Prospective Student Financial Aid
The cost of an ºÚÁÏÕýÄÜÁ¿ 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 ºÚÁÏÕýÄÜÁ¿ education a worthwhile investment for you.
Are you a transfer student? Check out a special financial aid page for transfer students.
ºÚÁÏÕýÄÜÁ¿ is affordable
Average Package Based on Parent Income
This chart estimates the federal, state, and institutional financial aid awards (including federal student loans) received by freshman in 2023-24.
| Income Range | Average Award | Award Range |
|---|---|---|
| $0 - 35,000 | $45,720 | $21,580 - $57,480 |
| $35,001 - 58,000 | $44,450 | $24,000 - $53,670 |
| $58,001 - 74,000 | $45,420 | $38,240 - $55,740 |
| $74,001 - 90,000 | $40,460 | $34,000 - $50,750 |
| $90,001 - 115,000 | $40,610 | $30,560 - $48,410 |
| $115,001 and up | $34,570 | $24,000 - $53,060 |
Scholarships
Merit-based scholarships are determined by a student cumulative high school GPA. Merit-based scholarships can be upgraded through January of the student's senior year.
Merit-based scholarships range from $18,000 to $27,000 per year and are renewable for four years, depending on academic performance. A separate application is not required for many merit applications.
*ºÚÁÏÕýÄÜÁ¿ became test free for SAT/ACT as of March 2020.
ºÚÁÏÕýÄÜÁ¿ Promise Grant
The ºÚÁÏÕýÄÜÁ¿ Promise Grant covers 100 percent of all remaining tuition costs after state, federal, and institutional grants or scholarships have been awarded for residents of Virginia receiving the Virginia Tuition Assistance Grant. Learn more about eligibility criteria below:
Grants
ºÚÁÏÕýÄÜÁ¿ 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
