Your browser does not support JavaScript! or JavaScript is currently disabled.

Protect Your Future with Financial Responsibility

Managing your finances today will ensure that you are poised for greater stability tomorrow. As you research your degree options at Capella, you can find valuable assistance from our enrollment counselors, who are extensively trained in education financing and ready to answer any questions. For more information, contact an enrollment counselor at 866.808.8681 or email us.

Learn more about credit ratings, create a personal budget, and discover strategies for staying within your budget.

Financing Options

Higher education may be closer than you think. There are funds available from a number of sources, including:

+ Capella Scholarships for New Students

New students in a variety of programs are eligible for Capella grants, which are typically disbursed over a number of quarters and do not have to be paid back.

Learn more about current Capella grants.

+ Capella Scholarships for Enrolled Students

Capella supports currently enrolled students through a range of scholarships. Most are offered once per year and funding is typically awarded based on an academic year, beginning with the fall quarter.

Learn more about available Capella scholarships.

+ Federal Student Loans

The following programs make federal funds available for education financing:

Federal Stafford Loan Program includes two types of loans:

Subsidized loans are awarded to bachelor’s students who demonstrate financial need. The government pays the interest on the loan while the borrower is enrolled at least half time and for a 6 month grace period after leaving school.

Unsubsidized loans are available to bachelor’s and graduate-level students without a requirement to demonstrate financial need. Borrowers are responsible for all interest from the time the loan is disbursed until it is paid in full.

Federal Grad PLUS Loans offer additional federal funding options for graduate-level students and parents of dependent bachelor’s students. A credit check is performed during the application process for a PLUS loan, but funds may be available for students with an adverse credit history if an endorser with acceptable credit is included in the loan application. Additionally, funds may be available to students who satisfactorily document extenuating circumstances relating to the adverse credit to the U.S. Department of Education.

Learn more about your federal financial aid options.

+ Non-Federal Private Loans

Non-federal private loans are credit-based loans used to bridge the financing gaps when other forms of aid are insufficient for the task. These loans are typically awarded based on credit worthiness, not financial need. We highly recommend that before seeking a private loan, you first contact a financial aid counselor to confirm that you are maximizing your Stafford and/or Grad PLUS options.

You can typically apply for private loans online, and your lender will send you notification of approval or denial within 24 hours of completing the application. If approved contact a Capella financial aid representative at 1.888.CAPELLA (1.888.227.3552) or at

Learn more about your financial aid options.

+ Federal Grants

The following grants provide federal funds that do not have to be paid back:

  • Federal Pell Grants of up to $5,645 per year are awarded to eligible bachelor’s students who demonstrate financial need.
  • FSEOG (Federal Supplemental Educational Opportunity Grant) of up to $4000 per year may be available to bachelor's students who demonstrate exceptional financial need.

Learn more about available federal grants.

+ Third-Party Scholarships

Capella accepts funds awarded through third-party scholarships, including career or service specific scholarships.

Learn more about available third-party scholarships.

Financial Responsibility

Protect your future by borrowing responsibly. While managing your finances during this time can be challenging, you can stay on track and maintain good credit with the right resources and planning:

Borrow Only What You Need

Incur less student loan debt by paying as you go, securing as much grant and scholarship funding, and borrowing as little as possible. Although it may be tempting to use all of the loan options that are available to you, take care to borrow as little as possible. When your repayment period begins, you will be rewarded with lower payments and greater financial freedom.

Plan Ahead for Loan Repayment

There are a variety of repayment plans available. Work with your lender to find the plan that best fits your budget and then make timely payments each month.

Learn more about student loan repayment .

Avoid Defaulting on Your Loan Payments

Failing to make timely payments on a student loan will eventually lead to default. Defaulting on your federal student loans can result in your tax refunds being withheld to pay your outstanding balance, wage garnishment, loss of eligibility for additional student loans, and a negative impact on your credit.

Find out what student loan default can mean for you .

We Are Here to Help

Capella provides support to keep students and alumni on track, academically and financially. We offer in-depth financial aid counseling as well as online resources like webinars, financial calculators, and more. Contact us at 866.808.8681 or email us with questions or concerns about financial aid and loan repayment.

Payment Options

Payment in full is due at the start of each quarter. You may make installment or partial payments as long as your quarterly tuition and any outstanding balances are paid prior to the start of the quarter.

We accept the following payment types:

  • Online Payment
  • Check
  • Credit Card
  • Domestic & International Wire