Available Federal Loans and Aid at Dartmouth College
As one of the most prestigious and highly selective institutions for higher education in the US, Dartmouth College wants the best students to apply. With that in mind, finances should not be a deterrent to interested students. Even though it is a private institution, Dartmouth College promises to provide for the needs of its undergraduate students so that bright minds can get the education they deserve regardless of their financial status. Around 62% of Dartmouth’s students receive some form of financial aid.
Interested students who feel that they need assistance in financing their college application should file an application to Dartmouth College’s financial aid office’s site. All relevant forms and deadlines can be found at the website.
Cost of education in Dartmouth College
In-state and out-of-state tuition for full-time undergraduates are the same at US$39,978. On-campus room costs US$7,077, and board costs US$4,761. Students are also billed $459 for Fees. First year students have additional Board Charges and Fees of US$338. Books and miscellaneous expenses will cost an average of Us$1,730 and US$1,381 respectively. Total cost of education is US$ 55,386 (US$55,724 for first-year students).
Government grants applicable to Dartmouth College
Certain states have grants that can be used at Dartmouth College. Residents of Connecticut, Maine, Massachusetts, New Hampshire, Pennsylvania, Rhode Island, and Vermont can use the grant given by their respective state to help finance their education. Separate state applications are required from residents of Pennsylvania and Vermont. Residents of other eligible states can apply for grants using the Free Application for Federal Student Aid (FAFSA).
The Free Application for Federal Student Aid
Federal Student Aid is a government program under the auspices of the US Department of Education that provides financial assistance to college students. This assistance comes in the form of Federal Student Aid Grants, Federal Student Aid Loans, and Federal Student Aid Work-Study Programs. FAFSA allows students to easily apply for Federal Student Aid online. The amount and kind of aid a student receives depends on a number of factors, including Expected Family Contribution (EFC, which is based on the student’s family’s income and financial situation), the cost of attendance of the school, and the student’s year in school and enrollment status.
Students who receive state grants portable to Dartmouth College will be told by Dartmouth’s Financial Aid office how much aid they have received. Around 19% of Dartmouth’s students get Federal Student Aid amounting to an average of a little more than US$5,000 each.
Students who are not residents of eligible states should not despair. There are many other options available for financial aid at Dartmouth college, including loans, work-study programs, and outside awards and scholarships.