|
If you receive any assistance from an organization outside of the College, this aid must be taken into consideration in calculating your financial aid award. For this reason, you are required to report such aid through use of the Outside Award Response Form (PDF) The treatment of outside aid depends on the source as outlined below.
Please send scholarship checks to:
Smith College
Student Financial Services
College Hall
Northampton, MA 01063
Smith College recognizes your achievement in being awarded merit based aid. Outside aid based on student merit will first reduce or replace the self-help portion of your award (federal work study and federal subsidized loan). If the outside aid exceeds the total self-help portion of your award, we will allow the aid to go toward a one-time computer purchase or toward the cost of the on-campus health insurance plan. If you do not purchase or have already purchased a computer, and if you do not accept the on-campus health insurance plan, or if your merit aid exceeds these costs, merit aid will replace Smith Grant on a dollar for dollar basis.
This type of award includes tuition subsidies based on parent employment, or state and federal grant assistance. These awards are not based on student merit and reduce Smith Grant eligibility dollar for dollar. Educational benefits from state and federal agencies will reduce the self-help components of the award (loan and work). Need-based loans from state or outside agencies can be used to replace dollar for dollar either the suggested federal loan or the work study award.
Educational Benefits
Smith College will consider any veteran's educational benefit as a resource for financial aid. This means that financial assistance offered through Smith may be reduced when the amount of VA benefits are factored into the award. This will apply to any institutional financial aid awarded. Our normal treatment for outside aid is to reduce or eliminate your self-help aid (loans or work study). If your outside aid goes beyond these adjustments, Smith Grant assistance will be reduced dollar for dollar. However, most VA educational benefits are exempt from being considered as a resource for determining federal financial aid funding levels. This means you may be allowed to keep a subsidized federal loan and federal work study, but could have a reduction in any grant assistance offered by Smith. Smith College merit awards are excluded from this treatment.
Yellow Ribbon Benefits
Smith College is proud to be a sponsor of the Yellow Ribbon Program for our nation's veterans. This program was created as part of the Post - 9/11 Veterans Educational Act of 2008. Smith has made a commitment to both undergraduate and graduate students. Students seeking either a Bachelor's or Master's degree can apply for assistance through this program. Students must complete a Yellow Ribbon Benefits Request Form along with a certificate of eligibility to be considered. Funding is limited and will be issued on a first come, first served basis. Awarding will be determined by the date and time this form is returned to the appropriate office. Any student applying for this benefit is encouraged to fax or email the completed form. This program is only open to those veterans who have met the necessary qualifications for enrollment in this program. Eligibility criteria can be viewed on the GI Bill Website.
Any student awarded funding through the Yellow Ribbon Program will continue to receive this benefit as long as they remain in good academic standing and Smith continues to participate in the program. Students must be continuously enrolled at the college in order to maintain their spot in the program. Students must also have a remaining entitlement through the Veteran's Administration (VA). Yearly funding levels will depend on the amount Smith commits to this program.
2013-2014 Funding Level
| PROGRAM |
ENROLLMENT MAXIMUM |
CONTRIBUTION |
| Traditional Undergraduates |
2 Students Maximum each year |
$10,000 |
| Graduate Students (excludes SSW) |
1 Student Maximum each year |
$10,000 |
| Graduate School for Social Work |
1 Student Maximum each year |
$ 7,500 |
The funding levels above will be matched by a direct contribution from the VA. Eligible students meeting the application criteria will be awarded the benefit regardless of whether they qualify for need-based assistance. This benefit will replace need-based grant assistance on a dollar for dollar basis, per our outside aid policy. Students accepted into Smith's Yellow Ribbon program will be required to request certification from the School Certifying Official.
Links to Outside Aid Sources
|