Types of Aid

Manhattanville College has a long history of rewarding students for their academic accomplishments regardless of their financial needs. At the time an acceptance decision is rendered, students will be notified of merit award honors and additional scholarship opportunities for which they may qualify. 

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All incoming full-time, first-year, and transfer, undergraduate admitted students will automatically be considered for one of the merit awards listed below. Annual renewal of all merit awards is based on students maintaining a minimum grade point average of 2.0 and enrolling in a minimum of 12 credits each fall and spring semester.

  • Chairperson’s Scholarship
  • Board of Trustees’ Scholarship
  • President's Scholarship
  • Provost's Award
  • Dean's Award
  • Valiant Recognition Award

Castle Scholars Honors Program
Entry into the Castle Scholars Honors Program is highly competitive. At the time an acceptance decision to the College is received, eligible students will be offered an annual merit scholarship of $2,000 and a spot in the program. 

Fine and Performing Arts Scholarship
Manhattanville supports students with an interest in pursuing a career in the fine and performing arts. Merit scholarship opportunities are available for students pursuing Dance, Musical Theatre, Studio Art, and Theatre. Award amounts vary based on the portfolio or audition.

Community College Honors Scholarship
Transfer Students that have been active members of a two-year college honors program or honors society at a two-year institution, such as Phi Theta Kappa and Alpha Beta Gamma, will be offered an annual merit scholarship of $2,000.

At Manhattanville, we are champions of social justice and equity. Our opportunity award programs champion students who want to lead and serve by supporting students who face significant economic barriers when trying to attain a college degree.

Sister Mary T. Clark Community Service Award Program
Participants in the Sister Mary T. Clark Community Service Award Program participate in 30 hours of service-learning each semester and give a presentation highlighting their service-learning experiences. Students who elect to participate in this program will receive an annual scholarship of $2,000.

First-Generation Award
Manhattanville College identifies a first-generation student as someone whose parents did not complete a four-year college degree. These first-year, first-time college students are awarded an annual scholarship of $2,000 and are eligible to apply for the Mville First Scholars program. Participation in the Mville First Scholars program is encouraged but not required. 

Manhattanville Achievement Program
The Manhattanville Achievement Program offers an opportunity for students of minimal economic means to reside on the Manhattanville College campus and enroll for full-time, degree-seeking status without a significant financial burden. This scholarship program ensures the minimal cost of attendance and includes a broad range of services including academic, personal, and career counseling. Students must meet specific financial criteria in order to be considered for entry. This is a highly selective program and is only available to first-time, first-year students. 

Manhattanville College is thrilled to partner with organizations and institutions to create opportunities that assist students with making college affordable.

Westchester Community College Half Tuition Scholarship Program
Transfer students who complete an Associate’s degree from Westchester Community College will automatically be offered a half-tuition scholarship to enroll at Manhattanville. 

Professional Development Schools 
Student who graduate from a school that is affiliated with the Manhattanville School of Education will be offered merit awards that will cover at least half tuition of the year they enroll. Students must be in good academic standing and attending high school in one of the following listed school districts at the time of applying: Bedford, Brewster, Elmsford, Greenburgh, New Rochelle, Ossining, Peekskill, Port Chester, Stamford, or White Plains.

Valiant Legacy Award
Due to the generosity of Manhattanville College Alumni, we are pleased to offer students whose parent, sibling, or grandparent graduated from Manhattanville College a $2,000 annual award to support their studies. The award is open to first-time, first-year students who will be full-time and degree-seeking.

Manhattanville College awards need-based grants to undergraduate students who demonstrate financial need. Awards are given for a maximum of four years (eight semesters). Recipients must maintain satisfactory academic standing, full-time enrollment (minimum of 12 credits), file the Free Application for Federal Student Aid (FAFSA) on annual basis, and comply with any verification requests. Amounts are awarded based on the demonstrated need determined by the FAFSA each year.
To find out more about our military and veteran benefits, click here.

Eligibility Requirements

Our general eligibility requirements include that you have financial need, are a U.S. citizen or eligible noncitizen, and are enrolled in an eligible degree or certificate program at your college or career school. There are more eligibility requirements you must meet to qualify for federal student aid. Manhattanville's federal school code is 002760.

 

Federal Pell Grant

A Federal Pell Grant (Pell) does not have to be repaid. Pell is awarded only to undergraduate students who have not yet earned a bachelor’s degree. The U.S. Department of Education uses federal methodology to determine eligibility. Pell amounts will fluctuate from year to year based on an applicant’s demonstrated need and the Federal Pell Grant Payment Disbursement Schedules published annually by Congress.

