Emerson College awards federal assistance based on demonstrated financial need and academic achievement. Funding limits require Emerson College to adhere strictly to application deadlines.
Emerson offers several need-based and merit-based financial aid programs. To be considered for merit-based aid, you should have a distinguished academic record, or demonstrate leadership or outstanding potential either in your school or community. To apply for need-based aid, you must be a U.S. citizen or U.S. permanent resident and you must follow the application steps below.
Family Contribution Formula
FAFSA & Profile
Federal and institutional formulas are used to calculate families' contributions (EFC) based on the FAFSA and CSS Profile applications and other supporting documentation (e.g. federal tax returns). Family contributions (EFC) are also based on reviews of expected taxed and untaxed income and assets, like savings and home equity.
Cost of Attendance
The next part of the financial aid formula is the determination of the student's annual cost of attendance. The total cost of attending an institution can be broken down into two categories: direct and indirect costs. Direct costs are charges Emerson College bills directly to the student (tuition, mandatory fees, on campus room/board). Indirect costs are other necessary educational expenses (off-campus room/board, books, supplies, travel, and personal expenses). The cost of attendance is an average based on typical expenses of an undergraduate student depending on their college living situation. If you feel Emerson's cost of attendance does not reflect your extenuating circumstances, you may submit a cost of attendance appeal.
Need-Based Aid Calculation
Once the family's EFC is determined, it is subtracted from the cost of attendance and the resulting amount is the student's eligibility for need-based aid, also referred to as "need." This number determines the amount of assistance the family is eligible to receive.
- 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.
- 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 U.S. citizens, U.S. nationals, or eligible non-citizens (U.S. Permanent Residents who have a Permanent Resident Card).
- All aid recipients must maintain satisfactory academic progress as outlined in the Emerson College Undergraduate Student 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.
- 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.