Scholarships and Financial Aid
The College of Mount Saint Vincent offers a wide range of scholarships and financial aid programs to assist qualified students to meet educational costs. The College uses its own resources and a variety of federal, state, and private programs to create a “financial aid package” consisting of a combination of scholarships and/or grants with loans or employment. Academic achievement is the primary consideration in determining scholarship awards. All other forms of financial aid are based on financial need.
First time students who wish to apply for financial aid must file the Free Application for Federal Student Aid (FAFSA) after January 1 but no later than March 15. Returning students must file the Renewal application or the (FAFSA) by April 15 (Federal school code: 002703). New York state residents will automatically be sent a TAP application if they list a New York school on the FAFSA (TAP school code: 0130). These forms must be filed every year. Renewal of aid depends on demonstrated need as determined through the Congressionally approved needs analysis, changes in federal and state laws, the availability of funds, the student’s academic level, and satisfactory progress toward completion of degree requirements.
Late applicants will be considered only after the applications of other eligible applicants who met the deadline are processed and will be considered for institutional aid contingent on the availability of funds. All students will be sent an award notice specifying the total annual awards, allocated on a per semester basis. All awards, with the exception of college work study (CWS), are credited to the student’s account each semester.
Any outside scholarships or grants received by the student must be reported to the Financial Aid Office and must be included in the Financial Aid package. The College may be required to revise its awards in order for the total package to be within demonstrated need, as required by federal regulations.