How will I know if I am receiving a merit scholarship, and if I should apply for the need-based grant?
If you apply for admission to a Monterey Institute degree program by one of our priority scholarship deadlines, you will automatically be considered for a merit-based scholarship. Scholarship decisions are made and applicants are notified approximately 4 weeks after the deadline. You may also apply for the need-based grant, but these are completely separate review processes.
Yes. You must provide this information for yourself and your spouse if you are applying for the need-based grant.
Need-based grants range from $1,000 to $5,000. They are awarded in addition to any merit scholarships you may receive, and do not need to be repaid.
All prospective, admitted, and returning degree-seeking U.S.and international students are invited to apply. Please note that while prospective students may apply, you must be admitted before we will review your application. Please see the full eligibility requirements here.
We encourage applicants to apply by our February 15 priority deadline using the Need Access form at www.needaccess.com. All funds are available on a first come, first served basis. It is possible to apply after the deadline but there may not be availability of funds. You are required to apply for need-based funding every year, and your financial need will be re-assessed with each application.
To be considered, all students must register with Need Access (www.needaccess.com) and submit the electronic application. Please note that there is a $28 application fee. We are unable to offer fee waivers. You will need your most recent tax information to complete the Need Access application.
This information is required for an equitable determination of need based on financial strength of the family. We assess your level of need based on "ability" to pay, not "willingness". Please understand that funds are limited and priority consideration will be given to students with demonstrated financial need.
Within the Need Access application, your parent may register to submit personal income and asset information that will not be accessible to the student.
Please submit information for the parent who has last claimed you as a dependent on their taxes.
You will be asked to submit documentation in English from your employer and/or your parents' employer. This letter should include 2012 total earnings including any allowances (e.g. housing, vehicles, retirement).