Financial Aid and Scholarships

Samuel Merritt University participates in a variety of financial aid programs. Our office will help you explore options and determine what’s best for your academic needs and career goals.   

We've Got You Covered

At SMU, 86 percent of our students receive financial aid to help cover tuition, fees, and living expenses. Financial aid awards can be based on need or merit, and they usually include a combination of grants, low-interest loans, scholarships, work-study opportunities, and payment plans.

To determine your eligibility for various financial aid programs, you’ll first complete a Free Application for Federal Student Aid (FAFSA) as well as additional forms from our office. From there, we’ll work with you to develop a financial aid package based on your demonstrated need.

FAFSA APPLICATION  Tuition Calculator

How to Apply for Financial Aid

The financial aid application process is detailed in the steps below.

1. Complete the FAFSA online.

The Free Application for Federal Student Aid (FAFSA) is used to determine your student aid eligibility based on your personal and family situation. If you are a first-time user, you will be required to create an FSA ID. It allows users to access personal information on federal student aid websites as well as to sign a FAFSA.

There are two ways to complete the FAFSA form:

  1. Visit the fafsa.gov website.
  2. Use the myStudentAid app, which you can download from both the Apple App Store (iOS) and Google Play (Android).

Once SMU receives the FAFSA application (3–5 business days), you can complete the following financial aid application steps through the MySMU Student Portal in the My Finances section.

When you complete the FAFSA, be sure to list SMU’s school code. Code: 007012

Start your FAFSA today

2. Complete entrance counseling.

If you plan to use federal student loans, access studentloans.gov to complete entrance counseling. This step is required to ensure you understand your borrower rights and responsibilities.

3. Complete the Master Promissory Note (MPN).

If you plan to use federal student loans, you will need to electronically complete and sign the MPN—a legal document that creates a contract between you and the lender to repay the loans. You will find the MPN at studentloans.gov. If you are a graduate student then also do the GradPLUS MPN.

4. Complete any other financial aid documentation as required.

You may be required to complete or supply additional documentation before your financial aid can be awarded. Any required documents will be listed in the Financial Services section of your MySMU Student Portal.

5. Complete the financial aid process.

After completing the FAFSA, you will receive your personal Award Notice on the Financial Aid page in your student portal. After reviewing your Financial Aid Award, you will be prompted to accept a recommended loan amount or request a custom loan amount not to exceed the maximum loan eligibility. An award letter displaying your requested, or otherwise eligible, loan and grant amounts will be sent to your SMU email address. An sms text message will also be sent if your mobile phone number is on file.  

SMU's Financial Aid Office encourages all students to research grants and scholarship opportunities. Grants and scholarships are financial aid awards that you do not have to pay back, and they are based on financial need, merit, or other criteria.

Cal Grant Program
Students who are legal California residents and do not have a bachelor's degree are eligible to apply for the Cal Grant program. Applicants must submit a completed FAFSA to the federal processor and a Cal Grant GPA Verification Form to the California Student Aid Commission by the March 2nd postmark deadline.

SMU Scholarships
SMU's Financial Aid Committee distributes scholarships in the range of $1,000 to $5,000 per year based on demonstrated academic ability and financial need.

Resources:


Scholarship Resources for Graduate and Post-Graduate Nursing Students
American Association of Critical-Care Nurses (AACN) offers Continuing Professional Development Scholarships to help members enrich their careers and acquire knowledge and skills beyond traditional academic nursing education. A limited number of scholarships for specific academic courses are awarded.

American Indian Graduate Center (AIGC) announces the availability of graduate fellowships for American Indian and Alaska Native students from federally recognized U.S. tribes.

American Assembly for Men in Nursing Foundation and Johnson & Johnson’s Campaign for Nursing’s Future are offering a new $1,000 scholarship program for male students pursuing professional nursing education programs.

California East Bay Oncology Nursing Society offers a $1,000 scholarship program for an undergraduate nursing student who has an interest in oncology nursing.

Council of Graduate Schools maintains a list of graduate fellowship opportunities for those entering graduate programs. Read eligibility requirements carefully to see how best to market your nursing graduate study.

Disadvantaged Faculty Loan Repayment Program (FLRP) provides for repayment of education loans for individuals from disadvantaged backgrounds who agree to serve for at least two years as faculty members at eligible health professions and nursing schools.

DiversityNursing.com, a niche website for nurses from student nurses up to CNO's, is offering a $5,000 education award.  You must be enrolled as a full-time or part-time student in an accredited school of nursing in a professional registered nurse program (baccalaureate, graduate, associate degree or diploma) OR work full-time, part-time or per diem as a registered nurse, LPN, nurse practitioner or nurse leader/administrator at a U.S.-based organization.

