International Students

The Family Contribution

An international student's family contribution is based on an assessment of the family's income and asset information provided on the required forms and is determined upon admission to the College. Mount Holyoke uses a standard institutional formula to determine the family contribution. When calculating the family contribution, the College considers such factors as total parent income (including taxable and untaxed income), parental assets, number of dependents in the household, and number of dependent children attending undergraduate institutions in the United States.

The same family contribution initially calculated will be required each year until graduation. However it is important to note the family contribution shown on Financial Aid Online does not include all costs that will be owed toward College billed charges. The cost of the annual student health insurance is in addition to the calculated family contribution. (Approved health insurance is required of all students attending college in Massachusetts.) There will be an additional cost, ranging from $200-$500, due toward the billed charges based on the way the work-study portion of the financial aid package is processed. Packaged work-study (ranging from $2100-$2400) cannot be deducted from the bill. Work-study is earned throughout the academic year and is intended to cover the estimated personal/books expenses of $1900, as shown in the financial aid package.  Since the packaged amount of work-study is higher than the personal/book estimate, the difference between the packaged work-study and the personal/books estimate will be in addition to the calculated family contribution. (Note: The personal/book estimate as well as the packaged work-study is subject to change based on College policy.)

Funding Limitations

Institutional funding for international students entering as first year students is limited to eight semesters. In addition, if an international student re-classifies, moving up her class year in order to graduate sooner than initially anticipated, she cannot re-classify back to her original class year and expect to receive financial assistance. Please note that for matriculated students, credits transferred to the College due to a semester or year of study abroad or academic leave will count toward the eight-semester limit, whether or not financial aid from the College was provided for these credits.

Important: To be considered for financial aid, an international applicant must apply for financial assistance at the same time as she applies for admission. The intent to apply for financial aid must be indicated on the admission application.

Students who indicate on the admission application that they will not apply for financial aid will not be considered for aid after they have been accepted to the College (and for their remaining enrollment).

If a student is determined to have financial aid eligibility, the College puts together a financial aid package, which generally consists of a combination of grant, loan, and student employment aid. These three types of assistance are funded by institutional sources. Students should note that, according to U.S. tax regulations, any portion of a grant that covers all or part of room and board costs may be taxable and may also be subject to tax withholding. Any portion of a grant covering tuition is not taxable.