Scholarships are awarded on the basis of a student's high school achievement (GPA) and SAT or ACT performance. All applicants for admission are considered automatically for academic scholarship and grant awards. Scholarship letters are included with the acceptance letter. The amounts indicated below are yearly awards.

Merit Scholarships
Transfer Scholarships
Loans

Academic Merit Scholarships

Erasmus Scholarship $14,000-16,000 for resident students / $11,000 for commuter students
The Erasmus Scholarship will be awarded to our highest achieving applicants. Recipients must maintain a 3.0 grade point average for yearly renewal. Some students who receive our Erasmus Scholarship will be asked to participate in our enriching and challenging Honors Program.

Sister Mary David Barry Scholarship $12,000-14,000 for resident students / $10,000 for commuter students Recognized for outstanding high school academic achievement and outstanding extracurricular activities, the recipients of the Sister Mary David Barry Scholarship must also maintain a 3.0 grade point average for yearly renewal.

Saint Vincent De Paul Award $10,000-12,000 for resident students / $7,500 for commuter students
Recipients are awarded for excellence in high school and are encouraged to contribute to the extracurricular life of the College. Recipients of the Saint Vincent de Paul Award must maintain a 2.75 grade point average.

Distinguished Scholarships

Corazon C. Aquino Scholarship
This is a four-year, full-tuition scholarship. We will offer two full-tuition scholarships per year to the highest ranking incoming high school students of Filipino descent. Recipients must maintain a 3.2 academic index for renewal each year. Interested students must apply to the College by February 1. Recipients will be chosen in early March.

Constantino Brumidi Distinguished Scholarship in Art
Two of these scholarships will be offered in each year to students minoring in Art. Recipients must maintain a 3.0 academic index. In addition to a scholarship award, recipients will receive a $2,500 stipend and on-campus housing for one summer (either sophomore or junior year) to complete either an original, approved creative project or an approved art-related internship. Students must be in the minor at the time of the stipend. To be considered, a student must submit a complete application and a portfolio of creative work to the College by February 15.

Sister Marguerite Caso Distinguished Scholarship in Chemistry or Biochemistry
Two of these scholarships will be offered each year. Recipients must maintain a 3.0 academic index. In addition to a scholarship award, recipients will receive a $2,500 stipend and on-campus housing for one summer (either sophomore or junior year), which is spent conducting research with a faculty member in the student’s discipline. Students must be in the chosen major at the time of the research project. To be considered, a student must submit a complete application to the College by February 15.

Fonthill Writing Award
This full-tuition scholarship is awarded to a prospective student with a serious interest in developing as a writer. A panel of professional writers judge applicant portfolios. The recipient must choose the Writing Minor program or be an active participant in the school newspaper. Find out more, here.  Interested students must submit a complete application including a portfolio by February 5. Download a Fonthill Writing Award application here.

Sister Catherine Marie O’Brien Distinguished Scholarship in Secondary Education
Two of these scholarships will be awarded each year to students pursuing both certification in secondary education and a major in a science, mathematics, or foreign language. Recipients must maintain a 3.0 academic index. In addition to a scholarship award, recipients will receive a $2,500 stipend and on-campus housing for one summer (either sophomore or junior year), which is spent conducting research with a faculty member in the students major. Students must be in the chosen major at the time of the research project. To be considered, a student must submit a complete application to the College by February 15.

Sister Virginia Unsworth Distinguished Scholarship in Social Science
Two of these scholarships will be awarded each year to students majoring in economics, history, or sociology. Recipients must maintain a 3.0 academic index. In addition to a scholarship award, recipients will receive a $2,500 stipend and on-campus housing for one summer (either sophomore or junior year), which is spent conducting research with a faculty member in the students major or in an approved internship in public or not-for-profit service. Students must be in the chosen major at the time of the stipend. To be considered, a student must submit a complete application to the College by February 15.

Transfer Scholarships

Resident Students $12,000 / Commuter students $9,000
To receive this award, a grade point average between 3.5 - 4.0 must be obtained at the previous college or university.

Resident Students $10,000 / Commuter Students $7,500
To receive this award, a grade point average between 3.0 - 3.49 must be obtained at the previous college or university.

Student Loans
The College of Mount Saint Vincent participates in the Perkins loan program and Stafford loan program for students, and the PLUS loan program for parents. Some students use private alternative loan programs.

Perkins Loan
A federal student loan offered through the College, Perkins Loans are capped at 5 percent interest.

Stafford Loan
A federal student loan, the Stafford loan has an interest of 6.8 percent annually. A student is entitled to a Stafford loan, unless that student:

• Is not eligible for federal aid
• Is enrolled less than half-time at the College for a particular term
• Has defaulted on a Stafford Loan previously
  OR
• Has exhausted his or her Stafford Loan eligibility

Annual Stafford Loan limits

Dependent students

• Freshmen: $3,500
• Sophomores: $4,500
• Juniors: $5,500
• Seniors: $5,500

Independent students (and dependent students to whom PLUS was denied)

• Freshmen: $7,500
• Sophomores: $8,500
• Juniors: $10,500
• Seniors: $10,500

PLUS Loan
The PLUS loan is a parent loan; as such, it is requires a credit check and possible denial by the lender. A variable interest rate is capped at 9 percent. The parent starts paying the loan back 60 days after the second disbursement.

The yearly limits for the PLUS and alternative loan programs are based on the cost of attendance minus other estimated aid.

Please contact Monica Simotas, director of financial aid, or give her a call at 718-405-3289 for specific information.