/Institutions/Stevens-Institution-of-Technology/json/2022-2023/Academic-Catalog-local.json

/Institutions/Stevens-Institution-of-Technology/json/2022-2023/Academic-Catalog.json

2022-2023 Academic Catalog > Financing a Stevens Education > Undergraduate Student Financial Aid Information > Institutional Financial Aid Programs

Institutional Financial Aid Programs

Stevens has a strong commitment to assisting and investing in talented students. We offer a wide range of need-based grants and merit-based scholarships, of which many are made available due to our generous friends and successful alumni. Institutional merit scholarships received at Stevens are renewable for eight full-time undergraduate semesters, provided the recipient maintains satisfactory academic progress and meets predetermined academic requirements as stated in the original award notification. Eligibility for renewal is determined after each spring semester. A student must enroll as a full-time undergraduate (12 credits per semester) in order to receive any award(s). In no case will the scholarship exceed the tuition cost. Dollar amounts range between $1,000 and full tuition. Merit scholarships are only awarded at the time of admission after review by the Office of Undergraduate Admissions. Merit scholarships are determined by considering the strength of a student’s application, including academic record and standardized test scores. Therefore, new merit awards are not available for returning students.

Undergraduate students who are admitted to graduate degree programs are reclassified as graduate students when they are within six (6) credits of completing their undergraduate degree and are enrolled in at least one graduate level course. Students reclassified as graduate students are no longer eligible for undergraduate institutional aid.

Stevens merit-based scholarships include the following:

• Global Scholars Awards
• The Edwin A. Stevens Scholarship
• Martha Bayard Stevens Scholarship (formally known as Women in Engineering Scholarship)
• The Presidential Scholarship
• The Ann P. Neupauer Scholarship
• ROTC Matching Scholarship
• FIRST Scholarship
• The Clark Scholarship
• The Stevens Grant