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.
Suffolk Madrid Campus also offers merit scholarships to academically qualified freshmen and transfer students. All students are automatically considered for a merit scholarship which can cover up to 50% of the tuition fee. 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.