QUICK REFERENCE: important financial aid info
College is one of the most important decisions of your life – and we know that the college funding process can be daunting. That's why our Financial Aid Advisors are knowledgeable, friendly, and responsive. Their purpose at Neumont is to explain each step in the funding process, answer all your questions, and help you develop a personalized plan that works for you and your family. Financial aid is available for those who qualify.
NEUMONT’S FAFSA CODE:
009948
Contact Financial Aid:
Call: 866-801-1300
Email: financialaid@neumont.edu
Net Price Calculator:
MASTER’S DEGREE IN APPLIED ARTIFICIAL INTELLIGENCE TUITION & FEES
Below are the tuition & fees associated with the Master’s Degree in Applied Artificial Intelligence. Please note that tuition and fees are subject to change.
FEE | DETAILS |
---|---|
TUITION DEPOSIT |
$100: |
FULL-TIME TUITION |
$3,750 per quarter: |
CREDIT HOUR TUITION |
$625: |
BOOKS & SUPPLIES |
$70: |
SCHOLARSHIP & GRANT INFORMATION
SCHOLARSHIP OR GRANT TYPE | DESCRIPTION |
---|---|
ALUMNI GRANT |
Neumont College alumni will be awarded an Alumni Grant up to $375 per quarter. No separate application is required. This is a grant and does not need to be repaid. |
NEUMONT BUSINESS AND EMPLOYEE PARTNERS SCHOLARSHIP | The Neumont Business and Employee Partners Scholarship is available to professionals in the tech industry and those collaborating with Neumont. This includes employees of Neumont business partners, state and government officials, other industry stakeholders, etc. Eligible recipients may receive up to $375 per quarter to support their graduate studies. |
GRADUATE DEGREE PROGRAM: COST OF ATTENDANCE
2024 - 2025 Academic Year
The Cost of Attendance (COA) is an estimate of school-related expenses that a student can expect to pay in one academic year. COA expenses include tuition and fees, books, supplies, course material and equipment, housing and food, transportation, and personal expenses. These components are determined in accordance with law, Higher Education Act of 1965, section 472, and are designed to cover the educational-related expenses of the student.
Off Campus
Direct Costs
Tuition & Fees = $11,250
Housing & Food = $9,891
inDirect Costs
Books, Course MaterialS, Supplies, Equipment = $70
Personal Expenses = $3,114
Total = $24,325
Students may access the Net Price Calculator to estimate financial aid and total cost of attendance.
All costs are subject to change without notice and are expected to increase annually. The Cost of Attendance is based on estimated figures and may not accurately reflect an individual students’ costs. The combination of the direct and indirect costs will be used to determine financial aid. Please note, this rate is based on a national average. Personal expenses include things like medical expenses, clothing, haircuts, telephone, and other utilities, etc. A student financial aid package may not exceed the students COA.
student loan options
After you've reduced your total cost of attendance with scholarships and grants, it's time to figure out how to cover the rest. Of course, you should first start with any savings, but if you still come up short, there are a variety of affordable federal and private loan options out there. These are loans and must be repaid.
Federal Direct Unsubsidized Loan: Direct Unsubsidized Loans are available to undergraduate and graduate students; there is no requirement to demonstrate financial need and the student is responsible for paying the accrued interest after repayment begins.
Private Student Loan: Private student loans may require a co-signer. Financial need is not required, but credit rating is a factor. Several interest rate options are available as well as some loan deferral options.
Direct Graduate PLUS: Federal Direct Graduate PLUS Loans are available to graduate students to help pay for all college costs after grants and scholarships. Student is responsible for accrued interest when repayment begins. Financial need is not required, but credit worthiness is a factor.
Neumont Institutional Loan Program: Neumont-funded student loan option reserved for students who are ineligible for a private student loan due to adverse credit and is serviced by an independent company called Tuition Options. Fund availability is limited.
OTHER FUNDING OPTIONS
VA Education and Training Benefits: More information about education benefits offered by the VA is available at the official U.S. government website at WWW.BENEFITS.VA.GOV/GIBILL. GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA).
Yellow Ribbon Match: Grant that is partially or fully funded by the Veterans Administration and Neumont.
Professional Judgement
Sometimes, special or unusual circumstances not reflected on your Free Application for Federal Student Aid (FAFSA) can affect your ability to pay for your education. In these situations, federal regulations allow financial aid administrators to use professional judgment on a case by case basis, with documentation, to make adjustments to the data elements on your FAFSA that may impact your Expected Family Contribution (EFC). You may request an adjustment to the FAFSA data elements based on special or unusual circumstances. If you have a special or unusual circumstance and you would like to request a review, please reach out to your Financial Aid Advisor or email Financialaid@neumont.edu.
Special Circumstances refer to the financial situations that justify data elements to be adjusted. For example: Loss of job
Unusual circumstances refer to the conditions that justify an adjustment to a student’s dependency status based on a unique situation, more commonly referred to as dependency override. Examples that warrant an adjustment include but are not limited to: parental abandonment, human trafficking, refugee and asylee status, parent incarceration.
FREQUENTLY
ASKED QUESTIONS
Loan Default Rate
Neumont is required to publish the institution’s loan default rate for federal loans. The current institutional default rate is 0.0%
FINANCIAL AID Team
KYLee CHALK
Associate Director of Financial Aid
Kylee has worked in higher education for nine years, working seven of those years at Neumont. She assists all current students with reapplying for financial aid every subsequent academic. She hosts many financial aid workshops to educate students on the importance of their financial state as well as how to repay student loans. She works alongside Student Housing, Student Affairs, and the Registrar’s Office to assist in any student needs above and beyond financial aid.
education:
B.A. in Communications, Weber State University – Ogden, Utah
LESLIE TIPPETS
FINANCIAL AID ADVISOR
Leslie Tippets has been working in higher education for 10 years filling roles as an Admissions Supervisor, Director of Financial Aid and Compliance, and currently a Financial Aid Advisor. In her current position, Leslie’s responsibilities include financial aid counseling, packaging new students’ funding plans, providing financial aid counseling, and facilitating problem solving with students and their parents.
EDUCATION:
- Professional in Human Resources Certification, Salt Lake Community College – Salt Lake City, Utah
- Child Development Certification, Salt Lake Community College – Salt Lake City, Utah
MAUREEN RANKS
FINANCIAL AID ADVISOR
As a Financial Aid Advisor, Maureen works closely with incoming students and their families to help assess their financial aid needs and create a personalized funding plan for their Neumont education. Additionally, she assists current students to ensure their funding plan is on track throughout their duration here. Maureen brings to the role 13 years in higher education and her expertise in onboarding new students from her previous experience as an Admissions Officer with Neumont.
education:
AAB, Emphasis in Marketing, University of Phoenix – Phoenix, Arizona