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. Visit www.fafsa.ed.gov for more information about the FAFSA.
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.
Scholarships are awarded for outstanding achievement. Marymount Manhattan offers a variety of scholarship opportunities. Many private companies and foundations also offer scholarships for which you may be eligible.
Federal Verification of your FAFSA form means that the College must compare your family’s federal tax returns and other documents to information reported on your FAFSA. Federal aid cannot be disbursed to your account before the verification process is complete.