If applying for Financial Aid is leaving you stressed, fear not! At Nichols College, we are committed to providing you with the most resources for financing a Nichols College education. We require only one financial aid form, the Free Application for Federal Student Aid, better known as the FAFSA. Nichols College does not require the CSS Profile.
We use your FAFSA information to determine your eligibility for federal, state and institutional need-based financial aid. You can file your FAFSA anytime after January 1st, but we highly recommend you file by March 1st (our priority deadline). Each state has a FAFSA filing deadline. It is important to meet the March 1st filing deadline since filing your FAFSA late can affect the amount of financial aid you will receive. Late applicants may miss opportunities for state or other sources of aid.
Get the help you need! Explore information and access links to the FAFSA through the navigation bars on the lower right section of this page. Feel free to contact us anytime with your specific questions. We'll help take some of the mystery out of the financial aid application experience. Good Luck!
As we begin our awarding season for new and returning students, we want to inform our families of some changes in the way we process Federal Stafford loans. Nichols College has chosen to participate exclusively in the William D. Ford Direct Loan program for all of our Federal Stafford Subsidized and Unsubsidized Student Loans as well as Federal Parent Loans (PLUS). Our decision is based in part on the current lender issues regarding their continued participation in the Federal Family Education Loan program (FFELP). We believe that this change will provide a more stable and predictable borrowing experience as Direct Loans are offered by the US Department of Education.
Will this change impact me?
Yes, if you are a new or a continuing student or parent borrower who plans to borrow a federal loan after July 1, 2009; this change will affect you. For the 2009/2010 academic year, ALL Federal Stafford, Federal PLUS, and Federal Grad PLUS loans will be processed through the Direct Loan program. You will be receiving information in your award packages about how to complete you Master Promissory Notes, Entrance Counseling, and Parent Loan Pre-Approvals. New web links will be posted to our Financial Aid page as well.
What are the benefits in the Direct Loan Program?
There are several benefits in the Direct Loan Program, including;
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A Fels Commuter Scholarship is Available for Webster |
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To be considered for the Fels Commuter Scholarship, students must be accepted to the College and file a FAFSA application for financial aid. Students may also be eligible for additional scholarships. For more information, please contac the admissions office at 508-213-2203. 2007-2008 Fels Commuter Scholarship winners include the following Dudley and Webster residents: Jeremy Barrette; Jessica Belanger; Alycia Blanchette; Steven Engstrand; Ashley Greenhalge; Beyan Kamara; Michael Kelly; Steven McHugh; Timothy Messier; Jean Santos; John Sielawa; Matthew Sujdak; Savannah Tracey. |
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Read about Fels Commuter Scholarship winner Alycia Blanchette of Dudley. |
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Read about Fels Commuter Scholarship winners Lauren Budney and Marcial Villegas Jr. of Webster. |