Financial Aid

Prospective Student Financial Aid

99% receive financial aid Average financial aid package is $30,000 $14 million in financial aid each year

The cost of an EMU education often compares favorably to that of large public universities.

One-on-one financial counseling from well-trained and caring staff will result in financial planning that makes an EMU education a worthwhile investment for you.

Are you a transfer student? Check our a special financial aid page for transfer students.

EMU is affordable 

Average Package Based on Parent Income

This chart estimates the federal, state, and institutional financial assistance awards (including federal student loans) received by freshman in 2017-18. 

Income Range Average Award Award Range
$0 - 35,000 $38,598 $27,570 - 43,900
$35,001 - 58,000 $39,401 $34,515 - 46,605
$58,001 - 74,000 $37,304 $29,751 - 46,850
$74,001 - 90,000 $35,299 $27,770 - 46,530
$90,001 - 115,000 $32,053 $26,598 - 46,613
$115,001 and up $28,692 $18,650 - 43,260

Scholarships

Merit-based scholarships are determined by a student cumulative high school GPA and the highest SAT combined score or ACT composit score. Merit-based scholarships can be upgraded through January of the student's senior year. 

Merit-based scholarships range from $12,000-20,000 per year and renewable for four years, depending on academic performance. A separate application is not required for many merit applications.

Grants

EMU participates in the following grants. Explore grants further at www.emu.edu/financial-aid/grants

  • Federal Pell Grants
  • Federal Need-Based Grants
  • Virginia Tuition Assistance Grant (VTAG)
  • Alumni Dependent Grant
  • Church Matching Grant
  • GI Bill and Yellow Ribbon Program
  • Tuition discounts for dependents of faculty and staff of Mennonite education institutions
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