Scholarships & Grants

Here at Nichols, we're giving more aid than ever before. Nichols aid you receive - and wouldn't need to pay back - could total > $18K per year if you meet eligibility criteria. And we have more financial aid options available. 

Nichols College offers a variety of scholarships, grants and awards for full-time students who demonstrate financial need or a strong track record of academic performance. 

If you would like further information on any of these scholarships, grants and awards, please contact

  • » Merit Scholarships

    Merit Scholarships

    Academically-based merit scholarships are awarded to qualified full-time incoming students based on their academic achievement. Amounts are determined by a combination of factors including, but not limited to, SAT scores, cumulative GPA, and extracurricular activities. These scholarships are awarded as each application is processed and the FAFSA is not required for consideration of these awards.

    Merit scholarships are fully renewable as long as students maintain satisfactory academic progress. Students must maintain a grade point average of 2.0 or higher and continue to be enrolled full-time while completing 12 credit hours or more per semester.

    Nichols Honors Scholarship

    • Resident $18,000
    • Commuter $16,000

    President’s Achievement Scholarship

    • Resident $17,000
    • Commuter $15,000

    Trustees' Achievement Scholarship

    • Resident $16,000
    • Commuter $14,000

    Dean’s Achievement Scholarship

    • Resident $15,000
    • Commuter $13,000

    Faculty Achievement Scholarship

    • Resident $14,000
    • Commuter $12,000

    Founders Grant

    • Resident $13,000
    • Commuter $11,000

    Nichols Connect Grant

    • Resident $7,000
    • Commuter $7,000
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  • » Endowed Scholarships

    Endowed Scholarships

    Restricted and endowed scholarships are subject to change and based on the availability of funds and interest earned on funds.

    For a complete listing of financial aid and scholarship programs, including criteria governing the selection of recipients, please consult the Financial Aid section of the Nichols College Catalog

    Randy ’83 MBA ’96 and Donna ’83 Becker Scholarship is awarded to a first-year student who seeks a degree at Nichols College and demonstrates financial need; preference is given to students from Webster.

    John F. Birch Jr. ’73 Memorial Scholarship, created by the parents and estate of John F. Birch, class of 1973, is awarded to a rising senior specializing in accounting with proven academic excellence and financial need.

    Don Chalmers ’59 Memorial Scholarship is awarded to a student who demonstrates financial need, academic achievement and community involvement.

    Hal Chalmers/Elks Scholarship is awarded to a student from Dudley, Webster, or Oxford who demonstrates financial need.

    Class of 1954 Scholarship is awarded to a student who resides on campus; selection is based on GPA, financial need, and commitment to Nichols College.

    Class of ’57 Endowed Scholarship is awarded to a rising junior who has shown steady improvement in GPA and an increasing commitment to the Nichols College community through student and local activities.

    Class of ’63 Endowed Scholarship is intended to reward and encourage the continued growth and potential of a rising sophomore or junior who demonstrates financial need and who maintains a GPA of 3.0 or better. Preference is given to students who are active in the Nichols College and local communities; special consideration is given to students who have been honorably discharged from any of the five United States Military Armed Services.

    Class of ’67 Endowed Scholarship is awarded to a returning sophomore who successfully completes the first year, demonstrates financial need, and plans to graduate from Nichols College.

    Col. James L. Conrad Memorial Scholarship, named for the founder and first president of Nichols College, assists a resident of northern Worcester County (Leominster north to the New Hampshire line) based on academic performance, extracurricular activities, leadership potential, and financial need.

    Professor Keith Corkum Endowed Scholarship in Economics recognizes excellence in the study of economics at Nichols College, and is given to a junior or senior majoring or minoring in economics based on academic achievement and service to the Nichols community.

    Peter B. Dixon Scholarship is awarded to students who demonstrate financial need; preference is given to a student from Christian Brothers Academy of Lincroft, N.J.

    James Dunbar Scholarship in Criminal Justice Management, named for former trustee and founder of Dunbar Armored, James L. Dunbar ’51, is awarded to a junior or senior specializing in criminal justice management based on academic achievement and service to the Nichols community.

