Scholarships and Grants

Elms College offers private scholarships, grants, and discounts to students based on financial need, as well as academic achievement. There are also many federal, state, and private grants available to students. The list on this webpage includes some of the better known resources offered publicly and directly through Elms College, however there are many others scholarship programs available to students to reduce their costs of attendance such as Outside Scholarships.

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Merit-Based Scholarships

For Incoming First-Year Students

The following list is a list of merit-based awards offered by Elms College through the Office of Admission for incoming first year, full-time students.  Upon acceptance to the college students will be notified about their eligibility for the award. Students are only eligible for one of the following merit-based awards through the Office of Admission.  Eligibility for any of the following merit-based awards is contingent on maintaining continuous full-time student status at Elms College and requires that the student maintain a 2.8 minimum GPA.  The scholarship amount is also dependent on the student’s residency status at the college.    Merit awards will not change as the student progresses to their second, third or fourth year at Elms unless they change their residency status.

Merit Scholarships for Incoming Freshmen

Name of Merit Award

Residential Students

Commuter Students

Presidential Scholarship

$17,000

$15,000

Distinguished Scholarship

$15,000

$13,000

Elms Scholarship

$13,000

$11,000

Opportunity Grant

$11,000

$9,000

For Incoming Transfer Students

The following list is a list of merit-based awards offered by Elms College through the Office of Admission for incoming transfer students.  Upon acceptance to the college students will be notified about their eligibility for the award. Students are only eligible for one of the following merit-based awards through the Office of Admission.  Eligibility for any of the following merit-based awards is contingent on maintaining continuous full-time student status at Elms College and requires that the student maintain a 2.8 minimum GPA.  Merit awards will not change as the student progress to their second, third or fourth year at Elms.

Merit Scholarships for Incoming Transfers

Name of Merit Award

Amount

Transfer Presidential Scholarship

$12,000

Elms Transfer Scholarship

$10,000

Transfer Opportunity Scholarship

$8,000

Phi Theta Kappa

$2,000

For Accelerate Nursing Students

Offered to applicants admitted to our Accelerated Nursing Degree Program with outstanding academic records the award can range from $6,000 to $10,000 per academic year.  The Elms Accelerated Nursing Scholarship is automatically renewed for the length of the Accelerated Nursing Degree Program and requires that the student maintain continuous full-time student status at Elms College and a 2.8 minimum GPA.

Need-Based Grants

Institutional Need-Based Grants

ELMS GRANT

The Elms Grant is a need-based grant offered by Elms College directly.  A student’s eligibility for the grant is determined through a review of their FAFSA and financial aid application materials. Students may receive this grant for up to four years and amounts are re-determined every academic year based on their latest financial aid application. Elms College strives to maintain a similar grant amount each academic year if a student’s financial circumstances have not change significantly. Also, students must maintain Satisfactory Academic Progress, or SAP, to be eligible for grant funding.   For information regarding SAP please review the Student Handbook.

Federal and State Grants

FEDERAL PELL GRANT (PELL)

Undergraduate students who complete the 2014-2015FAFSA and have an expected family contribution (EFC) less than or equal to $5,157 are eligible to receive this federal grant. Federal Pell Grants range from $602 to $5,730 per year and are awarded to students who have not earned a baccalaureate degree. Students who attend less than full-time will receive a lesser amount.  Students are limited to receiving 600% of their annual full-time Pell Grant eligibility where a student attending one full academic year with full-time student status would receive 100% of their Pell Grant eligibility.

FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT (SEOG)

The federal SEOG is restricted to undergraduate students who have not earned a baccalaureate degree and demonstrate significant financial need as determined by the FAFSA. Preference is given to Federal Pell Grant recipients. Due to limited funding not all students will receive the SEOG even if they are eligible.  Eligibility will be re-determined each academic year.

State Grants

MASSACHUSETTS GRANT (MASS GRANT)

The Massachusetts Office of Student Financial Assistance (OSFA) determines eligibility. You must be enrolled full time (12 credits or more), be a resident of Massachusetts for one year prior to start of the academic year (if you are a dependent student, your parent also must be residents of Massachusetts for one year prior to the academic year), and have an eligible EFC. 

MASSACHUSETTS GILBERT MATCHING GRANT

The Gilbert Grant is awarded to full-time students who meet the Massachusetts residency requirements and demonstrate exceptional need. Funds are limited.

OTHER STATE GRANTS

Most New England states have reciprocal agreements for state grants. Students from Connecticut, Rhode Island, and Vermont,  may use their state grants at Elms College. Each state has their own eligibility requirements, but most require the FAFSA form be completed by the state deadline. Please review your state's eligibility criteria.

Discounts

SIBLING DISCOUNT

If a family enrolls more than one dependent undergraduate student full-time at Elms College in any given year, each student will receive a discount equal to $1,000 per year, per full-time dependent undergraduate concurrently enrolled on the main campus.  Please contact the Financial Aid Office if you are eligible.

Tuition Exchange Programs

Elms College participates in several different tuition exchange programs, including the Tuition Exchange Program, Inc (TEP), the Council for Independent Colleges - Tuition Exchange Program (CIC-TEP) and the Catholic College Cooperative Tuition Exchange (CCCTE).  Students eligible for these programs are dependents of an employee who works at an institution that also participates in the programs. Students will receive a full-tuition scholarship per year, for a maximum of four years. Students must remain in good academic standing to be eligible for the benefit. Students receiving full-tuition scholarships will not receive any other institutional financial aid, but can receive other need-based financial aid from federal, state, and private resources.

Outside Scholarships

Students are encouraged to apply for outside scholarships through reputable scholarship search engines.  Outside scholarships can reduce educational borrowing, or reduce a student’s remaining cost of attendance.  All outside scholarship search websites listed below are provided as a courtesy, and do not imply an endorsement by Elms College.

Please use caution when applying for outside scholarships to avoid possible scams.  See Finaid.org’s Scholarship Scams – If you have to pay money to get money, it’s probably a scam.