Financial Aid Award
Once your financial need is determined, a financial aid
award that is equal to your need will be offered. Notices of financial
aid awards will be sent at the same time as admission letters are mailed to first-year
and transfer
applicants. The award is sometimes called an aid "package" because
it may include both self-help (employment) and gift aid (scholarships
and grants).
Students with lower financial need will be offered self-help. Students
with greater need will be offered a combination of self-help and gift
aid.
Starting with the 2008-2009 school year, the initial $1,700 of a first-year student's need will
be met with self-help in the form of employment. There will be no initially packaged student loans. All further
need will be met with scholarship or grant assistance.
You do not have to accept aid offered in the form of self-help in order to
receive gift aid from the College. The College, however, will not replace the
self-help component of your aid package with scholarship or grant assistance.
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