Students apply through commercial lenders. If the student demonstrates need and the loan is subsidized, the Federal Government pays interest while the student is enrolled. If not, the interest accrues while the student is in school. Repayment of principle and interest begins six months following graduation or less than half-time enrollment or termination of studies. These are based solely on academic and personal achievement.
Awards are renewable each year provided students maintain the required academic average.
Scholarship winners may also qualify for need-based financial aid awards. Please call the Office of Admissions for our Competitive Scholarships brochure and any special application forms. The student is responsible for any additional costs related to fees, room and board, books and supplies, transportation and other expenses. A Teaching Fellow who establishes financial need may receive financial assistance to help defray these expenses. The College determines the number of new Teaching Fellows it will support each year.