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
  • Notify Student Financial Aid of all outside scholarships you receive.
    • E-mail outside scholarship information to finaid@smcvt.edu or
    • Forward copies of scholarship award letters to Student Financial Aid, 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:
  • If your parent will borrow a Federal Direct Parent PLUS Loan, the parent borrower should:
    • Go to Federal Student Aid PLUS Loans for Parents page
    • Complete the online PLUS Loan Request, so only one application is needed, it is suggested that you request the amount needed for both fall and spring semesters.
    • Complete the PLUS Loan Master Promissory Note.
  • If you choose to borrow a private loan:
  • If you plan to enroll in a tuition payment plan, please follow the directions to enroll on your KnightVision self-service portal
  • Complete the Student Health Insurance Waiver
    • Deadline: In August students will be enrolled in the 2025-26 SMC Student Health Insurance Plan and charged the annual premium automatically unless a valid waiver is completed by the deadline.
    • 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 29, 2025 for Fall 2025 through Spring 2026 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 2025 bills will be issued in mid-July and the due date is mid-August 2025.
    • Spring 2025 payment is due January 2026
    • Bills are issued electronically through the Self-Service portal, an email notification is issued to the student and any authorized proxies.
    • Accepted and finalized financial aid will be reflected on the bill, except for work-study which is earned for personal expenses.
    • Online payments (e-check, Visa, MasterCard, Discover) may also be made via the Online Payment Center.