Financial Aid

At Capitol Technology University, we’re committed to providing an excellent education that’s affordable for all students. We offer you reasonable tuition and fees, and a broad array of financial aid options. In fact, more than 80 percent of Capitol’s students receive some form of financial assistance.

Our experienced financial aid staff will assist you in finding funds to help pay for your graduate education.

Here are some of your funding options:

Institutional Scholarships and Resources

Yellow Ribbon Program

Capitol Technology University proudly participates in the Yellow Ribbon GI Educational Enhancement Program which provides additional funds for education without additional charges to a veteran’s GI entitlement. This program allows qualifying veterans the opportunity to attend one of Capitol’s graduate programs tuition free.

Blue Ribbon Program

Capitol Technology University designed the Blue Ribbon program to provide working professionals who are not eligible for the Yellow Ribbon Program a funding resource for their master's program. There are three funding opportunities under the Blue Ribbon Program:

  1. Blue Ribbon Scholarship provides a $1500 scholarship. A master’s degree student who has successfully completed three master’s level courses with a 3.0 CGPA may receive a tuition scholarship of $500 per course for the next three consecutive courses. A student may renew the scholarship during their ninth course.
  2. Blue Ribbon Referral provides full tuition for one master’s course given to a student in a master’s degree who refers a student to any of the university’s degree programs – undergraduate, masters or doctoral.
  3. Blue Ribbon Guarantee Reimbursement Scholarship guarantees up to 50% of tuition costs when your Employer Tuition Assistance is cut during any eight week term.

National Science and Mathematics Access to Retain Talent Grant (National SMART Grant)

To receive the SMART Grant, an eligible student must receive a Pell Grant during the same award year; be a U.S. citizen; be a full-time student in his or her third or fourth academic year of undergraduate degree study; be pursuing a major in physical, life, or computer sciences, mathematics, technology, engineering or critical foreign language; and have at least a 3.0 grade point average as of the end of the second award year and continue to maintain a 3.0 grade point average.

Private Scholarships

Capitol Technology University’s Financial Aid Staff has developed a list of private scholarships to assist students in financing their education. Scholarship program criteria range from need to merit, to characteristics of applicant to program of study, to geographical. Application deadlines vary. (Download Scholarship Packet on MyCapitol/College Offices/Financial Aid Office/ Forms/Scholarship Packet)

State Scholarships, Grants and Loans

Most States offer scholarships, grants and loans to graduate students who demonstrate financial need. Each State has different programs, deadlines and criteria. It is recommended that you contact your state’s Office of Higher Education for more information.


The federal government makes low-interest loans available to graduate students. Like all loans, these must be repaid. Students must be enrolled at least half-time (six credits) each semester and can borrow up to their cost of attendance minus all other financial aid received.

Federal Unsubsidized Direct Loan

Graduate students can take out a low-interest Unsubsidized Direct Loan through a program sponsored by the federal government. The Free Application for Federal Student Aid determines a student’s eligibility. If you file a FAFSA and include the Capitol Technology University school code, 001436, Capitol’s Financial Aid Office will inform you of the loan amount for which you qualify. The maximum amount a Grad student may apply for is $20,500 per academic year based on their eligibility. The interest rate is variable and accrues on the loan during in-school and grace periods. Interest may be paid as it accrues or it can be added to the loan principal. To apply for the Unsubsidized Direct Loan go to to complete the Master Promissory Note and Entrance Counseling session.

Federal Direct Grad PLUS Loan

The PLUS program, also sponsored by the federal government, is available to graduate students who have borrowed their maximum annual or aggregate loan amount to help pay for education regardless of financial need. Students must be enrolled at least half-time (6 credits).

  • The loan is based on credit history. Grad student must have good credit history.
  • A FAFSA must be completed.
  • Grad student may borrow up to the cost of the education minus any other aid. Grad student must complete the PLUS Master Promissory Note and credit check found online at The credit check must be done each academic year the loan is borrowed.
  • Grad students with adverse credit history may be required to complete an online Entrance Counseling Session before the loan can be disbursed.
  • Interest accrues upon disbursement. Interest can be paid as accrued or added to the principal of the loan.
  • Repayment begins immediately after the final disbursement for the academic year.
  • The interest rate for the PLUS is variable, with a maximum rate of 9 percent. The rate is adjusted every July 1, based on the 52-week Treasury Bill on June 1, plus 3.1 percent.

Veterans' Benefits

If you are a veteran or a veteran's dependent, you may be eligible for educational benefits.

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