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Interamericana University Optometry
Financial Information

It is our commitment to provide an excellent service along with the proper financial aid to help you cover the costs of the Optometry Program. Students who meet the eligibility requirements are offered the combination of aids that best meets their needs.

How to Apply for Financial Aid

Step 1

Get an FSA ID (account username and password) and complete your Free Application for Federal Student Aid (FAFSA) on studentaid.gov. Use our School Code G42510.

Step 2

Attend to a Direct Loan Orientation Session

Step 3

Complete the Entrance Counseling on www.studentaid.gov. The EC is a mandatory information session that explains your rights and responsibilities as a borrower (only new students or if you are applying for financial aid first time in the School).

Step 4

Review your Financial Aid Offer on the InterWeb to accept, reduce, and/or decline your award(s) and fulfill all loan requirements before your financial aid can be credited to your student account.

Step 5

Complete the Master Promissory Note (MPN) on www.studentaid.gov. The MPN is a legal document that lists the terms and conditions under which you agree to repay the loan and explains your rights and responsibilities as a borrower (only new students or if you are applying for financial aid first time in the School).

Step 6

Accept the Registration Charges for the semester. Please refer to the Academic Calendar for deadlines.

Financial Aid Requirements

Students must meet all of the following criteria to be eligible to receive federal student aid:

  • Be a United States citizen or eligible non-citizen
  • Have a valid Social Security number
  • Be enrolled at least as a half time student
  • Not be in default in any previous student loans
  • Maintain Satisfactory Academic Progress
  • Have a high school diploma or a recognized equivalent
  • Be enrolled as a regular student

Financial Aid Programs

Federal Direct Unsubsidized Loans

Financial need is not required. The student must be enrolled at least half-time. The borrower is responsible for interest during all periods.

Fixed interest rate of 7.05% for loans first disbursed between July 1, 2023, and June 30, 2024.

Origination Fee: 1.057% for loans first disbursed up to September 30, 2024.

The Annual Loan Limit for students of health professions is $40,500 The Aggregate Loan Limit for combined Subsidized/Unsubsidized loans is $224,000.

Federal Graduate PLUS Loan

Financial need is not required. The student must be enrolled at least half-time. A credit check is required for a Plus loan. The borrower is responsible for interest during all periods. The maximum annual amount is the student’s cost of attendance minus any other financial aid received.

Fixed interest rate of 8.05% for loans first disbursed between July 1, 2023, and June 30, 2024

Origination Fee: 4.228% for loans first disbursed up to September 30, 2023.

Institutional Scholarships

Every year an amount of Institutional funds is assigned to award scholarships to students with financial needs. Funds are also used to meet exceptional situations presented by students.

Alternative Loans

These loans provide supplemental funding when other financial aids do not cover costs. Alternative loans are also known as private loans and are offered by private lenders (banks or other financial institutions). These loans usually require a credit check. Students should first check on federal loan eligibility.

Cost of Attendance

ESTIMATED COST OF ATTENDANCE 2023-2024

ITEMSFIRST-YEARSECOND-YEARTHIRD-YEARFOURTH-YEAR
Tuition$30,000$29,500$29,000$28,500
Fees$1,140$1,102$4,515$4,820
Books, Supplies & Equipment$7,243$7,135$1,938$599

Room on Campus

Room off Campus

$6,500

$7,793

$6,500

$7,793

$6,500

$7,793

$ 8,872

Food

Food Independent living
with parents

$6,382

$4,559

$6,382

$4,559

$6,382

$4,559

$6,382
Miscellaneous Personal Expenses$4,524$4,524$4,524$4,524
Professional Credential$0.00$0.00$3,355$3,660
Transportation$2,909$2,909$2,909$2,909
TOTALS for Independent living on Campus$58,698$58,052$59,123n/a
TOTALS for Independent living off Campus$59,991$59,345$60,416$60,266

