Hey everyone, I've been thinking a lot about Emerson for its strong media programs, but figuring out the financial aid process has got me super confused. Could anyone help me understand how financial aid works at Emerson? Thank you!
Sure, I'd be happy to simplify the financial aid process at Emerson for you!
Firstly, you need to note that Emerson College offers both need-based and merit-based financial aid. To apply for need-based aid, you will need to complete the Free Application for Federal Student Aid (FAFSA) and the College Scholarship Service (CSS) Profile. The FAFSA gets you considered for federal aid while the CSS Profile determines your eligibility for aid from Emerson's own funds.
The FAFSA calculates your Student Aid Index (SAI), which is used to determine your financial need. If your SAI is low enough, you may be eligible for a Pell Grant or other federal aid. The CSS Profile, on the other hand, asks more detailed questions about your financial situation and family circumstances and can thereby result in a different financial aid estimate.
In addition to need-based aid, Emerson College also offers a variety of Merit Scholarships. These are generally awarded based on a student's academic achievements and talent without consideration for financial need. Your admission application is also your application for merit-based scholarships, so there's no additional application needed.
It's also important to note that the admission application deadline for scholarship consideration is November 1st and that aid is typically preserved for all four years if a student continues to demonstrate the same financial need and stays in good academic standing.
Lastly, understanding your financial aid letter can be a bit confusing as it will include all forms of aid including federal loans, work-study and grants. You'll want to separate out what is free aid, like grants and scholarships, and what loan money you might need to pay back. Make sure to study your financial aid package carefully once you receive it!
Hope this helps clarify the financial aid process at Emerson!
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