Financial Aid

Eligibility Requirements

Emerson College awards federal assistance based on demonstrated financial need and academic achievement. Emerson College awards federal assistance based on demonstrated financial need and academic achievement. Funding limits require Emerson College to adhere strictly to application deadlines.

Renewal of Need-Based Aid

Financial aid is awarded with the expectation that it will be continued each year. The basis of which is: continued financial need, satisfactory academic progress, annual timely completion of financial assistance forms, academic achievement, and availability of funds. Failure to meet deadlines each year will result in a reduction of your financial aid award.

Any changes to a family’s income, assets, number of household members, or number in college will affect a student’s demonstrated financial need. A student’s need–based financial assistance offer could decrease or increase annually based on even a slight change in the family’s circumstances.

Eligibility Requirements

  1. Financial aid funding is based on several factors including, but not limited to: meeting financial aid deadlines; demonstrated financial need; enrollment status; living arrangements; and satisfactory academic progress. Students who live off-campus may see a change in institutional award eligibility as a result of moving off-campus. If interested in remaining on campus due to financial need, please submit housing appeal.
  2. 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.
  3. Federal regulations specify that federal financial aid recipients must be U.S. citizens, U.S. nationals, or eligible non-citizens (U.S. Permanent Residents who have an alien registration card).
  4. All aid recipients must maintain Financial Aid Satisfactory Academic Progress (SAP)as outlined in the Emerson College Handbook (see below for general SAP standards).
  5. 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.
  6. A federal or state drug conviction can disqualify a student for Federal Student Aid funds.  Convictions only count against a student for aid eligibility purposes if they were for an offense that occurred during a period or enrollment for which the student was receiving Federal Student Aid.  Students can regain eligibility upon completion of certain rehabilitation programs.

Satisfactory Academic Progress (SAP) for Financial Aid

Federal regulations and institutional policies require the Office of Student Financial Services to review the academic progress of all students requesting financial assistance. Students must demonstrate satisfactory academic progress towards completing degree programs in order to remain eligible for financial aid. According to federal regulations and institutional policy, a student loses financial aid eligibility if they fail to meet one or both of the following conditions:

Completion of credits: Students must successfully complete 75% of overall credits attempted. Receiving grades of F, NF, W, WF, WP, I, AUD, or DEF does not constitute successful course completion. Completion of undergraduate or graduate programs cannot exceed 150% of published length of the program measured in credit hours attempted as determined by your program requirements.

Minimum grade point average (GPA): undergraduate students must maintain a minimum cumulative and semester GPA of 1.7 for first year students (0-31 credits attempted) and 2.0 for all other undergraduate students (32 credits or higher).

In addition, any student who completes two consecutive semesters with a semester GPA below 2.0, regardless of cumulative GPA, may lose financial assistance eligibility.

Students who are no longer eligible for financial aid due to one or more of the federal requirements and have documented extenuating circumstances may submit a SAP appeal to allow the Office of Financial Aid to determine if aid may be reinstated. To complete an official SAP Appeal for Aid Consideration, please complete the form listed below:

SAP Appeal for Aid Consideration

Graduation Requirements

When a student re-applies for financial aid, the number of credits he or she needs to fulfill degree requirements will be reviewed. Financial aid and merit aid is renewable as long as you are enrolled full-time in a degree-seeking program.

If it is determined that you will complete your degree earlier than expected, your aid eligibility will reduce or cease. You cannot receive aid for optional, elective courses. Financial aid funds (including merit funds) are only to be used for courses that are required to complete your Emerson degree program. For example, if you take additional summer courses or you have high school AP credits and it is determined that only two courses are needed to finish your degree requirements, your aid will be adjusted based on the courses needed for your degree.