The Office of Financial Aid provides financial counseling, coordinates financial aid awards, and makes aid application and program information available to all students. Higher education is an investment in your future, and Marymount works to ensure that resources are available to assist you.
Remember, you can apply for financial aid at the same time that you apply for admission to the University. Once you’ve been accepted to Marymount, an award may be made based on your qualifications. We offer a wide variety of financial aid that decreases the actual final cost of a Marymount education.
New Scholarship Opportunity from The Hispanic Heritage Fund!
The 2024 HSF Scholar Program Application is now open and closes on February 15, 2024,5:00 PM PT.
Deadline: February 15, 2024, 5:00 PM PT
- Every year, HSF selects 10,000 outstanding students as HSF Scholars from a broad and talented pool of applicants
- HSF Scholars have access to a full range of invaluable Scholar Support Services, including career services, mentorship, leadership development, knowledge building, and wellness training
- Career services include access to select internship and job opportunities with HSF corporate partners
- HSF Scholars are eligible to apply for all Scholar Conferences including, the STEM Summit, Finance Conference, Media & Entertainment Summit, Entrepreneurship Summit, and Healthcare Summit
- Exclusive access to the HSF Insider which shares invaluable information and career opportunities
- Finally, and importantly, HSF awards more than $30 million in Scholarships annually and, depending upon available funds, HSF Scholars may also be eligible to receive a scholarship, which range from $500-$5,000 and are awarded directly to students
- Must be of Hispanic heritage
- U.S. citizen, permanent legal resident, or DACA
- Minimum of 3.0 GPA on a 4.0 scale (or equivalent) for high school students; minimum of 2.5 GPA on a 4.0 scale (or equivalent) for college and graduate students
- Plan to enroll full-time in an accredited, public or not-for-profit, four-year university, or graduate school, in the U.S., for the 2024-2025 academic year
- Submit the FAFSA or state-based financial aid forms (if applicable)
About HSF:HSF empowers families with the knowledge and resources to successfully complete a higher education, while providing scholarships and support services to as many exceptional students as possible.
Founded in 1975, HSF has awarded over $730 million in scholarships. HSF Scholars have access to valuable Scholar Support Services and, as funding permits, scholarships ranging from $500 to $5,000.
Additional Important Information:
- It takes an average of 30 minutes for students to complete Phase I of the 2024 HSF Scholar Program Application
- No essays, recommendations, or document uploads are required in Phase I
- To get started, visit HSF.net and log into or create your myHSF profile to access the HSF Scholar Program Application
HSF Scholar Application Timeline:
- January – Phase I of the application opened January 1 and closes on February 15, 2024, 5:00 PM PT
- Late February – Applicants are evaluated and the most competitive are selected as Finalists
- March 1 – Finalists are announced and asked to submit essays, recommendations, transcripts, FAFSA, and other related documents
- June – HSF Scholars are announced (includes both funded and Scholars waitlisted for funding)
- June to November – Final Document Verification (financial aid award letter, enrollment verification, and related documents)
- December – Awards are disbursed after the verification process is complete
2024-25 Free Application for Federal Student Aid (FAFSA)
Submit your 2024-2025 FAFSA for the academic year beginning Fall 2024!
Marymount’s priority deadline is April 1st for 2024-2025.
FAFSA School Code: 003724
Attention students! Read on for changes to the 2024-2025 FAFSA
What is the FAFSA Simplification Act?
● The FAFSA Simplification Act is a law that has made it easier than ever for students to complete the FAFSA form and receive financial aid for college and help more students from low-income backgrounds receive Pell Grants. Here are some of the major changes that will be in effect starting the 2024-2025 FSA award year:
○ The new form typically opens on October 1st, but due to undergoing changes the ’24-25 FAFSA form will open December 2023
○ Federal Tax information (FTI) will be transferred directly from the internal revenue service (IRS)
○ Certain students can establish independent student status and not provide parental information on the FAFSA
○ Students with an adjusted gross income (AGI) below specified levels can automatically qualify for the MAX Pell Grant
○ The expected family contributions (EFC) will change to student aid index (SAI)—Students who do not qualify for a Pell Grant based on their AGI can still qualify for a Pell Grant based on their SAI.
○ Incarcerated students in a federal or state penal institution will be able to receive a Pell Grant as long as the correctional institution has prison education programs.○ Eliminates prohibitions for students with certain drug-related offenses and students who failed to register for the Selective Service
What’s changed for the 2024–25 FAFSA® form?
There are six key changes coming to the FAFSA form:
1. A spouse or stepparent may need to participate in your FAFSA form as a contributor. Contributor is a new term being introduced for the 2024–25 FAFSA form. A contributor refers to the student, the student’s spouse, a biological or adopted parent, the parent’s spouse (stepparent). A Contributor is NOT a grandparent, foster parents, legal guardian, brother or sister, aunt or uncle, even if they helped provide for or raise the student.
2. Your federal tax information will now be transferred directly from the IRS into the form. This information will be used to determine your eligibility for federal student aid and shared with schools and state higher education agencies to prepare financial aid offers.
3. For this transfer to happen, you and your contributors must provide consent and approval on the FAFSA form. This is a new requirement, and if consent and approval aren’t provided, you will not be eligible for federal student aid. Even if one of your contributors doesn’t have a Social Security number, didn’t file taxes, or filed taxes outside of the U.S. consent and approval are still required.
4. You and your contributors will each need to have your own StudentAid.gov account username and password to access and complete the online FAFSA form. Contributors who don’t have a Social Security number can still create a StudentAid.gov account to fill out their sections on the FAFSA form. But remember, you must be a U.S. citizen or eligible noncitizen to be eligible for federal student aid.
5. Once your FAFSA form has been started, you will now be able to view the status, including contributor progress in your StudentAid.gov account.
6. Finally, when you complete the online FAFSA form, your information can now be sent to more schools, with the option to select up to 20 colleges, career schools, or trade schools.
Helpful Links for the FAFSA Simplification Act:
- What is the FAFSA Simplification Act?
- FAFSA Simplification Act Changes
- Better FAFSA Form Information
- Congressional Research Service: FAFSA Simplification Act
Please visit the Federal Student Aid website and watch the video below for more information about the 2024-2025 FAFSA Award Year:
Accessing your Financial Aid Award through Self-Service
You can view and accept your award through your self-service via Marynet.
Click here for information on How to View and/or Accept Your Award
- Alternative/Private Loan Certification: 5-10 business days
- Direct & PLUS Loan Adjustments: 3-4 business days
- Financial Aid Verification & Appeals: 2-3 weeks (maximum of 3 weeks during peak periods in August and January)
Questions regarding Billing, Payment Plans, Pre-Paid Plans, and Refunds, contact the Office of Student Accounts