Outside aid will first reduce or replace the self-help portion of your award (loan and work-study). 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 Smith College Health Insurance (unless you receive a health grant). Any amount of outside aid in excess of self-help and these costs will reduce Smith Grant dollar for dollar. State or federal grant assistance reduces Smith Grant dollar for dollar. 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. Outside aid includes outside awards based on student merit, as well as tuition subsidies based on parent employment (Tuition Benefits).
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. You are required to report all outside aid to the Student Financial Services office.
Once you notify us of any aid which is expected to be sent directly to the college, we will add the anticipated amount to the student account as a pending credit, reducing the amount due. If the aid is expected to be late, please notify us so we can extend the pending credit. Any amounts expected but not received are the responsiblilty of the student.
Please send all outside aid checks to:
Student Financial Services
Northampton, MA 01063
Be sure to note your name and ID on all checks.
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 Veteran's Administration (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. Students requesting certification must fill out a Veterans Certification Request form and submit it to the Office of the Registrar along with their VA Certificate of Eligibility.
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 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 also have a remaining entitlement through the VA. Yearly funding levels will depend on the amount Smith commits to this program.
|Undergraduates||Three students maximum each year||$10,000|
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 present their VA Certificate of Eligibility to a school certifying official.