reported to Veterans Affairs. This could cause interruption of benefits or an overpayment that must be repaid directly to Veterans Affairs before receiving future benefits. Schedule changes are monitored monthly by the college’s Representative but it is helpful to alert the representative by email at veterans@rc.edu when a class is added, changed sections, dropped/withdrawn, or registered for a subsequent semester to help ensure timely reporting.

Students who are certified for Veterans Administration benefits but who fail to obtain the minimum cumulative GPA within one semester after being placed on financial aid warning may not be recertified until their cumulative GPA meets the minimum standards identified in the Satisfactory Academic Progress Policy. Rochester College informs the Veterans Administration when students are not recertified due to lack of academic progress. While this policy does not affect the College’s policies regarding financial aid probation and suspension, those policies do affect certification for veteran’s benefits. The standards of satisfactory academic progress are found in the college catalog. Students within one semester (12 hours) of graduation may continue to be certified for veterans’ benefits only with a cumulative GPA of 2.00 or higher, which meets requirements for both the Bachelor’s and Associate’s degrees. The above policies regarding certification for veteran’s benefits supersede any and all previous statements of these policies.

Basic Benefit Info: Enrollment Certifications are emailed to the student each semester when completed

  • Ch 30/1606(7): GI Bill – the VA pays the veteran directly a monthly stipend that can be applied towards tuition. Students must still follow one of the designated payment options as non-veteran students
  • Ch 31: Vocational Rehabilitation – the Veteran must submit their 22-1905 form to Student Financial Services. The Student Financial Services Office will bill the VA directly for tuition, mandatory fees, books, and supplies.
  • Ch 35: Dependents of Veterans – the VA pays the same as a Ch 31 student. To ensure proper payment and set-up please make sure to submit to Student Financial Services the parent SSN associated with the benefits. The VA pays the student, the student will need to pay their bill with Student Financial Services.
  • Ch 33: Post 9/11 GI Bill – the VA pays the college directly for tuition and mandatory fees only. Students receive a monthly housing allowance directly from the VA, based on enrollment status.

Contacts: