Tuition and Financial Aid Information

Costs for 2008-2009

  Tuition and Fees:

$35,508

  Additional Costs

 

     Laptop (University Specifications):

* $2,000

     Books and Supplies (first year):

* $1,000

     Miscellaneous costs and fees

* $500

* estimated amount


Financial Aid

Need-based aid in the form of grants, loans, work-study, and other funding is available to those who demonstrate financial need. Visit the financial aid website.

FAFSA

Students applying to the pharmacy program should complete their Free Application for Federal Student Aid (FAFSA) as soon as possible after January 1 and no later than March 1. Be sure to have a copy sent to Pacific University (Federal School Code 003212). We advise students to file their FAFSA on the Department of Education web site at http://www.fafsa.ed.gov (step-by-step instructions are provided on this site). DO NOT WAIT TO BE ACCEPTED to apply for financial aid and do not wait until you have filed your income tax returns with the IRS. You should either estimate your income - you will have a chance to correct errors later - or complete your tax returns early. If you wait, it will delay the processing.

You can obtain a FAFSA application in the paper version from the financial aid office at any college or university, the public library, or by calling 1-800-4-FED-AID. You can also fill out a web-based version of the FAFSA at www.fafsa.ed.gov (step-by-step instructions are provided on this site). Filling out the FAFSA online allows you to get your Student Aid Report (SAR) sooner than with the paper application, and your FAFSA will be more accurate, since the online form has built-in edit checks to catch simple errors.

The following sources of financial aid are available to pharmacy students, though not all students will receive all types. 

Federal Work-Study

These funds allow eligible students to work on campus or in the community. Indicate your interest when filling out a FAFSA application.

Federal Family Education Loan Program (FFELP)
Pacific University participates in the Federal Family Education Loan Program (FFELP). This program offers incoming Doctor of Pharmacy students subsidized and unsubsidized loans. Students who demonstrate need are eligible to borrow subsidized Federal Direct Stafford Loans; students who do not show need or who have remaining unmet need are eligible to borrow unsubsidized Federal Direct Stafford Loans. Subsidized loans do not accrue interest while students are enrolled and for a six-month grace period afterward. Unsubsidized loans begin accruing interest when they are disbursed. Doctor of Pharmacy can borrow up to $33,000 per academic year. The interest rate will be fixed at 6.8%.

Other Loan Resources

Alternative Loans: These are loans offered by lenders and institutions for educational expenses.  These loans are not guaranteed student loans – lenders and institutions have varying credit approval criteria that must be met by loan applicants.  These loans have a variable interest rate.

Federal Grant Plus Loans: These loans are offered from various lenders and institutions for educational expenses and have varying credit approval criteria that must be met by the loan applicants.  These loans have a fixed 8.5% interest rate

 

Federal Health Professions Student Loan: This is a a federal student loan program available to pharmacy students with low to moderate income and with parents who have low to moderate income.  Parental information and parent FAFSA signature must be provided for eligibility to be determined.  This loan has a fixed 5% interest rate.

Questions?

Please contact the Financial Aid Office via telephone at 503.352.2222 or 877.PAC.UNIV ext 2222 or via email at financialaid@pacificu.edu