Tuition and Aid for Graduate Students

Graduate Course Cost Per Credit
Tuition per credit (Academic Year) $700.00
Audit per credit (Academic Year) $350.00
Summer 2026 ‐ Tuition per credit (GPS and MATESOL) $700.00
Summer 2026 ‐ Tuition per credit (GED) $525.00
Note: Fee to audit is 50% of regular cost per tuition hour

Graduate Residential Costs Per Year
Graduate/Veteran Housing $13,200.00 ($1,100.00/month)
Comprehensive Fee for Residential Graduate students $737.50/semester (there is no charge for the summer term)
Fulbright Housing $9,300.00/ $775.00 per mo.
Fulbright Comprehensive Fee
Limited on-campus housing is available to graduate students. Please email housing@smcvt.edu to inquire about availability, pricing, and to request an application.


Graduate financial aid information

Federal Loans for Graduate Students

Graduate students may be eligible to borrow money for their education costs through the Federal Direct Unsubsidized Loan program. Students should note there are annual and lifetime caps for the amount that can be borrowed.

Current students may have a Graduate PLUS loan and can continue under legacy provisions, however, the program is ending for new borrowers starting July 1, 2026.

Details about federal loans for graduate students.

Graduate Private Loans

A graduate student may seek out a private loan lender to address education costs not fully covered by federal loans, scholarships, or other sources of financial aid.

Find out more about private loans.

Other Sources of Aid

Most federal, state, and college aid for higher education is available primarily to undergraduate students. Graduate students often need to look outside of traditional sources – to foundations, special grants, employer education funds, etc. – to find financial assistance.

Post-9/11 GI Bill® Chapter 33 ‘Yellow Ribbon’ Program

Saint Michael’s College is a “Yellow Ribbon” institution. Under the Post-9/11 GI Bill® (known as the Yellow Ribbon Program), the Department of Veteran Affairs will cover tuition for graduate study at Saint Michael’s College in the graduate degree programs (up to 25 applicants; first-come, first-served basis). You must be enrolled in a graduate degree program at Saint Michael’s College. Please contact your Department of Veteran Affairs for application information and forms.

Post-9/11 GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government Website.

Office of Student Financial Services
Saint Michael’s College, Box 4
One Winooski Park
Colchester, Vermont 05439
E-mail: finaid@smcvt.edu
Tel: 802.654.3243
Fax: 802.654.2591