Eligibility by Aid Type: Undergraduate Students

Grants

AwardsSourceEligibilityComments
Tufts GrantsTuftsUndergraduates (UG); Financial NeedNeed-based grant awarded as part of aid package
Tufts National MeritTuftsNational Merit Finalists$500 per semester
Federal Pell GrantsFederalUG; Exceptional financial needAward amount determined by Federal Student Aid; Eligibility is limited
Federal Supplemental Educational Opportunity Grant (SEOG)FederalUG; Exceptional financial need; Primarily for Pell recipientsAwards from $200-$4,000/yr.
GI Bill Yellow Ribbon ProgramFederalEligible U.S. Veterans$5,000 Tufts grant matched by $5,000 from the federal Yellow Ribbon Program
ROTC - Army, Air Force, NavyFederalUG; Chosen by Army, Air Force, or NavyCross register at MIT; Four-year tuition scholarships available as well as partial scholarships
Mass Grants & Gilbert GrantsComm. of MassUG; Massachusetts residents; Financial need; Meet state deadlinesAward amount determined by MA Office of Student Financial Assistance
Other State ScholarshipsVarious StatesUG; Financial need; Meet state deadlinesResidents of CT, PA, RI, VT may be eligible

Loans

See also Borrow Undergraduate Loans

AwardsSourceEligibilityComments
Federal Direct Stafford Loans - SubsidizedFederalFinancial needInterest rate updated annually by Federal Student Aid; 10-yr repayment; 6-mos. grace period. Eligibility is limited.
Tufts LoansTuftsFinancial need$500-$2000/yr; 5% interest; 5-yr repayment

Work

See also Student Employment

AwardsSourceEligibilityComments
Work Study: Federal and Tufts Work StudyFederal, TuftsFinancial need for Federal Work Study onlyStudents paid weekly. Student Employment Office helps students find positions. Wages subsidized by program. Awards typically range from $2,200-$2,800. Find jobs on the job database.

For more detailed info on Federal aid, please review the Resources page of the Federal Student Aid website.


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