Cost & Aid – Additional information Template, 2026-2027

Your potential personal expenses, transportation, books, and supplies may cost an additional $4,800 per semester.

Your potential personal expenses, transportation, books, and supplies may cost an additional $8,500 per semester.

Your potential personal expenses, transportation, books, and supplies may cost an additional $8,500 per semester. For example, on campus housing is $3,700 per semester.

The Free Application for Federal Student Aid (FAFSA) determines eligibility for federal student loans.

Grants and scholarship combines MIU scholarship and federal grants based on the Free Application for Federal Student Aid (FAFSA).

Students may apply for up to $3,000 per semester scholarship based on documented financial need using an application available after applying to the university.

Students are responsible for travel, but the cost of housing and meals is covered by the tuition.

Planned to take place at our Fairfield, IA, campus during the last semester. Students are responsible for travel and accommodation costs.

There are a variety of money-saving tax benefits to assist in reducing the cost of education expenses. More about education tax benefits.

For questions regarding Veterans Benefits, please contact Tal Ron, our Veterans Certifying Official and Director of Financial Aid, at tron@miu.edu or 641-472-1156.

Payments are a fixed amount that ensures your loans are paid off within 10 years (within 10 to 30 years for Consolidation Loans).

Payments may be fixed or graduated and will ensure that your loans are paid off within 25 years.

Payments are lower at first and then increase, usually every two years, and are for an amount that will ensure your loans are paid off within 10 years (within 10 to 30 years for Consolidation Loans).

Your monthly payments will be either 10 or 15 percent of discretionary income (depending on when you received your first loans), but never more than you would have paid under the 10-year Standard Repayment Plan.

Payments are recalculated each year and are based on your updated income, family size, and the total amount of your Direct Loans. Any outstanding balance will be forgiven if you haven’t repaid your loan in full after 25 years.

Your monthly payment is based on annual income, but your loan will be paid in full within 15 years.