Eligibility by Aid Type: Undergraduate Students


Awards Source Eligibility Comments
Tufts Grants Tufts Undergraduates (UG); Financial Need Over 37 percent of last year’s entering class received more than $17.3 million in Tufts Grant aid.
Tufts National Merit Tufts National Merit Finalists Non-need based awards up to $500; Need based awards up to $2,000
Federal Pell Grants Federal UG; Exceptional financial need Awards from $400-$5,750/year; Eligibility is limited
Federal Supplemental Educational Opportunity Grant (SEOG) Federal UG; Exceptional financial need; Primarily for Pell recipients Awards from $200-$4000/yr.
GI Bill Yellow Ribbon Program Federal Eligible U.S. Veterans $5000 Tufts grant matched by $5000 from the federal Yellow Ribbon Program
ROTC - Army, Air Force, Navy Federal UG; Chosen by Army, Air Force, or Navy Cross register at MIT; Four-year tuition scholarships available as well as partial scholarships
Mass Grants & Gilbert Grants Comm. of Mass UG; Massachusetts residents; Financial need; Meet state deadlines UG only; Awards from $400- $1,700/yr.
Gilbert average is $1,313
Other State Scholarships Various States UG; Financial need; Meet state deadlines Residents of CT, PA, RI, VT may be eligible


See also Borrow Undergraduate Loans

Awards Source Eligibility Comments
Federal Direct Stafford Loans - Subsidized Federal Financial need Interest rate for 2020-2021 is 2.75%; 10-yr repayment; 6-mos. grace period. Eligibility is limited.
Tufts Loans Tufts Financial need $500-$2000/yr; 5% interest; 5-yr repayment


See also Student Employment

Awards Source Eligibility Comments
Work Study: Federal and Tufts Work Study Federal, Tufts Financial need for Federal Work Study only Students paid weekly. Student Employment Office helps students find positions. Wages subsidized by program. Awards typically range from $1,800-$2,200. Find jobs on the job database.

For more detailed info on Federal aid, please review the government publication called The Student Guide.

Taxability of Financial Aid: Scholarship aid in excess of tuition and required fees is subject to federal income tax. Student loans are not taxable. Federal work study earnings are taxable. Students should consult with their tax adviser for further clarification on whether their aid is subject to federal or state income taxes. For more information on Educational Tax Credits, please view the IRS publication on this subject or visit the IRS website

Additional Information