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 10, notify Student Financial Services 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 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 www.studentloans.gov.
  • Complete online Loan Entrance Counseling.
  • Complete the online Subsidized/Unsubsidized Master Promissory Note.
  • Click here for instructions. 

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

  • Submit a PLUS Loan request at studentloans.gov (2020-21 PLUS request available after May 1, 2020).
  • Complete the PLUS Loan Master Promissory Note, also at studentloans.gov.

If you choose to borrow a private loan:

If you plan to enroll in a tuition payment plan, enroll online through CashNet.

Complete the Student Health Insurance Waiver

  • Deadline: August 14th, 2020
  • Students will be enrolled in the 2020-21 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 30, 2020 for Fall 2020 – Spring 2021 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 2020 bills will be issued in mid-July and due date is August 14th, 2020.
  • Bills are issued electronically through the Self-Service portal and an email notification is issued to the student and any authorized proxies.
  • Accepted and finalized financial aid will be reflected on the bill.
  • Online payments (e-check, Visa, MasterCard, Discover) may also be made via the Online Payment Center.