At Minneapolis Business College, we understand the fear that you won’t be able to afford your education. To help, we offer, at no additional cost, individualized assistance in developing a financial plan that works for you. Our experience is that almost everyone who wants to attend Minneapolis Business College can afford it.
Although the total cost varies from program to program, there are some common features that help make them affordable. Tuition rates do not increase for an individual student each year if the student remains enrolled full-time. Residence living, books, and supplies can also be included in a financial plan.
There are several types of financial aid programs available for those who qualify:
• Federal Pell Grants
• Federal Supplemental Educational Opportunity Grants
• Federal Direct Subsidized Stafford Loans
• Federal Direct Unsubsidized Stafford Loans
• Federal Direct PLUS Loans (Parent Loans)
• Federal Perkins Loans
• Minnesota SELF Loans
• Minnesota State Grants
• Alternative and Personal Loans
• Installment Payment Plans
In addition, Minneapolis Business College is certified to process Veterans Education Benefits such as the Post 9/11 GI Bill. MBC also works with various governmental agencies including the Minnesota Workforce Center to process state assistance through the Dislocated Worker and Vocational Rehabilitation Programs.
Each type of financial aid program has its own set of criteria and rules. Awards can vary based on each person’s and each family’s situation. Some programs require applying by a deadline.
We understand that financial aid can seem confusing and that you want to optimize your financial aid eligibility. You will have an individually-assigned representative at Minneapolis Business College. He or she can help answer your questions, assist you in understanding applications, gather information, and develop an individual financial plan that works best for you.
FINANCIAL AID FAQ
To learn more about Minneapolis Business College’s financial planning services, schedule a time to come visit us soon!
Net Price Calculator
Our calculator can help you get a rough idea of the cost of attending Minneapolis Business College. There are many factors that affect your financial aid eligibility that may not be accounted for in the calculator. We encourage you to schedule a visit to the school so our admissions team can meet with you and discuss your financial aid eligibility.