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Tuition and Financial Aid

Financing your Holy Apostles education


The cost of a college education can be a key factor in choosing which school to attend.  Holy Apostles provides quality education at a price that is affordable for all of our students.  

(residential, commuters, online learning)
(commuters and online learning)
Total per 3 credit course $1,335   Total per 3 credit course $1,050

For a complete breakdown of tuition rates, please refer to this tuition guide.

Federal Financial Aid

Direct Loans are the primary loans available and offered.  The lender is the federal government.

Students enrolled in undergraduate programs may be eligible for:

  • Federal Pell Grants                        (Gift and Need Based)
  • Federal Direct Subsidized Loans     (Need Based)             3.86%* fixed interest
  • Federal Direct Unsubsidized Loans  (Non-Need Based)      3.86%** fixed interest
  • Federal Direct Parent PLUS Loan    (Non-Need Based)      6.41% fixed interest

*Interest starts to accrue at time of repayment.

**Interest starts to accrue at disbursement.

Graduate students are eligible to apply for:

  • Federal Unsubsidized Loans only and if applicable            5.41%
  • Federal Direct Graduate PLUS Loan                                6.41%

If you are awarded a Direct Subsidized loan, based on need, the interest is paid by the government while you are at least a half time student in a matriculating program of study.

If you are awarded a Direct Unsubsidized Loan (non-need based), you pay all the interest, although you can have the payments deferred until after graduation. However, the deferred interest is added to the principal which makes the loan more expensive over time.  You are strongly encouraged to elect to pay the interest if at all possible.  

Maximum Annual Loan Limits


*Dependent Undergraduate Student

Independent Undergraduate Student


$3,500 subsidized plus $2,000 in unsubsidized loans

$9,500 - No more than $3,500 of this amount may be in subsidized loans.


$4,500 subsidized plus $2,000 in unsubsidized loans

$10,500 - No more than $4,500 of this amount may be in subsidized loans.

Third and Beyond

$5,500 subsidized plus $2,000 in unsubsidized loans

$12,500 - No more than $5,500 of this amount may be in subsidized loans.

*Dependent Students whose parents are denied a PLUS Loan are eligible for Independent Loan Limits

Important Notes on federal changes effective after July 1, 2014: 

  • The interest rate of 3.86% for subsidized loans has increased slightly to 4.66%.  The unsubsidized loan rate has changed from 3.86% to 4.66% for undergraduate students and from 5.41% to 6.21% for graduate students.  The difference between the two types of loans remains the same - the interest on subsidized loans are deferred while the student remains at least a half-time student (and also in deferment or forbearance while in repayment) while the unsubsidized loan starts to accrue interest from the time it is disbursed by the school and does not cease to accrue interest in the repayment period.
  • Subsidized loans will not be available to graduate students for the foreseeable future.  However loan limits remain the same.  
  • Effective 12/1/13, the Origination Fee to disburse a loan is 1.072% for subsidized and unsubsidized loans.  This originization fee changes to 1.073% effective 10/1/14. There are no rebates.
  • The interest on Subsidized Direct Loans will no longer be deferred during the grace period - this change took effect in July 2012.

150% Direct Subsidized Loan Limit (Effective July 1, 2013)

  • On July 6, 2012, the Moving Ahead for Progress in the 21st Century Act (MAP-21)(Public Law 112-141) was enacted and limits a first-time borrower's eligibility for Direct Subsidized Loans to a period not to exceed 150% of the length of the borrower's educational program. Under certain conditions, the provision also causes first-time borrowers who have exceeded the 150% limit to lose the interest subsidy on their Direct Subsidized Loans.  In May 2013, final regulations were disseminated.
  • NOTE: Only first-time borrowers on or after July 1, 2013 are subject to the new provision. Generally a first-time borrower is one who did not have an outstanding balance of principal or interest on a Direct Loan or on a FFEL Program Loan on July 1, 2013.

How this affects you: As outlined in your Entrance Counseling, the subsidized loan has slightly better terms than the unsubsidized: historically, the US Department of Education has paid the interest for a subsidized loan while you are in school at least half-time and the interest rate has generally been lower than the rate for unsubsidized loans. 

If you are a first-time borrower or have paid off previous loans, MAP-21 affects you by limiting the time period during which you can receive Direct Subsidized loans to 150% of the standard, published length of the program in which you are enrolled. For a 4-year bachelor’s degree program, the maximum period you can receive subsidized loans is 6 years (150% of 4 years = 6 years). The period used will be reduced for less than full-time study. Once you have received Direct Subsidized Loans for your maximum eligibility period, you may continue to receive Direct Unsubsidized loans and your subsidized loans may begin accruing interest.  

