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National Application Center :: campus tours :: Molloy University costs & financial aid

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Molloy University

Molloy University
1000 Hempstead Avenue, PO Box 5002
Rockville Centre, NY 11571

Official telephone: (516) 323-3000
Toll-free telephone: (888) 4-MOLLOY
Website: www.molloy.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2014 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Ana Lockward,
Director of Financial Aid
Contacting the office: 516 323-4200
516 323-4213 (fax)
office-of-financialaid@
molloy.edu
FAFSA number: 002775

EXPENSES
Undergraduate tuition: $28,000; $28,000 out-of-state
Additional required fees: $1,100
Book fees: $1,470
Miscellaneous expenses: $9,622
Other expenses: Transportation, miscellaneous.
Combined room and board expenses: $10,190 - $15,740

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAApril 15noMay 1
State Aid FormApril 15noMay 1

Date award notification begins: February 1
Applied for financial aid:
95% of first-year students
84% of full-time undergraduates
76% of part-time undergraduates
Determined to have financial need:
88% of first-year students
89% of full-time undergraduates
91% of part-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
99% of full-time undergraduates
93% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
97% of first-year students
94% of full-time undergraduates
59% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
83% of first-year students
83% of full-time undergraduates
94% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
10% of first-year students
7% of full-time undergraduates
0% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
13% of first-year students
10% of full-time undergraduates
1% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
60% for first-year students
49% for full-time undergraduates
21% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$18,060 for first-year students
$15,670 for full-time undergraduates
$6,022 for part-time undergraduates
Average need-based gift award:
$13,966 for first-year students
$12,026 for full-time undergraduates
$3,903 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$5,451 for first-year students
$5,281 for full-time undergraduates
$3,965 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,242 for first-year students
$4,130 for full-time undergraduates
$3,757 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
9% of first-year students
7% of full-time undergraduates
1% of part-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$9,419 for first-year students
$9,717 for full-time undergraduates
$1,125 for part-time undergraduates
Students who received a non-need-based athletic award:
1% of first-year students
2% of full-time undergraduates
0% of part-time undergraduates
Average non-need-based athletic award:
$4,849 for first-year students
$9,055 for full-time undergraduates
$0 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 5%

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
  • Federal Nursing Loans
  • private/alternative loans.
Parent loans packaged to meet need: yes
Percent of undergraduates who have borrowed through all loan programs: 78%
Average student debt upon graduation: $62,744
Types of payment plans:
  • Tuition Management Systems
  • school's own payment plan(s)
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
  • Federal Nursing Scholarships
  • TRIO and TEACH scholarships/grants.
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • academic merit scholarships/grants
  • creative arts/performance
  • athletic scholarships
  • alumni affiliation, religious affiliation, and leadership scholarships/grants.

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