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Financial Aid
F.A. Documents | Resources | Types of Financial Aid
At The New England Institute of Art, we believe in Financial Planning, not just Financial Aid. From the moment of application, a team of admissions and financial aid staff will work together to facilitate your experience.
By working with both the student and the family, we can provide a payment plan that allows you to budget for your entire program, with monthly payments as affordable as possible.
The Planning Process
At the time of initial enrollment, you'll work with a financial aid officer and will develop a financial plan to meet related expenses. The New England Institute of Art is eligible to offer its students the opportunity to apply for several types of aid available.
Financial Aid Awards
Student Financial Services can advise on applicable deadlines for financial aid awards. Please note: federal and state government aid programs are contingent upon legislative appropriations, and are subject to change. The Student Financial Services Department will notify you if your plan has changed. Continuing students should be aware that the federal and state eligibility criteria are periodically reviewed and modified.
How Federal Aid is Awarded
When you complete the Free Application for Federal Student Aid (FAFSA) and indicate The New England Institute of Art as one of your school choices, we will be able to receive an Institutional Student Information Report (ISIR) electronically. The ISIR will
contain an Expected Family Contribution (EFC). The EFC is determined by a set federal formula and relates to the amount that you (and your parents, if you are a dependent student) might be expected to pay for direct and indirect costs for one academic year. The EFC, in relation to your costs, is used by The New England Institute of Art to determine your eligibility for "need based" aid.
Determining Dependency Status
If you can answer "Yes" to any of the questions below, you will be considered "independent" for the purposes of federal financial aid, and your parents will not need to answer the parent questions on the FAFSA. If you answer "No" to all of these questions, you are considered to be "dependent.
- Are you married?
- Are you supporting legal dependents other then a spouse?
- Are you an orphan?
- Are you a ward of the court?
- Were you a ward of the court until age eighteen?
- Are you a veteran of the U.S. Armed Forces?
- Will you be twenty four years old by December 31st of the award year?
Check out these other resources to aid you in the process.
You can apply online, now.
For more information, please contact Student Financial Services at 1-800-903-4425 ext.4407 or by email.
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