When we create your financial aid package, we choose from a variety of options, including scholarships, grants, loans and work-study opportunities. A typical aid package combines several forms of aid to meet your financial need. To qualify for need-based financial aid from Marymount Manhattan, you must complete the Free Application for Federal Student Aid.
Financial aid awards are presented in a “package” to eligible students. The award package letter offers a combination of different kinds of assistance that includes scholarships, grants, loans and/ or work-study.
Scholarships are awarded for outstanding achievement. Marymount Manhattan offers a variety of scholarship opportunities. These scholarships and grants do not have to be repaid. They are available from many sources, including the federal government, state agencies, professional and service organizations, private foundations, and Marymount Manhattan College.
To be awarded MMC Institutional Aid including academic scholarships, all students are required to maintain full time status (12 credits or more). A student who fails to register full time, drops to part time status or withdraws completely prior to the census date will forfeit their institutional scholarships and grants for that semester. If in a subsequent semester, the student returns to full time status, their aid can then be reinstated for the new semester. Reinstatement will be based on meeting the funds eligibility requirements and the availability of funds at the time of reinstatement.
Grants are usually awarded on the basis of financial need and, like scholarships, do not need to be repaid.
Federal Work Study
Federal Work study allows students to earn money while they attend college
A loan is money you borrow, usually through a lender or the federal government, which will need to be repaid. There are several different types of loans that are awarded based on your financial need — some accrue interest while you are in school while others do not begin to accrue interest until you graduate — they are awarded based on your financial need.
GI Educational Benefits
Students who qualify may receive benefits under the GI benefit programs.
Net Price Calculator
Use this handy Net Price Calculator to help determine your best combination of financial aid options.