ExceptionalNurse.com awards a $500 Anna May Rolando scholarship to a qualified student with a disability. Preference is given to graduate students.

Giva Corporate Outstanding Nursing Student Scholarship offers scholarships to students currently enrolled in an accredited nursing program in the United States or Canada. A scholarship in the amount of $1000 each will be awarded based on their 600- to 1000-word essay on "How will you use your talents and education to make the world a better place for future generations? What are your career and personal goals and why?"

Healthcare Leaders Scholarship offers a scholarship for students entering or currently pursuing an educational program related to nursing or medicine. Students must be at least 17 years of age and have a GPA of 3.0 or higher.

Hispanic Association of Colleges & Universities offers scholarships for graduate and undergraduate students attending an HACU member or partner college or university.

Indian Health Service (IHS) administers a program to help repay undergraduate and graduate loans of health professionals in return for full-time clinical service in Indian health programs.

March of Dimes awards scholarships to registered nurses enrolled in graduate programs of maternal-child nursing.

Maryland State Nursing Scholarship is available to Maryland residents seeking an undergraduate or graduate degree in nursing.

MinuteClinic awards up to 30 nurse practitioner scholarships at $2,500 each and up to five doctor of nursing practice scholarships at $5,000 each.

National Association of Neonatal Nurses (NANN) offers scholarships for members pursuing a BSN or graduate degree in neonatal nursing or nursing administration.

National Black Nurses Association (NBNA) offers a Student Nurse of the Year award to an NBNA member in pursuit of a baccalaureate or other advanced nursing degree.

National Center for Health Statistics (NCHS)/AcademyHealth Health Policy Fellowship is designed for two selected scholars to work collaboratively with NCHS staff on a wide range of projects. Over the course of this 13-month program, fellows will conduct new and innovative analyses as well as participate in developmental and health policy activities related to the design and content of future NCHS surveys. All applicants are strongly encouraged to complete the online "Statement of Interest" form prior to applying. Once the form has been submitted, AcademyHealth and NCHS staff will follow up to provide both guidance on the proposal and assistance on the application process.  To learn more about the Health Policy Fellowship, please visit www.academyhealth.org/nchs.

National Hartford Center of Gerontological Nursing Excellence (NHCGNE) (formerly known as Building Academic Geriatric Nursing Capacity or BAGNC). NHCGNE will be accepting applications for a single scholar/fellow award in 2015. If a scholar candidate is successful, the award will total $100,000 ($50,000 per annum) with the requirement that 10% of that amount be contributed by the institution where the scholar is located. This contribution may be in the form of tuition waivers, research assistantships, teaching assistantships, grants-in-aid or scholarships. Neither in-kind support nor student loans are acceptable as matching funds. No indirect costs are allowed to the school and waivers of these indirect costs cannot be considered matching funds.

National Health Service Corps, a division of the U.S. Department of Health and Human Services, has information about scholarships and loan repayment programs for health care professionals who practice in a medically underserved area.

NURSE Corps Loan Repayment Program, formerly the Nursing Education Loan Repayment Program (NELRP), helps alleviate the shortage of nurses across the country by offering loan repayment assistance to registered nurses and advance practice nurses, such as nurse practitioners, working at Critical Shortage facilities and nurse faculty employed at accredited schools of nursing. Program participants receive up to 60 percent of their qualifying student loans in exchange for a 2-year service commitment – and an additional 25 percent of their original loan balance for an optional third year.

NURSE Corps Scholarship Program (NCSP), formerly the Nursing Scholarship Program, helps students complete their nursing education by paying tuition, fees, other education costs while providing a monthly living stipend. The program is open to full-time nursing students accepted or enrolled in a diploma, associate, baccalaureate or graduate nursing programs at accredited schools located in the U.S. Upon graduation, scholarship program members fulfill a service commitment at a Critical Shortage Facility.

Nurse Practitioner Health Association offers a variety of scholarships ($1,000 to $5,000 awards) to students in nurse practitioner programs for outstanding research, leadership, and academic achievements. 

Nurses' Educational Funds, Inc. offers a scholarship for nurses enrolled in an accredited master's or doctoral level nursing program.

Nursing Economic$ Foundation awards up to four $5,000 scholarships to registered nurses in a masters or doctoral nursing program with an emphasis on administration or management for the upcoming school year. 

Nursing Home Abuse awards a $5,000 scholarship, exclusively for US students pursuing a degree that will help combat nursing home abuse. The scholarship will cover non-tuition related expenses such as rent, childcare, textbooks, utilities, and groceries for the academic year.

