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Cost & Aid

US MFA in Screenwriting, 2020-21

This low-residency online program is generally three years in length
and features two five-day residencies each year at our Fairfield, Iowa,
campus. The cost of housing and meals for the residency is included in the tuition.

Annual Cost of Attendance and Typical Financial Aid
Tuition$19,560
Federal student loans–$19,560
Your payment$0
Optional: additional low-interest federal loans i-$14,000

  • Personal Expenses and Travel $14,000 in optional federal student loans may be available to those who qualify for personal living expenses and travel to the residencies. This type of loan requires an endorser if there is adverse credit.
  • Required Residencies Two residencies per year onsite at our Fairfield campus are required. Students are responsible for travel but the cost of housing and meals is covered by the tuition.
  • Optional Residency There is one optional residency in Los Angeles at the end of the program. Students are responsible for all costs.
  • Education Tax Incentives are available as money-saving tax benefits to assist in reducing your cost of education. More about education tax benefits
  • Veterans should contact the VA for information on Veterans Education Benefits. MIU is a Yellow Ribbon school. Our Veterans Certifying Official is our Director of Financial Aid.

Repayment Options

The repayment choices on federal student loans include the following:

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.

Questions? Our Financial Aid Office is happy to assist you. Contact us at finaid@miu.edu for a quick reply — normally one business day — or see more about financial aid.