Paying for your Midwifery Education |
Paying for your midwifery education and working out the financial concerns of being a student is
an important part of your midwifery journey and careful planning is essential.
Funding available $1,000 towards tuition.
It is a simple fact, the midwifery education offered by Michigan School
of Traditional Midwifery is not only exceptional in quality, our tuition
is extremely reasonable.
Our goal has always been to keep our programs affordable and we have managed to do just that
over the years, through thick and thin, without compromising the value of our programs.
The difficult economy we all face makes it more important than ever before to plan ahead, be
thrifty, and look for creative ways to finance your education. Just be realistic. Education is an investment,
and as such, there will certainly be out of pocket costs even if you are able to get assistance or
Scholarships & Grants
Michigan School of Traditional Midwifery offers valuable
grants and awards for the Traditional Midwifery program.
Educational scholarships are also sometimes available from local church groups. In some cases, those
scholarships are available even to people beyond the congregational community. Every church group is different, so
do your research. As well, most communities have special interest groups who also might be a resource for you.
In appreciation for any
assistance you might acquire, consider volunteering several times
for one of the special interest projects hosted by that church or organization.
MSTM offers a payment plan to help students get started.
This payment plan requires an application review
and personal interview for approval, and requires a down payment.
Throughout the year, enrollment discounts are periodically offered in the form of coupons
which, when offered, are included in the school catalog. These specials are not advertised elsewhere.
Discount coupons are generally offered for the Traditional Midwifery academic program only, and can be
worth up to several hundred dollars off enrollment. However, these discounts may not be used
with MSTM's payment plan, nor can they be used with scholarship awards.
MSTM Midwifery Loans - Traditional Midwifery academic program only
Terms of loan: Loans are offered at 4% interest with low monthly payments. Payments begin upon
This loan is only available for full tuition payment. It is
not available for use with Scholarships, Awards, Grants or Enrollment Discounts.
Michigan School of Traditional Midwifery student loans are not Federally funded.
Visa - MasterCard - American Express
Michigan School of Traditional Midwifery accepts tuition payment through Visa, MasterCard and American Express.
Please contact the school for more information.
Consider making your need for educational financial assistance known to your immediate and extended
family members. Holiday and birthday gifts could be a good resource. Remember, show
your sincere appreciation
by sending a timely thank you card with a heart-felt, hand written note of gratitude. Money is not
something that is easily available to most people, and
a monetary gift of any amount is a loving and thoughtful gesture.
Credit Unions might be a source to acquire a low interest personal loan.
Students may be able to find money for their education through alternative loan sources.
Many lenders offer private loans to help students cover allowable educational expenses.
These loans are often referred to as “private” or “alternative loans”.
Such loans are not part of Federal government loan programs and terms may
vary according to the lender.
If you are considering an alternative loan, we strongly encourage you to carefully
research and compare different lenders to choose the loan that is best for your circumstances.
Remember, interest rates, fees, repayment periods, rebates, etc. may vary according to the lender
and/or the loan program. In order to remain competitive, lending institutions
often reevaluate and adjust their alternative loan programs.
Students may select the lender of their choice.
Finaid.org maintains a
thorough list of private lenders. Finaid.org
is solely responsible for the updating, accuracy and all content of
their lists and information.
At the present time
MSTM does not accept VA benefits or other government funding programs. Students do
not participate in Federally funded financial aid programs available through the
United States Department of Education and thus we do not
issue a Form 1098T as indicated by IRS Publication 970.
General student loan information
be found here:
Private Student Loans
Order an MSTM Catalog