Admitted students may apply for need-based scholarships. There is no set limit, however, our need assessment includes consideration of all resources (including cash, savings, investments, IRA and retirement accounts, trust funds, real estate equity, G.I. and Social Security benefits, income of both student and spouse, other familial resources, income tax refunds, sponsorships from companies, as well as prior educational debt levels). Decisions are made by committee and based on the available budget as well as certain donor preferences. Lastly, we also take into account merit-based awards made possible by the Admissions office. Additional information might be requested to best assess a candidate’s ability to pay and late applications are subject to a different process.