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Financial Aid

Current Student Information

All returning students who are applying for financial aid must complete a Free Application for Federal Student Aid (FAFSA) online at The recommended filing deadline for returning students is April 1. For Massachusetts state aid consideration, students MUST apply by May 1 for the upcoming year.

The review process for financial aid begins after the end of the Spring semester, after Satisfactory Academic Progress (SAP) has been determined. Students must be making SAP in order to receive federal, and most institutional, funds. Financial aid award notification letters will be mailed to returning students during the first few weeks in July.

Students are notified of missing documentation on a recurring basis, via their Merrimack student email account. Students whose applications/documents are incomplete, or who must complete the verification process, will be sent an award notification upon submission of all material.

All recipients must be enrolled in a degree program on a full-time basis for the entire semester to continue to receive a scholarship. A student who drops a class during the semester and falls below 12 credits will not be eligible for subsequent semester’s award.

Students must also remain at least half-time to be eligible for Stafford loan funding. Half-time for undergraduate students is a minimum of 8 credits per semester.