Admissions and Financial Aid

To apply, students are required to submit an online or paper application (the Common Application is accepted), a $50 application fee, official high school transcripts, scores from the SAT I or ACT, and a letter of recommendation. Applications, including all supporting documents and recommendations, must be received in the Office of Admissions by February 15. Students who wish to seek Early Action must apply by November 1.

Financial Aid

Assumption College offers need-based financial aid, as well as merit-based assistance. The College's commitment to academic excellence and student leadership is reflected in our merit based scholarship program. All students who apply for admission are considered for merit scholarships ranging from $5,000 - $16,000.

Merit Scholarships
Merit Scholarships are based on the student's high school rank, grade point average, and SAT-I/ACT scores. No special application is required; students will automatically be considered when they apply for admission. The scholarships are renewable each year, provided the student maintains a specified grade point average. Assumption merit scholarships range from $5,000 to $16,000 and include the Presidential Scholarship, the Aquinas Scholarship, the Milleret Scholarship and the Lyceum Award. Students who file the FAFSA may qualify for need-based aid in addition to a merit scholarship.

Assumption College Grants and Scholarships
These awards are granted based on a student's financial need and academic potential. The amount varies. Each year, the Financial Aid office also has several endowed scholarships available. Upper class students are considered for these after filing the FAFSA; no specific scholarship application is required.

Federal Pell Grant
The Federally funded Pell grant is awarded to undergraduate students with considerable financial need. It does not have to be repaid. For the 2005-2006 academic year, award amounts range from $400 to $4050. This amount may change, depending on government funding levels.

Federal Supplemental Educational Opportunity Grants (FSEOG)
Another federally funded grant program, FSEOG grant recipients are chosen by Assumption College on the basis of financial need.

Federal Perkins Loan
Through this federally sponsored need-based loan program, students borrow funds at a low (5%) interest rate. Repayment of the loan begins nine months after the student withdraws or graduates, and no interest accrues until that time. Students must be awarded the loan by the Financial Aid office. The amount a student can borrow varies, depending on what funding the college has available.

Federal Work Study Program
This program provides employment for students to help them pay for their college education. Students must demonstrate financial need to qualify. As with any employment, a student must earn work-study funds and is paid in the form of a weekly paycheck, according to how many hours have been worked.

Federal Stafford Loan Program
This program allows students to borrow funds at a low variable interest rate (capped at 8.25%). For students with need, the loan is Subsidized, and no interest accrues until six months after the student graduates or withdraws from school. Students who do not demonstrate need qualify for an Unsubsidized loan, and interest begins accruing while the student is in school. Repayment begins six months after the student leaves school. Freshmen can borrow a maximum of $2625, sophomores can borrow $3500, and juniors and seniors may borrow $5500.

State Assistance Programs
Many states have grant and/or loan programs for which you may qualify. Contact the scholarship agency in your home state for deadline and application information.

Outside Scholarships
Many scholarships are available through sources such as religious and civic organizations, your parent's employer, and local businesses. Ask your guidance counselor for help researching such sources, and check out scholarship books at local libraries. Also, browse the fastWEB scholarship database at www.fastweb.com. for more information on scholarships and helpful searches.