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Traditional Students

Current & Enrolled Students

This section is for current students applying for aid. If you are a prospective student, please go to the Tuition & Financial Aid section for application deadlines and policies. You must apply for financial aid prior to admission.

Current Students Applying for Financial Aid

Changing Aid Consideration

If you are a current student who received only federal aid in the prior year, or did not apply for aid in the prior year but would like to be considered for institutional aid in the upcoming year,  you must notify the Student Financial Services in writing so that your requirements can be updated.

Applying for Readmission

If you apply for readmission to Smith College you must complete your financial aid application by August 15 for fall readmission or January 4 for spring readmission. If you are applying for financial aid but do not complete the application by the deadline, your readmission application may be denied or any prior approval revoked. Review information available on the registrar's website for  details on the readmission process.

Housing & Aid

Holding a position with the residence life office will impact your financial aid award. The aid adjustment will depend on the position. Please contact us to determine how your award would be affected by a residence life position.

Housing Coordinators & House Community Advisers

Domestic and international Housing Coordinators (HCs) and House Community Advisers (HCAs) have their work-study award replaced with the HCA stipend. The stipend will be paid regularly during the academic year.

Head Residents

Domestic Head Residents (HRs) will have all loan and work components of their awards replaced with the Head Resident Grant and stipend. Students receiving need-based grant assistance from Smith College will see a reduction in their Smith grant assistance by the amount that the HR grant exceeds the level of self-help (loan and work).

Although this award adjustment will remove your existing loans from your award, you have the option to request any loan eligibility they have remaining after the residence life award is factored in. Please contact us if you wish to determine your remaining loan eligibility.

Below is an example of how working as a Head Resident would affect your financial aid award (2016-17).

Self-help assistance:

  Juniors & Seniors
Loan $5,500
Work $2,900
Total self help $8,400

Need-based grant reduction:

Head Resident Grant $12,594
Head Resident Stipend (not including January term funding) $3,416
Total assistance provided (total room and board cost $16,010
Minus self-help total (from above) $8,400
Minus HR Stipend (from above) $3,416
Grant reduction $4,194

Nontraditional Housing Arrangements for Traditional Students

There is a grant reduction when a traditional student lives off campus, in a co-op or on-campus apartment, or with relatives.

Off-Campus Housing

If you move off campus, you will not be charged by the college for room and board (2016-17).

Reduction in billed fees $16,010
Smith Grant reduction* $7,704
Net savings in billed fees $8,306

*If you will be living with relatives, we will use a different calculation to determine your grant reduction. Please contact us for details on your specific potential award adjustment.


Living in a co-op (Tenney, Hopkins, Friedman) results in lower charges and a reduced Smith Grant (2016-17).

Charge for room $8,000
Smith Grant reduction $3,284
Net savings in billed fees $4,726

Please note: You will be charged by Smith only for the room; the cost of food is your responsibility.

Allowance for Others in College

The fees of undergraduate institutions attended by siblings of traditional students or children of Ada Comstock Scholars are considered in our aid calculations. The enrollment status of each person is verified in the fall. A change in institution or enrollment status may affect your grant aid. For future planning, contact us for the allowance amount used this year.

How We Determine Need

Each financial aid application file is personally reviewed by experienced staff in the Office of Student Financial Services. In addition to submitting the required documentation, you are welcome to include any information that you feel will help us understand your family's financial status.

Three steps are used in documenting your level of financial need:

1. Calculating the family contribution

The Office of Student Financial Services evaluates each student's application using federal and institutional methodologies to assess a family's financial resources. During the review, attention is given to individual family circumstances. Standard factors involved in the review include income, assets, family size, the number of family members in college, unreimbursed medical expenses, taxes paid and tuition for siblings in elementary or secondary school. Staff will determine what each family is expected to contribute toward the student's annual educational expenses following the appropriate federal and college policies.

2. Determining the cost of attendance

An educational expense budget is calculated for each student. Tuition, fees, room and board, and standard allowances for books, supplies, personal expenses and travel are included.

3. Financial need

The difference between the cost of attendance and the calculated family contribution is the student's documented financial need.

Smith College recognizes the diversity of the modern family and requires the submission of information regarding both parents, as well as spouses and domestic partners of each parent. Exceptions to this policy are made on a case-by-case basis.

Declining Aid

We assume all awards are accepted as offered unless we receive notification otherwise in writing. You may decrease or decline the loan (or any other part of the award) by sending an email to or noting your decision on your financial aid award letter and returning it to the Office of Student Financial Services. Be sure to keep a copy for your records.