Financial Aid for Graduate Students

Federal aid, private loans, scholarship opportunities and payment plans are among the options available for graduate students.

Federal Financial Aid for Domestic Students

Domestic graduate students who wish to borrow under the Federal Direct Unsubsidized and/or Federal Graduate PLUS Loan programs should submit a Free Application for Federal Student Aid (FAFSA) at

To ensure efficient processing, please complete your FAFSA prior to the start of the fall semester. Please be sure to add Merrimack’s school code, 002120, to ensure your FAFSA is received. 

Please note that international students are not eligible for federal financial aid.

Non-Federal Aid and Opportunities for International Graduate Students

All graduate students, including international applicants, may be eligible for scholarships, depending on the strength of their application and the graduate program for which they are applying. In addition, some graduate programs offer graduate fellowship opportunities, which help to absorb the cost of tuition while providing valuable field experience.

All graduate students also have the option of obtaining private loans and/or enrolling in an institutional payment plan.

Graduate Satisfactory Academic Progress Standards

Federal regulations require that Merrimack College measure a student’s progress towards the completion of their degree program, which is called Satisfactory Academic Progress. The standards of Satisfactory Academic Progress apply to all Title IV, state, and some institutional funding.  You must meet both the qualitative and quantitative standards below.

Review of Satisfactory Academic Progress

Satisfactory Academic Progress for federal and state financial aid will be reviewed for graduate students at the end of each semester. If the cumulative grade point average falls below the minimum standard and/or the student falls behind in earned credits, the student will be notified by the Office of Financial Aid, and may appeal in writing by completing the required process below. Once the appeal is received, the Office of Financial Aid will notify the student of future eligibility.

If you have any questions about the financial aid process or your eligibility, please contact the Office of Financial Aid at 978-837-5186 or