Frequently Asked Questions
Our Financial Aid & Veterans Services Office has compiled a list of common questions many prospective students have throughout the financial aid process. If you have additional questions, please contact your admission counselor and she will be happy to help.
Cost of Attendance
- What Mount Mary scholarships am I eligible to receive?
- When should I apply for scholarships?
- How do I get an academic scholarship?
Financial Aid Types and Procedures
- What is financial aid?
- How do I get grants and loans?
- How do I apply for financial aid?
- When should I apply for financial aid?
- What is Mount Mary’s FAFSA code?
- Can you tell me how much financial aid I will get before I file the FAFSA?
- When will I receive my financial aid award?
- How do I accept my financial aid?
- When will my financial aid and scholarships be applied to my university bill?
How much is room and board?
Room and board rates vary depending on the type of room you prefer. View room and board rates.
What Mount Mary scholarships am I eligible to receive?
Mount Mary awards an academic scholarship to nearly every full-time incoming freshman and transfer student upon acceptance to the university. Additional Mount Mary scholarships are available. Learn more about scholarships at Mount Mary.
It is important to apply for scholarships during your senior year of high school or at least one term before enrolling at Mount Mary. For scholarships at Mount Mary, most scholarship deadlines occur between December and February each year. Mount Mary academic scholarships do not require an application; they are awarded automatically to eligible students upon acceptance to the university.
Scholarships from external organizations (community organizations, foundations, employers, professional organizations, etc.) may allow you to apply for scholarships prior to your senior year of high school. We encourage you to look for scholarships early—even as early as your sophomore or junior year—so you can take advantage of those opportunities and plan for deadlines.
Mount Mary automatically awards academic scholarships to eligible full-time incoming freshmen and transfer students upon acceptance to the university. Learn more about academic scholarships.
Financial aid encompasses loans, grants, scholarships and work-study employment opportunities—all are different forms of money to help pay for college.
To be considered for grant or loan programs, you must file the Free Application for Federal Student Aid (FAFSA). Learn more about how to apply for financial aid.
You must complete the Free Application for Federal Student Aid (FAFSA) form to be considered for federal, state, and institutional grants and loans, as well as for some scholarships. You must complete the FAFSA each year. Learn more about how to apply for financial aid.
You should apply for financial aid during your senior year of high school or at least the term prior to enrolling at Mount Mary. Mount Mary's preferred filing deadline is March 1. We strongly encourage you to file your FAFSA no later than March 1 to get the most financial aid possible. Learn more about how to apply for financial aid.
Mount Mary’s FAFSA code is: 003869 .
Mount Mary offers two ways to obtain estimates of the financial aid you may be eligible to receive—a Net Price Calculator (which you can fill out online anytime) and our annual Financial Aid Early Estimator service (due in December). Both of these options are for first-year or transfer undergraduate students only.
To receive your financial aid award, you must be accepted by Mount Mary and have completed the FAFSA and entered Mount Mary’s school code so that we receive your FAFSA information. For students enrolling in summer or fall terms, financial aid packages are mailed beginning March 1 and are completed on a rolling basis. For students enrolling in the spring semester, financial aid packages are mailed beginning October 1 and are completed on a rolling basis.
Log in to your MyMountMary account and select the Finances tab. Select MyFinancialAid to accept or decline your awards and complete any necessary documents. See more information about what to do after filing for financial aid.
Contact the Business Office about when financial aid and scholarships will be applied to your tuition bill. If you need to set up a payment plan, please contact the Business Office.