Federal Programs
The student's eligibility for all federal programs will be assessed as
part of the packaging and awarding procedure. For more detailed information
about federal student aid programs, go to the Student Guide on the FAFSA website.
Pell Grant
The Pell Grant program is designed to help families with limited
resources pay college costs. In 2007-2008, awards range from $400 to
$4,310 per year. Pell Grant eligibility is limited to the first bachelor
degree program.
Academic Competitiveness Grant (ACG)
This is a new federal grant program for first and second year college students.
The students must be Pell eligible, US Citizens and have graduated from a rigorous secondary school program.
The Office of Financial Aid will review all students who are potentially eligible.
National Science and Mathematics Access to Retain Talent Grant (National SMART Grant)
This is a new federal grant program for third and fourth year college students.
The students must be Pell eligible, US Citizens and majoring in an eligible major.
The Office of Financial Aid will review all students who are potentially eligible.
Federal Supplemental Educational Opportunity Grant (SEOG)
The SEOG is a grant program funded by the federal government and
Bard College and administered by the College. Recipients are those with
exceptional financial need. The College identifies applicants in this
situation as Pell Grant recipients or applicants with a low EFC.
Awards can range from $100 to $4,000 per year, but due to limited funding,
the typical award ranges between $1000 and $1500. Continuing students can
expect to have the SEOG award renewed provided there is no substantial change
in the family’s financial circumstances.
As is the case with the Pell Grant, eligibility for the SEOG is limited to
the first bachelor degree program.
Federal Work-Study Program (FWS)
The federal government and Bard College fund FWS. It is intended
to provide meaningful employment to a student on or off campus, thus
providing the student a regular paycheck to help meet educational
expenses.
Jobs are not assigned to students. The Financial Aid Office maintains a current
listing of available jobs on campus.
Eligibility is determined by financial need. The typical FWS allocation is
$1,650 per year. This amount provides the student the opportunity to work
8 hours per week at the minimum wage.
Federal Perkins Loan
The Federal Perkins Loan Program is funded by the federal government
and Bard College and is administered by Bard College. Recipients are identified
as those with exceptional financial need. Because there is limited funding
in this program, this loan is the last component in the student’s
financial aid package. Further, a first-year student has a much lower maximum
eligibility for a Stafford Loan than do students who have completed their
first year, the majority of these loan funds are awarded to the entering
first-year class. The average loan is $1,500 due to limited funds in this
program.
Federal Stafford Loan
The federal government in cooperation with state agencies sponsors
a loan program that enables students to borrow money directly from a savings
and loan association, credit union, bank, or other participating lender.
Students can qualify for a subsidized Federal Stafford Loan based on financial
need. Students can qualify for an unsubsidized Federal Stafford Loan regardless
of need. Unsubsidized means that the student (rather than the federal government,
as in the case of the subsidized loan) is responsible for paying the interest
while the student is in school. As of the 2007-2008 academic year, a student my borrow up to $3500 as a first
year student, $4500 as a second year student, and $5500 as a third and
fourth year student.
An independent undergraduate student can borrow a supplemental amount as
an unsubsidized loan in addition to the amount of his or her basic Federal
Stafford Loan as described above. First- and second-year independent undergraduates
may borrow up to $4,000 per year. After two years of study an independent
student may borrow up to $5,000 per year.
Federal Parent Loan for Undergraduate Students (PLUS)
PLUS loans are for parents who want to borrow to help pay for their
children’s education. Like Stafford Loans, this loan is made by a
lender such as a bank, credit union, or savings and loan association. PLUS
enables parents with good credit histories to borrow up to the cost of
education minus any financial aid per year for each child who is enrolled
at least half-time and is a dependent student.
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State
Programs
New York Tuition Assistance Program (TAP)
The TAP provides grant assistance to New York State residents
attending a New York State school on a full-time basis. Awards are computed
by the New York State Higher Education Services Corporation (NYSHESC)
based on the New York State net taxable income and the number of full-time
college students in the family. In 2007-2008 the range of awards was
$500 to $5,000. For more detailed information visit the HESC
website.
Higher Education Opportunity Program (HEOP)
Higher Education Opportunity
Program (HEOP) is funded by New York State and Bard. The program
allows Bard to accept a limited number of first-year students from historically
economically disadvantaged groups. One objective of the program is to
assist students who, by reason of inadequate early educational preparation,
do not compete with the average Bard applicant in high school grades,
class rank, and College Board scores, but who do possess the ability
and motivation for successful study at Bard. Students considered for
this program must be residents of New York State.
The HEOP Office at Bard determines the eligibility of the applicant and notifies
the Financial Aid Office of its decision. The Financial Aid Office offers
a financial aid package (grant, loan, and workstudy) that usually meets the
full financial need of the student.
