Curry College awards a portion of its institutional funds and all federal and state assistance based on financial need as demonstrated by the analysis of student and parents, if applicable, financial resources indicated on the Free Application for Federal Student Aid (FAFSA) and the federal tax data of the family. These funds are known as need-based financial aid. Additionally, the College awards a number of institutional merit based awards which do not require the filing of the FAFSA.
A need-based aid philosophy assumes the student and parents are primarily responsible for the cost of an education to the extent of their ability and financial aid is used to supplement the efforts of the family. The College uses Federal Methodology, (FM) which is the formula used by the federal government to determine your Expected Family Contribution (EFC). Federal Methodology evaluates your income and assets, provides non-discretionary allowances against both resources and determines how much your family can contribute. The EFC is then subtracted from your cost of attendance to calculate your financial need. Your financial need is used to determine the amount and type of aid - such as grants, work study, or loans - that you are eligible to receive, dependent on funding levels and the terms and the specific eligibility requirements of each fund.
To receive need-based federal, state or institutional financial aid, the student must meet certain requirements. You must:
- Be a U.S. citizen or eligible noncitizen.
- Have a valid Social Security Number (unless you're from the Republic of the Marshall Islands, the Federated States of Micronesia, or the Republic of Palau).
- Be registered with Selective Service if you are male and 18 to 25 years of age (go to www.sss.gov for more information).
- Have a high school diploma or a General Education Development (GED) Certificate or pass an exam approved by the U.S. Department of Education.
- Be enrolled or accepted for enrollment as a regular student working toward a degree or certificate in an eligible program.
- Not have a drug conviction for an offense that occurred while you were receiving federal student aid (such as grants, loans, or work-study).
- You must not owe a refund on a federal grant or be in default on a federal student loan.
- You must demonstrate financial need (except for Federal Direct Unsubsidized Stafford Loans).
- You must be making Satisfactory Academic Progress.
Financial aid comes in three forms: scholarships and grants (gift aid), loans, and student employment. Curry College provides students with millions of dollars in financial aid each year. The College uses its own endowment funds; gifts from friends, foundations and corporations, alumni, parents, and other donors to be able to provide this funding to our students. Curry also receives substantial funding from the various state and federal financial aid programs.
We believe in the potential of every Curry College student and realize that financing a student's education can be challenging for a family. The College is committed to providing students and families with tools to assist in the education financing process.
Outside Aid/Private Scholarships is any financial aid offered by a private agency or entity. For example: Rotary Club, Walmart, etc. Any student who receives funds from a source not listed on their Curry College Financial Aid Award Letter prior to or during the academic year, is required to notify the Office of Student Financial Services in writing of the receipt of such funds. Outside Scholarships are used to reduce institutional unmet need, if any. If the student has no unmet need, the College will reduce Federal Work Study and/or Federal Perkins Loan, or Massachusetts No Interest Loan funds before reducing institutional grant funds.
For additional information on federal financial aid programs, please visit the U.S. Department of Education Student Guide.
For additional information on financial aid programs at Curry College, please refer to the 2018-2019 Financial Aid Award Guide. To receive a paper copy of this document, please contact the Office of Student Financial Services at 617-333-2354 or by email at fin-aid@curry.edu.
For general information about financial aid policies and a student's Rights and Responsibilities, view the Curry College Course Catalog.