The following grants and scholarships are offered to new students entering in the Fall of 2021.
Neumont Merit Scholarships
Merit-based scholarships are awarded to first-time, entering students who have demonstrated outstanding academic performance in high school or college. Prospective students who would like to be considered for any Neumont merit scholarship should:
- Complete Neumont’s Application for Admission
- Submit high school transcripts
- Submit college or other post-secondary education transcripts (if applicable)
- Submit an official standardized test score (ACT or SAT). Significant work experience may be counted in lieu of a standardized test score.
Merit scholarships are applied to quarterly tuition costs and awarded for each academic year. An academic year is defined as three quarters (nine months).
Merit scholarship recipients must maintain a cGPA of 3.25 or higher. Students whose cGPA drops below 3.25 in an academic year will forfeit their merit scholarship in the next academic year, as described in the Grant and Scholarship Forfeiture section of this catalog.
In addition, merit scholarship recipients must maintain at least half-time enrollment and abide by student conduct standards, as outlined in the current edition of the Student Handbook.
There are two types of merit-based scholarships:
Presidential Scholarship
Neumont reserves Presidential Scholarships for the most academically accomplished applicants.
Selected applicants are awarded either a 100% or 50% tuition scholarship for the entire degree program. 100% Presidential Scholarship recipients may not receive any other Neumont scholarship or grant (Achievement, Access, Transfer, Utah Resident, Women in Technology, or Service) except the Outside Scholarship Match.
Achievement Scholarship
To encourage the enrollment of highly-qualified students who demonstrate outstanding academic aptitude, Neumont awards Achievement scholarships in the following tiers:
- $20,400 for the entire program ($1,700 per quarter) for up to twelve quarters
- $18,000 for the entire program ($1,500 per quarter) for up to twelve quarters
- $15,600 for the entire program ($1,300 per quarter) for up to twelve quarters
- $15,000 for the entire program ($1,250 per quarter) for up to twelve quarters
- $12,000 for the entire program ($1,000 per quarter) for up to twelve quarters
- $9,000 for the entire program ($750 per quarter) for up to twelve quarters
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 up to 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.
Other Scholarships and Grants
Neumont has a variety of other scholarships and grants to assist students in further reducing the cost of their education. These benefits are based on previous education, gender, full-time service in the military or with a religious organization, Utah residency, and utilizing outside awards at Neumont.
Grant and Scholarship Forfeiture
Students will forfeit their grant or scholarship award in a given academic year for one or more of the following reasons:
- Their cGPA falls below the specified level for the grant or scholarship and they have exhausted their grant or scholarship probation period.
- They drop below half-time enrollment, which is defined as six credits or more. Students may petition the VP of Student Affairs to maintain grants or scholarships when exceptional circumstances require less than half-time enrollment. Any exceptions must be approved by the VP of Student Affairs in writing.
- They have violated other Neumont standards, as outlined in the current edition of the Student Handbook and other publications referenced in the handbook—such as Housing Rules and Regulations, Acceptable Use Policy, and course syllabi.
- Forfeiture of grant or scholarship awards is at the discretion of the Student Conduct Administrator.
- Forfeiture of grant or scholarship may occur as a consequence of a first or subsequent offense—depending on the severity and nature of the offense.
- The period of grant or scholarship ineligibility may range from one quarter to the duration of a student’s enrollment at Neumont.
Undergraduate Grant and Scholarship Re-instatement Guidelines
- Students who forfeit their Achievement, Presidential, or Access Grant due to an inadequate cGPA in a given quarter are provided a grant or scholarship probationary period for the remaining quarters of the academic year (an academic year is three quarters). For example, if a student’s cGPA falls below the requirement for a Neumont grant or scholarship in the first quarter of the academic year, they will maintain that grant or scholarship for the remaining two quarters of the academic year.
- If, at the end of the academic year, the student’s cGPA remains below the grant or scholarship requirement, the grant or scholarship is lost for the following academic year.
- Students who forfeit a grant or scholarship due to inadequate cGPA during their standard enrollment period may be eligible for grant or scholarship reinstatement in the next academic year if they meet or exceed the minimum grant or scholarship cGPA requirement by the start of the next academic year. Any student who has regained the required cGPA during an academic year may request a re-evaluation of their cGPA by the registrar.
- Reinstated grants or scholarships are awarded for subsequent quarters, but are not awarded retroactively.
- Grants or scholarships lost due to a violation of Neumont standards resume in the quarter after completion of a grant or scholarship ineligibility period, as determined by the student conduct administrator.