Types of Aid

General

In this section you will find descriptions of financial aid available from Manhattan College, and federal and state government sources. Eligibility criteria differs for each program. Students are notified of their eligibility for each award type at the time of acceptance into the College, and through the renewal process with their annual financial aid award letter.

Institutional Aid

All forms of institutional assistance (scholarships, awards, need-based grants, athletic awards) are awarded under the assumption of full-time, undergraduate enrollment and residency status requested at the time of the admissions application. Awards are only given for a maximum of four years (eight semesters). Institutional awards and/or assistance of any type may be subject to reduction if the total of all
institutional aid exceeds the total cost of tuition and fees charged to the student account.

Institutional policies related to financial aid and more are established in the Manhattan College Catalog.

Need-Based Aid

Manhattan College awards need-based aid to students who demonstrate financial need. As with all types of need-based aid, these awards are renewed annually and adjusted in line with changes on the FAFSA. These awards are given for a maximum of four years (eight semesters). Need-based aid recipients must maintain satisfactory academic progress, full-time enrollment, file FAFSA annually and on time, and comply with any verification requests. Overcredits, most study abroad courses, intersession, and/or summer courses are not included with these grants and/or awards:

  • MC Grant-in-Aid

    Mission related, need-based awards for full-time undergraduate students at the discretion of the Admissions and Financial Aid Committee.

  • Trustee Grant

    Mission related, need-based awards for full-time undergraduate students at the discretion of the Admissions and Financial Aid Committee. To be considered, first-year students must be admitted prior to the financial aid priority filing date and have a FAFSA on file.

  • Science Scholar's Award

    Based on academic achievement and demonstrable financial need for students who intend to enroll in the School of Science only. The award is granted at the discretion of the Admissions and Financial Aid Committee upon admission to the College. This award cannot be renewed/granted if a student chooses a major outside of the School of Science after initial acceptance.

  • Education Scholarship

    Based on academic achievement and demonstrable financial need for students who intend to enroll in the School of Education and Health only. The award is granted at the discretion of the Admissions and Financial Aid Committee upon admission to the College. This award cannot be renewed/granted if a student chooses a major outside of the School of Education after initial acceptance.

  • Business Scholar's Award

    Based on academic achievement and demonstrable financial need for students who intend to enroll in the School of Business only. The award is granted at the discretion of the Admissions and Financial Aid Committee upon admission to the College. This award cannot be renewed/granted if a student chooses a major outside of the School of Business after initial acceptance.

Merit Scholarships & Awards

Manhattan College awards academic merit-based aid to students who meet the academic criteria at the time of acceptance to the College. All academic scholarships (non-need based) require a minimum enrollment of 12 credits and a cumulative GPA requirement of 3.0 while in attendance at Manhattan College for full renewal. These awards are given for a maximum of four years (eight semesters). Overcredits, most study abroad courses, intersession, and/or summer courses are not included with these scholarships and/or awards:

  • Presidential Scholarship

    Non-need based scholarship awarded to extraordinary applicants. Eligibility is based on exceptional SAT/ACT scores, secondary school GPAs, and rank in class. The award is granted at the discretion of the Admissions and Financial Aid Committee upon admission to the College.

  • Dean's Award

    Dean’s Awards are offered to academically gifted students who fall slightly below Presidential Scholarship requirements, on a non-need basis. The award is granted at the discretion of the Admissions and Financial Aid Committee upon admission to the College.

  • Chancellor's Award

    Chancellor’s Awards are awarded to students with high academic performance, leadership ability, volunteer and community service work, and extra-curricular involvement. Amounts will vary, on a non-need basis. The award is granted at the discretion of the Admissions and Financial Aid Committee upon admission to the College.

  • Founder's Award

    Achievement, non-need based awards given to full-time undergraduate students. The award is granted at the discretion of the Admissions and Financial Aid Committee upon admission to the College.

GPA Requirements for Institutional Merit Aid Renewal

A student must maintain an overall GPA of 3.0 for full renewal of their academic scholarship. If the GPA falls below 3.0 then the renewal amount will be based upon the chart below:

GPA Renewal Amount
3.0 100%
2.9-2.99 Probation
2.8-2.899 80%
2.7-2.799 60%
2.6-2.699 40%
2.5-2.599 20%
Below 2.5 0%

The preceding chart is subject to change. If such a change occurs, it will be formally announced in advance.

Other Manhattan College Aid

Campus Employment

Manhattan offers its own campus work program to students who need employment to meet college expenses but are not eligible for Federal Work Study. Although the program is not need-based, a FAFSA (and other eligibility requirements as described above for all institutional aid recipients) is required annually so the college can meet federal requirements to assure there is no remaining financial need that can be met by the federal government. The campus employment program fully mirrors the FWS program except that the college funds the students' wages and the award will not automatically appear on one's award letter.

