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Emory expands financial aid to allow more students to graduate debt-free | Emory University

Emory University will cancel loans based on needs as part of Undergraduate financial aid packages for students, replace them With Institutional Grants and Scholarships starting this fall for the 2022-23 academic year. This expansion of Emory Advantage will give more students the opportunity to graduate debt-free, reflecting The university’s commitment to making Accessible Emory Education Gifted students regardless of their financial resources.

Upon implementation in the fall, every undergraduate student eligible for need-based institutional assistance will automatically receive Expansion of the Emory Advantage Program. the original Emory Feature The program started in 2007 to serve Students from low and middle income families. expansion in The current program is expected to double Number of undergraduate students whose need-based loans have been replaced with grants at Emory, bringing the total to about 3,300 undergraduates.

“For Emory to fulfill our mission of serving humanity in everything we do, we continue to invest in making Emory’s education affordable for talented students of all financial backgrounds,” said President Gregory L. Fenves. “By canceling need-based loans for undergraduate students, our students have the opportunity to earn their Emory degrees with less debt as they embark on their extraordinary journeys after graduation.”

the Expand the Emory Advantage is being only one side from Emory running Effort to support students. Emory currently awards approximately $143 million annually in need-based assistance to undergraduate students. after executing Extended Emory Advantage Program, the University It is expected to award approximately $151 million annually in needs-based assistance to undergraduate students.

“By improving our original file creation program Emory feature expansion, we keep our promise Make Emory accessible to middle- and middle-income students Belamconda, Dean and Executive Vice President for Academic Affairs. “I am proud of this investment, as it is It aligns with our desire for our students to thrive academically and personally here at Emory and beyond. This is just one way Emory strives to make the special Emory experience accessible to all students, regardless of their socioeconomic status. “

to be considered Extended Emory Advantage Program, undergraduate students and families must complete and submit a college scholarship service profile (CSS Profile) and a free application for Federal Student Aid (FAFSA). Emory uses this information to help determine a student’s eligibility for need-based institutional assistance. Needs-based assistance takes into account the extent to which the family is financially able to contribute to the costs of education.

Valid Returning students will receive an email from the Financial Aid Office within the next two days with more information. For more questions, Call Financial Aid Office.

in all, Emory gives about $353 million each year to organizations Scholarship and Scholarships Help for undergraduates, graduate students and professionals. In addition, students receive $9.7 million in federal grants and tuition aid and $6 million in government grants. As part of the Federal Scholarships, Emory students receive $8 million in Pell Scholarships.

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