Aid and Financing Options
Mount Ida College offers several merit- and need-based opportunities to help you finance your education, including scholarships, grants and student employment. When financial aid does not meet the full expense of your tuition and fees, we encourage you to consider pursuing additional financing options, which we have conveniently outlined for you in this section and our alternative financing options sheet.
Mount Ida College Financial Aid Award Guide
Mount Ida College Alternative Financing Options: To make the selection process easier, Mount Ida College has identified a select group of lenders for our Preferred Lender List (Financing Your Education and Frequently Asked Questions).
Education benefits for veterans: Mount Ida College participates in the Yellow Ribbon Program and Montgomery GI Bill.
Federal aid programs: Learn more about federal PELL grants and federal direct loan programs as well as loan repayment and consolidation information.
State aid programs: If you are a Massachusetts state resident, you may be eligible for a number of state aid programs, including the Massachusetts State Grant, the Gilbert Grant and the Massachusetts No Interest Loan program.
Mount Ida aid programs: Scholarships awarded to you by Mount Ida are typically based on academic merit or extracurricular performance and do not require repayment. Need-based grants are awarded to you based on the results of the FAFSA.
Work-study: Federal and Mount Ida work-study programs help you defray the cost of college. Learn more about eligibility and application requirements for each program.
Private scholarships: Private scholarships are another way to fund your financial aid gap. Private scholarships come from a number of sources and typically do not require repayment.
Private or alternative loans: Private or alternative loans are other methods to help you fund the gap in financial aid. Private loan interest rates generally are higher than federal and state government rates, but lower than personal loans. Learn the basics along with a sampling of private aid sources here.