Online Nursing Programs awards $500 to a student currently enrolled in a nursing or related health care administration degree program.

Promise of Nursing Regional Faculty Fellowship awards $1,000 to $7,500 to students committed to the nurse educator role. This scholarship is offered through The Foundation of the National Student Nurses' Association.

Senior Advice Senior Caregiver Scholarship awards $1,000 to an eligible student who has been a caregiver for an adult relative. This scholarship is offered through the SeniorAdvice.com. The scholarship is for a student attending college or university in the spring of 2017. The application deadline is January 15, 2017.

Senior Advice Senior Volunteer Scholarship award of $1,000 to an eligible student who has served as a volunteer in a senior living community within the past year. This scholarship is offered through the SeniorAdvice.com. The scholarship is for a student attending college or university in the spring of 2017. The application deadline is January 15, 2017.

Sigma Theta Tau International/The Council for the Advancement of Nursing Science awards one $5,000 research grant to encourage qualified nurses to improve the health of the world’s people through research. Eligible candidates must be a member in good standing of both STTI and CANS and hold at minimum a master's degree or equivalent.

Tillman Military Scholars program supports our nation’s active and veteran servicemembers and their spouses by removing financial barriers to completing a degree program of choice. The scholarships cover not only direct study-related expenses such as tuition and fees but also other needs, including housing and child care.

The Oncology Nursing Society Foundation awards academic scholarships specifically for students pursuing a master's or doctoral degree or a post-master's certificate.

TYLENOL® Future Care Scholarship Program awards a total of $250,000 in scholarship funds to 40 undergraduate and graduate students pursuing an education in health care. 

Respiratory Health Association of Metropolitan Chicago is currently accepting applications for a $2,500 advance practice nursing scholarship for Illinois resident specializing in acute and/or critical care. 

The Senior Care Scholarship is available to students enrolled in a bachelor's degree or graduate level program in any field related to gerontology, medicine, nursing, social work, or sociology at an accredited four-year university. A scholarship in the amount of $1000 each will be awarded based on their letter of introduction and a 500-word essay on why they have chosen to go into a field that will serve our aging population.

The State Nursing Assumption Program of Loans for Education (SNAPLE) program offers up to $25,000 in loan repayments for nurses serving as faculty at a regionally accredited colleges or universities in California.


Resources for Undergraduate Nursing Students
A Nurse I am Scholarship by Cherokee Uniforms awards up to 10 $2,000 scholarships to nursing students. Scholarship details, rules and requirements, instructions, the essay question, and helpful tools and resources can be found at www.ANurseIAm.com.

Army Nurse Corps Benefits provides full scholarships for students interested in becoming a nurse anesthetist as well as the Health Professions Loan Repayment Program in exchange for active duty service in the U.S. Army.

American Association of Critical-Care Nurses (AACN) offers continuing professional development scholarships to help members enrich their careers and acquire knowledge and skills beyond traditional academic nursing education. A limited number of scholarships for specific academic courses will continue to be awarded.

American Assembly for Men in Nursing Foundation and Johnson & Johnson’s Campaign for Nursing’s Future are offering a $1,000 scholarship program for male students pursuing professional nursing education programs.

Army ROTC Nurse Officer Program provides scholarship, leadership, and job opportunities to prospective undergraduate college nursing students.

Chi Eta Phi Sorority Inc. awards $50,000 annually in scholarships at the national, regional, and local levels to minority nursing students.

DiversityNursing.com, a niche website for Nurses from student Nurses up to CNO's, is offering it's 6th Annual $5,000 Education Award.  You must be enrolled as a full-time or part-time student in an accredited School of Nursing in a professional registered nurse program (baccalaureate, graduate, associate degree or diploma) OR work Full-Time, Part-Time or Per Diem as a Registered Nurse, LPN, Nurse Practitioner or Nurse Leader/Administrator at a U.S. based organization.

ExceptionalNurse.com awards a $250 scholarship to a qualified student with a disability. Preference is given to undergraduates.

Giva Corporate Outstanding Nursing Student Scholarship 
Giva awards scholarships to students currently enrolled in an accredited nursing program in the United States or Canada. A scholarship in the amount of $1000 each will be awarded based on their 600-1000-word essay on 'How will you use your talents and education to make the world a better place for future generations? What are your career and personal goals and why?'

Hispanic Association of Colleges & Universities offers scholarships for graduate and undergraduate students attending a HACU Member or Partner college or university.

The Indian Health Service (IHS) administers a program to help repay undergraduate and graduate loans of health professionals in return for full-time clinical service in Indian health programs.