    Faucher Family Endowed Scholarship is given to a permanent resident of Thompson, Conn., and based on financial need.

    Fels Commuter Scholarship for Webster and Dudley Residents is given by Gerald Fels '66 and his wife, Marilyn, to Dudley and Webster residents who commute to Nichols College. An award of $5,000 a year for a maximum value of $20,000 is given to students who are accepted at Nichols and who file a FAFSA application.

    Joan Fels Endowed Scholarships are donated by Marilyn and Gerald Fels in memory of his mother, Joan Fels, to support permanent residents of Webster and Dudley who are graduating high school seniors from Bartlett, Shepherd Hill, or other area high schools.

    Fischer Scholarship is awarded to a junior with a GPA of 3.0 or higher who is involved in the Washington Internship Program.

    George F. and Sybil H. Fuller Foundation Scholarship is awarded on the basis of financial need.

    Russell E. Fuller Endowed Scholarship is awarded to Hispanic/Latino students from Central Massachusetts.

    James C. Gahan IV Endowed Scholarship, named in memory of Nichols student James C. Gahan ’04, is awarded to a junior or senior with at least 60 hours of coursework completed and specializing in general business or business communication.

    The Gould Generational Scholarship, created to honor the three generations of the Gould family who attended Nichols College, is awarded to a qualified student or students with demonstrated financial need.

    Thomas J. Hall '69 Endowed Scholarship is awarded to a returning student who resides in Connecticut. Preference is given to those who have experienced some form of personal or financial hardship. This scholarship is in memory of Fred Tobin and Earle Mullare, uncles of Mr. Hall, who made it possible for him to attend Nichols.

    The Hermann Foundation Scholarship, created by the trustees of the Hermann Foundation, Inc. assists students who have financial need but do not qualify for federal or state assistance programs.

    Barry D. Hogan ’67 Endowed Scholarship is awarded to a rising sophomore, junior or senior who is in good standing, has clear plans and a strong desire to graduate from Nichols College, and demonstrates financial need; preference is given to those who have experienced some form of personal or financial hardship.

    Edwin L. Hubbard Faculty Scholarship, created by and honoring the late Professor Emeritus Edwin Hubbard, is given to a deserving student who is an outstanding scholar in the sophomore class.

    Professor John Katori/Class of 1955 Scholarship is given to a rising junior; preference is given to students specializing in accounting.

    Robert B. Kuppenheimer Scholarship, named for trustee Robert B. Kuppenheimer ’69, supports up to eight worthy students who reside west of the Mississippi River who receive solid recommendations from their guidance counselors.

    Massachusetts Association of Public Accountants Scholarship is given to a student of high academic achievement who specializes in accounting.

    Philip Pettinelli '71 Endowed Scholarship is given to a new or returning student who is a resident of Southbridge, Massachusetts, and/or a graduate of Southbridge High School.

    President’s Scholarship is awarded to a female returning student (sophomore, junior or senior) who maintains a GPA of 3.0 or greater and who demonstrates leadership engagement in the Nichols community.

    John R. Suleski Jr. Memorial Scholarship is awarded to a high school senior from either Tourtellotte High School or Woodstock Academy.

    President Debra Townsley Endowed Scholarship is awarded to a returning female sophomore with financial need, academic promise, leadership potential, commitment to the College and the desire to complete a bachelor’s degree at Nichols College.

    Daniel Van Leuvan Memorial Scholarship for Education supports a second-semester junior enrolled in the Educator Preparation Program and is based on financial need, academic achievement, and overall contribution to the Nichols community.

    James D. Wagner ’59 Endowed Scholarship is awarded to a male student who has been professionally diagnosed and documented with dyslexia, demonstrates financial need, and has intention to complete a bachelor’s degree from Nichols College.

    Wenk Scholarship, established by Norman Wenk ’42, is given to a resident of Mattituck, N.Y., who attends Nichols College.

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  • » Awards & Grants

    Awards & Grants

    Nichols Early Acceptance Grant

    • $1,000

    A limited number of $1,000 grants are awarded for early acceptance to the College. This grant is not renewable and non-need based. Application must be completed by December 1 for consideration.

