As a post-baccalaureate student, you are considered a fifth-year undergraduate student and are ineligible for federal and state grants. The financial aid office can help you obtain assistance with federal and private loans.


Federal Direct Stafford Loans

A long-term, low fixed-interest rate loan based on your grade level. Can be awarded in two forms:

  • Subsidized Stafford Loans
    Need-based. The federal government subsidizes (pays) the interest until the loan goes into repayment.
  • Unsubsidized Stafford Loans
    Not need-based. The federal government does not subsidize (pay) any interest. You have the option to pay interest while attending school or have interest accumulate and be capitalized at repayment.

Alternative Loans

Alternative loans allow you to borrow the remainder of what traditional financial aid programs do not cover. Loans may require a cosigner. Interest rates vary.

Learn about required loan counseling.


External Scholarships

Outside scholarships, many of which are based on merit or special criteria, are great options for funding your education. MCAD students are often awarded money by businesses, community groups, and religious organizations, to name a few.

Installment Payment Plan

You may be eligible to participate in a monthly payment plan once you are admitted and have submitted your tuition deposit.


See the Gainful Employment Disclosures for MCAD's graphic design certificate and interactive design and marketing certificate.