Maryland State Nursing Scholarship is available to Maryland residents seeking an undergraduate or graduate degree in nursing.

National Association of Hispanic Nurses (NAHN) awards $2,000 annually to students earning a master's degree in a maternal-child nursing program and $1,000 to student members enrolled in any level nursing program, including baccalaureate.

National Black Nurses Association, Inc (NBNA) provides annual scholarships for students who are a NBNA member or local chapter member, currently enrolled in an undergraduate nursing program, and have at least one full year of school remaining. These scholarship funds range from $1,000-$5,000.

National Health Service Corps, a division of the U.S. Department of Health and Human Services, has information about scholarships and loan repayment programs for health care professionals who practice in a medically underserved area.

National Student Nurses' Association offers a scholarship program for students enrolled in baccalaureate, generic doctorate, generic master's, diploma, or associate degree programs.

Nurse Loan Repayment and Scholarship Program administered by The Division of Nursing at HRSA, is available for registered nurses. Participants must serve at a health facility in an underserved area to receive loan repayments.

Nurses' Educational Funds, Inc. offers a scholarship for nurses enrolled in an accredited master's or doctoral level nursing program.

Nursing Home Abuse awards a $5,000 scholarship, exclusively for US students pursuing a degree that will help combat nursing home abuse. The scholarship will cover non-tuition related expenses such as rent, childcare, textbooks, utilities and groceries for the academic year.

Oncology Nursing Society Foundation awards academic scholarships specifically for students pursuing bachelor's degrees.

Online Nursing Programs awards $500 to a student currently enrolled in a nursing or related health care administration degree program.

Promise of Nursing Undergraduate Education Scholarship awards $1,000 to $5,000. This scholarship is offered through The Foundation of the National Student Nurses' Association.

Student-Caregiver Scholarship is offering three $1,500 scholarships to university students attending an accredited U.S. college or university who care for aging relatives.

The Senior Care Scholarship is available to students enrolled in a bachelor's degree or graduate level program in any field related to gerontology, medicine, nursing, social work, or sociology at an accredited four-year university. A scholarship in the amount of $1000 each will be awarded based on their letter of introduction and a 500-word essay on why they have chosen to go into a field that will serve our aging population.

The State Nursing Assumption Program of Loans for Education (SNAPLE) program offers up to $25,000 in loan repayments for nurses serving as faculty at a regionally accredited college or university in California.

Tafford Uniforms is doing its part to support the development of this critical profession. Tafford will award two $1,000 scholarships each semester to nursing students in accredited US nursing programs.

Tillman Military Scholars program supports our nation’s active and veteran servicemembers and their spouses by removing financial barriers to completing a degree program of choice. The scholarships cover not only direct study-related expenses such as tuition and fees, but also other needs, including housing and child care.

TYLENOL® Future Care Scholarship Program awards a total of $250,000 in scholarship funds to 40 undergraduate and graduate students pursuing an education in health care. 


Loan Repayment or Forgiveness Programs
Army Nurse Corps Benefits provides full scholarships for students intereseted in becoming a nurse anesthetist as well as the Health Professions Loan Repayment Program in exchange for active duty service in the U.S. Army.

Disadvantaged Faculty Loan Repayment Program (FLRP) provides for repayment of education loans for individuals from disadvantaged backgrounds who agree to serve for at least two years as faculty members at eligible health professions and nursing schools.

Indian Health Service (IHS) administers a program to help repay undergraduate and graduate loans of health professionals in return for full-time clinical service in Indian health programs.

National Health Service Corps, a division of the U.S. Department of Health and Human Services, has information about scholarships and loan repayment programs for health care professionals who practice in a medically underserved area.

NURSE Corps Loan Repayment Program, formerly the Nursing Education Loan Repayment Program (NELRP), helps alleviate the shortage of nurses across the country by offering loan repayment assistance to registered nurses and advance practice nurses, such as nurse practitioners, working at Critical Shortage facilities and nurse faculty employed at accredited schools of nursing. Program participants receive up to 60 percent of their qualifying student loans in exchange for a 2-year service commitment – and an additional 25 percent of their original loan balance for an optional third year.

State-Sponsored Loan Forgiveness Programs

Tenet Healthcare System has introduced a student loan repayment program at participating hospitals. A state-by-state list of eligible facilities is available on their website.

The Health Professions Education Foundation is currently offering the Bachelor of Science Scholarship and Loan Repayment program.

The Kaiser Permanente Student Financial Aid Program awards need-based nursing scholarships and merit-based forgivable loans to students in California. Loans are available in a variety of nursing and professional/technical specialties and may be forgiven through qualifying employment with Kaiser Permanente.

