Neumont Need-Based Grants and Scholarships
Neumont's need-based grants are awarded to first-time, entering students who have demonstrated financial need. They are designed to assist students and their families, regardless of academic performance.
Access Grant
Neumont awards Access Grants of $6,000 for the entire program ($500 per quarter) for all twelve quarters of attendance. Need is determined by the student’s Expected Family Contribution (EFC) calculated on the Free Application for Federal Student Aid (FAFSA). Access Grants are applied to quarterly tuition costs and awarded for each academic year. An academic year is defined as three quarters (nine months).
Annual renewal of Access Grants is not automatic. Students must reapply and submit a new FAFSA each calendar year. Depending upon calculated need in subsequent years, Access Grant awards may vary from one academic year to the next. Factors that are used in determining the annual Access Grant award include family income, assets, household size, and number of family members in college, as declared on the FAFSA.
Prospective students who would like to be considered for an Access Grant should:
- Complete Neumont’s Application for Admission
- Complete the FAFSA
- Complete Neumont’s Financial Aid Application
Access Grant recipients must maintain a cGPA of 2.50 or higher. Students who forfeit grant eligibility in an academic year due to inadequate cGPA will forfeit their Access Grant for the next academic year, as described in the Scholarship Forfeiture section of this Catalog. In addition, Access Grant recipients must maintain at least half-time enrollment status (six or more credits) and abide by student conduct standards, as outlined in the current edition of the Student Handbook.