Does the Loan Replacement Grant mean that all students from families with incomes of $50,000 or less will have their tuition, room, and board covered with grants?
No. LRG is designed for students who meet need-based loan eligibility based on a review of financial circumstances that can only be determined through the standard financial aid need analysis. A family’s entire financial portfolio, including income, assets, and other earnings will be considered for eligibility to receive financial aid. Emory is committed to awarding aid based on financial need determined by a thorough review of each family’s circumstances. Financial need is assessed using institutional methodology and the 568 Consensus Approach. Education is the primary responsibility of the student and family. Emory will award financial aid to supplement, not replace, the family’s ability to pay. Our goal is to assist as many families as possible in a fair and equitable manner while meeting demonstrated need.
Related Questions
- A school tuition organization cannot limit availability to only students of one school. Does that mean that the organization must actually make grants to more than one school?
- Does the Loan Replacement Grant mean that all students from families with incomes of $50,000 or less will have their tuition, room, and board covered with grants?
- Is there additional support available for students whose families now have a diminished capacity to pay tuition and expenses?
