Education Savings Plan
If you or your family has a 529 or other college savings plan that will be used to pay for part or all of your bills, please request payment directly from your plan administrator at least 2 - 3 weeks before your bill is due.
Please be sure to forward any special instructions associated with the 529 plan to our office, especially if we are required to send the trust company an invoice, complete special forms, or provide verification of enrollment. Additionally, ensure that the trust company has our correct address, and be sure to follow up with them if your account is not credited by August 5 for fall semester or December 15 for spring semester. Your account will be credited when Saint Michael's College receives the funds.
Outside scholarships may be used to fund any remaining financial need, as defined by the federal government's formula. If your need is fully met, these scholarships will replace any need-based student loans or work programs. Grants and scholarships issued by Saint Michael's College are usually not affected by outside scholarships.
Please be sure to forward any special instructions associated with these scholarships to our office, especially if the donor requires that we send them an invoice, complete special forms, or provide verification of enrollment or grade transcripts. Your account will be credited when Saint Michael's College receives the funds.
If a scholarship check is sent directly to you, please forward it to Student Financial Services for processing. If the check is issued to you and Saint Michael's College jointly, you must endorse the back of the check before sending it to us. Please be sure to include a copy of the letter or certification that notifies you of your scholarship.
If your award included student employment (work-study), you will be able to work a specified number of hours on campus during the academic year. These earnings can help offset the cost of college. Your wages are not subtracted from your bill at the beginning of each semester because they are earned by you as you work the hours over the course of a semester. You may choose either to receive your earnings directly or to sign over all or part of your earnings toward your bill for the following semester.
Saint Michael's assigns work-study positions during the summer. You will receive your assignment during Orientation Weekend.
Pay varies by position. To continue campus employment, a student must maintain satisfactory academic progress, be enrolled as a full-time student, be a good campus citizen, and perform all assigned duties in a satisfactory manner.
The College Board
The College Board's Scholarship Search homepage.
College is Possible
An information campaign sponsored by the Coalition of America's Colleges and Universities.
FastWEB (Financial Aid Search Through the WEB) is the largest and most complete scholarship search on the Internet. It provides access to a searchable database of more than 400,000 private sector scholarships, fellowships, grants, and student loans available to students.
Federal Student Aid
Federal Student Aid, a part of the U.S. Department of Education, is the largest provider of student financial aid in the nation, providing more than $150 billion in federal grants, loans, and work-study funds each year to more than 13 million students paying for college or career school.
Perkins Loan Information
This site provides an excellent source of information for Perkins Loan borrowers regarding lending questions, repayment details and more. The site is sponsored by the U.S. Department of Education and offers the most current information on the topic. After entering the Web site, select The Student Guide, then Campus-Based Programs - Federal Perkins Loan Program.
Internal Revenue Service (IRS)
The IRS website allows access to tax information, forms, and publications.
Scholarships and Fellowships
Please note: The information presented here is not intended as legal or tax advice. Saint Michael's College can only answer questions relating to tax information the College provides to the student. For answers to person income tax questions, individuals should contact either the IRS or a tax consultant.