Financial Aid | Methodist College

Financial Aid

Methodist College offers a comprehensive range of need and merit based financial aid programs, including scholarships, grants, loans, and student employment. Applying for financial assistance and obtaining the necessary funding for college can be overwhelming and our Financial Aid Department can help you make the process seamless.

The most important step in securing financial assistance for your education is paying attention to important deadlines. Please be sure to review the information on the various pages that are contained in this section of our website for information on tuition and feeshow to apply for financial aid, determining financial need and your award package, financial aid programs, scholarships, and much more.

Methodist College Cohort Default Rate History

The cohort default rate, which measures the number of student loan borrowers from a given institution who default on their loans within three years of beginning repayment, is used by the Department of Education to determine a college's eligibility to participate in federal student aid programs.

 Fiscal Year Rate Type Rate
 2019 3YR Official 4%
 2018 3YR Official  5.7%
 2017 3YR Official 3.5%
 2016 3YR Official 6.4%
 2015 3YR Official 2.5%

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