Financial Aid
Financial assistance is available to students to help pay for their educational costs. Molloy University participates in the Federal and State financial aid programs, as well as offering Institutional support in the form of grants and scholarships. Financial aid is also available in the form of loans and work-study programs.
All students who wish to be considered for financial aid (including Scholarships) must file the Free Application for Federal Student Aid (FAFSA) or the FAFSA Renewal Application. Legal New York State residents who will attend full-time must also file the New York State Tuition Assistance Program Application with New York State Higher Education Services Corporation (NYSHESC). The Tap Application can be filed electronically at www.hesc.ny.gov after the FAFSA is filed with the Federal processor. To receive maximum consideration for the different financial aid programs, it is suggested students file their application for the following academic year as of October 1st. Priority consideration for institutional awards will be given to those students whose processed forms are received by March 1st. Students must re-apply for financial aid every academic year. Renewal of awards is not automatic.
Note: Continuing students receiving Institutional Awards (Molloy Scholars, Dominican Scholarships, Athletic Scholarships, Community Scholarships, etc.) must file the FAFSA as of October 1st for the following academic year or very soon thereafter. The Financial Aid Office must receive the student's required documentation and FAFSA no later than March 1st for the upcoming academic year.