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Personal Practical Prepared

Mitchell College is deeply committed to helping students afford their education. Each year the College awards millions of dollars in financial aid to eligible students. These students receive aid in the form of scholarships, grants, work-study, and loans to make their educational dreams a reality.

 

Merit Aid

All first-time students to Mitchell College are reviewed for merit aid. There is no separate application process.  If you are awarded merit aid, the notification letter will be sent about two weeks after your acceptance letter arrives.  Merit aid is based on academic performance and/or community service involvement.  Use the Net Price Calculator to estimate the merit aid you might qualify for.

Need-Based Aid

Students who are interested in obtaining need based aid, either from federal and state resources or Mitchell College’s own funds must complete the Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov.  Many types of financial aid are awarded on a first-come/first-serve basis. Some types of aid are limited in funding, so apply as soon as possible after January 1st.  It is not necessary to have completed your taxes to prepare the FAFSA.  You can check “will file” on the FAFSA form and update the information once your taxes are completed.  It is important to be as accurate as possible since your final award will be based on your actual tax information. 

Application

You must apply by April 1st for priority consideration for the fall semester and November 1st for priority consideration for the spring semester. Because admissions decisions are made on a rolling basis, aid is offered until funds are exhausted after these dates.

If you enter Mitchell College’s school code – 001393 - on the FAFSA form, your FAFSA data will be sent to the College by the FAFSA processor.  This is the fastest way to get the information to us.  Accepted students can anticipate their need based awards approximately three to four weeks after the FAFSA information is sent to the College but not before the end of February.  See “How to Apply” for more information.

 

Other Resources

Should there be outstanding need once financial aid is awarded, you have several options.  First, parents can apply for a Parent PLUS loan (this requires completion of the FAFSA form).  Second, Mitchell College offers a payment plan to spread out payments.  Finally, there are alternative loan sources.  See “Payment Plans” and “Types of Financial Aid” for more information. 

Financial Aid Workshops

College Goal Sunday is a non-profit organization that hosts free FAFSA workshops around the country. If you would like to get volunteer help filling out the FAFSA, search for a session near you. These are typically held in late January or early February.

FAFSA Video Tutorial

Watch this video to learn how to fill out your FAFSA form.

Tuition Exchange & Council of Independent Colleges

Mitchell College is a member of both The Council of Independent Colleges Tuition Exchange Program and the Tuition Exchange, Inc. programs.  If a student’s parent is employed by a College or University that is also a member, the student may be eligible to receive tuition reimbursement.  Contact the Office of Human Resources at the College or University where the parent is employed for further details.

Veteran Benefits

Mitchell College accepts educational benefits offered by the Veterans Administration and participating military tuition assistance programs. For more information on veteran programs please see the Veterans' Admission Center.

SAGE Scholars Tuition Rewards Program

Mitchell College is a member of the SAGE Scholars Tuition Rewards™ program. By being part of SAGE, Mitchell College encourages families to save and plan for the cost of education.  For doing so, we reward you by promising to give any child sponsored in SAGE a scholarship at least equal to the size of their Tuition Reward. To be eligible families must submit their Tuition Reward to us at the time of application.

SAGE stands for "Savings And Growth for Education" and members receive a normal return on their investments - dividends, interest and growth - AND an additional 5% "rebate" in reduced tuition. Students may receive Tuition Rewards from multiple "sponsors,” such as parents, grandparents, aunts and uncles. To learn more about the SAGE Tuition Rewards Program visit their website at http://www.sagescholars.com/

Please remember…

  • The Financial Aid Award Letter must be signed and returned before the College can process any loans.
  • Loan amounts will continue to be invoiced to the student’s account until the completed Master Promissory Note has been returned to the appropriate agency.
  • A student who received Stafford Loan funds and is leaving the college is required by federal law to complete exit loan counseling regarding the rights and responsibilities of his or her loan. Transcripts will not be issued without this documentation in the student’s file.