Financial Aid Summary

Semester Calendar Year: Berkeley College’s calendar includes three terms organized on the semester system. The fall semester begins in September, followed by the winter semester in January, and the spring semester in April.

Standard Academic Year: Certain types of aid are pre-determined and distributed over the course of an academic year. A standard academic year (two consecutive semesters) is comprised of two terms totaling 30 weeks.

Award Year: Federal grants and loans are processed using a Borrower-Based Award Year (“Award Year”). Two consecutive semesters constitute one Award Year. Students are re-packaged at the beginning of every new Award Year.

Award Maximum Allowed Per Award Year
Federal Direct Unsubsidized Stafford Loan (FDUSL) Up to $20,500
Federal Direct Grad Plus Up to the cost of attendance minus other financial aid/assistance and other resources
Federal Work Study (FWS) Awards vary
Veterans’ Benefits Awards vary
Federal Aid to Native Americans Awards vary
Social Security Benefits Awards vary
Berkeley College MBA Alumni Grant 25% of tuition
Berkeley College MBA Veterans Award 50% tuition grant after VA benefits have been exhausted. Packaged every award year for each semester until student completes his or her degree.
Berkeley College Law Enforcement Scholarship 50% tuition grant per award year
Corporate Learning Partnership Scholarship 30% of tuition