We work hard to make Springfield College affordable for our students, regardless of family income.

Ninety-one percent of undergraduate students at Springfield College are eligible for financial assistance. You heard that right. And we have a variety of ways to help. Financial assistance comes in many forms, including need-based grants, loans, and campus employment. For graduate students, in addition to federal loans, work-study, and scholarship opportunities, we offer a wide selection of fellowship and assistantship positions that supplement our students' experiences as well as their finances.

We understand that college costs can present financial strain to students and their families. We’re here, and happy, to help guide you through the process. At Springfield College, financial assistance is more than just setting you up with a package. It’s a collaboration where we learn more about your specific financial needs and help you and your family understand the options that are available.

We offer a variety of programs ranging from need-based financial aid to family loan programs that meet the financing concerns of a wide range of families. So let us help you get started through our need-based financial aid application process. The application for financial aid or a student’s financial status do not influence or affect admissions decisions at Springfield College.

Springfield College is widely known and respected as one of the lowest priced private colleges in all of New England with the highest quality of education and return on investment. We are very proud of our reputation!

  • $27,000 is the average financial aid package for families. This includes scholarships, grants, and loans given to you by Springfield College. (The average package is based on a combined family income of $105,500 or less. Your aid package may be more or less than this amount.)
  • 91 percent of undergraduate students at Springfield College are eligible for financial assistance.
  • 96 percent employment and graduate school placement of the 2015-16 bachelor's degree reipients—one of the highest in the nation and 12 percent higher than the national average (and higher on average than all other colleges and universities in New England). Talk about return on investment!
  • We are #27 in the rankings. Springfield College is ranked in the highest tier in the category of Best Regional Universities – North by U.S.News & World Report.
  • Five more Points of Pride
Dual education student in the classroom

Sources of assistance First-year Sources of Assistance Scholarships and Awards 2017 - 2018

First-year Student Academic/Merit Scholarships

All undergraduate students are initially considered for an academic/merit scholarship when they are evaluated for admission into Springfield College. Eligibility for academic scholarships is listed below. The scholarships are solely for tuition, for a maximum of four years, and only for undergraduate degrees.

Trustee Scholarship: $20,000 per year ($80,000 over four years)
Eligibility:
Cumulative Weighted GPA 3.2 or higher New SAT Test (CR+M) 1220 or higher; Old SAT Test (CR+M) 1150 or higher or ACT Test 25 or higher
Presidential Scholarship: $16,000 per year ($64,000 over four years)
Eligibility:
Cumulative Weighted GPA 3.0 or higher New SAT Test (CR+M) 1130 to 1210; Old SAT Test (CR+M) 1050 to 1140 or ACT Test 23 or 24
Dean Scholarship: $10,000 per year ($40,000 over four years)
Eligibility:
Cumulative Weighted GPA 2.5 or higher New SAT Test (CR+M) 1030 to 1120; Old SAT Test (CR+M) 950 to 1040 or ACT Test 20, 21, or 22
Note: Scholarship upgrades are possible if you have new test scores or an improved seventh semester cumulative weighted GPA to submit to your admissions counselor.

Transfer Student Academic/Merit Scholarships

Transfer students with more than 12 credits are eligible for a merit scholarship. Awards are determined by the cumulative (every institution attended) GPA and are as follows.

Distinguished Scholarship: $14,000 annually
Eligibility: GPA 3.5 or higher
Honors Scholarship: $11,000 annually
Eligibility: GPA 3.2-3.49
Achiever's Scholarship: $6,000 annually
Eligibility: GPA 3.0-3.19

Springfield College Grant

Awarded to students with financial need, these grants carry no repayment obligations. Eligibility is determined by the Office of Financial Aid, subject to the published policies of the College. Awards vary according to individual circumstances. The level of need and the assessment of the applicant’s academic achievement and cocurricular and community activity affect the amount of the award.

Federal Financial Aid Programs

Springfield College participates in the following federal student aid programs: work-study, parent Direct PLUS Loan, Pell Grant, Perkins Loan, Direct Stafford Loan, and Supplemental Educational Opportunity Grant. All programs are subject to federal eligibility regulations.

Student Employment

Many students who have been awarded federal work-study, finance a portion of their educational expenses thorough part-time on-campus or off-campus employment. Students are paid directly, biweekly, based on hours worked.

Each student may work a maximum of 20 hours per week. Earnings vary depending on the number of hours worked; a student who works seven hours per week for the academic year can earn about $2,000. Students not awarded federal work-study may seek employment with College departments and offices on an individually approved basis.

Aspiring Teacher Housing Award

The Aspiring Teacher Housing Award is given to a select 25 students accepted to teacher preparation programs at Springfield College. This award covers the cost of a double room in selected residence halls on campus for the four undergraduate years. Awarded students must be enrolled full time in a teacher preparation program and reside in a double room in a traditional residence hall (excludes suite style housing) to maintain the award.

Early Decision Award

$1,000 grant for students meeting the early admissions decision deadlines

Deadlines:

  • Early Decision I: Dec. 1 application (all credentials in by Jan. 1)
  • Early Decision II: Jan. 15 application (all credentials in by Feb. 1)

Legacy Award

A one-time award of $2,000 upon entry into Springfield College to any student whose brother, sister, parent, or grandparent (including step family members) received a degree from Springfield College or are currently enrolled as a degree-seeking student. (Only one award regardless of the number of family members attending or previously receiving degrees.)

Jesse L. Parks Scholarship

Full-tuition renewable scholarship per year to an academically qualified student with a demonstrated commitment to diversity and who lives in Springfield. Preference will be given to students from underrepresented or diverse groups.

William Beckett Teacher Preparation Scholarship

Full tuition and fees renewable scholarship to an academically qualified Springfield Public School student who, upon graduation, will return to the same district to teach. Preference will be given to students from underrepresented or diverse groups.

Say Yes Scholars

A limited number of full-tuition scholarships awarded to academically qualified students whose high schools are affiliated with the Say Yes to Education Program.

YMCA Career Award

Awarded to select incoming first-year students of promise who plan to make a career in the YMCA and who have exemplified participation and leadership in the YMCA through their high school years.

Other Financing Options

Springfield College offers a variety of educational financing programs to students and parents. The Office of Financial Aid will provide educational loan and payment plan information to all accepted students.

The goal of the Springfield College financial assistance program is to assist qualified students in obtaining a Springfield College education. Aid is awarded on the basis of full-time enrollment. Each student will receive detailed information on the policies governing the awarding and renewal of financial aid with the award letter. Several factors influence the amount and type of aid awarded. Financial need is the difference between the comprehensive cost of education and the calculated family contribution. The family contribution to educational expenses is determined by the Office of Financial Aid staff by using the data on the FAFSA, Springfield College Financial Aid application, and the federal tax returns. Applicants may also supply additional information relevant to their financial status. The review of the admission application influences the financial aid decision process in two major areas. Academic achievement is rated in the review of the application for admission. This review includes an evaluation of the student’s secondary school record, test scores, references and post-secondary academic records. Leadership and other personal qualitative attributes are also part of the admission application review. Participation in cocurricular and community activities along with other personal information in the admission application are also evaluated. The academic and personal ratings are used in the financial aid awarding process.