Vermont Business Magazine Saint Michael’s College’s new financial aid initiative fortifies the Colchester-based college’s mission of making its deeply engaging, student-centered education more affordable.
The “St. Mike’s Community Commitment” simplifies the financial aid process, making a Saint Michael’s education more accessible to students from every socioeconomic background. Families will also more easily be able to estimate the financial aspects of attendance.
“The St. Mike’s Community Commitment aligns with our institution’s mission and the Edmundite value of access to education, which has been a priority since our founding,” said Saint Michael’s College President Richard Plumb, Ph.D. “This initiative enables talented students from all backgrounds to obtain a first-rate education. By reducing ambiguity around the cost of attendance for their families, we are empowering more students to set ambitious goals.”
Students from families with an income of $100,000 or less who are entering Saint Michael’s beginning in fall 2025 — as well as continuing students maintaining a GPA of 3.2— are eligible to receive a financial aid package that covers the full cost of tuition. Students benefiting from this new initiative may also qualify for additional aid depending on their calculated financial need through the Free Application for Federal Student Aid (FAFSA).
Generous merit awards and need-based aid will continue to be available to all families who qualify, including those who may not be eligible for this new program.
“We’ve been committed to equity and access and will continue this commitment for current and future students,” said Brigid Lawler, Saint Michael’s Vice President for Enrollment Management. “The St. Mike’s Community Commitment will provide more clarity for students and families who want a better sense of the aid they will receive early in the process.”
For more information on the St. Mike’s Community Commitment, visit https://www.smcvt.edu/admission-aid/financial-aid/st-mikes-community-commitment.
About Saint Michael’s College
Saint Michael's College, founded in 1904 on principles of social justice and leading lives of purpose and consequence, is a selective, Catholic college just outside Burlington, Vermont, one of the country's best college towns. Located between the Green Mountains and Lake Champlain, our closely connected community guarantees housing all four years and delivers internationally respected liberal arts together with an innovative Purposeful Learning Program, preparing students for fulfilling careers and meaningful lives. Young adults here grow intellectually, socially, and morally, learning to be responsible for themselves, each other, and their world. Learn more at smcvt.edu.
Source: www.smcvt.edu
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