Need-Based Grants
All students who received a need-based grant in the fall or spring semester will be eligible for that funding in the summer term. These grants can be subject to proration based on your summer enrollment.
If a student was awarded a Supplemental/Appeal grant in the fall or spring semester, they'll be eligible for those funds in the summer as long as they're enrolled in a minimum of 6 credits.
Merit-Based Scholarships
Merit-based scholarships are awarded at the time of admission and are split evenly between fall and spring semesters. Merit-based scholarships are not available for summer except for the following programs requiring mandatory summer enrollment:
- First-year midyear transfer students to Parsons BFA or BBA with fewer than 12 transferable semester credits
- Parsons MFA Photography
- Parsons MPS Fashion Management
- COPA MM Performer-Composer
Federal Financial Aid
- Federal Pell Grants: These grants are available to all students who qualify on the basis of their 2025–2026 FAFSA.
- Federal Subsidized/Unsubsidized Loans: These loans are available to students who did not accept the maximum loan amount during the fall and spring semesters. To find out if you're eligible for these funds, please contact our office for more information.
- Federal Parent PLUS Loans: Parents who wish to borrow additional funds must complete the Loan Adjustment form.
- Federal Graduate PLUS Loans: These loans are available to graduate students who request additional funds. To increase your Graduate PLUS loan, please complete a Loan Adjustment form.
Contact the Financial Aid Office at [email protected] to learn more.