 

Federal Direct Loans

Federal Direct Student loans are funds borrowed from the federal government for educational costs. They must be repaid starting six (6) months from the date in which the student completes a degree, ceases to be enrolled, or drops below half-time status. The loan is made to the student, and the student is directly responsible for the repayment of this debt. Eligibility is contingent upon completion of the Free Application for Federal Student Aid (FAFSA) and submission of all required supporting documentation.

Manhattanville College requires that all U.S citizens, nationals, or lawful permanent residents complete the Free Application for Federal Student Aid (FAFSA) in order to determine eligibility for funding. The application is available online at studentaid.gov. 

 

Federal Direct Subsidized/Unsubsidized Loan

If a student demonstrates need – as defined by the federal government based on the information provided on the FAFSA – a portion of the Federal Direct Student Loan may be subsidized. In this case, the federal government pays the interest as it accrues, until the end of the student’s six (6) month grace period. All applicants who complete the FAFSA are automatically eligible for an unsubsidized Federal Direct Student Loan, on which interest accrues while the student is in school. Federal loan limits are determined by the year in school. 

Repayment of the subsidized and unsubsidized loans can be made over 10 or more years. The federal government charges an origination fee for each student loan. These fees are deducted from each semester’s check to the school. The fixed interest rate, set each year on July 1st, is based on the 91-day Treasury bill, plus a 3.1% allowance, not to exceed 8.25%

 

Federal Direct Parent PLUS Loan

The Federal Parent Loan for Undergraduate Students (PLUS) is a program whereby credit-worthy parents may borrow up to their child’s cost of attendance, minus any financial aid already awarded. The Bipartisan Student Loan Certainty Act of 2013 sets the annual fixed interest rate on Direct PLUS Loans at the rate on high-yield 10-year Treasury notes plus 4.6%, but caps that rate at 10.5%.

To apply for a PLUS Loan, eligible parents and caregivers must visit studentaid.gov and complete the application, as well as the PLUS MPN for Parents of a Dependent Undergraduate Student.

If an applicant is denied, they may appeal the credit decision or seek out an endorser. Otherwise, the student is then entitled to additional unsubsidized loan funds up to the independent limit determined by their year in school.

NY state residents may be eligible for NYS State aid. NYS residents are eligible to apply for state financial aid which includes TAP, ETA and Dreamer. NYS Higher Education Services Corporation - Home.

Tuition Assistance Program (TAP)
Undergraduate students- full time matriculated students in a baccalaureate degree are eligible for NYS TAP. TAP is a grant and does not have to be paid back. You must be enrolled in a minimum of 12 credits and have a minimum GPA of among other requirements. NYS Higher Education Services Corporation - NYS TAP 

Enhanced Tuition Awards Program ETA)
The Enhanced Tuition Awards (ETA) program provides tuition awards to students who are New York State residents attending a participating private college located in New York State. Recipients will receive $6,000 through a combination of their TAP award, ETA award and a match from their private college. Please note this award is paid out at the end of the academic year. NYS Higher Education Services Corporation - Enhanced Tuition Awards

Dream Act
The Senator José Peralta New York State DREAM Act gives undocumented and other students access to New York State‐administered grants and scholarships that support their higher education costs. The DREAM Act opens the doors of higher education to thousands of students, providing access to the Tuition Assistance Program (TAP), Enhanced Tuition Awards Program (ETA) as well as other state‐administered scholarships that were not previously available to them.

The World Trade Center Memorial Scholarship (WTC)
The World Trade Center Memorial Scholarship (WTC) provides access to a college education for children, spouses, and financial dependents of innocent victims who died or were severely and permanently disabled as a result of the September 11, 2001 terrorist attacks on the United States of America - at the World Trade Center, the Pentagon, and on airline flights 11, 77, 93, and 175 - and the resulting rescue and recovery efforts. NYS Higher Education Services Corporation - NYS World Trade Center Memorial Scholarship 

After considering all the resources available through the Office of Financial Aid, some families need further assistance and choose a private loan product. We strongly encourage students to discuss their financial situation with a financial aid professional prior to taking out any private education loan. We also recommend comparing the rates and payment plans of federal loans to those of private lenders – as well as between various lenders. If you choose to pursue a private loan, please apply to one private loan program only. Learn more about the difference between federal loans and private loans.

Manhattanville has a policy of refraining from an exclusive partnership with a single lender.  We do not endorse or recommend any particular lenders. ELM Select, a platform for loan selections, is a good place for you to start comparing loans and lenders. Lenders are added or removed based upon feedback from prior borrowers and the annual review of lender attributes by Manhattanville staff.

In addition to federal, state, and institutional aid, students are encouraged to apply for outside scholarships. Below is a list of links to scholarship websites and search engines you may find helpful.

 

Important Reminder

You must report all outside scholarships, grants, fellowships, and other types of aid to the Office of Financial Aid.

 

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