What are the eligibility requirements for The Stevens Investment?
Eligibility requirements are as follows:
U.S. citizen or permanent resident, first-time, first-year, full-time undergraduates entering Fall 2026 and beyond.
Students must apply and be admitted in the application round that they indicated at the time of application.
Submit the FAFSA and CSS Profile by the financial aid deadline for their application round (Early Decision I or II, Early Action or Regular Decision).
Demonstrate a family income of $75,000 or less per year with assets that fall within the typical range for that income level.
Note: After submitting the CSS Profile and FAFSA by the application round deadline, a student may be selected for institutional verification to confirm their and their family’s income and assets. To complete this process, the student must submit all required documents demonstrating eligibility by the deadline provided. Students will be notified of their verification selection, how to submit the required documents and the deadline to submit the required documents via email from the Office of Financial Aid.
What happens if a student does not complete the CSS Profile and FAFSA by the financial aid deadline for their application round?
Students who do not submit the CSS Profile and FAFSA by the financial aid deadline for their application round will not be considered for The Stevens Investment. They will still be evaluated for merit scholarships, as well as federal, state and institutional need-based aid.
Are there student categories who are not eligible for The Stevens Investment?
The following student categories are not eligible for The Stevens Investment:
First-time, first-year, full-time students who are non-U.S. citizens or non-U.S. permanent residents
Students admitted to the Stevens Link Semester program
Students who were waitlisted as an initial admissions decision
Transfer students
Graduate students
While these student categories are not eligible for The Stevens Investment, they will still be evaluated for merit scholarships and institutional need-based aid.
Are students who defer still eligible for The Stevens Investment?
Admitted students who choose to defer their enrollment for one year and were awarded full tuition coverage through The Stevens Investment must submit a new CSS Profile and FAFSA the next academic year to be reconsidered for the full tuition benefit. Merit scholarships awarded at the time of admission will remain valid for one year.
For example, a student who defers from Fall 2026 to Fall 2027 will be considered for The Stevens Investment if the student submits a new CSS Profile and FAFSA for the academic year beginning Fall 2027 and meets the eligibility requirements.
Students who deferred from Fall 2025 to Fall 2026 will also be considered for The Stevens Investment if the student submits a new CSS Profile and FAFSA for the academic year beginning Fall 2026 and meets the eligibility requirements.
Does a student have to live on campus to be eligible?
Yes, a student would need to live on-campus during their first year. Students who commute from home/a relative’s home will not be eligible. Students who need to live at home for medical/disability reasons may be eligible and will be reviewed on a case-by-case basis. Please contact the Office of Financial Aid for more information.
Are current students eligible for The Stevens Investment?
Although current students are not eligible for this specific program, Stevens encourages students with questions or concerns about financial aid to contact the Office of Financial Aid. The Office of Financial Aid is available to help students understand their financial aid offer and explore available resources to support them during their time at Stevens.
Will a student be eligible every year they are enrolled for The Stevens Investment?
Eligibility is renewable for up to eight semesters starting with the students entering in Fall 2026. Returning students must:
Submit a CSS Profile and FAFSA by April 15 each year (no exceptions).
Maintain Satisfactory Academic Progress and full-time enrollment.
Continue meeting income and asset thresholds. Students on leave of absence must resubmit the CSS Profile and FAFSA documents to be reconsidered.
