Financial Aid

Types of Financial Aid

To help you pay for your Menlo education, we offer merit-based scholarships as well as need-based grants, low-interest loans and on-campus employment. To see what types of aid you may qualify for, use our Net Price Calculator.

Grants are awards that typically do not need to be repaid and are awarded based on the financial need of the student. The amount of grant aid awarded is determined by a federal formula that is based on calculations made from the Free Application for Federal Student Aid (FAFSA). All students wishing to be considered for grants must complete this form.


Menlo Grant*

Menlo Grant is the College’s institutional grant program. Funds are restricted to
meet need after certain other resources, such as federal grants, are considered.
The amount of aid awarded will vary, and is based upon both demonstrated need and merit.

*Menlo merit-based scholarships and Menlo grants pay tuition costs only, and
may be reduced in accordance with state and federal regulations or institutional policy. Recruited athletes are not eligible for the Menlo grant program.

student-aid-commissionCal Grant

First time college students who are California residents and who filed their FAFSA and
Cal Grant GPA Verification Form by the March 2, 2015 deadline may be eligible for this need and merit-based state grant.  The California Student Aid Commission (CSAC) will notify students of their eligibility, usually by May. The proposed maximum award in 2014-2015 for first-time Cal Grant A recipients is approximately $9,084, and for Cal Grant B recipients is $1,473.

Federal Pell Grant

Pell Grants are available to low-income undergraduate students. The maximum award in 2015-2016 is $5,775, but individual awards depend on enrollment status and Expected Family Contribution (EFC).

Federal Supplemental Educational Opportunity Grants (SEOG)

SEOG is available to very low income students, up to $1,000.

Your eligibility for a Menlo Academic Scholarship is determined during the admission process. The amount of your scholarship is based on your recalculated academic GPA and your entering status at Menlo College, as shown below. Menlo Academic Scholarships are renewable for up to four years.


Menlo Academic Scholarships

In order to renew the scholarship, students must maintain a Menlo cumulative GPA of 2.00 at the end of the spring semester, earn a minimum of 24 units per year at Menlo College and participate in community service activities.

Your eligibility for a Menlo Academic Scholarship is determined during the admission process. The amount of your scholarship is based on your recalculated academic GPA and your entering status at Menlo College, as shown below. Menlo Academic Scholarships are renewable for up to four years. In order to renew the scholarship, students must maintain a Menlo cumulative GPA of 2.00 at the end of the spring semester, earn a minimum of 24 units per year at Menlo College and participate in community service activities.

Entering Domestic and International Freshmen

  • President’s Scholarship – $17,000
  • Dean’s Scholarship – $15,000
  • Leadership Scholarship – $13,000

Domestic and International Transfer Students

  • President’s Scholarship – $17,000
  • Dean’s Scholarship – $15,000
  • Leadership Scholarship – $13,000

Menlo Additional Scholarships

All applicants are automatically assessed to potentially receive a renewable scholarship of $13,000 – $17,000 at the time of admission. In addition to this, we’ve most recently launched the following scholarship opportunities for incoming students. Click on the links below to see what you might be eligible for. We encourage you to apply immediately.

Loans are funds that you must repay. Federal loans offer an economical, government-regulated method of paying college expenses. Benefits include a fixed interest rate and income-based repayment plans. You can also apply for private or alternative loans, but these are typically more expensive.


Loans

If you apply for financial aid, you may be offered loans as part of your school’s financial aid offer. A loan is money you borrow and must pay back with interest.

If you decide to take out a loan, make sure you understand who is making the loan and the terms and conditions of the loan. Student loans can come from the federal government or from private sources, such as a bank or financial institution. Loans made by the federal government, called federal student loans, usually offer borrowers lower interest rates and have more flexible repayment options than loans from banks or other private sources.

Explore your Student Loan Options

Menlo participates in the Federal Work-Study program. This federally funded program gives you the chance to work a part-time job to earn money for school. The program encourages students to seek out community service work and employment related to your course of study.


Federal Work-Study provides part-time 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.

Here’s a quick overview of Federal Work-Study:

  • It provides part-time employment while you are enrolled in school.
  • It’s available to undergraduate, graduate and professional students with financial need.
  • It’s available to full-time or part-time students.
  • It’s administered by schools participating in the Federal Work-Study Program. Check with your school’s financial aid office to find out if your school participates.

Learn more about work-study opportunities.

Satisfactory Academic Progress

In accordance with federal guidelines, satisfactory academic progress for financial aid purposes is maintained by completing a minimum of 67% of all attempted classes, and by maintaining a minimum cumulative GPA of 2.00 at Menlo College. Please note that if a full-time student only completes 67% of his or her attempted classes, it will take 6 years to complete a bachelor’s degree, and there can be limitations on what, if any, financial aid funds an undergraduate student can continue to receive after four years of enrollment.

The Office of Financial Aid reviews the academic progress of financial aid recipients at the end of every semester. Students who fail to maintain satisfactory academic progress will be placed on financial aid probation for one semester.  Students can receive financial aid during the probationary semester.  At the end of the probationary semester, students who do not meet satisfactory academic progress will be ineligible for future financial aid until the minimum requirements are again met.  Students will be notified in writing if they are on financial aid probation and if they become ineligible for financial aid.

There are a few circumstances in which students may have a case to appeal. For more information, refer to the financial aid section of the Menlo College catalog or contact the Office of Financial Aid.

MENU

Menlo College