Prospective HEOP students must file the FAFSA and the PROFILE. Continuing
HEOP students are not required to file the PROFILE.
When the College develops a financial aid package model for HEOP students,
all funding sources are considered. The HEOP student is expected to be eligible
for the maximum amount in each program, including the Federal Stafford Loan
program. With this expectation the student’s full need will be met.
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Bard College
Programs
All Bard College scholarships and grants are
awarded for study at the College’s campus in Annandale-on-Hudson,
New York. They cannot be applied toward payment of tuition and fees
for programs at other institutions in the United States or abroad.
These awards are for four continuous years of study, assuming all requirements
are met.
Bard Scholarships
Nonrepayable grants are awarded to full-time students enrolled
in the regular undergraduate program on the basis of financial need and
academic achievement and promise. Scholarships range from $2,500 to $24,000
annually for full-time enrollment. Bard scholarships are funded by various
philanthropic sources. Subject to the wishes of the benefactors, a recipient
may be advised of the source of his or her scholarship. Named scholarships
are listed in the Bard College Catalogue.
Excellence and Equal Cost (EEC) Scholarship
A public high school senior whose cumulative grade point average
is among the top ten in his or her graduating class is eligible to be considered
for a four-year EEC Scholarship. The EEC program is designed to assist
students who would not otherwise be able to attend a private college
or university because of its cost. The first-year students who are selected
annually to receive EEC Scholarships attend Bard for what it would cost
them to attend an appropriate four-year public college or university
in their home state. Renewal of the EEC Scholarship is contingent on
the student’s maintaining a B+(3.3 grade average and accumulating at
least 28 credits per year. Additional information about the EEC Scholarship
includes the following.
- If an EEC student is a Peer Counselor, the
figures used in computing the EEC award will be tuition, fees, and
board.
- If a student moves off campus or is not charged
some of the standard items, the EEC scholarship is computed by using
the corresponding billing items of the state university, that is,
tuition and mandated fees.
Distinguished Scientist Scholarship (DSS)
Each year full-tuition, four-year scholarships are available
for academically outstanding high school seniors who are committed to
majoring in biology, chemistry, physics, or mathematics as an undergraduate.
Additional financial aid to cover remaining costs, such as room and board,
may be applied for and will be awarded on the basis of need. Additional
assistance will take the form of a loan or campus employment. Scholarship
recipients are also eligible for a $1,500 stipend for summer research
projects following their sophomore and junior years.
A student receiving a Distinguished Scientist Scholarship must major in the
Division of Natural Science and Mathematics, maintain a 3.3 grade average,
and earn at least 28 credits per year.
If a student receives external grant or scholarship assistance that is applicable
to tuition, for example, a TAP award, the maximum amount of the DSS and the
external award will not exceed the full-time tuition charge.
Returning Students
Returning students may be considered for a DSS that will supplement the scholarship
aid that they already receive. These scholarships are typically $5000 per year. To be
considered for this program please contact the Division of Science, Mathematics and
Computing. Applications for this program will be considered directly by the Division.
The names of the applicants selected will be forwarded to the Office of Financial Aid
for the scholarship award to be made.
Click here to download the DSS application for new students.
Levy Economics Scholarship
Each year several full-tuition, four-year scholarships are available
to academically outstanding high school seniors committed to majoring
in economics during their undergraduate studies. Additional financial
aid to assist in covering remaining costs, such as room and board, may
be applied for and will be awarded on the basis of need. Additional assistance
will take the form of a loan or campus employment.
A student receiving a Levy Economics Scholarship must major in economics,
maintain a B+(3.3) grade average, and earn at least 28 credits per year.
If a student receives external grant or scholarship assistance that is applicable
to tuition, for example, a TAP award, the maximum amount of the Levy Economics
Scholarship and the external award will not exceed the full-time tuition
charge.
New Generation Scholarships
In order to make a liberal arts education available to recent immigrants,
Bard College offers full-need scholarships to students who demonstrate intellectual
curiosity and a commitment to academic excellence and whose parents were
both born abroad and came to the United States within the past twenty years.
Private Sources
Other places to look for scholarship funds include the high school
guidance office, scholarship searches (if reasonably priced), scholarship
handbooks, and parents’ places of employment or affiliations.
Although Bard requires students who receive outside scholarships to inform
the Financial Aid Office of any awards that are received, the College encourages
students to pursue outside scholarship sources; thus the Financial Aid Office
does not routinely reduce Bard scholarship awards by the amount received
through outside scholarships. Any such adjustments are made systematically
and equitably.
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