Financial Aid Options
Students are expected to pay their tuition bill in full on or before the first day of classes of each semester/term. MTS–Michigan does, however, realize that some students may need financial assistance to meet this payment commitment and has provided the following options:
Scholarships - Some scholarships are available to students. We would encourage all students to review these programs and take advantage of these opportunities, avoid education loans, and help reduce overall tuition costs. Not all scholarship options, however, are available each semester.
Federal Loans - As of January 1, 2010, MTS–Michigan no longer participates in the Family Federal Education Loan (FFEL) program. MTS–Michigan does maintain eligibility so that students can elect to defer loan repayment until after graduation.
Payment Plans - Those students needing to spread their tuition costs over a semester can do so by establishing a Moody Payment Plan. Application for this plan can be accessed through the student portal (my.moody.edu) once a student has been accepted. Call the Student Receivables Coordinator at (312) 329-4212 for further information or questions. All tuition, fees, and other charges incurred during a semester must be paid in full prior to registering for a subsequent semester.
If you have questions about our financial aid options, call the Student Services Office at 734-207-9581, ext. 305.