Merit Scholarships – MCPHS University aspires to enroll students who have outstanding ability, academic promise, and a passion for healthcare. We recognize that a college education is one of the most important investments a student will make in his/her lifetime. To this end, our merit award program helps put an MCPHS University education within reach to qualified first-year applicants. It is not necessary to submit a separate application for consideration; all applicants will be reviewed for merit at time of acceptance.
MCPHS Award (Need based) – The University provides need-based scholarships to students with demonstrated financial need determined by their FAFSA application.
Pell Grant - This federal program provides grants to undergraduate students demonstrating exceptional financial need. Award amounts are determined by the federal government based off of their EFC.
SEOG Grant - The FSEOG program provides grants to undergraduate students demonstrating exceptional financial need. Awards are based off an annual allocation and cannot be guaranteed to every eligible student.
Direct Student Loans – Direct Student Loans are a federally funded educational loan for undergraduate students. The fixed interest rate and fees are defined by the federal government. More information about the Direct Student Loan program can be found, here.
Parent PLUS Loan - The Parent PLUS Loan is a federally funded loan that enables parents of dependent undergraduate students to borrow up to the cost of attendance, less financial aid. The fixed interest rate and fees are defined by the federal government and more information can be found, here.
Perkins Loan - The Perkins Loan is a need based federally funded educational loan with a fixed interest rate of 5%. It carries no interest while the student is enrolled at least half time, with interest accrual and repayment beginning nine months after the student ceases to carry at least a half-time course of study.
Private Student Loan - Loans available in this category are offered by various private lenders and are certified by the University each year for the student’s enrollment. There are numerous alternative loans available, from a wide variety of lenders many of which can be found using FASTChoice.
Health Professions Student Loan - The Health Professions Student Loan is need based a federally funded loan with a fixed interest rate of 5% available only to students in the undergraduate portion of the Doctorate of Pharmacy program (PharmD). It carries no interest while the student is enrolled full time. Repayment of principal and interest does not begin until 12 months after the student ceases to be enrolled full time.
Massachusetts State Aid - The Massachusetts State Aid program provides need based aid to full-time undergraduate students who demonstrate exceptional financial need and meet the Massachusetts residency requirements as detailed by the Massachusetts Office of Student Financial Assistance. Award amounts are determined by the state government and are estimated until final state appropriations.
Federal Work Study –Federal Work-Study is a need based award which provides the opportunity for part-time employment in an on-campus or community service related position.
Private Scholarships - Explore your local community (rotary clubs, businesses, high school, etc.) for scholarship opportunities to assist with the cost of your education. All scholarship awards from outside establishments are required to be reported to the Office of Student Financial Services.