    Family Tuition Scholarship

    • $1,000

    The Family Tuition Scholarship is awarded when two siblings simultaneously attend Nichols College full-time in the day program. The award amount is $1,000 per year for each student. This scholarship is renewable as long as both students remain enrolled full time in the day program and remain in good academic standing. When one student graduates, the remaining student may qualify for the Nichols Legacy Scholarship.

    Legacy Scholarship

    • $1,000

    The Legacy Scholarship is awarded to full-time day students whose parent, sibling or grandparent received his or her undergraduate or graduate degree from Nichols College. This $1,000 scholarship is awarded annually to students who meet eligibility requirements and maintain satisfactory academic progress. This scholarship is self-reported by the student or family. Students must notify the Financial Assistance Office that they have met the scholarship criteria prior to the start of classes.

    Nichols Honors Scholar Grant

    • $1,000

    A limited number of highly qualified students newly admitted will be invited by Admissions to participate in the Nichols College Honors Scholar Program.  Current students may be invited to join and become eligible for the scholarship after completing one academic year at Nichols with a Cumulative GPA of 3.6 or above.  Effective Fall 2016, all students must maintain a 3.4 Cumulative GPA (grandfathered students must maintain a 3.2 Cumulative GPA) and stay enrolled in the program for renewal of this $1,000 non-need based grant.

    Nichols Access Grant

    This need-based grant is awarded to day students who are not legal residents of Massachusetts. This grant helps to supplement the limited out-of-state scholarship dollars students receive who demonstrate financial need. Since funds are limited, the Access Grant is awarded on a first-come, first-served basis.

    Nichols Transfer Grant

    • Up to $4,000

    Students filling out the FAFSA may also qualify for an additional transfer grant up to $4,000, depending on need.  Students must have completed at least 12 credit hours of college work to qualify for the transfer grant.  This grant is renewable annually as long as the student remains enrolled full-time in the day program, maintains a 2.0 Cumulative GPA, and continues to demonstrate financial need.

    Nichols Travel Grant


    There are a limited number of $1,000 grants for students attending from select states. Students must reside on campus and be enrolled full-time in the day program. These grants are renewable and non-need based. 

    Need Based Grants

    Awarded to students with financial need as determined by the Free Application for Federal Student Aid.

    • Nichols Opportunity Grant
    • Women in Enterprise Grant
    • Hezekiah Conant Leadership Grant
    • Dr. Quincy Merrill Leadership Grant
    • Nichols Success Grant
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  • » New England Principal’s Leadership Award

    Annual New England Principal's Leadership Award

    Principals, Headmasters, and Guidance Directors:
    Do you know of a student who exemplifies leadership beyond the classroom?

    Nominate a student for the Nichols College 5th Annual New England Principal's Leadership Award.

    One nominated student from each participating school throughout new England will receive a $72,000 Nichols College scholarship. The award will be dispersed in four amounts of $18,000 to attend Nichols College beginning the 2017-2018 academic year.

    The nominated student from your school should demonstrate academic promise, ambition, and leadership in your school and community. The student should also meet the following criteria:

    • Have an unweighted cumulative GPA between 2.5 and 3.5
    • At least a 800 two-way SAT (verbal and math)
    • Exemplary leadership and involvement in your school and community

    Please complete our nomination form and forward along with a transcript including the first quarter grades of the student’s senior year and latest SAT or ACT scores to:

    Paul Brower
    Assistant Dean for Enrollment
    Nichols College
    PO Box 5000
    Dudley MA 01571

    The deadline to nominate a student from your school is December 1, 2016. The student will be notified by our office and asked to complete an official application. 

    Over the last four years, we awarded nearly $5 million in New England Principal's Leadership Awards to over 400 students throughout New England. We are thrilled to continue the success of this program for years to come!

    For a printable version of the above information, download our NEPLA Information Sheet

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We want to talk to you!

We're here to help - so if you have questions about our scholarships and grants, contact our Student Financial Services office by email at or by phone at 508-213-2288.