The State Nursing Assumption Program of Loans for Education (SNAPLE) program offers up to $25,000 in loan repayments for nurses serving as faculty at a regionally accredited college or university in California.


Tax Credits
In some cases, educational expenses may be tax-deductible. Costs are deductible if the education is either required for continued employment by law or the individual's employer or maintains or improves the skills required in the individual's current trade or business. If you think this might apply to you, be sure to contact a tax adviser.

In addition, the federal government has enacted the Taxpayer Relief Act of 1997, which provides higher education tax incentives for eligible students:

  • Hope Scholarship Credit - Up to $2,500 credit per student, per year
  • Lifetime Learning Credit- Up to $2,000 credit per family, per year
  • Student Loan Interest Deduction - Up to $2,500 per year
  • Education Individual Retirement Accounts - Up to $500 deposit per year into a tax-free Education IRA account
  • IRA withdrawals to pay higher education expenses - withdrawals of up to 10% without penalty.

Students who believe they are eligible to take advantage of this Relief Act are encouraged to consult a tax adviser.

The Federal Work-Study Program allows students to work on campus or for an approved nonprofit organization for a predetermined number of hours per week during a term. The rate of pay is in accordance with other student pay scales and is in compliance with federal minimum wage standards. Students interested in employment may complete an application available from the Campus Service Center. The funds earned may go toward tuition, fees, and education and living expenses.  

Students interested in part-time employment may qualify for work at the university and Summit Medical Center. Opportunities include the John A. Graziano Memorial Library, the Health Education Center, Studio Three, Audiovisual and various university offices. Additional employment opportunities such as physical therapy clinics, physicians' offices, house sitting, etc., are publicized on the JobBoard.

 

 

SMU offers a variety of options to help you meet the cost of your education, such as low-interest federal student loans. Typically, repayment on federal student loans does not begin until six months after you are out of school.  

In 2017-2018, the percentage of SMU students with student loan debt:

  • Bachelor of Science, Nursing (BSN) - 90%
  • Accelerated Bachelor of Science, Nursing (ABSN) - 81%
  • All graduate Students - 86%

The average amount borrowed:

  • Bachelor of Science, Nursing (BSN) - $60,166
  • Accelerated Bachelor of Science, Nursing (ABSN) - $54,268
  • All graduate students - $125,435

Direct Loans
There are two types of Direct Loans: Subsidized and Unsubsidized. You do not have to start repaying the principal of either type of loan until six months after you are out of school (or after you stop attending at least half-time). Read more about Direct Stafford Loans at the Department of Education website.

Direct Subsidized Loans are available to undergraduate students with financial need.

  • SMU determines the amount you can borrow based on the type of program that you are in, and the amount may not exceed your financial need.
  • The U.S. Department of Education pays the interest on a Direct Subsidized Loan:
    • while you’re in school at least half-time,
    • for the first six months after you leave school (referred to as a grace period*), and
    • during a period of deferment (a postponement of loan payments).

*Note: If you received a Direct Subsidized Loan that was first disbursed between July 1, 2012, and July 1, 2014, you will be responsible for paying any interest that accrues during your grace period. If you choose not to pay the interest that accrues during your grace period, the interest will be added to your principal balance.

Direct Unsubsidized Loans are available to undergraduate and graduate students; there is no requirement to demonstrate financial need.

  • SMU determines the amount you can borrow based on the type of program that you are in, the cost of attendance, and other financial aid you receive.
  • You are responsible for paying the interest on a Direct Unsubsidized Loan during all periods.
  • If you choose not to pay the interest while you are in school and during grace periods and deferment or forbearance periods, your interest will accrue (accumulate) and be capitalized (that is, your interest will be added to the principal amount of your loan).

Under the Department of Education, there is also a provision for a Direct Consolidation Loan Program. This program provides borrowers who have multiple types of loans the opportunity to combine those loans for repayment purposes. Since this program is designed to provide a repayment option, it is not detailed here.

When you compare the costs of attending different schools, you should compare the amounts you may have to borrow. If your academic program will take more than one year to complete, try to project the total amount of debt you will have to assume to complete the entire program. Then consider whether you'll be able to repay that debt based on typical starting salaries for the job you're likely to get after you finish school. Each school can help you make projections about total debt and repayment amounts. You can also get information about starting salaries from the school or from library reference books. The Financial Aid Information Page offers a variety of financial aid calculators.

