Financial Aid Checklist

Financial Aid Checklist

While some items below may not apply to all students, we recommend that you review all information carefully. 

Carefully review your financial aid award.

Submit your $500 enrollment deposit to Saint Michael's by May 1 

By July 14, notify Student Financial Services of all outside scholarships you receive.

  • E-mail outside scholarship information to or
  • Forward copies of scholarship award letters to Student Financial Services, One Winooski Park, Box 4 Colchester, VT 05439

Review outstanding financial aid requirements and provide requested documentation

  • Financial aid requirements are listed in KnightVision under the Communication tab.
  • Provide requested information as promptly as possible so we can finalize your financial aid eligibility.

Accept student loans and/or work study online via KnightVision

  • Access your KnightVision account via the mySMC Portal
  • In KnightVision, select Financial Aid and Accept or reject financial aid awards

If your award includes a Federal Direct Student Loan and you choose to accept it:

  • Go to
  • Complete online Loan Entrance Counseling.
  • Complete the online Subsidized/Unsubsidized Master Promissory Note.

If your award includes a Federal Perkins Loan and you choose to accept it: 

  • Watch your SMC e-mail account for log in credentials from Heartland/ECSI your Perkins Loan servicer.
  • You will need to complete a Perkins Loan Promissory Note and Entrance Counseling online atHeartland/ECSI.
  • Perkins Loan Promissory Note and Entrance Counseling are in addition to the requirements for a Direct Loan.
  • Deadline:  2017-18 Perkins Loans must be finalized and disbursed by September 1, 2017.

If your parent will borrow a Federal Direct Parent PLUS Loan, the parent borrower should:

If you choose to borrow a private loan:

If you plan to enroll in a tuition payment plan, enroll online at

Complete the Student Health Insurance Waiver

  • Deadline: August 24, 2017
  • Students will be enrolled in the 2017-18 SMC Student Health Insurance Plan and charged the annual premium automatically unless a valid waiver is completed by August 24, 2017.
  • Learn more

Review the tuition refund schedule and consider purchasing optional tuition refund insurance.

  • Tuition refund insurance can minimize the financial impact of a full withdrawal for a covered medical reason 
  • Enroll by August 27, 2017 for Fall 2017 - Spring 2018 coverage.

Request 529/ educational savings plan distributions

  • Request distributions directly from your plan administrator
  • Please allow 2-3 weeks for payment to be received

Review and settle your bill

  • Fall 2017 bills will be issued in mid-July and will be due August 18, 2017. 
  • Bills are mailed to the student's home address or an alternative billing address provided by the student
  • Accepted and finalized financial aid will be reflected on the bill
  • Online payments (e-check, Visa, MasterCard, Discover) may be made via the Online Payment Center.

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