Whether you are going to college for the first time or you are a soon-to-be graduate of Washington College, the financial aid staff is here to assist you every step of the way. The policies and principles of financial aid are based on the belief that all eligible students, regardless of their race, sex or economic status, should have the opportunity to experience a college education.
Investing in your Education
Washington College offers several types of financial aid, from a variety of sources, to help qualified full-time undergraduate students meet their college expenses. To maximize available financial aid resources, and to be considered for all types of aid (Federal, State, and college sponsored), complete a Free Application for Federal Student Aid (FAFSA) soon as possible after October 1.
Applicants and returning students should plan to file a FAFSA for each academic year. The FAFSA code for Washington College is #002108. Students/parents filing a FAFSA for the 2020-2021 academic year are required to report 2018 income and tax information on the FAFSA. The purpose of need-based aid is to reduce the difference between the student’s estimated contribution and the actual cost of attendance.
Cost of Attendance, 2020-2021
The cost of attendance (COA) is made up of both direct and indirect costs. Direct costs include those billed by the college such as tuition and fees, room and board. Indirect costs are not billed by the college but are additional costs that may be incurred for which additional financial aid may be acquired. These include off campus room and meals, books, transportation and personal.
|Costs||On Campus||Off Campus||Living With Parent|
|Full-Time Tuition and Student Fees||$49,693||$49,693||$49,693|
|Standard Meal Plan||$6,673||$2,250||$763|
|Transportation, other costs||$2,462||$3,326||$3,326|
*Fees for new students are an additional $75
Washington College offers several types of financial aid to help qualified full-time undergraduate students meet their college expenses. College-sponsored tuition scholarships, tuition grants, work/study, and low-interest loans are available to full-time undergraduate students who demonstrate financial need and who meet the College’s admission criteria. In addition to College-sponsored financial aid, eligible students can receive assistance from federal, state, and independent aid programs.
Grant and scholarship assistance from all sources is first applied to full-time tuition charges. Grant and scholarship assistance in excess of tuition is then applied to direct college charges for fees and on campus room and board.
To qualify for need-based aid, students must complete the FAFSA each year. Students could qualify for federal and state need-based aid as well as Washington College need-based aid. Award amounts are dependent upon the Estimated Family Contribution and can differ each year.
For students who show exceptional academic promise, These four year tuition applicable scholarships range in amount from $18,000 to $30,000. Students who qualify for merit-based tuition scholarships are notified of their award at the time of admission to the college.
Students may also receive scholarships from private donors or organizations, including corporations, nonprofit organizations, civic and professional associations, sports teams, and foundations.
High school guidance counselors may provide students with additional information on private scholarship opportunities available throughout the year.
Free Application for Federal Student Aid
Washington College uses the Free Application for Federal Student Aid (FAFSA) to determine expected family contribution to annual tuition.
Applicants for the 2020-2021 academic year should file the FAFSA starting October 1, 2019. The FAFSA code for Washington College is #002108. For the 2020-2021 FAFSA, students/parents will be required to report 2018 income and tax information. Families with questions about estimating tax data are encouraged to call the Office of Student Financial Aid.
In order to sign your FAFSA electronically, one parent and each student filing will need to apply for an FSA ID. New students/parents will be notified of financial aid decisions on a rolling basis beginning in January. Upper class award notices are sent to returning students in June after the completion of spring semester courses.
You can find additional forms and resources here.
Financial Aid Counseling
We know every family’s prospect of paying for college tuition is influenced by varying levels of financial resources, and that family circumstances can change from year to year. The staff in our Office of Student Financial Aid strive to accommodate various economic situations, and will help create a manageable financial aid packet that incorporates loans, payment plans, and merit- and need-based scholarships.
Visit the Office of Student Financial Aid for a full rundown of financing options, and please feel free to call us at 410-778-7214 or email us at email@example.com if you have additional questions.