In a typical academic year more than fifty percent of students who apply for aid receive assistance in the form of scholarships, state tuition subsidies, loans, and/or Federal Work-Study funds.By understanding the basics, you can take advantage of the various opportunities available to help fund your education.
Eligibility for Aid
Eligibility for financial aid at Cummings School is based on documented financial need. Need is the difference between the cost of education and the expected family contribution, as calculated using a standard need-analysis formula.To be eligible for financial aid students must fulfill the following requirements:
- Be a US citizen or an eligible non-citizen for federal aid programs. First-year international students are not eligible for institutional financial aid but may apply for several private student loans.
- Be enrolled in an eligible degree program on at least a half-time basis and maintaining satisfactory academic progress,
- Not be in default on a student loan or owe a refund on a federal grant
- Use financial aid funds for education related expenses only.
Types of Financial Aid
There are various sources that comprise the funding for your individual financial aid package. Cummings School will determine your need and develop a financial aid package that may include a combination of institutional funds, federal loans, and federal work study.
Applicants must submit the following:
- Cummings School Financial Aid Application
- Cummings School Student and Parent Questionnaire
- free Application for Federal Student Aid
- a copy of the student’s federal tax return
- and a copy of the student’s parents’ federal tax return