As Suffolk University Madrid Campus is a fully accredited American university operating in Spain, all U.S. federal aid can also be applied to our institution abroad. U.S. government aid is handled through the Financial Aid Office at our Suffolk home campus in Boston. The Federal Code for Suffolk University is 002218. US citizens and permanent residents are eligible to apply for need-based federal aid by submitting the Free Application for Federal Student Aid (FAFSA) form. The suggested deadline to submit the FAFSA is March 1.
Helping to make a Suffolk education more affordable, Suffolk Madrid Campus also offers merit scholarships to academically qualified freshmen and transfer students. In the Fall of 2015, merit scholarships ranged between $9,000 and $16,000 per academic year at the Madrid Campus. These scholarships can be renewed and are available regardless of income. A Free Application for Federal Student Aid (FAFSA) is not required to be considered for merit scholarships. A determination of a student’s eligibility for merit assistance will be made at the time of admission to the University.
- As merit scholarships are limited, the earlier a student applies, the better chance to be considered for a merit award. No extra scholarship forms are required. Scholarship recipients are typically notified by mid-March.
- Awards are based on academic achievement (high school grades and standardized test scores), letters of recommendation, and extracurricular involvement.
- Requires full-time enrollment.
- Scholarships are renewable each semester at Suffolk Madrid, as long as a specific GPA is maintained.
Students from other Universities planning to attend the Suffolk University Madrid Campus for a Study Abroad Program will need to fill out a Consortium Agreement form to receive Financial Aid from their university.
Financial Literacy - SALT
SALT is a free resource available to Suffolk University students and alumni helping them to make smart financial choices for life. Students may obtain advice on all financial matters pre- and post-college from experts in financial literacy. The opportunity for one-on-one financial counseling is available. Topics include budgeting, loan repayment, and credit. Students also have access to job, internship, and scholarship listings. To get started, please register at SALT Money.
Important Notice to Financial Aid Recipients:
Please be aware that any reduction in tuition and fees charges due to withdrawals, partial or total fee waivers or any other type of fees reduction, may result in a reduction of the financial aid funds granted to you for the current Academic Year. In some cases, the application of a refund schedule or a fee waiver will trigger the reduction of the financial aid funds, and this may result in a pending balance on your account. Please contact your financial aid advisor for further information before you make the decision to withdraw or request a fee waiver.