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Types of Financial Aid

To help you pay for your Menlo education, we offer merit-based scholarships as well as need-based grants, low-interest loans and on-campus employment. To see what types of aid you may qualify for, use our Net Price Calculator.

Mission Statement

All applicants are automatically assessed to potentially receive a renewable academic scholarship at the time of admission. Menlo Academic Scholarships are renewable for up to 4 years. In order to renew the scholarships, students must maintain a minimum Menlo cumulative GPA of 2.00 and earn a minimum of 24 units per year at Menlo College.

Recruited Athletes are not eligible for academic scholarships. Please contact the coach regarding athletic aid opportunities.

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Menlo Academic Scholarships

Entering Domestic and International First-Year and Transfer Students

  • Academic Scholarship – up to $20,000 per year (renewable)

Other Menlo Scholarships

Recruited athletes are not eligible for these additional scholarships. Please contact the coach regarding athletic aid opportunities.

Referral Scholarship (Non-renewable)

Menlo College students can earn a $1000 scholarship by referring a new student.  The new student must enroll full-time at Menlo College for the scholarship to be awarded.  Apply here.

Legacy Scholarship- up to $5,000 per year (renewable)

Recipients of the Legacy Scholarship must be either the children, grandchildren, or siblings of Menlo alumni. Click here to apply.

Phi Theta Kappa Scholarship for Transfers – $2,500 per year (renewable)

Click here to see if you are eligible, we encourage you to apply immediately.

Osher Scholarship

We encourage students with a gap in their education to apply immediately. Click here to see if you are eligible.

Mission Statement

Grants are awards that typically do not need to be repaid and are awarded based on the financial need of the student. The amount of grant aid awarded is determined by a federal formula that is based on calculations made from the Free Application for Federal Student Aid (FAFSA). All students wishing to be considered for grants must complete the FAFSA.

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Menlo Grant*

Menlo Grant is the College’s institutional grant program. Funds are restricted to
meet need after certain other resources, such as federal grants, are considered. The amount of aid awarded will vary, and is based upon both demonstrated need and merit.

*Menlo merit-based scholarships and Menlo grants pay tuition costs only and
may be reduced in accordance with state and federal regulations or institutional policy. Recruited athletes are not eligible for the Menlo grant program.

Menlo Opportunity Grants

Menlo College is committed to making higher education affordable for all students. The following grants are aimed at decreasing the gap between financial aid and cost of attendance to meet the EFC for qualifying students. Recruited athletes are not eligible for these grants.

Menlo California Opportunity Grant

Students from California may be able to attend Menlo College for a $0 balance if they meet the following requirements:

  • California Resident
  • Pell Grant Eligible*
  • Cal Grant Eligible**

*Federal Student Aid awards are estimated based on expected family contribution of $0 and may be subject to verification by the Department of Education. **Cal Grant B will be supplemented with institutional aid for the student’s first year. Cal Grants are estimated and not guaranteed until authorized by the California Student Aid Commission.

Menlo VA Opportunity Grant

Menlo College supports our military families and is committed to providing quality and affordable education to our veterans, their benefactors, and their families. Students eligible under the Yellow Ribbon Program are fully funded to attend Menlo College.

Menlo HI Opportunity Grant

Students from Hawai’i may be able to attend Menlo College for a $0 balance if they meet the following requirements:

  • Hawai’i Resident
  • Pell Grant eligible*
  • Receiving Nā Ho’okama a Pauahi Scholarship and/or Other Outside Scholarship(s) of totaling at least $8K

*Federal Student Aid awards are estimated based on expected family contribution of $0 and may be subject to verification by the Department of Education.

student-aid-commissionCal Grant

First-time college students who are California residents and who filed their FAFSA and Cal Grant GPA Verification Form by the March 2, 2019 deadline may be eligible for this need and merit-based state grant. The California Student Aid Commission (CSAC) will notify students of their eligibility, usually by May. The proposed maximum award in 2019-2020 for first-time Cal Grant A recipients is approximately $9,084, and for Cal Grant B recipients is $1,672.

Federal Pell Grant

Pell Grants are available to low-income undergraduate students. The maximum award in 2019-2020 is $6,095, but individual awards depend on enrollment status and Expected Family Contribution (EFC).

Federal Supplemental Educational Opportunity Grants (SEOG)

SEOG is available to very low-income students, up to $1,000.

Mission Statement

If you apply for financial aid, you may be offered loans as part of your school’s financial aid offer. Loans are funds that you must repay with interest. Federal loans offer an economical, government-regulated method of paying college expenses. Benefits include a fixed interest rate and flexible, income-based repayment plans. You can also apply for private or alternative loans, but these are typically more expensive. If you decide to take out a loan, make sure you understand who is making the loan and the terms and conditions of the loan.

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Mission Statement

Menlo participates in the Federal Work-Study program. This federally funded program gives you the chance to work a part-time job to earn money for school. The program encourages students to seek out community service work and employment related to your course of study.

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Here’s a quick overview of Federal Work-Study:

  • It provides part-time employment while you are enrolled in school.
  • It’s available to undergraduate, graduate and professional students with financial need.
  • It’s available to full-time or part-time students.
  • Employment Opportunities

Learn more about work-study opportunities.

How to Apply for Aid

We accept FAFSA and DREAM ACT applications for eligible students to determine what a student may qualify for. In order to apply for additional Menlo aid, outside of merit scholarships, you must complete the CSS Profile in order to be considered for need-based Menlo grants. If you are an international or out-of-state undocumented applicant, please complete the CSS Profile.

How Your Award is Determined

After you submit your FAFSA, DREAM ACT application, and/or CSS Profile, we then determine your financial need by subtracting your Expected Family Contribution (EFC) from the Cost of Attendance (COA) at Menlo. This helps us understand you and your family’s ability to pay for school and if additional grants or scholarships are needed to help fund your education at Menlo. Remember to submit important income and tax documents for us to confirm your eligibility as soon as possible. Sometimes your Expected Family Contribution does not reflect your current ability to pay for your college cost. When this happens you may submit a financial aid appeal directly to us, email financialaid@menlo.edu.

Estimated Family Contribution (EFC) and Financial Need

Your Cost of Attendance (COA) is an estimated cost of what you may expect to pay to attend Menlo College and includes direct costs such as tuition, fees, room and board, as well as indirect costs including books and supplies, transportation, and other eligible miscellaneous expenses related to your educational needs.

Your Expected Family Contribution (EFC) is an index number to determine how much financial aid you are eligible to receive at Menlo College. The information you report on your FAFSA is used to calculate your EFC.

The EFC is calculated according to a formula established by law. Your family’s taxed and untaxed income, assets, and benefits (such as unemployment or Social Security) all could be considered in the formula. Also considered are your family size and the number of family members who will attend college or career school during the year. The EFC Formula guide shows exactly how an EFC is calculated.

Need-based aid is financial aid you may be eligible if you have financial need and meet other eligibility criteria established by Menlo College. You may not receive more need-based aid than the amount of your financial need. Federal grants have maximum annual and lifetime eligibility limits, awards are based on enrollment and EFC.

Calculating Your Financial Need

Cost of Attendance (COA)
– Expected Family Contribution (EFC)
= Financial Need


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