Financial Aid The Office of Financial Aid strives to help make a Menlo College education affordable for all eligible students. The Office provides application information and evaluation for student eligibility for financial aid programs available at the College. Menlo College maintains a broadly based program of financial assistance for students. The financial aid that students receive from federal, state, college, and local programs helps them meet the expenses (tuition and fees, books and supplies, room and board, transportation, and personal expenses) to attend Menlo. There are four basic types of financial aid: 1) student loans; 2) merit-based grants and scholarships; 3) need-based grants; and 4) work-study employment. Student loans must be repaid. Students awarded workstudy must be employed in a work-study-funded job in order to receive the funds. A student’s financial aid package (including merit scholarships, need-based grants, loans, and work-study) cannot exceed the cost of attending
Menlo College. The financial need of each family is based on information supplied on the Free Application for Federal Student Aid (FAFSA). The FAFSA form is required in order to apply for federal, California, and institutional needbased financial aid programs. All student loan, grant, and scholarship funds are applied directly to the student’s account at Menlo College. Additionally, financial aid programs are subject to federal, state, and institutional funding levels. Forms and requirements are subject to change. Students must meet citizenship and residency requirements to receive federal and California financial aid and must meet all federal and state requirements. Students who have already earned a bachelor’s degree are not eligible for grants, but may be eligible for merit scholarships. International F-1 visa students are not eligible for need-based financial aid, but are eligible for merit scholarships.
COST OF ATTENDANCE (COA) 2021-2022 The following chart shows the cost of attendance (COA) for the 2021-2022 academic year (fall 2021 and spring 2022). Students cannot receive more financial aid than their COA.
Tuition Student Fee Room & Board Books/Supplies Student Loan Fees
LIVING ON CAMPUS
L I VI N G O F F C A M P U S
LI V I N G W / PA R EN T / R E L AT IV E
46,625
46,625
46,625
800
800
800
15,990
1,685
9,080
1,124
1,124
1,124
390
390
390
Transportation
342
918
1,000
Miscellaneous
1,004
1,004
1,004
TOTAL COSTS
$66,275
$62,546
$60,023
The college tuition, related fees, and on-campus room and board expenses are paid directly to Menlo College. All other expenses are estimated, and provided for information and budgeting purposes.
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