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Home » Catalog » Financial Aid |
Financial Aid | | Financial aid at Vermont Tech is based on the assumption that a student’s family will make the maximum effort to finance college expenses. Since there are many more demands on Vermont Tech’s financial aid resources than the college can possibly meet, assistance from the college has to be viewed only as supplemental to this family obligation.
All federal funds at Vermont Tech are awarded on the basis of financial need. All students who apply for financial aid by the March 1 priority deadline and who are eligible for assistance will be offered financial aid, subject to the availability of these funds. The amount of any award is determined by the amount of the student’s need as computed from information provided by the family on the Free Application for Federal Student Aid (FAFSA) www.fafsa.ed.gov. Recent federal regulations mandate that a needs analysis be completed for anyone who applies for federal financial aid. It is important to file the FAFSA as early as possible to avoid delays in processing loan applications and other forms of campus-based aid. After March 1, late applicants will be considered for aid only after all on-time applications have been processed.
In an effort to be as consistent as possible with all students in awarding aid from the college, Vermont Tech’s Office of Financial Aid requests an official signed copy of a student’s and/or family’s latest federal income tax return. Please send only copies. The financial aid office uses imaging to maintain and track documentation sent to the office and all originals are shredded accordingly.
Applicants can expect that a fair portion of an individual’s personal savings at the time of each year’s application will be applied to college expenses.
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