Financial Aid & Scholarships

What applications do I have to file to be considered for financial aid? Does Stonehill award Merit Aid? Does Stonehill award Need-Based Aid? Does Stonehill award Job Aid? Does Stonehill award Loan Aid? Is Stonehill Need-Blind in its admission decisions? What effect does applying as an Early Decision applicant have on financial aid? When is financial aid applied to my account?

Appeals

Can I appeal my financial aid award?

Cost of Attendance

What is the current Cost of Attendance (COA) at Stonehill?

CSS Profile

What is Stonehill’s code number for filing the CSS Profile? Must I file my taxes before filing the CSS Profile? Should I wait until I know I have been accepted into Stonehill before filing the CSS Profile?

Deadlines

What is the deadline for applying for financial aid?

Eligibility

What do I have to do to maintain my eligibility for financial aid?

FAFSA

What is Stonehill’s code number for filing the FAFSA? Must I file my taxes before filing the FAFSA? Should I wait until I know I have been accepted into Stonehill before filing the FAFSA?

Loans

When do I repay my student loans? Where can I find out how much I have to repay on my student loans?

Notification

When will I receive notification of my financial aid award?

Private Scholarships

If I receive a private scholarship, will my financial aid change?

Study Abroad

Will Study Abroad affect my financial aid award?

Work Study

How can I apply for a job?

Taxes

Is financial aid taxable? Are there tax benefits for higher education expenses?

Billing

What are the base charges for this year (2014-2015)? When are my tuition bills due? Where is my tuition bill mailed? How do I pay my bill? I have a credit balance on my account. How do I get a check? When is financial aid applied to my tuition account?

Discounts

Does Stonehill offer a tuition discount if more than one family member is attending at the same time?

Health Insurance

Why have I been charged for the College’s health insurance when I have my own?

Hill Card

How do I add money to my Hill Card?

Meal Plans

How do I change meal plans?

Parking Decals

How do I get a parking decal?

Payment Plans

Does Stonehill offer a Tuition Payment Plan?

Prepaid Tuition

Does Stonehill offer a Prepaid Tuition Plan?

Study Abroad

Are there additional costs associated with Study Abroad?

Financial Aid & Scholarships

What applications do I have to file to be considered for financial aid?

Stonehill requires the CSS Profile to be filed for consideration of most Stonehill gift aid, including but not limited to need based aid. Although it is not required for merit aid, it is highly recommended. The FAFSA is also required for state and federal financial aid, including but not limited to Pell grant, student loans, and work study.

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Does Stonehill award Merit Aid?

Yes. Merit Aid is awarded to students with exemplary academic performance in high school, whether or not that student has demonstrated financial need through FAFSA and CSS Profile filings.

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Does Stonehill award Need-Based Aid?

Yes. Need-Based Aid is awarded to students based on demonstrated financial need through FAFSA and CSS Profile filings.

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Does Stonehill award Job Aid?

Yes. We offer two different Job Aid programs: Federal Work Study and our own Student Employment Program.

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Does Stonehill award Loan Aid?

No. We only award Direct Loan eligibility. The amount of a federal student loan depends on the number of credits you have completed. Private loans come with private terms and conditions. Please refer to our Loans page for more information.

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Is Stonehill Need-Blind in its admission decisions?

While we adhere to a need-blind admission policy for most of its admission decisions, budgetary constraints sometimes result in need-sensitive admission decisions for a small segment of the applicant population.

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What effect does applying as an Early Decision applicant have on financial aid?

Students who apply for Early Decision admission are not treated differently in the awarding of financial aid than those who apply for admission through the regular decision process. There is no advantage or disadvantage in the financial aid process.

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When is financial aid applied to my account?

Typically, half of each institutional and government award is credited to your account in each semester. The entire amount cannot be credited to one semester unless otherwise noted.

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Appeals

Can I appeal my financial aid award?

Appeals for need-based aid are encouraged – especially if there has been a change in your family’s status or income since you filed your financial aid application(s). You may request to be considered for additional funding by writing to Eileen O’Leary, Asst. Vice President, Student Financial Services, Stonehill College, 320 Washington Street, Easton, MA 02357. If the appeal is based on a reduction in income, the Special Conditions Form should be submitted instead. Signed copies of parent and student 2013 federal tax returns and W2’s should be included with any appeal, if not previously provided to the College. Appeals from entering students must be received no later than April 8 to be assured a response before the commitment deadline. The appeals committee will review appeals and mail/email responses no later than April 22. The commitment deadline cannot be extended.

