Tuition & Aid
Financial Aid

Invest in Your Future

Admissions at Minerva is merit-based and need-blind. Your eligibility for financial aid is determined entirely by your demonstrated need. This independent financial aid application process allows us to evaluate all candidates equally, so if you meet our rigorous admissions standards, we will offer a package that will enable you to attend.

Our first commitment is to provide an extraordinary education at an exceptionally low cost. Instead of investing in the extensive facilities and amenities found on most university campuses, we use the vast resources of major world cities as our educational, cultural, and social infrastructure. This allows us to keep costs low, while focusing on maintaining small classes, advanced learning technology, leading faculty, and an unparalleled student experience.

Our second promise is to evaluate each individual financial situation equally — giving you equal opportunity regardless of your nationality — then offer a financial aid package accordingly. We believe the responsibility for funding your education should be shared. We do not offer “full ride” scholarships because your financial involvement is a reflection of your commitment and understanding of the value of a Minerva education. You and your family are expected to contribute to the cost of attending, to an extent that is 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.

Lastly, the Minerva Institute is dedicated to providing need-based scholarships to the most financially disadvantaged students. Based on generous philanthropic gifts, every dollar in the scholarship fund is directed to educating our students.

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

Minerva follows a need-blind admissions policy, so your financial aid application is reviewed in an entirely independent process. This means that applying for financial aid will not impact your admissions decision in any way.

All international and U.S.-based students are eligible to apply, and applicants who are admitted and qualify for aid will receive a financial aid package commensurate with their demonstrated financial need. Applicants who have already obtained an undergraduate degree, or graduated from another university before enrolling at Minerva only qualify for student loans.

To be considered for financial aid, apply to Minerva and then follow the steps listed under “Financial Aid Requirements.”

Financial Aid Deadlines/
2017–2018 Academic Year
Cycle Deadline
Early Action November 15, 2016
Regular Decision I February 15, 2017
Regular Decision II April 1, 2017
Extended Decision April 20, 2017
Returning Students February 15, 2017
Note: Binding decision applicants should submit their documents by the deadline stated for their admissions application cycle.

Financial Aid Requirements

Applicants must complete all financial aid requirements by the financial aid deadline listed for their application cycle in order to guarantee a financial aid decision. Late applications will incur a $20 processing charge and are not guaranteed aid access to our scholarship fund.

1. Complete the CSS profile for Fall 2017

  • Minerva School Code: 6033

2. Complete Minerva’s Financial Aid Questionnaire

3. Upload Required Documents to the Financial Aid Center:

  • 2015 and 2016* Tax Returns and W2 forms for parents and, if applicable, students. OR foreign country equivalent (earning statements, letter of employment confirmation)
  • A copy of parents’ four most recent monthly bank statements for each account held in their names (checking, savings, investment, etc.)

*If you are applying for Early Action, you must upload 2016 tax returns to the Financial Aid Center by February 15, 2017.

**Students applying to the Master's program and all students who have already obtained an undergraduate degree are not required to complete a CSS profile.