Need-Based Aid

Your education may be the most important investment you and your family ever make. It is an investment and a commitment that will pay off for the rest of your life. While the responsibility of paying for an Emory education lies with you and your family insomuch as you are able to pay, we offer an array of programs to support you.

A family’s entire financial portfolio, including income, assets, and other earnings will be considered for eligibility to receive financial aid. In addition to the FAFSA, Emory uses the CSS PROFILE because it provides more insight into a family’s financial circumstances. The FAFSA is used to determine federal aid eligibility and the CSS PROFILE determines institutional aid.

The Emory University Office of Financial Aid offers three basic types of need-based financial aid: grants, work-study and low interest loans.

  • A grant is gift assistance that does not have to be repaid.
  • A work-study award is the opportunity to work on campus while in school, at an hourly rate. Students are paid twice a month.
  • Low-interest loans must be repaid after you are no longer enrolled at least half-time at a postsecondary institution.

Emory is committed to awarding aid based on financial need determined by a thorough review of each family’s circumstances. Most students with financial need receive a combination of all three of these. About half of Emory University students receive some sort of financial aid, and Emory is committed to meeting 100 percent of demonstrated financial need for all accepted domestic students.

Emory Advantage

Emory Advantage is a financial aid initiative that makes the cost of a private college education like that at Emory more affordable. A high-quality student body is composed of diverse ideas, perspectives, backgrounds, and life experiences. Emory is committed to opening our doors to any qualified student who wants to pursue a world-class education and to use their talents to impact the world.

Giving students the opportunity to graduate with little or no debt eases the financial burdens that can limit postgraduate career or education choices. The goal is to make an Emory education attainable for any qualified student, regardless of income.

Families who demonstrate financial need and have total incomes of $50,000 or less receive a Loan Replacement Grant. Grants replace the Federal Subsidized Stafford Loan or loan self-help that is normally awarded in the financial aid package.

Emory’s Loan Cap Program limits total four-year, Federal Subsidized Stafford Loan debt to $15,000 for those families with total incomes between $50,000 and $100,000. Under this plan, you’ll receive a standard financial aid award including federal or state aid, institutional loans or grants and work-study. This program does not replace unsubsidized federal Stafford loans or parent loans or loans secured while attending another institution. Students who fall in this category typically graduate with significantly less debt than the average student loan borrower.

There is no separate application for the Loan Replacement Grant or Loan Cap Program. All incoming students who apply for institutional need-based financial aid are considered. Students must submit an application for financial aid each year to assess current eligibility. Students are expected to make satisfactory academic progress in order to receive aid.

Raise.Me is a free micro-scholarship platform that helps 9th through 12th grade students prepare for college by earning scholarships for achievements during high school. Over 220 colleges and universities, including Emory University, partner with and offer micro-scholarships for academic and extracurricular achievement.

Who is eligible to earn micro-scholarships from Emory University? Emory University’s scholarship is available for prospective first-year applicants who are citizens or permanent residents of the United States. Students must maintain a 3.5 GPA and qualify for free or reduced lunch OR attend a school where 80% of the students qualify for free or reduced lunch.