Financing Your Education
Employer Payment Plans
Many employers offer education reimbursement programs that may pay for some or all of an employee's tuition. Information about those programs is generally available through employer's Human Resources office.
Hood College has also developed special payment plans with two school districts.
- Teachers and staff in the Frederick County Public Schools (FCPS) may be eligible for the Direct Payment Tuition Plan.
- Teachers in the Montgomery County Public Schools (MCPS) Hood pursuing the Educational Leadership cohort program may take advantage of the special MCPS Plan.
More information regarding both plans can be found below.
Hood College offers a number of graduate assistantships (GAs) that provide tuition and/or stipends in exchange for teaching, research, coaching or other assistance to the College. Such assistantships provide full or partial tuition remission and are available in academics, athletics and student life. More information regarding Graduate Assistantships can be found below.
- The Association of Medical Diagnostics Manufacturers Scholarship The AMDM provides annual scholarships in the area of Regulatory Compliance for Hood College students. The funds are intended to assist students in need of financial support for their education and to contribute to the quality of future regulatory affairs professionals.
- The Biomedical Science Alumni Graduate Scholarship Established in 2019 by Ann L. Boyd, professor of biology, and supported by alumni of the biomedical science program, the scholarship shall be awarded annually to a graduate student enrolled in the program who works full-time, has completed at least 12 credits of coursework, and has a minimum GPA of 3.3, to assist with the cost of two academic classes per year.
- The Ceramic Arts & Technology Graduate Scholarship Established in 2013 by ceramics instructor Philip Berneburg, the scholarship fund shall be used to assist with student costs associated with taking graduate-level ceramic arts classes.
- The CHCI-United Health Foundation (UHF) Scholar-Intern Program This external scholarship is applicable to Hood Counseling graduate students interested in becoming primary care mental health professionals.
- The Community Foundation of Frederick County is committed to helping students who are pursuing a post-secondary education. Some scholarships are available to those enrolled or planning to enroll in graduate programs. To be considered for Community Foundation scholarships, applicants must complete the online application. Applications are generally due during the month of March each year. Visit their site for exact deadlines and requirements
- The Ifeoluwa O. Popoola M.S.’16 Scholarship Established in 2017 by Ifeoluwa O. Popoola M.S.’16, the scholarship is awarded annually to an international graduate student who exhibits academic excellence and financial need, and is enrolled full-time in the computer science and information technology graduate program.
- Hodson Trust Scholarships for Children of Former Beneficial Employees Children of former full-time Beneficial employees, with two or more years of service with Beneficial Corporation and its subsidiaries immediately prior to June 30, 1998 are potential candidates for these full-tuition scholarships for undergraduate and graduate study at Hood College. All scholarship recipients must be enrolled on a full-time basis
- The Philip Renauld II M.S.'83 Scholarship Established in 2016 by Philip S. Renaud II M.S.’83, the scholarship shall be awarded annually to undergraduate students with financial need majoring in business administration or accounting, and to graduate students with financial need in the Master of Business Administration program.
- The Sally Oros Graduate Counseling-Thanatology Scholarship Established in 2019, Hood College shall award a $690 scholarship each semester (fall and spring) to cover one course credit for a female graduate student enrolled in either the Counseling (clinical or school) graduate program, or pursuing a graduate certificate in Thanatology. The student must have a 3.3 or higher Hood GPA, and the scholarship may be awarded to a different student each academic year.
- Dr. Mary F. Kearney '96 and Dr. Ann L. Boyd STEM Scholarship is awarded to a female graduate student who exhibits academic excellence and financial need; and is enrolled in a STEM related graduate program
- Students residing in Maryland may be eligible for state awarded scholarships
- Sallie Mae offers a free Graduate School Scholarships search service
- The National Council of Teachers of Mathematics (NCTM) has several grants available to fund Math graduate coursework and classroom initiatives.
To apply for a Federal Direct Unsubsidized Graduate Loan (up to $20,500 maximum eligibility):
- Submit a FAFSA (Free Application for Federal Student Aid)
- Hood College’s federal school code is: 002076
- Apply for an FSA ID (username and password) and access your personal information
- First time borrowers at Hood must also complete both Direct Loan Entrance Counseling and a Direct Loan Master Promissory Note (MPN)
You may also choose to apply for a Private Alternative Education Loan.
Hood College offers families the option of paying tuition bills over a four or five month period covering one semester. Please view the instructions on how to sign up for the Payment Plan by clicking here.
Paying your tuition over a period of months allows you to avoid paying in one lump sum and prevents late fees from being applied to your student account. This monthly payment plan is administered by Nelnet Business Solutions and there is a nonrefundable application fee of $30 to participate in the plan. Payments will be made by debiting your checking or savings account or by credit card. For detailed information regarding the Hood College Monthly Payment Plan, including last day to enroll and the date the payments will be processed, please visit www.mycollegepaymentplan.com/hood. All registrations will be done online at www.hood.edu/paymentplan. Unfortunately, we are not able to offer a payment plan option for the summer sessions.
Please contact the accounting office at 301-696-3621 with any questions or concerns.
