Madrid Financial Aid
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.
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.