Financial Aid and Scholarships

The Elmhurst Graduate Grant is a need-based award. Eligibility is determined by the Office of Student Financial Services on the information received from the student’s FAFSA. These awards are limited and granted to students who demonstrate high financial need.

A limited number of merit-based scholarships are offered to academically outstanding applicants pursuing their master’s degree at Elmhurst. To be eligible, completed applications should be submitted by May 1.

Applications completed after May 1 will be reviewed on a first-come, first-served basis. Please note the following programs are not eligible: Communication Sciences and Disorders, Master’s Entry in Nursing Practice and Master of Occupational Therapy.

The annual graduate student scholarship competition recognizes graduate and doctoral students who are pursuing the next step in their education and who are looking to expand their service and leadership skills.

Participation Requirements:

• A completed graduate application to a degree-seeking program for the Summer 2025 semester or the Fall 2025 semester.
• Create a short video that demonstrates:
  • How pursuing this degree will enhance your approach to leadership and community service.
  • How you view service and leadership as it relates to your career or future career.
  • How earning this scholarship will allow you to give back to the Elmhurst University Community.
• Complete your Graduate Student Scholarship Competition application with video by July 1.

Visit the Graduate Student Scholarship Competition website for more information.

Graduate students who have a direct relative as an alumni (father, mother, brother, sister, grandfather or grandmother) and who did not attend Elmhurst for their undergraduate degree may be eligible to receive a legacy scholarship when enrolled in a graduate degree-seeking program.

Alumni who have received their undergraduate degree or a graduate degree from Elmhurst University may have the opportunity to take their first course for free upon enrollment to a graduate degree-seeking program. Learn more.

Graduate students who are eligible to study on an F-1 visa may be granted a scholarship upon enrollment to a graduate degree program for up to two years of graduate studies. Learn more.

Graduate students admitted to select degree-seeking programs may be eligible for consideration for a graduate assistant position that correlates with their area of study. Open positions are listed on elmhurst.simplehire.com.

The Excellence in Multilingual Personnel in Illinois Schools (EXCEMPILS) training project is designed to address the need for highly qualified special educators, speech-language pathologists and occupational therapists with specialized academic, clinical, research and leadership training. The EXCEMPILS training project is funded through a grant awarded to Elmhurst University from the Office of Special Education and Rehabilitative Services, U.S. Department of Education.

For more information, including how to apply, click HERE.

Available for graduate students who have been admitted to the Master of Science in Communication Sciences and Disorders program who have completed all prerequisite SLP requirements, including ASHA sciences, and who are involved with NSSLHA or show leadership potential.

This scholarship is offered to one graduate student enrolled in the Graduate Certificate in Marketing and Consumer Insights and one graduate student enrolled in the Master of Business Administration with a specialization in Marketing and Consumer Insights. Completed applications must be received by July 1 to be considered. For more information, please visit elmhurst.edu/HardinScholarship.

Available for graduate students who have been admitted to the Master’s Entry in Nursing Practice program and have fulfilled all prerequisite requirements. The student must demonstrate a sustained record of outstanding academic achievement, leadership skills and a commitment to community service.

Available for graduate students who have been admitted to the Master of Occupational Therapy program and have fulfilled all prerequisite requirements. The student must demonstrate a sustained record of outstanding academic achievement, leadership skills and a commitment to community service.

There are two types of Federal Direct Loans available to graduate students—unsubsidized and PLUS.

A student must be enrolled at least half-time to be eligible for federal student loans.

• Direct unsubsidized loans are not based on need. Principal payments are deferred until six months after the student graduates or drops below half-time enrollment, but interest accrues while the borrower is in college. Direct unsubsidized loans have a fixed interest rate and are subject to change each year. Visit studentaid.gov/interestrates for more information.
• There are limits on the amount of direct unsubsidized loans that students may be eligible to receive each academic year (annual loan limits) and total amounts for graduate study (aggregate loan limits). Federal direct unsubsidized loans have annual limits of $20,500 for graduate students.
• If a student has not previously borrowed a Direct Loan, they must complete a Master Promissory Note, Entrance Counseling and Annual Student Loan Acknowledgment at studentaid.gov. Direct Loan Master Promissory Notes are valid for ten years form the initial date of acceptance.
• Direct PLUS loans are available to graduate students whose cost of attendance exceeds their annual unsubsidized loan limit. Direct PLUS Loans have a fixed interest rate and are subject to change each year. Visit studentaid.gov/interestrates for more information.
• Graduate students enrolled in select programs may also apply for a Direct PLUS loan at studentaid.gov. Students must complete a Direct PLUS Loan Master Promissory Note, as well as Entrance Counseling and Annual Student Loan Acknowledgment at studentaid.gov.
• Direct unsubsidized and PLUS loans have loan fees that are a percentage of the total loan amount. The loan fee is deducted proportionately from each loan disbursement you receive while enrolled in school. Fee amounts are subject to change each year. Visit studentaid.gov/interestrates for more information.
• When the student graduates or drops below half time, student loan exit counseling must be completed at studentaid.gov.
• Learn more about Direct Loans
• See your federal student loan repayment options with Loan Simulator

Alternative, or private, loans are offered by private lenders to assist with educational and living expenses not covered by other financial aid.

It is important that you carefully review your expenses before deciding if you need to borrow. Be sure to consider first that you may qualify for loans or other assistance under federal programs.

Alternative loans are generally more expensive than federal student loans and therefore should not be considered until after you have exhausted all federal loan options. Most of these alternative loans must be certified by the Office of Student Financial Services.

All of these loans must be considered part of your financial aid package.

Alternative loans are credit based, often require co-signers, and cannot be consolidated with your federal student loans. The terms and conditions of federal loans may be more favorable that the provisions of alternative loans.

If you are choosing an alternative loan, you should compare the terms offered by different programs in order to choose the best fit for your situation. You can learn about and compare loan terms from multiple lenders using the ELMSelect Tool, which provides information for the loan programs most frequently used by Elmhurst University students.

ELMSELECT FOR ELMHURST UNIVERSITY

Please note that you are not limited to lenders listed in the ELMSelect tool; you can borrow from any lender of your choosing. When deciding on an alternative loan, please consider the following: interest rates, fees, repayment options, monthly payments and deferments.

For more information, contact the Office of Student Financial Services at (630) 617-3015.

Some employers reimburse employees for tuition costs at the end of the term. To participate in a tuition reimbursement plan, students must submit an approval letter from their employer to the Office of Student Financial Services for each term of registration. Students on a tuition reimbursement plan are given six weeks after final grades are posted to make payment to Elmhurst University.

Note: A fee per term may be assessed to participate in the reimbursement program.

When your employer or other agency authorizes direct tuition payments to Elmhurst University, service charges related to the payment may be waived or removed provided the payment is received within six weeks after the end of the term. Under such plans, payment of the charges cannot be dependent upon grades or course completion.

• Non-degree-seeking students are not eligible for financial aid, fellowships, grants or scholarships.
• Scholarship decisions are made at the time of admission based on the credentials and supporting materials submitted.
• Students must uphold GPA requirements to renew aid and scholarships.
• Federal aid is dispersed in the Fall and Spring Terms only. If your program begins in the Summer Term, limited aid may be available.
• Students who are eligible for multiple scholarships may only receive the highest award offered. Scholarships may not be stacked.
• Elmhurst University reserves the right to modify scholarship amounts, terms and stipulations, prior to awarding, without advance notice.