Alternative Financing for Graduate Students

Contact Us

Office Hours:
Mon. - Fri., 9 a.m. - 5 p.m.
Phone: 617-879-2443
Fax: 617-879-2386

Please Note: Wheelock College and Boston University have reached an agreement to merge as of June 1, 2018. The merger will form the Wheelock College of Education & Human Development (WCEHD) at Boston University, where programs in early childhood and K-12 education will be offered.

TuitionPay Payment Plan
Alternative Loans (Note: this link redirects you to our Loans page.)

We encourage all students to consider using their maximum Federal Stafford loan eligibility prior to seeking any alternative loan as alternative loans are typically more expensive then Stafford Loans and there are many benefits associated with the Stafford loan program.

When financial aid does not meet the full annual expense of your Wheelock College program you may wish to pursue some form of alternative financing.  Below are some financing options that can help facilitate paying for your Wheelock College education.  A number of factors are important to consider when making decisions about educational financing.  Interest rates, fees, length of repayment period, total cost of financing, and quality of customer service should all be carefully weighed. 

Wheelock College Graduate students can choose to borrow through a Federal Loan program or to use a non-federal credit-based program, or to break out their payments evenly over several months using our TuitionPay payment plan or any combination thereof.  We encourage you to evaluate your situation and determine which features—low monthly payments, low cost of financing, flexible credit criteria, etc.—are most important to you, and to select a program that works best for you relative to those features. 

To help guide you through the student loan process we have provided you with a link to a useful website where you can get valuable information about loans, including many types of loan calculators and checklists.  We have also provided a direct link to a repayment calculator to help you estimate what your monthly payments might look like once you are in repayment. 


Effective February 14, 2010, lenders of private education loans are required to collect a completed and signed Self-Certification Form prior to disbursing the loan proceeds. Individual lenders are implementing their own procedures to comply with this new regulation, so you should contact your lender directly if you have specific questions about the process for submitting this form.

If you do not submit a completed and signed Self-Certification Form to your lender, your loan will not be disbursed.

What Information is Required on the Self-Certification Form?
To complete the Self-Certification Form, you will need to provide your demographic information as well as information about your total cost of attendance and estimated financial assistance.

Cost of Attendance
The total cost of a Wheelock College education includes direct expenses for which you are billed, such as tuition, fees, and charges for room and board, as well as estimates and allowances for indirect expenses such as books, supplies, transportation, and incidental and personal expenses.

The Wheelock Financial Aid Office uses this comprehensive cost figure when processing applications for financial aid and educational loans to ensure that a realistic and reasonable allowance is made for all expenses.

Visit the Graduate Cost of Attendance page for current tuition and other costs.

Estimated Financial Assistance
Financial aid applicants should refer to their award notification letter to obtain this information. Non-aid applicants should include any other loans that have been received and/or any outside scholarship or tuition benefits.

*Note: When reporting your estimated financial assistance on the Self-Certification Form, do not include the amount of the loan for which you are completing the form.

TuitionPay Payment Plan

The Wheelock College monthly payment plan, via the TuitionPay service, offers students a means of budgeting annual college costs with, or without, borrowing. Education expenses for the year are paid to TuitionPay in monthly installments, beginning June 1. There are no interest or finance charges. The only cost is a modest annual or per semester application fee depending on length of contract.  Because there are no interest charges, the total cost is significantly lower than you would incur with a loan.

For further information or to apply:
TuitionPay/Sallie Mae Corporation
PO Box 816
Swansea, MA 02777
508-235-2800 from outside the U.S.

inspire a world of good

200 Riverway, Boston, Massachusetts 02215
Contact Us | 617-879-2000

© 2017 Wheelock College is a registered trademark.