Direct PLUS Loans
Available to parents who do not have an adverse credit history. These loans are not based on financial need. Parents may borrow through this program to obtain money for the cost of college for their dependent children. These loans carry an interest rate that varies annually.

The origination and insurance fees are the same as for the Direct Stafford Loan. The first payment of interest and principal for Direct PLUS borrowers is due 60 days after the loan is fully disbursed and ends no later than 10 years after repayment begins, excluding periods of deferment and forbearance.

A Direct PLUS borrower may qualify for one of the loan deferments listed earlier under the Direct Stafford Loan Program. Parent borrowers who qualify for a deferment may have payment of their loan principal deferred and pay interest only on the loan. Or, they may capitalize the interest, which means it will be added to the loan principal. However, whenever feasible, parent borrowers (like all other borrowers) should try to pay the interest. Otherwise, they will end up paying interest on interest, as well as on loan principal. This can make the cost of borrowing more expensive than necessary.

You can get Direct Stafford and Direct PLUS loan applications and more detailed information about Direct Loans from the our Financial Aid Office.

Nursing Student Loans
Low-interest loans (currently 5 percent) with generous repayment conditions. In order to be offered this loan, a student needs to have financial aid need. Students are not responsible for paying the interest on the loan during in-school, grace, and deferment periods. To inquire about the Federal Nursing Loan program, please contact your financial aid counselor by calling the Campus Service Center at 510.869.1550 to set up an appointment. For questions regarding repayment for this loan, contact the Business Office at 510.869.6728.

Health Professions Student Loans (podiatry only)
Low-interest loans (currently 5 percent) with generous repayment conditions. In order to be offered this loan, a student needs to have an Expected Family Contribution (EFC) of $6000 or below for both the student and the parent. Students are not responsible for paying the interest on the loan during in-school periods. To inquire about the Health Professions Student Loans, please contact your financial aid counselor by calling the Campus Service Center at 510.869.1550 to set up an appointment. This is only available for podiatry students. For questions regarding repayment for this loan, a borrower can contact the Business Office at 510.869.6728.

Private Student Loans (also called Alternative Student Loans)
Available to students who must borrow additional funds to pay for their cost of education.  To assist in choosing a lender for an alternative loan, students can go to ELM Select to compare lenders side by side. ELM Select is a search and comparison tool that allows students to compare and apply for alternative loans with various lenders. Their features allow students to choose lenders that best fit their needs and financial situation. Once the student has chosen a lender, they must follow their lender's instructions to apply for the loan. If you have been awarded an alternative loan on your award letter, take a look at the ELM Select website to choose a lender and apply for the loan. 

Private Alternative Student Loan Comparison Sites  
Credible is a simple, transparent marketplace that allows borrowers to receive and compare personalized offers from vetted lenders in minutes. Furthermore, checking your personalized offers will not affect your credit score.

SimpleTuition offers an interactive tool that allows borrowers to compare multiple private student loan options side-by-side. Prospective borrowers have the ability to compare loan types, rates, and estimated monthly payments.

 

The Financial Aid Office may require certain forms to confirm your Federal Financial Aid eligibility. Click on the form you must submit below, print and complete the form, then submit the form to the Financial Aid Office. Please submit any forms requested ASAP.

To ensure your financial aid is processed in a timely manner, please submit all requested items to SMU's Financial Aid Office at your earliest convenience. Completed documents can be submitted directly to the Financial Aid Office or can be mailed to the following address:

Samuel Merritt University

Financial Aid Office
3100 Telegraph Avenue, Suite 1110
Oakland, CA 94609

2019–20 Verification Forms
Dependent Verification Worksheet (V1)
Independent Verification Worksheet (V1)
Verification Worksheet (V4)
Identity/Statement of Educational Purpose - In Person
Identity/Statement of Educational Purpose - Notary
Non-Tax-Filer Statement

General Forms
Student/Parent Authorization
Consent to Release 
Cal Grant B Authorization Form

Loan Return/Loan Cancellation Form
Return or Reduction of Student Loan

Federal Work Study
Work Study Request Link - For Students
New FWS Hire Procedures

 

Please follow these procedures to ensure that your financial aid is processed in a timely manner.

FAFSA: All prospective and current students wishing to apply for financial aid must complete a Free Application for Federal Student Aid (FAFSA). Students can complete the FAFSA online at www.fafsa.ed.gov and use the Samuel Merritt University school code of 00701200. If you have already completed your FAFSA, you can check the status by going on-line to www.fafsa.ed.gov or call the U.S. Department of Education at 1.800.4.FEDAID.

