Assumption College awards over $23 million in scholarships and grants each year and 90% percent of our students benefit from these funds. Grants and scholarships do not need to be repaid.
Assumption guarantees the initial level of your institutional grants and scholarships for all four years. (This guarantee is based on your maintaining a satisfactory academic standing and no change in your status with regard to family income, household size and number of students in college.) It is important for you to be able to plan ahead, and consider costs and financing beyond the first year. As an Assumption student, you can expect consistency in your financial aid from your first to your last semester.
Merit Scholarships
Students who are accepted for admission to Assumption are automatically considered for merit scholarship during the admissions process. No special application or FAFSA is required. These institutional scholarships are renewable each year, provided you maintain a specified grade point average. Students who file the FAFSA may qualify for need-based aid in addition to a merit scholarship.
These scholarships are based on your high school grade point average, course selection, rank, and extracurricular achievements.
Assumption awards individual merit scholarships up to $20,000 annually.
Grants and Scholarships
Assumption awards institutional grants and scholarships based on a student's need as identified by the FAFSA application and the student’s academic potential. Upperclass students are considered for these after filing the FAFSA; no specific scholarship application is required.
Outside Scholarships
Scholarships may also be available through sources such as religious and civic organizations, banks and credit unions, your parent's employer, and local businesses.
Ask your guidance counselor for help researching potential scholarship sources.
Browse www.fastweb.com for more information on scholarships and helpful searches.
You should not need to pay to find potential sources of scholarship funds.
You should inform the Assumption financial aid office of scholarships you receive from other sources.
Federal Pell Grant
The federally funded Pell Grant is awarded to undergraduate students with considerable financial need and does not have to be repaid.
For the 2010-2011 academic year, Pell Grants may be awarded up to $5,550. This amount of this grant may change during your time at Assumption, depending on government funding levels.
Federal Supplemental Education Opportunity Grants (FSEOG)
Another federally funded grant program, FSEOG grant recipients are chosen by Assumption College on the basis of financial need.
For the 2010-2011 academic year, FSEOG grants may be awarded up to $2500. This amount may change during your time at Assumption, depending on government funding levels.
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.
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.