Work Study and Other Resources
Student Employment
If your award included student employment (‘work-study’ or ‘student employment’), you will be able to work a specified number of hours on campus during the academic year. These earnings can help offset the cost of college. Your wages are not subtracted from your bill at the beginning of each semester because they are earned by you as you work the hours over the course of a semester. You may choose either to receive your earnings directly or make payments towards your bill through Self-Service.
Pay varies by position. To continue campus employment, a student must maintain satisfactory academic progress, be enrolled as a full-time student, be a good campus citizen, and perform all assigned duties in a satisfactory manner.
Tax Benefits for Education
The American Opportunity and Lifetime Learning Tax Credits can help offset the cost of tuition by reducing the amount of your income tax. Visit studentaid.ed.gov to learn more about these and other education tax benefits which can help maximize college savings or provide income tax relief for tuition and student loan interest payments.
Outside Scholarships
Outside scholarships may be used to fund any remaining financial need, as defined by the federal government’s formula. If your need is fully met, these scholarships will replace any need-based student loans or work programs. Grants and scholarships issued by Saint Michael’s College are usually not affected by outside scholarships.
Please be sure to forward any special instructions associated with these scholarships to our office, especially if the donor requires that we send them an invoice, complete special forms, or provide verification of enrollment or grade transcripts.
Your account will be credited when Saint Michael’s College receives the funds. If the outside scholarship funds are not received before the billing due date, then you will be responsible for making payment by the due date. Students with outstanding balances will be unable to register for future courses until their bill is paid. Once the outside scholarship reaches your account, any resulting credit balance will be refunded to you.
If a scholarship check is sent directly to you, please forward it to Student Financial Services for processing. If the check is issued to you and Saint Michael’s College jointly, you must endorse the back of the check before sending it to us. Please be sure to include a copy of the letter or certification that notifies you of your scholarship.
The College Board
(The College Board’s Scholarship Search homepage)
FastWEB
(FastWEB is a leading online scholarship search resource)
Scholarships for Vermonters
(Vermonters are encouraged to review scholarships administered by VSAC)
Education Savings Plan
If you or your family has a 529 or other college savings plan that will be used to pay for part or all of your bills, please request payment directly from your plan administrator at least 2 – 3 weeks before your bill is due.
Please be sure to forward any special instructions associated with the 529 plan to our office, especially if we are required to send the trust company an invoice, complete special forms, or provide verification of enrollment. Additionally, ensure that the trust company has our correct address, and be sure to follow up with them if Saint Michael’s College has not received the funds within two to three weeks of your disbursement request. Your account will be credited when Saint Michael’s College receives the funds.