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Tulane’s No Loan Assistance Scholarship (NOLA)

Tulane’s Louisiana Promise Financial Award No Loan Assistance Scholarship (LPNOLA)

Tulane Louisiana Promise funding for an enhanced version of Tulane’s No Loan Assistance Scholarship (NOLA) will be available for those admitted to and enrolling in the fall 2021 semester as full-time first-time Louisiana (defined as having their primary residence in the State of Louisiana) freshmen who graduate from a Louisiana high school and meet the financial need criteria. The enhanced version follows all NOLA program limitations, procedures, requirement and policies (so it is important to review and understand them), with variations shown at the end of this page.

Tulane’s No Loan Assistance Scholarship (NOLA)

Full-time entering fall freshmen showing parental adjusted gross income (AGI on the custodial parents' federal tax return used for need analysis) being equal to or less than $75,000 will be reviewed for Tulane's No Loan Assistance (NOLA) if the aid applications (including both the FAFSA and CSS Profile) are submitted to be processed by the February 15th preceding entry. Tulane's NOLA scholarship will be added if gift aid* plus Tulane's Institutional Methodology Expected Family Contribution (IM EFC)** does not total at least the tuition, fee, transportation and book components of the student's standard Cost of Attendance (COA), in an amount to make up the difference; however, final determination of eligibility for Tulane's NOLA program will adhere to the same merit threshold and general requirements established for receipt of need-based Tulane Scholarship.

Please note that not all applicants initially placed in the pool of consideration for the award will be eligible to receive Tulane's NOLA scholarship. For example, assets which are included in the calculation of the IM EFC may in turn eliminate eligibility for NOLA, students who have a high level of other gift aid may not qualify, and/or a contribution expected from a non-custodial parent and included in the calculation of the IM EFC may in turn eliminate eligibility for NOLA.

Also, please note that NOLA is awarded based on information on hand and will be reduced if additional information for the student's financial aid file results in an IM EFC increase, and/or non-NOLA gift aid is increased or is found to be higher than was included in an earlier evaluation, and/or the federal tax return AGI for custodial parents becomes larger than $75,000 and/or authorized financial aid COA is reduced. Audits of NOLA awarding are made on a periodic basis, and NOLA adjustments may be made if auditing reveals the need for NOLA amount correction.

*Gift aid includes but is not limited to any scholarship received from Tulane or ROTC or other sources, tuition waiver, tuition exchange and/or any discount to full-time tuition or rebate of tuition; however, for purposes of NOLA, Tulane will exclude Louisiana GO Grant and Louisiana TOPS from the gift aid total.

**IM EFC varies according to a myriad of factors (for example, earnings, assets, non-custodial parent contribution, number in family, children in college, state of permanent residence, age of parents, etc.), and therefore families with identical adjusted gross incomes will rarely have identical IM EFC's. The Expected Family Contribution is not an evaluation of current disposable income, but rather reflects an analysis of what the family should have available to contribute towards the students' upcoming annual educational costs.

Renewal Information

Recipients of NOLA in prior years will be reviewed for continuation of NOLA eligibility for the subsequent academic year provided the student applies for financial aid on or before the April 15th preceding the academic year and the student maintains at least a 2.300 cumulative grade point average as well as full-time undergraduate enrollment. The scholarship may be awarded for fall and/or spring semesters to such students attending on a full-time basis and assessed tuition at the standard Tulane full-time undergraduate division rate and being otherwise eligible. This same criteria will need to be met each subsequent year for NOLA renewal consideration. Exception 1: graduating seniors in a final semester of a program may receive NOLA scholarship funds if enrolled less than full-time, although the NOLA award will be adjusted to reflect actual aid and tuition and fee charges. Exception 2: A student who is otherwise eligible to receive Tulane need-based scholarship, including NOLA, may be awarded a conditional semester of scholarship under limited circumstances; see "Conditional Year" discussion within the Tulane Scholarship section for more details.

Tulane’s Louisiana Promise Financial Award No Loan Assistance Scholarship (LPNOLA)

Tulane Louisiana Promise funding for an enhanced version of Tulane’s No Loan Assistance Scholarship (NOLA) will be available for those admitted to and enrolling in the fall 2021 semester as full-time first-time Louisiana (defined as having their primary residence in the State of Louisiana) freshmen who graduate from a Louisiana high school and meet the financial need criteria. The enhanced version follows all NOLA program limitations, procedures, requirement and policies (so it is important to review and understand them), with the following variations:

1.) Louisiana Promise NOLA raises the federal adjusted gross income (AGI) cap for consideration from $75,000 to $99,999

2.) Louisiana Promise NOLA adds standard cost of attendance room, board and miscellaneous components to the initial packaging calculations

3.) Louisiana Promise NOLA extends the deadline to submit aid applications (FAFSA and Profile for custodial and non-custodial parents) from February 15 to April 15

4.) Louisiana Promise NOLA follows all Tulane University undergraduate admissions standards established for residents of Louisiana in determining a student’s eligibility

5.) Louisiana Promise NOLA renewal for those receiving the scholarship in the 2021-2022 academic year is limited to those who:

  • Enrolled as a first-time full-time student in the 2021 fall semester
  • Meet all criteria for consideration for LPNOLA eligibility
  • Meet all criteria for Tulane Scholarship eligibility and renewal
  • Meet all criteria for NOLA renewal

Please note that although Tulane will exclude Louisiana TOPS from the gift aid total to calculate LPNOLA, because TOPS is limited to cost of attendance minus all other gift aid, there may be cases in which the LPNOLA amount must be altered in order to make room for a student’s full TOPS award. Similarly, other scholarships may have certain restrictions which by their nature might require alteration to LPNOLA and/or their scholarship amount/s to maintain compliance.

It is also important to note that although an applicant may be placed in the pool of consideration for the scholarship, it does not necessarily mean a LPNOLA award will result.

To be placed in the pool of consideration for the enhanced need-based scholarship for the 2021-2022 fall-spring academic year:

1. The applicant must have received admission as a first-time full-time freshman to a Newcomb-Tulane college for the fall 2021 semester

2. The applicant must be graduating or have graduated from a Louisiana high school

3. The applicant must be a Louisiana resident

4. The applicant and family must file both the Free Application for Federal Student Aid and Profile by April 15, 2021

5. Need-based Tulane Scholarship review must have taken place (which means we must have a complete file for institutional methodology need analysis, or IM review)

6. Federal Adjusted Gross Income for the family must be less than $100,000

Last updated on

November 12, 2020 11:24 AM