Students receiving full tuition and fees scholarships or grants from Manhattan College are ineligible during any time period when their benefits are in effect. Students' total aid including campus employment may not exceed their total Cost of Attendance. Read more about Student Employment.

Athletic Grants

The Manhattan College Athletics department may fund athletic grants to students who, by the possession of certain athletic skills, can add to the community spirit and morale of the campus. The College firmly states that recipients must come to Manhattan as students, with their first interest in studies.

Qualifying students must meet the same entrance requirements as other students and must maintain satisfactory progress. Manhattan adheres to and endorses the principles and policies of the Eastern College Athletic Conference and the National Collegiate Athletic Association. Athletic grants are counted as educational resources for determining the student's eligibility for financial aid.

Resident Assistant Grants

Awarded to students selected to serve as Resident Assistants in the dormitories. The Offices of Residence Life and Dean of Students select the recipients by application and interview during each Spring semester. Resident Assistants receive a grant in the amount of room and board charges with an ultimate meal plan.

Dollars for Scholars

As a collegiate partner, Manhattan College matches Scholarship of America awards up to $500.00 per year.

Tuition Remission

An institutional non-need based program available to eligible employees, spouses of employees, and dependent children of employees; eligibility is determined by the Human Resources office.

The amount of Tuition Remission a student receives in a given academic year must be taken into consideration when determining a student's eligibility for federal and state aid programs. Manhattan College strongly encourages remission recipients to complete a FAFSA annually. Students receiving Tuition Remission are not eligible to receive other institutional grants or scholarships. Read more about Student Accounts and Bursar Services policies with Tuition Remission.

Tuition Exchange Scholarship

An institutional grant awarded to the dependents of eligible employees at a Tuition Exchange member institution of higher education. Contact the Office of Admissions and Financial Aid for more information.

Endowed & Special Category Scholarships

Endowed scholarships are awarded to qualifying students as part of their offered financial aid packages. Where no specific recipient criteria is designated, the College reviews financial need, academic achievement, and participation in extracurricular activities on campus when awarding endowments or replacing institutional awards. Unless otherwise stated, there is no application required for consideration. All students are considered each year during the financial aid review process. 

Federal Aid

Below is a listing of the federal aid students may be eligible for, providing inquiring students maintain a minimum enrollment of at least 6 credits (in most cases), satisfactory academic progress, have not exceeded any aggregate award limits, and have not defaulted on any prior federal loans. Students must also file the Free Application for Federal Student Aid (FAFSA) and meet certain federal regulations with regard to household income and other financial criteria in order to be eligible each academic year. A full listing of federal aid can be found on studentaid.ed.gov.

Federal Pell Grant Program

A Federal Pell Grant, unlike a loan, does not have to be repaid. Pell Grants are awarded only to undergraduate students who have not earned a first bachelor's or professional degree. For many students, Pell Grants provide a foundation of financial aid to which other aid may be added.

Federal Supplemental Educational Opportunity Grant (FSEOG)

This grant is for undergraduates with exceptional financial need, and gives priority to students who receive Federal Pell Grants. Students who file FAFSA are reviewed annually and do not have to take any special action for consideration; recipients do not have to repay an FSEOG.

Yellow Ribbon Program

Manhattan College participates in the Veteran's Affairs Yellow Ribbon GI Education Enhancement Program (Yellow Ribbon Program) to assist with funding tuition expenses for military veterans.

This tuition-benefit program includes both undergraduate and graduate study and either full- or part-time enrollment. Because of Manhattan College’s reasonable tuition rates, this program allows eligible veterans to participate at little or no cost. This significant commitment upholds a long history of Manhattan College support for our veterans and their academic and career endeavors.

TEACH Grant

The TEACH Grant is a federal program that strives to encourage teachers into high-need teaching areas in certain K-12 schools. It allows for a grant of up to $4,000 per year for students in qualifying undergraduate and graduate programs in exchange for recipients serving as full-time highly-qualified teachers in a high-need field within a low-income school upon graduation. Grant amounts, qualifying programs of study and employment, and service requirements are subject to federal regulations and may change annually. This federal grant is very detailed, so interested Education majors should review the TEACH Grant section and contact a Financial Aid Administration counselor with any questions before applying for this federal grant.

Aerospace Studies (ROTC)

Air Force Reserve Officer Training Corps (ROTC) is conducted at approximately 600 colleges and universities throughout the United States in order to select and train men and women to become commissioned officers in the U.S. Air Force. Most graduates who enter the Air Force through ROTC are assigned positions consistent with their academic major. Others may qualify to become pilots and navigators. Scholarships are available to qualified students.

