Hometown Heroes Tuition Discount
We honor those who serve their local communities:
- Community College faculty and staff
- High school teachers and administrators
- Emergency Personnel (EMTs, paramedics, firefighters, and police)
- Department of Defense Employees
These heroes receive a 20% tuition discount for graduate programs (Master’s and Doctoral Degrees).
EdAssist Partner Discount
As a member of EdAssist’s Featured Provider Network, Capitol Technology University offers employees and immediate family members of all EdAssist clients a 20% tuition discount and application fee waiver for undergraduate and graduate programs. EdAssist administers tuition assistance benefits for over 200 companies. Contact your HR department to find out if you’re employer is an EdAssist supported organization.
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 http://www.studentloans.gov 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 http://www.studentloans.gov. 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.
If you are a veteran or a veteran's dependent, you may be eligible for educational benefits.