Scholarships and Grants
Southern Vermont College offers scholarships and grants designed to assist in payment of the tuition bill. Eligibility for these awards is based upon a variety of criteria, including but not limited to, academic merit, financial need and community service. Regardless of the type of institutional award, it may not exceed the cost of tuition when combined with other awards that are designed for tuition only.
Scholarships and Grants Policy
Southern Vermont College offers scholarships and grants designed to assist in payment of the tuition bill. Eligibility for these awards is based upon a variety of criteria, including but not limited to, academic merit, financial need and community service. Regardless of the type of institutional award, it may not exceed the cost of tuition when combined with other awards that are designed for tuition only. All students who receive Southern Vermont College Grants/Scholarships are required to be making satisfactory academic progress and maintain at least a 2.0 GPA. Students who earn less than this standard will have an opportunity to appeal if there were extenuating circumstances that occurred during the academic year.
Institutional financial aid is awarded for full-time study (at least twelve credits per semester) during the fall or spring semesters only. Generally, an otherwise eligible applicant may be granted institutional aid award(s) for full-time study during the summer semester if the summer is the final semester of study toward the degree. Similarly, if a student enrolls for a final semester of attendance and less than twelve credits are required for the degree, institutional financial aid eligibility may be awarded in an amount proportional to the percent of full-time tuition charged to the student. In any case, the student must submit a written appeal for extension of the institutional financial aid eligibility for semesters of part-time study or for full-time study during the summer semester, to the Director of Student Financial Services. The Director of Student Financial Services will present the written appeal to the Financial Aid Committee for a decision.
Students who withdraw from the College or enroll for part-time study will become ineligible for institutional financial aid awards indefinitely. If a student must take a semester off or enroll part-time study for one semester and he or she wishes to defer eligibility for an institutional financial aid award until a subsequent semester of full-time study, he or she must submit a written request for such a deferment to the Director of Student Financial Services. Any such deferment of financial aid eligibility will be at the discretion of the Financial Aid Committee and will be for one semester only.
If a student withdraws from some or all credits during a semester and is liable for less than 100 percent of the tuition charges, institutional financial award(s) will be proportional to the percent of tuition liability for that semester. In such case, the student would be responsible for any account balance that may result.
Scholarships based on Merit and Community Service
The Office of Admissions awards merit scholarships based on academic criteria. The academic criteria is a combination of a student’s grade-point average, SAT and ACT scores. There are several academic scholarships; the Presidential Scholarship, Everett Scholarship, and SVC Opportunity Grant. Students who wish to transfer to SVC may be eligible for the Transfer Scholarship. The Engaged Scholarship is awarded based on leadership, community involvement, and extra-curricular activities. A TRIO Scholarship is available for students from Upward Bound or Talent Search programs.
Scholarships and grants based on Financial Need
The Financial Aid Office awards need based financial aid. Need based financial aid is awarded based on eligibility as determined by the FAFSA and the resources of the college. Funds are awarded and administered by the College. Students who receive the SVC Need Based Scholarship and are eligible for the Federal Loan Programs and the Federal Work Study program are expected to take advantage of that eligibility to the fullest extent possible. Failure to do so might indicate that the student has other financial resources available to them. Need-based financial aid scholarships are awarded for full-time study (at least twelve credits per semester) during the fall or spring semesters only.
For more information on any of these programs, please contact us at email@example.com or 802-447-6306.
Other SVC Financial Aid Information
Stacey Hills, Chair, Associate Professor, The McCormick Division of Business