New England School of Photography

The New England School of Photography offers financial aid to qualified applicants. Financial aid is awarded through the Federal Title IV and Massachusetts State Student Financial Aid Programs. All financial aid is contingent upon completion of all financial aid requirements, full time enrollment, and satisfactory academic progress as defined by the NESOP Student Guidebook.

How to Apply
All potential applicants may apply for financial aid by completing the Free Application for Federal Student Aid (FAFSA) online at www.fafsa.ed.gov. For applicants without Internet access, FAFSA forms are typically available at high school guidance offices and the Financial Aid Office at NESOP. The deadline for completion of this application is ongoing. It is highly recommended that all financial aid applicants complete their FAFSA applications concurrently with their Admissions applications.

Financial Aid Programs
NESOP participates in the following Federal and Massachusetts State aid programs: Federal Pell Grant Program, Federal Supplemental Educational Opportunity Grant Program (SEOG), Federal Stafford Loan Program, Federal Parent Loan for Undergraduate Students (PLUS) Loan Program, MASSGrant Program and the Massachusetts No Interest Loan Program. For detailed information on the Financial Aid Programs at NESOP, please call the Financial Aid Office to request a Financial Aid Information Packet. This packet includes an overview of the entire Financial Aid process, the appropriate FAFSA form and detailed descriptions of the individual programs offered.

Federal Title IV Financial Aid Programs at NESOP
Federal PELL Grant: This Federally funded program provides grants to eligible undergraduate students. Significant financial need is the basis for Pell Grant eligibility. Financial Aid Pell Grant Awards are based on the information provided in the financial aid application.

Federal Supplemental Educational Opportunity Grant (SEOG): Recipients of this Federally and institutionally funded grant are selected by the Office of Financial Aid at NESOP. Significant financial need is the basis for SEOG eligibility. The Federal maximum SEOG award is based upon Federal allocations and changes annually.

Federal Family Educational Loan (FFELP): Subsidized and Unsubsidized Stafford Loans and the Parent Loan for Undergraduate Students (PLUS) are available through the NESOP Office of Financial Aid to all students who meet eligibility requirements. The Federal Government pays the interest on Subsidized Student Loans while an eligible student is in school, for the first six months after a student leaves school and when a borrower is qualified to have payments deferred. Depending upon financial need and aggregate borrowing limits, a student may borrow up to the annual student loan borrowing limit for her/his year in school.

Unsubsidized Stafford Loan interest is the sole responsibility of the borrower. Unsubsidized Loan borrowers have the option to make interest payments while in school, but are not required to do so. Independent undergraduate students, dependent students whose parents have been denied for a PLUS Parent Loan or dependent students without demonstrated financial need may qualify for an Unsubsidized Stafford Loan. Yearly borrowing limits do apply.

Before applying for the Federal Stafford Loan, students are required to complete an Entrance Interview at:

http://mapping-your-future.org/

The Federal Plus Loan is a low interest loan offered to credit worthy parents of dependent undergraduate students. Parents may borrow up to the Cost of Attendence minus the amount of financial aid awarded to their undergraduate student. Parents may call (800) 999-9080 extension 5015 for pre-approval.

For more information and to complete the Master Promissory Note for the Federal Stafford and Federal Plus Loans please visit:  http://www.amsa.com/direct/borrowers/index.cfm

Massachusetts State Aid Programs at NESOP
Massachusetts Grant: The State of Massachusetts determines MASSGRANT eligibility and award amount.

Massachusetts No Interest Loan Program (NIL): The State of Massachusetts determines NIL eligibility based upon the information provided in the financial aid application.

The Office of Financial Aid at NESOP determines the amount of the award based upon need, yearly awarding limits and lifetime borrowing limits. All recipients of Massachusetts State Funds must be residents of the State of Massachusetts for at least twelve months prior to the start of the academic year for which financial aid is awarded. Residency for that year must be for a reason other than academic purposes.

For information regarding the school’s financial aid refund policy, including Title IV, Massachusetts State Aid, Veteran’s Administration or other applicable third party funding source refund policies, please visit or call our financial aid office at (617) 437-1868. Our offices are open Monday through Friday, 9 a.m. to 5 p.m.

NESOP offers private loan options though National Education, Sallie Mae and Nellie Mae to credit-worthy students. Students interested in applying for private loans should contact the Financial Aid Office at NESOP. Applying with a credit worthy cosigner is highly recommended. Students may borrow up to the Cost of Attendence minus the amount of financial aid awarded.