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Cost of Attendance

What is the current Cost of Attendance (COA) at Stonehill?

The Cost of Attendance includes billed costs for tuition and Room and Board (if a resident student), as well as student loan fees, and estimated out of pocket expenses for books, living expenses (if commuting), personal miscellaneous expenses, and estimated transportation expenses. The Cost of Attendance for the 2014-2015 academic year is: Resident Student= $54,216, Commuter not living with parent= $47,964, Commuter living with parents= $42,144

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CSS Profile

What is Stonehill’s code number for filing the CSS Profile?

Stonehill’s code number for filing the CSS Profile is 3770.

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Must I file my taxes before filing the CSS Profile?

No! Because of early filing deadlines, it is often impossible for families to have completed their federal tax returns before completing the CSS Profile. It is better to use estimated financial information than to miss the filing deadline.

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Should I wait until I know I have been accepted into Stonehill before filing the CSS Profile?

No, do not wait. Typically the priority filing deadlines are earlier than the date that acceptances are mailed.

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Deadlines

What is the deadline for applying for financial aid?

Your deadline for applying for financial aid depends on your application type. Please refer to our Important Dates & Deadlines page.

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Eligibility

What do I have to do to maintain my eligibility for financial aid?

In order to receive or continue to receive financial aid funded by the government and/or Stonehill College (including student or parent education loans, grants, scholarships and jobs), a student must maintain eligibility as defined below:

- Academic Progress
A student must pass a specific number of the credits he/she attempts each academic year to maintain eligibility for financial aid. Please see our Standards of Academic Progress for Financial Aid Recipients.

- Community Standards
Student conduct that warrants separation/dismissal as a result of violation of community standards may result in forfeiture of eligibility for Stonehill merit scholarships if readmitted. Please see our Community Standards.

- Drug Laws
A student convicted of possession or sale of illegal drugs loses eligibility for financial aid for a period of time specified in law. The period of ineligibility depends on whether the conviction was for possession or sale of (including conspiring to sell) illegal drugs. Please see the Notice of Federal Student Financial Aid Penalties for Drug Law Violations.

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FAFSA

What is Stonehill’s code number for filing the FAFSA?

Stonehill’s code number for filing the FAFSA is 002217.

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Must I file my taxes before filing the FAFSA?

No! Because of early filing deadlines, it is often impossible for families to have completed their federal tax returns before completing the FAFSA. It is better to use estimated financial information than to miss the filing deadline. After you file your taxes for the year you may go online and submit corrections based on your updated figures.

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Should I wait until I know I have been accepted into Stonehill before filing the FAFSA?

No, do not wait. Typically the priority filing deadlines are earlier than the date that acceptances are mailed.

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Loans

When do I repay my student loans?

Federal loans have a six month grace period which begins when you graduate, leave school, or drop to less than half-time enrollment. Payment on these loans begin the day after your grace period ends.

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Where can I find out how much I have to repay on my student loans?

You can view a listing of the federal loans you have received for each academic period, and their interest rates on the National Student Loan Data System (NSLDS) website.

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Notification

When will I receive notification of my financial aid award?

When you receive your notification of your financial aid award depends on your application type. Please refer to our Important Dates & Deadlines page.

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Private Scholarships

If I receive a private scholarship, will my financial aid change?

If required by federal regulations to adjust an aid package, the College will eliminate or reduced 1) SEOG then Perkins/ NIL Loans, 2) Federal Work-Study, 3) Federal Direct Student Loans, in that order. Stonehill gift aid will not be reduced unless the total of all gift aid exceeds federal need or billed costs.

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Study Abroad

Will Study Abroad affect my financial aid award?

Yes and no. As a general rule, financial aid awards are applicable to study abroad programs approved by and administered through the College. However, Tuition Exchange Scholarships are only partially transferable to study abroad, full-time internships or for programs at other venues.

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Work Study

How can I apply for a job?

You must have either a Federal Work Study Award or Stonehill Employment Award and employment paperwork also must be completed and submitted to Student Financial Services. The required paperwork is as followed: W-4, M-4, I-9 (with supporting documentation presented to our office), and direct deposit form. You then apply for jobs at www.jobs.stonehill.edu. Employment should not begin until you have received an official hire approval from Student Financial Services through email.

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Taxes

Is financial aid taxable?