Financial Aid Award: Approximately two weeks after completion of your FAFSA, the results will be sent to our Financial Aid Office. Shortly after the Financial Aid Office receives your FAFSA results, you should receive the Financial Aid Award via online at NETPARTNER. The Financial Aid Award Packet will include your award offer and document requests. The award letter details your Academic Year Budget. Please complete all requested documents and online requirements within two weeks of receipt so that the Financial Aid Office may begin processing your financial award immediately. Delays in returning these documents may result in delayed receipt of your financial awards.

Complete Online Loan Counseling: The second step toward completing the Direct Loan application process is to meet the Entrance Loan Counseling requirement. To complete the entrance counseling online, please go to www.studentloans.gov and log-in with your FSA ID to proceed. This is valuable information about your student loan and it will quiz you on your understanding of the Direct Loan program. Once you have completed the Entrance Loan Counseling, we will be informed that you have meet this requirement.

Complete Master Promissory NotesGo to www.studentloans.gov and complete the Direct Subsidized/Unsubsidized Stafford AND Graduate Plus Master Promissory Notes. Upon arriving at the website, log-in with your FSA ID to proceed. If you apply for both Direct Subsidized/Unsubsidized Stafford Loan and Graduate Plus Loan, you will need to complete two separate Master Promissory Notes.

Refund: Prior to each semester, the award funds are electronically posted toward your tuition account. Should there be a surplus of funds and your financial aid award exceeds your school costs, you will be issued a refund check to use for supplies and living expenses. Refund checks are issued by Student Accounts within the 10 working days of receipt of all your financial aid. Refund checks that have been issued will be mailed directly to your current home address, so remember to keep your contact information up to date. You also have the option of signing up for Direct Deposit on SMURF under Finances.

Financial Aid Office Contacts

Ricardo Vargas Esquivel - 510.879.9227
Financial Aid Counselor - BSN (A-K),  FNP-Online, Family Nurse Practitioner (Post- Licensure), Case Management (Post Licensure), Physician Assistant
rvargasesquivel@samuelmerritt.edu

Kimya Williams - 916.646.2792
Financial Aid Counselor - Accelerated BSN, All Sacramento Campus Students, Federal Work-Study
kwilliams@samuelmerritt.edu

Binh Hua - 510.879.9200 Ext. 7311
Financial Aid Counselor - DNP, CRNA, Podiatry, Occupational Therapy, RN-BSN
bhua@samuelmerritt.edu

Shavonna Shoemake- 510.879.9200 Ext. 7315
Financial Aid Counselor - BSN (L-Z), ELMS - Oakland Campus, FNP-DNP, Physical Therapy
sshoemake@samuelmerritt.edu

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Tyler Pruett - 510.879.9200
Director of Financial Aid
tpruett@samuelmerritt.edu

Saeng Saephanh - 510.879.9200 Ext. 7313
Financial Aid Technician
ssaephanh@samuelmerritt.edu

Kristi Kindberg - 510.879.9200 Ext. 7312
Loan Administrator - Direct Loan Processing, Emergency Loan Processing, Loan Returns
kkindberg@samuelmerritt.edu

Financial Aid Staff will be available to meet with students via drop-in's during campus site visits as scheduled below. Financial aid counselors are available for all academic programs at all campuses.  

To schedule appointments, please contact the Campus Service Center at 510-879.9200.

ABSN Program Financial Aid Visits with Kimya Williams: 10:00am - 3:00pm, Oakland

DATES
Wednesday, August 21, 2019
Wednesday, September 18, 2019
Wednesday, October 15, 2019
Wednesday, November 20, 2019
Wednesday, December 18, 2019


ABSN Program Financial Aid Visits with Binh Hua: 10:00am - 3:00pm, San Mateo

DATES
Tuesday, August 20, 2019
Tuesday, September 17, 2019
Tuesday, October 15, 2019


ABSN Program Financial Aid Visits with Ricardo Vargas Esquivel: 10:00am - 3:00pm, San Mateo

DATES
Tuesday, August 6, 2019
Tuesday, September 3, 2019
Tuesday, October 1, 2019
Tuesday, November 12, 2019


ABSN Program Financial Aid Visits with Shavonna Shoemake: 10:00am - 3:00pm, San Mateo

DATES
Tuesday, October 29, 2019
Tuesday, November 19, 2019
Monday, December 9, 2019
 

Food Assistance

We know that about one-third of students are worried about having sufficient quantities of affordable, nutritious food. The food pantries are here so that students have access to healthy and nourishing food that promotes health and wellbeing so you can successfully focus on your studies.

Who is eligible? 
Any student who needs food can come by the food pantry. 

Where is the Pantry? What are the hours? Who is the contact?

