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B.S. in Actuarial Science

Otterbein University Course Catalogs

2014-2015 Graduate Catalog 
    Sep 28, 2021  
2014-2015 Graduate Catalog [Archived Catalog]

Financial Assistance

Satisfactory Academic Progress
MBA Students
Graduate Education Students
Graduate Nursing Students

Degree-seeking graduate students are eligible to be considered for a variety of loans. Three credit hour (half-time) enrollment is required for federal student loans. Graduate students enrolled in non-degree, licensure, or certificate programs should contact the Office of Financial Aid to determine eligibility for federal financial aid.

To Apply for Financial Aid at Otterbein:

  • Apply for a PIN with the U.S. Department of Education (USDE) at This personal identification number is necessary to use various USDE online systems and to electronically sign the Free Application for Federal Student Aid (FAFSA).
  • File the FAFSA electronically using Otterbein’s Title IV Code. Code is 003110. The FAFSA should be filed as soon as possible after January 1.
  • Complete the Otterbein University Graduate Student Institutional Aid Form and submit it to the Office of Financial Aid. This form is available at the Office of Financial Aid and on the Office of Financial Aid’s website,

Satisfactory Academic Progress (SAP)

Satisfactory Academic Progress (SAP) must be maintained in order to remain eligible for federal student aid consideration. The Financial Aid Office evaluates SAP after the completion of each academic period (Summer, Fall, and Spring). All terms of enrollment, including Summer, must be considered in the determination of SAP (even periods in which the student did not receive federal student aid funds must be counted).

Graduate students are considered to be making Satisfactory Academic Progress for purposes of federal student aid eligibility only if they are in good academic standing with The Graduate School and are continuously progressing towards completion of their graduate degrees within established program completion time limits.

MBA Students

The Westerville Area Chamber of Commerce offers a scholarship for a qualified applicant who has been accepted into the MBA program. More information is available at the Westerville Area Chamber of Commerce website, or by email at

Graduate Education Students

Otterbein University has fee waiver agreements with most Central Ohio school districts. Teachers who are interested in receiving a fee waiver should contact their district for availability, application deadlines, and information on application procedures.

Graduate Nursing Students

  • The National Health Service Corps Loan Repayment Program provides for the repayment of educational loans for nurse practitioner students made in exchange for a commitment to work in a medically under served area. Additional information may be found at or by calling 1-800-221-9393.
  • The National Health Service Corps Scholarship Program provides scholarships and stipends for nurse practitioner students who work at NHSC sites for specified period of time after graduation. applications are available for fall and application deadlines are around March. Applicants need to be in the last year of their program. Additional information can be found at or by calling 1-800-638-0824.
  • The Nurses Educational Funds, Inc. 555 West 57th Street, New York, NY 10019 provides scholarships for registered nurses who are seeking a master’s degree. Scholarships range from $2,500 to $10,000. Selection is based on academic excellence. Additional information may be found at or by calling 212-399-1428.
  • Kappa Lamba Scholarships are available in the spring from the Nursing Department. Contact the Otterbein University Nursing Department for additional information.
  • Information on the Mid-Ohio District Nurses Association Scholarship is available by calling 614-486-8685.
  • The Ohio Nurses Association offers interest-free educational loans for members. For additional information, write to the ONA, 4000 E. Main St., Columbus, OH 43213-2983.
  • Nurse Anesthesia Traineeships (available to second and third year students): contact Dr. Elizabeth Seibert 614-821-1326.
  • American Association of Nurse Anesthetists Foundation (AANA-F) Student Scholarships: The AANA-F awards more than 50 scholarsships for nurse anesthesia programs. Requirements for each AANA-F scholarship and the amount awarded vary. Applications are available in spring from Dr. Elizabeth Seibert 614-821-1326.