Congress wants to encourage students to obtain a degree within a reasonable time frame. We recommend you contact your advisor to help ensure you're enrolling in classes required to complete your degree and avoid excess withdrawals or retaking of coursework.  For detailed information, view the following link Information on the 150% Direct Subsidized Loan Limit, or contact the Financial Aid Office at 860-632-3020

Applying for Financial Aid

All students wishing to be considered for Federal Student Loans must fill out the federal application (FAFSA) (SCHOOL CODE 00138900).  Please watch/read the Seven Easy Steps to the 2014-2015 FAFSA: A Student's Guide to the Free Application for Federal Student Aid tutorial. Those parents interested in a Federal Parent PLUS Loan should access the Information Sheet and Request Form here.

  1. Free Application for Federal Student Aid (FAFSA) available online at the Federal Financial Aid Webpage
  2. Parent PLUS Loan Information Sheets
  3. Parent PLUS Loan Request Form


This preferred method offers FAFSA applicants, and parents of dependent applicants, the option to transfer tax return information from an IRS website directly into their FAFSA.  As long as this information remains unchanged after submission, federal verification is generally not required and HACS strongly encourages its' use. 

Signed copies of tax returns will no longer be acceptable documentation for verification.  An applicant who has not used the IRS Data Retrieval Tool to complete their FAFSA, or who has made changes to their FAFSA after its' use, will be required to obtain a Tax Transcript directly from the IRS.  Thus the IRS is the primary source of documentation per federal regulations that go into effect July 1, 2012.

New students are strongly encouraged to complete their FAFSA and HACS Financial Aid Application at least 60 days prior to the start of a new term.  Returning students should have their material in to the office no later than 30 days prior to the term's start date.

When all forms and related documents have been received by the Holy Apostles Financial Aid Department, the information will be reviewed and the student will be notified of the decision via an award letter after registering. However, it is recommended that students contact the Financial Aid Office prior to the start of term.  

All financial aid is based on need with the exception of the Federal Unsubsidized Stafford Loan and the Federal Parent PLUS/Grad PLUS.  Mandatory Entrance Loan Counseling and signing of the electronic Master Promissory Note can be accomplished electronically at  The student's federnal PIN # must be used. This information and more is contained within the Award Enclosure which is mailed with the student's Award Offer. 

Private Loans (aka Alternative Loans)

These are loans that are offered by private lenders and banks to assist students in bridging the gap between college costs and traditional financial aid resources, including the Parent PLUS loan. These are not loans that are federally guaranteed.

In general, a student must have an approved credit history. Other important factors that are considered are debt load and income. A co-signer may also be required.

Terms and conditions are set by each lender and the interest rates are variable with a specified cap as opposed to federal student loans that have a lower fixed interest rate.

Private loans are available up to the cost of attendance minus all other financial aid assistance.

As HAC’s cost of attendance is considerably lower than all other private institutions, in part because we are a commuter school, we do not offer a list of preferred lenders. Although Holy Apostles College has no affiliation with any private lenders, we will consider certifying a loan from any lender that a borrower should choose to work with on a case by case basis.  For information on the PLUS loan and all types of Direct loans go to


State Financial Aid Programs for Undergraduates

​CT Capitol Grant                                  (Need-Based)

​DC, MA, ME, NH, PA, RI, VT Grants  (Need-Based)

All state grants require students to complete the Free Application for Federal Student Aid.Students should check with their state’s department of education for additional application requirements.









Veterans (VA) Benefits

This college has 15 programs approved by the State Approving Agency for purposes of educational assistance from the US Department of Veterans Affairs (VA). These include undergraduate degrees, graduate degrees and graduate certificate programs.

New students need to contact VA at 1-888-442-4551 (press one for touchtone and then zero to reach a benefits counselor) or at to obtain information on benefits, to submit a question, to apply initially for benefits or to file a Request for a Change of Place of Training.

Students who are registered for courses in an approved program for an upcoming term need to contact the School Certifying Official, Debra Johnston, at 860.632.3020 to identify the part of the law under which they are claiming VA benefits, to provide their VA file number (and payee number if claiming benefits under Dependents Educational Assistance), and to request that she certify their enrollment to VA for the upcoming term. All inquiries about VA benefits should be submitted through the above points of contact.

Active military personnel should be advised that we have an up-to-date Memo of Understanding (MOU) on file with the Department of Defense and process benefits for all branches of the military. Contact the School Certifying Official as noted above.

Any student receiving VA/Military Benefits must maintain the minimum requirements of academic performance as cited in this catalog. Students receiving benefits must successfully complete all degree or certificate requirements within the allotted time span noted elsewhere in this catalog.

To ensure that a student receiving VA/Military Benefits is making the prescribed progress, the Office of the Registrar together with the School Certifying Official shall assess such progress at least once during each semester of enrollment.

Satisfactory Academic Regulations

To be eligible for financial aid, students must comply with all the Federal Financial Aid Academic Regulations noted elsewhere on this website and detailed in our online catalog.

Contact Information

For additional information regarding financial aid at Holy Apostles, students and parents may visit the Financial Aid Office or contact us by email or telephone:

Holy Apostles College & Seminary Email:
Financial Aid Office Phone: 860-632-3020
33 Prospect Hill Road  
Cromwell, CT 06416-2027  



(860) 632-3010