Tuition & Aid
Financial Aid

Invest in Your Future

Admission to Minerva is merit-based and need-blind. Accordingly, your eligibility for financial aid is determined entirely by your demonstrated need. We evaluate each admitted student’s financial situation impartially by ensuring equal opportunity, regardless of ethnicity, nationality, or gender. If you are admitted and demonstrate financial need, we will offer an aid package that enables you to attend — no matter who you are or what country you are from.

A Minerva degree is affordable — a fraction of the cost of other top-tier institutions — and the education is superior, with results to prove it. After only freshman year, Minerva students outranked all graduating U.S. seniors on the CLA+, an externally validated assessment of student learning.

In addition to our dedication to providing an extraordinary education to all qualified students — at an exceptionally low cost — we believe sharing in the financial obligation is a reflection of your understanding of the value of a Minerva education. That is why you and your family are expected to contribute to the cost of attending, to an extent that is both fair and sustainable.

Aid packages typically comprise a low-interest loan — not exceeding $20,000 across all four years — and work-study opportunities. This combination incentivizes ongoing family support and your focused participation, while reducing any lasting financial burden after you graduate. To cover any remaining need, the Minerva Institute will provide a need-based scholarship made possible by the generous contribution of philanthropic donors.

Fabiola chatting with classmates
“My biggest passion is to improve the education system in Rwanda and there is no better way to learn about reinventing education than being a student at Minerva.”
Fabiola Kabera
Class of 2019
Kigali, Rwanda

Photo: Bob Miller

Applying for Financial Aid

To support our need-blind admissions policy, our independent financial aid application process is designed to evaluate all admitted candidates equally, so your financial aid application is reviewed separately from your admissions materials. This means that applying for financial aid will not affect your admissions decision in any way. Every applicant — whether from the U.S. or any other country — is eligible to apply for financial aid.

If you are admitted to Minerva and qualify for aid, you will be offered a financial aid package commensurate with your demonstrated need. To be considered for financial aid, complete the admissions process and then follow the steps listed under Financial Aid Requirements at the bottom of this page.

Please note, if you have already obtained an undergraduate degree or graduated from another university, prior to enrolling at Minerva, you will only be eligible for a low-interest student loan.

Financial Aid Deadlines/
2018–2019 Academic Year
Cycle Deadline
Early Action November 15, 2017
Regular Decision I February 15, 2018
Regular Decision II April 1, 2018
Returning Students February 15, 2018
Note: Binding Enrollment applicants should submit their documents by the deadline stated for their admissions cycle. Financial aid packages will be delivered to admitted students within four weeks following their completion of all financial aid requirements.

Financial Aid Requirements

In order to receive a financial aid decision, you must complete all financial aid requirements by the deadline corresponding with your application cycle (see chart above). Late financial aid applications will incur a $20 processing fee and may not be considered for a Minerva Institute scholarship.

1. Complete the CSS Profile for Fall 2018*

  • Minerva School Code: 6033

2. Complete Minerva’s Financial Aid Questionnaire

3. Upload Required Documents to the Financial Aid Center:

  • 2016 and 2017* Tax Returns and W2 forms for both parents OR foreign country equivalent (income statements or letter of employment confirmation stating monthly salary)

  • Parents’ bank statements covering the four most recent months for each account held in their names (checking, savings, investment, etc.)

** Note: if you are applying during the Early Action admissions cycle and will not yet have 2017 tax information available, please upload your parents’ most recent income statements instead.

***Students applying to the Master of Science in Applied Analyses and Decision Making  program and all students who have already obtained an undergraduate degree are not required to complete a CSS profile.

If you have what it takes to thrive at Minerva, take the next step.