Outside Scholarships

Outside sources of funding can significantly reduce a student's debt burden and work commitment over the years. All students receiving outside scholarships must report outside scholarships to Student Financial Services Office. Receipt of outside scholarships must, by Federal law, reduce or alter your financial aid. First-year students will be able to report outside scholarships and preference for reduction of self-help through My Wellesley portal. Returning students will report receipt of outside scholarships via email to finaid@wellesley.edu.

At Wellesley, students who are awarded outside scholarships receive the fullest possible benefit of those scholarships. We use outside scholarship aid to reduce "self-help"--that is, student loans, work-study, and student contributions from summer earnings, before making any reduction in grant aid. We must, however, follow all federal regulations regarding outside scholarships and benefits. Outside scholarships do not affect the parents' calculated ability to contribute; thus they do not reduce the expected parent contribution.

Unless specifically stated in the sponsorship letter, all outside scholarships will be evenly applied to the fall and spring semesters.

Students and families should research private scholarships through as many means as possible. The best sources are within the student's local community and high school. Students may use the World Wide Web to research a myriad of scholarship possibilities.

ROTC
Army, Navy and Air Force Reserve Officer Training programs offer substantial outside scholarship opportunities for qualified, selected individuals. Wellesley students interested in ROTC should contact ROTC programs at MIT. For more information, see MIT web site.

Outside Scholarship Links:

www.StudentScholarshipSearch.com/ebook

This website is useful in helping students develop a plan and conduct an organized search for scholarships. For example, it has useful "tips" on limiting searches so they don't result in an overwhelming number of "hits."

Fastweb.com
www.scholarshiphunter.com

These sites are useful when it comes to looking as specific outside scholarships.

Student Financial Services
Created: August 18, 2007
Modified: October 9, 2009