Oakland Campus
Campus Service Center 3100 Telegraph Ave, Suite 110, Oakland, CA
Hours: Mon-Fri 8 p.m. to 5 p.m.

Sacramento Campus
Pantry is in Suite 300
Check-in with Robyn Heise on the third floor
Hours: Mon-Fri 9 p.m. to 4 p.m.

San Francisco Peninsula
Pantry is in Room 306
Check in with Bukola Adesokan on the third floor. 

Hours: Mon-Fri 9 p.m. to 4 p.m.

How does it work?
It is set up like a mini-grocery store. You select the food you want. Bring your own bags

What kind of food is available?
We have a wide variety of shelf-stable food. Grains, cereals, canned fruit and vegetables, vegan, vegetarian and gluten-free options, stews, soups, seasonings, canned fish and meat, and shelf-stable milk. We do not have refrigerators or freezers so we cannot stock perishable food. The Oakland campus food pantry is operated in partnership with Alameda County Community Food Bank. The San Francisco Peninsula campus food pantry is operated in partnership with Second Harvest Food Bank.

Are there limits on food I can pick up?
There are guidelines on the quantity of food a student may select based on the number of people in your household.

Students can visit twice per week, but if you have special circumstances, please contact Terry Nordstrom or Craig Elliott by email or vist 3100 Telegraph Ave. Suite 101.

What kind of information do I need to give?
We have a short, private survey form we ask students to complete so that we know how many students we are serving. The only information we need at each visit is whether a student is a first-time visitor to the food pantry or a repeat visitor, the total number of adults being served and the total number of children (0-18) being served.


Emergency Assistance

The University has an emergency scholarship fund for one-time financial emergencies that might interrupt your academic studies, such as a major automobile repair or moving expenses, that were not covered by your ongoing financial aid. There are emergency loans for students whose financial aid disbursement has been delayed, but have pressing financial needs. Please email Tyler Pruett, the director of financial aid, to learn more about these services or call him at 510.879.9232.

On Nov. 17, 2015, the U.S. Department of Education, U.S. Department of Justice, and the U.S. Department of Health & Human Services released a fact sheet on the rights of unaccompanied children to enroll in and participate meaningfully and equally in education programs.

On October 20, 2015, the U.S. Department of Education released a Resource Guide to help schools, colleges, teachers, and other personnel support the college and career success of undocumented and DACA youth in secondary and postsecondary settings.

Higher Education 

  • Qualifying for Student AidMany non-U.S. citizens qualify for federal student aid. Access this website to learn more about the eligibility criteria for that aid.

  • Questions and Answers about Financial Aid and Undocumented Students [PDF]—This questions-and-answers (Q&As) document provides information about student financial aid for undocumented students as well as guidance for a specific subgroup of undocumented students who have received Deferred Action for Childhood Arrivals (DACA). The Q&As include general information, information about eligibility for financial aid, and information about completing the Free Application for Federal Student Aid (FAFSA).

  • WHIEEH Financial Aid Guide for GraduatesThe White House Initiative on Educational Excellence for Hispanics (WHIEEH) created the ¡Gradúate! Financial Aid Guide to Success (Guide) to help students and families navigate the college application process. The Guide, available in both English and Spanish, provides recommended steps for the college enrollment process, helpful tips on filling out the FAFSA and key financial aid resources available to better support Hispanics, including DACA and non-U.S. citizen students, in their efforts to access a postsecondary education.

Deferred Action for Childhood Arrivals (DACA) Students

On June 15, 2012, the U.S. Department of Homeland Security (DHS) announced that certain people who came to the United States as children and meet several key guidelines, including educational guidelines, may request consideration of deferred immigration enforcement action for a period of two years, subject to renewal. Individuals who are granted deferred action would then be eligible for work authorization. Deferred action does not provide an individual with lawful status, but instead is a discretionary determination to defer removal action of an individual as an act of prosecutorial discretion.

The Department of Education withholds origination (processing) fees from all federal Direct Loans prior to disbursement. Use this calculator to determine the net amount of your loans after the origination fees have been withheld.

Direct Student Loans

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0

 

0

0

 

Direct Student Loan Origination Fees

  • Origination Fee before 10/01/19 - 1.062%
  • Origination Fee after 10/01/19 - 1.059%

 

 

Direct PLUS Loans

0

0

 

 

0

0

 

 

Direct PLUS Loan Origination Fees

  • Origination Fee before 10/01/19 - 4.248%
  • Origination Fee after 10/01/19 - 4.236%

 

 

**Calculations are based on the current rates which are subject to change. Actual origination fees may depend on when your loan is processed. **