Grants and Scholarships
|Most grants and scholarships funded by Fisher College require that a student demonstrate financial need. Most need-based grants and scholarships are awarded for a total of eight academic semesters. An academic semester is a term in which a student is enrolled in classes and paying Fisher tuition. Students must continue to make uninterrupted progress toward their degrees and maintain their academic standing in order to receive grant funding.
Determining Award Amounts
Each application for assistance is reviewed to determine the student's eligibility for all types of financial aid. The Free Application for Federal Student Aid (FAFSA) is the primary document used by Fisher College to collect information on a family's financial situation and determine financial need.* The same standards are applied to all applicants. Your Offer of Financial Assistance is derived from a number of factors. We begin with the estimated cost of attendance. From this, we subtract the Expected Family Contribution (EFC),* which is derived from information you submitted on the FAFSA, to arrive at your financial need. In addition to the need component, Fisher College recognizes a student's academic potential when awarding institutional grant funds.
*Financial Need - The difference between the cost of education and the expected family contribution is your financial need. It is Fisher College's intent to meet as much of a student's financial need as available funds will allow. An aid package may include a combination of grants, scholarships, loans, and work-study.
*Expected Family Contribution (EFC) - The primary responsibility for financing an education rests with students and their families. Institutional, federal, and state assistance is intended to be a supplement for families who need assistance meeting these costs.