Funding Your Education

Hood College provides services to veterans and dependents of veterans (who are eligible for educational benefits), including the Yellow Ribbon Scholarship Program. Information about veterans’ benefits is available through the Office of Financial Aid. 

Active duty soldiers at Fort Detrick who qualify for tuition assistance are eligible for Hood College’s Fort Detrick tuition waiver program, which fully covers tuition for our certificate and master’s programs. Learn more here.

To apply for a Federal Direct Unsubsidized Graduate Loan (up to $20,500 maximum eligibility): 

You may also choose to apply for a Private Alternative Education Loan.

Please note that graduate certificate programs are eligible for loans. 

For more information about financing your graduate studies, please contact the Hood College Office of Financial Aid at Finaid@hood.edu. 

Payment Plan 

Hood College offers you the option of paying tuition bills over a four-to-five-month period covering one semester. View instructions on how to sign up for the Payment Plan 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. 

Detailed information regarding the Hood College Payment Plan, including the last day to enroll and the date the payments will be processed, is available here. All registrations will be done online. Unfortunately, we are not able to offer a payment plan option for the summer sessions. 

Please contact Accounting Services with any questions or concerns.  

Tuition Repayment 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.