Tuition Prepayment Plan
Hood College offers a prepayment plan to students and parents who would like to lock-in the current tuition rate, thus guaranteeing savings by avoiding future rate increases. This plan is available to full-time undergraduate students who are not receiving need-based financial aid, and covers tuition and the comprehensive fee. Room, board and other fees cannot be prepaid and will be charged each semester at the prevailing rate.
To qualify for the prepayment plan, a lump sum payment for a two-, three- or four-year period must be made by August 1 for students entering in the fall semester and January 1 for students entering in the spring semester. A prepayment account will be established with automatic payments to the student’s account each semester. If the student withdraws from the College, a refund of the tuition and comprehensive fee for the current term will be made in accordance with the standard refund policy. Any prepaid funds for future years will be fully refunded. Students taking an official leave of absence of one year or less may either: continue participation in the prepayment plan as long as the unused prepayment amount remains deposited with the College, or cancel the prepayment plan and request a refund of the prepaid funds. If the leave of absence exceeds one year, the College will automatically cancel the prepayment plan and issue a refund of any prepaid amounts. Under no circumstances will the College pay interest on any portion of the deposited funds.
For more information regarding Hood College's tuition payment policies, please visit Accounting Services.
Graduate assistantships and workshops provide new and continuing students an opportunity to finance their graduate education, to pursue professional experience and to engage in the life of Hood College. These positions have a research, instruction, student life or administrative support component.
Hood College offers four types of positions:
- Spanish assistantships are designed for native speakers of Spanish to assist with language program activities. Language assistants are recruited by the faculty in the department of global languages and cultures. As part of the award, the assistants live in the Spanish House near campus.
- Academic assistantships present students the opportunity to provide teaching assistance, research assistance, conference and project planning, as well as other academic-related work with various academic departments and graduate programs on campus. Academic assistants receive 3 credits of tuition remission for 90 hours of work per semester.
- Student life workships involve activities with the athletics department, international student programming and the College chaplain, as well as with other programs within the student life division.
To be eligible, all students must be enrolled in at least 6 credits of graduate coursework per semester. New students must be unconditionally admitted to the Graduate School. Continuing students must maintain a 3.0 GPA. Due to the increased responsibilities, Global language studies students must maintain a 3.5 GPA for the Spanish Assistantship.
Assistantships are competitive positions and are open to degree-seeking graduate students. Students may apply for these positions for the fall semester. Some positions may become available in the spring semester. Students are encouraged to contact the individual programs, departments and offices directly regarding questions about the positions. (The Graduate School office does not have this specific information.) Hiring supervisors will directly contact selected applicants to schedule an interview.
All positions and job descriptions will be posted on the Hood College job openings page.
FCPS Direct Payment Program
Qualified Frederick County Public School (FCPS) employees are now able to take advantage of a financially friendly Direct Payment Program when enrolling in graduate courses at Hood College.
Developed collaboratively by Hood’s graduate school and FCPS, the Direct Pay eliminates paying tuition up front when registering for courses and then filing for reimbursement at the end of the semester. In most cases, the only out-of-pocket expenses approved FCPS employees pay are the comprehensive and lab fees.
Step One: Qualify
Submit the course request and tuition eligibility forms to the FCPS Human Resources office for approval.
Step Two: Register
Once approved, register for class(es) at Hood.
Step Three: Pay fees
Hood will invoice FCPS employees for any expenses beyond FCPS’ allowable reimbursement amount. Students who qualify for full tuition coverage from FCPS may pay as little as $115.
Step Four: Complete the course
Once students successfully complete the course(s) with a grade of “C” or better, FCPS and Hood reconcile tuition payments. Hood then sends FCPS the transcripts and sends students their course grades.
Student Accounts Manager & Accountant: Shauwney Anderson
FCPS Coordinator/ Human Resources: Sarah Ianacone
Hood College offers both the master of science degree and certification preparation program in Educational Leadership as a cohort through Montgomery County Public Schools (MCPS). Through the cohort, students begin and end the program as a closed learning community. Courses are held at MCPS locations and taught by current and former MCPS administrators.
The cohort program is offered in a prescribed accelerated format, offering one to two courses per term during eight-week periods. Students in the master”s degree program complete in three years, and students in the 18-credit certification program complete in two years. To simplify the enrollment process, students enrolled in the cohort program are automatically registered for the required coursework each semester.
The Hood College cohort program participates in what is known as MCPS Direct Pay. Each year, MCPS establishes a county-wide tuition rate, which historically approximates the Hood graduate tuition rate. Hood College bills MCPS cohort students at the beginning of each term for any tuition not covered by the MCPS tuition rate. MCPS then pays the county-wide tuition rate to Hood College upon the student’s successful completion of the coursework with a grade of B or higher. The out-of-pocket expense, if any, for MCPS cohort students is minimal. In addition, because courses are offered off campus, cohort students are waived from the comprehensive fee.
MCPS also offers tuition reimbursement for students who are not part of the Hood College Educational Leadership cohort program. Please check with your human resources department for additional information/eligibility requirements.
Visit the Educational Leadership page for more information about the program.
Director of Graduate Admissions: Christian DiGregorio, M.S.
Program Director: Daniel Shea
MCPS Coordinator: Sydney K. Pinkard