OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Smith College Financial Aid and Scholarships 2022

Located in Northampton, MA, Smith College is a private university. Smith College was founded in the year 1871. The motto of the Smith College is Ἐν τῇ ἀρετῇ τὴν γνῶσιν (Greek) and its official colors are blue with gold trim. The total enrolment stands at 2,903 (Fall 2018) students at Smith College. Around 2,531 and 363 students take admission in various undergraduate and postgraduate courses of the university. To teach various courses to the students, the school has em

Smith College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

71%

Total Aid Amount Average Total Aid Awarded per year.

$75.138M

Financial Aid Official Website

www.smith.edu/sfs

Students can avail of scholarships provided by the college, such as Dora Windes Zollman Scholarship, Heriberto Flores Scholarship, MASSGrant Program, and Marie L. Rose Scholarship, if they find educational expenses to be on the higher side. Notably, 71% of the students at Smith College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $6,015,500. For additional information about financial assistance schemes, one can head over to SC’s financial aid page at http://www.smith.edu/sfs. At SC, the total percentage of applicants who receive the Federal Grant stands at 18%. On the other hand, 67% of the candidates get the Student Grant, 67% receive the Institution Grant, and 18% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,771, while the same comes to $2,718 for State Grant receivers and $42,042 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,824. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Students whose family income per annum is less than $30,000 will receive a federal aid of $57,245 on average in a year. The average aid amount stands at $56,918 for an annual family income between $30,001 and $48,000. This amount comes to $52,816 for those who fall under the $48,001-$75,000 family income bracket. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $46,143. And, for those with a family income of more than $110,000, the amount stands at $25,590. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At SC, an estimated number of 46% of the applicants choose to go for student loans.

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