Emerson College awards federal assistance based on demonstrated financial need and institutional assistance based on financial need and academic achievement. Funding limits require Emerson College to adhere strictly to application deadlines.
Federal and institutional formulas are used to calculate families' contributions based on the FAFSA and PROFILE applications and other supporting documentation (e.g. federal tax returns). Family contributions are also based on reviews of expected taxed and untaxed income and assets, like savings and home equity.
Once the family contribution is determined it is deducted from the cost of attendance; the new amount is the family's "need." This number determines the amount of assistance the family is eligible to receive.
Note: Emerson College expects freshman, transfer and upper-class applicants to contribute $2,100 minimum from expected summer earnings and other resources.
Students who apply for financial assistance must be matriculated, degree-seeking candidates enrolled with at least 8 credits per semester. Many Emerson College financial assistance programs require students to be enrolled full-time to be eligible.
Federal regulations specify that federal financial aid recipients must be US citizens, US nationals, or eligible non-citizens (US Permanent Residents who have an alien registration card).
All aid recipients must maintain satisfactory academic progress as outlined in the Emerson College Handbook.
In addition, all recipients must not be in default on any federal educational loan, owe a refund on any grant, or demonstrate unwillingness to repay any federal educational loan.