What are the eligibility requirements for The Stevens Investment?
Students will be considered for The Stevens Investment if they:
Are a U.S. citizen or permanent resident, first-time, first-year, full-time undergraduates entering Fall 2026 and beyond.
Apply by the application deadline for their application round.
Are admitted in the application round indicated at the time of applying.
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.
Submit additional documentation as requested by the Office of Financial Aid by communicated deadlines. 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 or a financial verification partner.
Indicate intention to live on campus for their first academic year as noted in their admissions application.
Submit a housing application after enrolling and become an on-campus residential student for their first year.
Does a student have to live on campus to be eligible?
Yes, a student needs to live on campus during their first academic 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.
A change in a student’s intended residential status for their first year, after application submission, may impact their eligibility for The Stevens Investment.
Although students are not required to live in university housing after the first academic year, we invite you to explore the advantages of remaining on campus, including convenient access to classes, support services and a vibrant residential community.
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
First-time, first-year, full-time students living off campus
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.
Are current students eligible for The Stevens Investment?
Although current students (enrolled prior to Fall 2026) are not eligible for this specific program, Stevens encourages current students with questions or concerns about financial aid to contact their financial aid counselor in 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 undergraduate semesters starting with the students entering in Fall 2026. Returning students must:
Submit a CSS Profile and FAFSA by April 15 each year.
Maintain Satisfactory Academic Progress and full-time enrollment each semester.
Continue meeting income and asset thresholds. Students on leave of absence must resubmit the CSS Profile and FAFSA documents to be reconsidered.
Other factors may impact a student’s renewal of The Stevens Investment. Renewal will be reviewed on a case-by-case basis.
Please note: A student is only eligible for undergraduate institutional financial aid while they are classified by the Office of the Registrar as an undergraduate student. A student will no longer be eligible for The Stevens Investment of undergraduate financial aid once the Office of the Registrar classifies the undergraduate student as a graduate student.
