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 email@example.com 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.
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 tuitionpaymentplan.com.
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.