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Financial Aid

FINANCIAL AID POLICY

Smith College seeks to provide educational opportunity for qualified students, knowing that many of them will require financial assistance. Our need-based aid program begins with a consistent, yet personalized, assessment of each applicant's ability to pay for college expenses. Smith meets the full documented need, as determined by college policy, of all admitted students who apply for aid by the published deadlines. Some admission decisions may include an assessment of the student's level of need. These need-sensitive evaluations affect approximately 5 percent of all applicants.

Students must not wait until they have been accepted to Smith to apply for aid.  Any student who may need financial assistance during her tenure at Smith should apply for aid by the financial aid deadlines.  Students (U.S. Citizens) who do not apply for financial aid by the published financial aid deadlines will be required to complete 64 credits at Smith before they are eligible to apply for institutional financial aid.  This means that a student would be eligible to receive only federal, state, and outside aid for her first two years at Smith; no Smith grant aid would be available for that period.   For Ada Comstock Scholars and Transfers, the same policy applies, but the waiting period is 32 credits.

International students who do not apply by the published deadlines prior to admission are ineligible to receive institutional financial aid from the college at any time.

(Please note that this policy does not apply to students who apply for aid by the published deadlines and are found ineligible for need-based aid.)

 

Click here to read our Policy for Review and Appeal of Need-based Financial Aid Awards.

Aid Policy

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