Financial Resources for FLI Students
Amherst has some well-known, but overlooked financial aid resources available to students. From emergency funds to tax-filing questions, below we pulled an introductory list of resources that may be helpful to low-income students:
- All students may apply for emergency funding for an unanticipated financial challenge.
- Learn more here.
- Some students (if you are a current recipient of the Access Grant, you will likely fall in this category) on financial aid are eligible to have out-of-pocket medical expenses, such as co-payments, covered by financial aid grant.
- Click here to learn what financial support you are eligible for.
- If you are not eligible for financial support from the college, it is still possible to work with the billing office of hospitals and medical providers to arrange payment plans over 12 or 24 months.
- Click here to learn what financial support you are eligible for.
- Read through last year's 2023 FLI Tax Guide to prepare for the 2024 tax season!
Check out our instagram post about Financial Support Resources, partnered with @ac_healthandwellbeing
Amherst College Textbook Solutions (ACTS) Program
The Amherst College Textbook Solution (ACTS) will provide all enrolled students with the necessary textbooks and course materials required for classes.
This campus-wide program will serve the needs of faculty and students and create greater educational equity, as well as ensuring that the cost of course materials is never a barrier to taking a class. ACTS will start in the 2024–25 academic year.
Learn more on their website here.
Access Grant v.s. Emergency Fund
Learn more about all Financial Aid Enhancements here.
Access Grant | Emergency Fund (Learn more here) |
Is... automatically distributed to eligible students, and is one of the ways Amherst is increasing equity for students, as a proactive measure to help prepare students for unanticipated costs and personal expenses that may otherwise pose a hardship.
Who’s eligible: Typically, students who have an Amherst Grant of more than $80,000 are eligible for the Access Grant.
What’s Covered Access Grant funds are intended to assist with items such as:
How to Use the Access Grant The Access Grant is automatically added onto eligible student’s accounts. Credit balance funds will be issued by Student Accounts and executed by our electronic payment partner, Finexio. Students will receive payment email from Finexio/Checkbook.io (support@checkbook.io) at the beginning of each semester they are eligible. | Is... intended to assist students with meeting immediate needs so they can continue their studies with minimal disruption. The emergency fund assists students experiencing financial strain and need supplemental resources due to temporary hardship.
Who’s eligible: All Amherst College students currently enrolled.
What’s Covered
How to Apply for the Emergency Fund
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What Isn’t Covered
| What Isn’t Covered
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Learn more about your Student Loan options here at Amherst College
Check out this website for information on the three types of loans:
- Federal Direct Stafford Loan (Subsidized and Unsubsidized)
- Amherst College Computer Loan
- Federal Direct Parent PLUS Loan
- And some more information for international students, etc.
Contact Financial Aid for any questions you have regarding loans.
Charles Hamilton Houston Internship Program
Are you looking for funding for a summer internship and you used your Meiklejohn Fellowship Stipend already? Learn more about the Charles Hamilton Houston Internship Program.
- For any questions about the Houston Program, please email internships@amherst.edu.
External Resources
In hopes of promoting higher education for first-generation Americans & Inmigrants, Annuity has created two comprehensive, easy-to-read guides on scholarship information and financial literacy for First-Gen students on the internet. Their pages cover topics like needs vs merit-based scholarships, evaluating tuition costs, language barriers, planning for your future after college, and much more to benefit incoming students.
You can check out their guides here:
http://www.annuity.org/financial-literacy/students/
https://www.annuity.org/financial-literacy/first-generation-americans/
Office of Fellowships
Checkout the Office of Fellowships to see if there are any fellowships, which are merit-based, competitive awards, scholarships, or grants that support a major educational experience of goal, that align with your interests during or after your time (such as, graduate school) at Amherst College.