When can I apply for financial aid?
Students can file for financial aid by completing the Free Application for Federal Student Aid (FAFSA) at https://studentaid.gov. The FAFSA is typically available by October 1, but for 2024-25, the application will not be ready until December 2023.
How does this benefit me?
For 2024-25, you will use your 2022 tax return information, imported directly from the IRS. The FAFSA has been simplified to reduce the number of questions asked, and to make it easier for families to complete.
Why does it matter?
If you are applying Early Decision or Early Action, the deadline for admission will occur before the 2024-25 FAFSA becomes available. Therefore, you will want to be sure to go back to complete your FAFSA once it has launched. If you are applying for Rolling Decision after December, you may apply for financial aid at the same time you apply for admission.
When should I file?
When possible, Merrimack encourages you to file the FAFSA no later than your admission application deadline, as listed on the application process web pages.
What is a merit-based scholarship?
Merit-based scholarships are based on a holistic review of a student’s admission record. Notification of scholarship awards are included with acceptance materials.
What is need-based financial aid?
Need-based grants, loans and work programs are available from the federal and state government and Merrimack’s own sources. To apply, students must complete the FAFSA, available at https://studentaid.gov.
What is the process for transfer students?
Transfer scholarships are a combination of need-based and merit-based funds. As stated above, to apply for need-based consideration, including federal and state grants, loans and work programs, applicants must file the FAFSA, available online at https://studentaid.gov.