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Please see the following pages for information about additional work and funding resources:
Throughout the student’s education, the Office of Student Financial Services is available to discuss indebtedness, budgeting, and financial management. Graduating students should be aware of the requirements of the various external student loan programs in which they may have participated. It is important to maintain contact with ISMMS and the appropriate lending institutions, to understand each loan program, and to plan for repayment.
Entrance Counseling: Student requesting federal student loans must complete online federal entrance counseling. Students are also able to meet with staff in the Office of Student Financial Services for support with financial management and budgeting.
Exit Counseling: Student loan borrowers are required to complete federal exit counseling prior to graduation or separation from ISMMS. Students are encouraged to schedule a one-on-one debt counseling sessions with the Office of Student Financial Services for more personalized support.
PhD and MD/PhD in Biomedical Sciences or Neuroscience: It is Graduate School policy that all students be supported for the activities involved in their training program and that their program activities represent a full-time commitment. Students with a unique need for securing additional funds should contact the Office of Financial Services for guidance. The Graduate School will try to help find activities that do not conflict with the student's program and also complement the student's educational advancement. If a research mentor helps a student with a unique need to secure additional funds, it is required that the student be assigned specific documentable activities distinct from those involved in the correlated training program.
Any request to pay a student additional funds, or any payment arrangement not otherwise covered in this Handbook, must be approved in advance by the Dean of the Graduate School; such approval should be requested by the faculty member or departmental administrator, by sending an email outlining the proposed arrangement to . Additional detail may be requested of the research mentor or department by the Graduate School. Failure to obtain prior approval will jeopardize the student’s total funding package.
Students, faculty members, or departmental staff may contact the Graduate School administrative office at with questions about options for special payments to such students, prior to entering into any such arrangement.
Tuition is charged for all students, including those who are employees of Mount Sinai.
An employee of Mount Sinai who wishes to take a course in the Graduate School must formally register for the course. To register for a course, a student must be either enrolled in a GSBS degree program or registered as a non-matriculant student through the Registrar’s Office.
Certain non-faculty employees of Mount Sinai are eligible for a tuition reimbursement benefit, processed through Human Resources, of up to $2,400 per calendar year. (This benefit is a reimbursement program—not a waiver.) Students who are eligible for this benefit must avail themselves of it prior to requesting any tuition waiver from the Graduate School.
Under certain circumstances, the Dean of the Graduate School of Biomedical Sciences may waive partial or full tuition for one or more courses for a Mount Sinai employee. (For example, a research technician at Mount Sinai who has an interest in pursuing a PhD at Mount Sinai may request a waiver to enroll in a PhD-level course.)
To apply for such a tuition waiver, the employee must obtain a brief written statement of support from the employee’s supervisor, as well as the signature of the Course Director. The student should then submit a written request, with these items attached, addressed to the Dean of the Graduate School, via email to . The request should describe the reasons for enrolling in the course and how it fits into the student’s long-term goals for graduate training. The student also should state whether they will be receiving any other tuition reimbursement for which they are eligible. The deadline to apply for such a waiver from the Graduate School is one week prior to the start of the course.
The maximum number of credits that will be approved for a tuition waiver is 12.
Courses offered by the Master’s in Healthcare Delivery Leadership program (i.e., courses with a HCD course code), are not eligible for a tuition waiver.
refers to the satisfactory of program requirements as established by the Graduate School. Federal regulations require that students receiving federal aid make satisfactory academic progress (SAP) in accordance with these standards set by the institution in order to be eligible for federal grants and loans.
The Department of Enrollment Services, in addition to the Graduate School, will assess each student’s academic progress on a term basis. A student who fails to meet one or more of the standards for SAP will be ineligible for financial aid. Students on Academic Probation will be placed on Financial Aid Probation. If a student failed to return to good academic standing after one term, the student will no longer be eligible for financial aid in subsequent terms.
If the Committee for Academic Review and/or Program Academic Committee approves a remediation plan for the student that is no more than one year in length, a student can be placed back on financial aid probation and receive financial aid. Failure to meet the terms of the remediation plan will result in a student’s return to financial aid ineligibility. A student will be removed from financial aid probation and/or be eligible again for financial aid when he/she/they has met SAP. A student who does not meet the SAP requirements by the end of the financial aid probationary period is again ineligible for financial aid.
For all students in all programs, the Satisfactory Academic Progress for Financial Aid Policy requires the maintenance of a cumulative grade point average of 3.0 or higher as well as timely progress towards the degree. All programs also have Program Specific Satisfactory Academic Progress policies, including their Time-to-Degree Policy and these are detailed in their corresponding section of the Academic Policies Section of this Handbook.
Financial Aid is managed by the Office of Student Financial Services, and information on the financial aid application process is found on this office’s website.
Admission to ISMMS is need-blind and not contingent upon a student’s financial profile.
Degree-seeking students who wish to apply for federal loans to cover the cost of attendance must complete the Institutional Application for Graduate School Students as well as the FAFSA. Applications are required annually.
Periodically, the Graduate School or one of its programs may have part-time positions available for students who wish to assist with research or administrative work. Such opportunities are typically advertised to students through email announcement.
For such a position, an applicant must be a current student enrolled in a Mount Sinai program that does not pay direct compensation as a part of the program’s funding package. (Students in compensation-bearing programs are typically not eligible for such positions.) Students seeking such positions may not be otherwise employed by Mount Sinai in a non-student position.
In many cases, such positions may be funded by the Federal Work Study (FWS) program. Students must verify eligibility for FWS positions through the Office of Student Financial Services.
Students receiving financial aid should consult with the Office of Student Financial Services before accepting any campus job, to determine whether doing so will affect aid.
International students should consult with the Office of International Personnel to confirm eligibility and possible impact on visa status prior to accepting any type of employment.
All graduate students are eligible for travel award funding, to support their participation in and presentation at major conferences and meetings directly relevant to their academic activities. Specific eligibility and funding criteria vary by program. For students working in a lab under a faculty research mentor, GSBS travel awards are intended to complement support available from the faculty mentor. For additional information, contact the Office of Student Affairs at TheGraduateSchoolOffice@mssm.edu.