Tuition, Fees and Other Charges

TUITION, FEES, AND OTHER CHARGES 2023-2024
TUITION
Admission – Master in Science in Public Health
$ 31.00 with application

Regular Students

First Year

Second Year

Third Year

Fourth Year

Master in Science in Public Health

 

$30,000.00 annual (two semesters & June)

$29,500.00 annual (two semesters)

$29,000.00 annual (two semesters & July)

$28,500.00 annual (two semesters)

$227.00 per credit hour

Summer & Special Students $1,500.00 per credit hour
Auditing Without Credit50% of the regular per credit cost of special students
FEES
General Fees

$60.00 per semester

$50.00 per summer session

$40.00 per trimester

Students and Cultural Activities Fees/
Student Council

$62.00 per semester

N/A summer

$42.00 per trimester

Center for Access to Information

$40.00 per semester

$12.00 per summer session

$27.00 per trimester

Infrastructure

$100.00 per semester

$55.00 per summer session

$67.00 per trimester

Construction, Improvements and
Maintenance

$63.00 per semester

$31.00 per summer session

$44.00 per trimester

Goods and Services Fees

$55.00 per semester

$28.00 per summer session

$37.00 per trimester

Laboratory Fees$38.00 per course requiring it
Clinic Fees (per course requiring it)

$38.00 1st and 2nd year

$200.00 3rd and 4th year

OTHER FEES
Late registration $50.00 at the moment of registration
Withdrawal or Changes in courses$6.00 upon withdrawal or change (during reimbursement period only)
Deferred Payment Arrangement$6.00 upon arrangement
Late payment on Deferred Payment (when lateness occurs)$25.00 for each installment
Charge made by IUPR or the company contracted by the
University for processing payments by checks received from
students
$26.00 per returned check
Incomplete Removal
$19.00 per course

Transcript of Credits

Electronic Transcripts

$6.00 per transcript

$10.00 per transcript

Graduation

$200.00 with application

$100.00 Master Science in Public Health

Late final examination$19.00 per examination
Identification Card Replacement$7.00 with application
Academic Evaluation Fee$10.00 with application
Vehicles Access & Parking Fee

$30.00 per semester or trimester

N/A summer session

Study Certifications
$2.00 for each application
Course additions or changes of one course by another$6.00 upon change
HOUSING
Contracts are signed for a period of five months, at a monthly rate of $650.00
Total Cost per room

$3,250.00 per semester

$650.00 per summer session

$1,950 per trimester

Admission Fee for Housing   $25.00 with the application
Refunds: If for some reason the student leaves the Residence Hall before the end of the signed contract, both the current and the following month will not be refunded.

Changes in Tuition and Fees

The University reserves the right to review the charges whenever:

  • There is an increase in educational and general expenses and/or mandatory transfers,
  • Budget projections indicate a possible increase in these costs, and/or
  • After careful analysis of any particular situation, the University administration determines that such changes are reasonable and justified.

Exit Counseling

Exit Counseling is mandatory for any student borrower who drop below half-time enrollment, graduate, or leaves school.

Important Information

Verification Documents

Please upload your verification documents 2021-2022 HERE

Request for Professional Judgment

Please select the following link to complete the Request for Professional Judgment https://www.inter.edu/uploaddocjuicioprofesional/

If you need the form in English, contact the Financial Aid Office at financialaid@opto.inter.edu

NSLDS Disclosure Students and parents who enter into a loan agreement with Federal Direct Loans will have their loan information submitted to NSLDS (the National Student Loans Data System) which is accessible by authorized agencies, lenders, and institutions.

Contact Information

Raquel Rojas, Registration Services Officer

787-765-1915 ext. 1021
rrojas@opto.inter.edu

financialaid@opto.inter.edu

Sirimarie Martinez Director of Student Services (Admissions and Financial Aid)

787-765-1915 ext. 1020
smartinez@opto.inter.edu