As a result of the Tax Reform Act of 1986, aggregate scholarship and grant assistance that exceeds tuition and required fees for course instruction or academic enrollment must be included in taxable income. Students are responsible for determining whether any scholarship, in whole or in part, should be reported as taxable income. Gift aid in excess of the costs of tuition and fees in a calendar year is taxable. Wages earned through the Federal Work-Study and Student Employment Programs are taxable. Student employees will receive a W-2 Wage and Income Statement from the College during January for the previous tax year. You are encouraged to contact the Internal Revenue Service or a tax preparer for further information or assistance.

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Are there tax benefits for higher education expenses?

Congress has provided opportunities for families to gain tax savings through various education tax credits, penalty-free withdrawal from an IRA, and/or the student loan interest deduction. You are encouraged to contact the Internal Revenue Service or a tax preparer for further information or assistance. Please see our Tax Benefits for Education page.

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Billing

What are the base charges for this year (2014-2015)?

Tuition and Fees: $ 37,426
Room and Board (with Meal Plan C): $ 14,290

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When are my tuition bills due?

Bills for the fall semester are due August 15. Bills for the spring semester are due January 3.

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Where is my tuition bill mailed?

Bills for the fall semester are available online in mid-July, and bills for the spring semester are available online in early December. Bills are generated in the student's name. Students and their assigned authorized users receive e-mails when bills are available online. Updated statements for all students are posted monthly. 

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How do I pay my bill?

Please refer to our Payment Options page.

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I have a credit balance on my account. How do I get a check?

Requests should be made to Student Financial Services. Once all funds from financial aid sources have been received, a check will be mailed to your home address.

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When is financial aid applied to my tuition account?

Typically half of each institutional and government award is credited to your account in each semester. The entire amount cannot be credited to one semester unless otherwise noted.

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Discounts

Does Stonehill offer a tuition discount if more than one family member is attending at the same time?

Yes. Provided that family members are dependent members of a single household, full-time students, are matriculating at the same time, and are not receiving any other funding from the College. The total family reduction will be divided and applied equally to each family member. The following family tuition schedule will apply: first student: pays full tuition; second student: pays 75% of full tuition; third and subsequent student(s): pays 50% of full tuition.

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Health Insurance

Why have I been charged for the College’s health insurance when I have my own?

State law requires that students taking nine or more credits in a semester carry health insurance and annually provide proof of such insurance to the College. Therefore, you have been charged a health insurance premium for the academic year and must complete and online waiver or acceptance of the insurance at www.gallagherstudent.com/stonehill .The insurance premium on your bill will be canceled ONLY if we receive electronic confirmation from Gallagher Student that the process is completed. The standard late fee is charged against the assessed insurance premium if the waiver process is not completed by the payment due date, regardless of whether or not the insurance is waived.

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Hill Card

How do I add money to my Hill Card?

Funds can be added to the Hill Card in several ways. Students can bring cash or checks to the Student Accounts Office in the Duffy Academic Center, Room 103. Checks can be mailed to the College Cashier, indicating the student name, ID number and that funds are to be added to the Hill Card. Funds can be added online using a credit card at the following link.

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Meal Plans

How do I change meal plans?

Meal plan adjustments must be made online at myHill, myServices, Maintain Meal Plan. The meal plan enrollment/adjustment period for the fall semester ends on October 1. For the spring semester, the enrollment/adjustment period ends February 15.

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Parking Decals

How do I get a parking decal?

All seniors, juniors, and sophomores, and first year commuters are eligible to have a car on campus. All students with cars on campus must register their cars and purchase parking decals each year. You must register your car on myHill/myCampus/myParking. Residents are charged $110 for the year, and commuters are charged $50 for the year. The charge for the decal will be assessed to your student tuition account.

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Payment Plans

Does Stonehill offer a Tuition Payment Plan?

The College offers both a 4 and 5 month payment plan each semester for a nominal fee. Please refer to our Additional Financing Options page.

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Prepaid Tuition

Does Stonehill offer a Prepaid Tuition Plan?

Yes. Please refer to our Additional Financing Options page.

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Study Abroad

Are there additional costs associated with Study Abroad?

An abroad fee of $750 will be charged to students who choose to study away through a non-Stonehill affiliated program. The abroad fee is waived for students who study abroad during the fall semester only. Since you will remain a Stonehill student while abroad, your other charges will equal those assessed for any Stonehill student. You will receive a bill from Stonehill, including your financial aid, and you must pay the balance due to Stonehill as you normally would.

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