Several educational loan options are available for students in the Master of Acupuncture program. We highly recommend applying for financial aid at the same time as you file your admissions application to ensure prompt arrival of loan funds. For specific information and questions, please contact our Financial Aid Counselor, Sue Steininger at She is happy to speak with you regarding the financial aid process.

Please note that the Chinese Herbal Studies Program is not eligible for financial aid.

Federal Stafford Loans

The Federal Stafford Loan is available to those students in the Master of Acupuncture program who qualify. In order to begin the process, all students must fill out the Free Application for Financial Aid (FAFSA form). This can be done online at Please remember when you file your form to enter the Academy’s school code.

The Academy’s school code is: 041335.

Loans of up to $20,500 per academic year are available from the federal government to cover the cost of tuition and fees. As of July 2012, subsidized Stafford Loans are no longer available to graduate students. All Stafford Loans are now unsubsidized. This means that you are responsible for the interest of the loan from the time it is dispersed until the time it is paid in full. You may choose to pay the interest while in school, or allow it to be added to the principal amount of the loan. Interest rates are variable and subject to change.

Repayment of a Stafford Loan begins after withdrawal or completion of the program. There is a six-month grace period for loan repayment.

Federal Graduate PLUS Loans

The Graduate PLUS Loan is also available to students who qualify. In order to be eligible, you must have already applied for the maximum amount of the Stafford Loan for that academic year ($20,500) before applying for the Graduate PLUS Loan. Please be advised that approval for a Graduate PLUS Loan requires a credit check in addition to the regular FAFSA process. The amount available to students varies by state and interest on Graduate PLUS Loans begins to accumulate from the day the loan was originally dispersed. For specific information on Graduate PLUS Loans, please contact Financial Aid.

Veterans’ Administration Educational Benefits

The Academy’s program is approved for Veterans Educational Benefits by the State Approving Agency. Please contact your VA counselor or representative to determine which VA Benefit program you qualify for. It is important to determine this information early as we will need it in order to begin the certification process once you are accepted.

For any student using US Department of Veterans Affairs or Vocational Rehabilitation and Employment benefits, while VA payment is pending, the Academy will not:
• prevent the student’s enrollment
• assess a late penalty fee to the student
• require the student to secure alternative or additional funding
• deny the student access to any resources available to other students who have satisfied their tuition and fee bills the Academy

However, to qualify for this provision, the student may be required to:
• produce the VA Certificate of Eligibility (COE) by the first day of class
• provide a written request to be certified
• provide additional information needed to properly certify the enrollment as described in other institutional policies.

Return of Funds for Withdrawing Students

If a student receiving federal financial aid withdraws from the Master of Acupuncture program, the school is required to calculate the amount of federal loan money that must be returned to the government in accordance with Title IV federal regulations. The amount returned will depend on the amount dispersed to the student, the number of didactic days in the loan period and the student’s official withdrawal date. The official withdrawal date is the date upon which the Academy receives written notice or provides written notice to the student.

Students may accrue balances due to the Academy after federal monies have been returned to the government. Students are responsible for any balance owed to the Academy.