Federal Loans

Federal Direct Loans & Federal Family Educational Loans

Federal Stafford Loans (Stafford Loans) are the Department's major form of self-help aid and are available through the William D. Ford Federal Direct Loan (Direct Loan) Program and the Federal Family Educational Loan (FFEL) Program. The terms and conditions of a Direct Stafford or an FFEL Stafford are similar. The major differences between the two are the source of the loan funds, some aspects of the application process, and the available repayment plans. Under this program, the funds for a student's Stafford Loan comes directly from the U.S. government.

Stafford Loans are either subsidized or unsubsidized. A subsidized loan is awarded on the basis of financial need, as determined by the FAFSA. The federal government pays interest or subsidized the loan until the student begins repayment and/or during authorized periods of deferment. An unsubsidized loan is not awarded on the basis of need. Student borrowers will be charged interest from the time an unsubsidized Stafford loan is disbursed until it is repaid in full.

The Direct and FFEL programs also offer PLUS Loans for creditworthy parents of dependent students, PLUS Loans for independent, creditworthy graduate students, and Consolidation Loans.

Federal Perkins Loan Program

A Federal Perkins Loan is a low-interest (5.0%) loan for both undergraduate and graduate students with exceptional financial need. Manhattan College serves as qualifying students' lender and the loan is made with government funds. Perkins loan borrowers at Manhattan College repay a third-party servicer, My Campus Partners.

Due to the limited funding of this program, Federal Perkins loans are first offered to current Manhattan College students demonstrating exceptional need. Students do not need to inquire or take action to be reviewed for eligibility, but may be offered this special loan type on their annual financial aid award letter.

Federal Work Study (FWS)

Federal Work Study provides on campus and designated off-campus jobs for undergraduate and graduate students with financial need, allowing them to earn money to help pay education expenses. The program encourages community service work and work related to the student's course of study. More information can be found under Student Employment.

State Aid

Below is information pertaining to state aid available to qualifying residents of New York. Visit hesc.ny.gov for a full listing of all NYS-based scholarships.

Substantial funding from outside sources, including some types of state aid (excluding TAP, in most cases), such as those given in NYS Memorial Scholarships, NYS World Trade Center Memorial Scholarships, and Flight Memorial Scholarships may impact your awards. Award adjustments can vary from the reduction of loan offers to a decrease in other institutional aid offered.

Please inform the College if you anticipate receiving any of the state aid awards mentioned above. We will then conduct a timely review of your financial aid package. Newly enrolled students may notify the Office of Admissions and Financial Aid. For current students, the Office of Financial Aid Administration maintains a counselor on staff to coordinate the aforementioned scholarships. You may direct your e-mail to finaid@manhattan.edu and request that the designated coordinator contact you to address any specific questions or concerns related to those award types and their impact on your financial aid package.

Tuition Assistance Grant (TAP)

The New York State Tuition Assistance Program (TAP) is offered for a maximum of eight semesters to qualified, full-time undergraduate students who are legal residents from the State of New York. TAP award amounts and income eligibility levels are determined by the State of New York's Higher Education Servicing Center (HESC)This program requires students to file an annual FAFSA and New York State Tap-on-the-Web application.

TAP awards are estimated until the State of New York passes its final budget and approves all awards for students who completed the application process. Further, an estimated award may appear on one's award letter, but is not considered finalized until the award amounts are determined by HESC, the student is certified by the Registrar office, and HESC disburses the TAP Grant to the student's tuition account at Manhattan College. During this time, students must respond to any requests for documentation from HESC in order for their state aid eligibility to be determined. Delays in responding to HESC requests for information, failure to complete the TAP application (despite received notice on one's award letter) in a timely manner, not meeting eligibility criteria, or other disbursement delays do not extend one's tuition payment deadline.

Higher Education Opportunity Program (HEOP)

HEOP provides supportive services and financial aid to New York state residents who meet specific academic and financial criteria, and attend independent colleges and universities in New York state.

State Aid for Educators

Please review the Graduate School of Education website for more information.

Outside Scholarships

Outside, private scholarships are considered part of your financial aid package and federal regulations require this information be reported to the College. Substantial funding from outside scholarships may impact your awards. Award adjustments can vary from the reduction of loan offers to a decrease in other institutional aid offered. 

Please submit notice of anticipated outside scholarships to the College for a timely review. Newly enrolled students may notify the Office of Admissions and Financial Aid. Current students may notify the Office of Financial Aid Administration.

Additional outside scholarship opportunities can be found on our blog.