Financial Aid FAQs

Frequently Asked Questions About Financial Aid

Here is a list of questions we get asked most often. You can find more information about:

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Applying and Eligibility

The admission office does not consider your financial need when reviewing your application, and financial need will not affect your admission decision.

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Verification

Grants and Scholarships

For more information, visit our Scholarships and Grants page.

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Loans

For more information, visit our Loans and Other Aid page.

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Debt and Aid Averages

On average, how much debt do Elms College students incur?
For students who graduated between September 1, 2010 and September 30, 2011 the average debt from loans (from any source) while at Elms College was approximately $32,000. The average debt from federal loans while at Elms College was $18,063.

What is the percentage of students at Elms College who borrow money from any source for their college education?
The percentage of students who borrowed from any source between September 1, 2010 and June 30, 2011 was 86%. The percentage of students who borrowed from a federal source was 88%.

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International Students

Find more information for international students on our International Admission page.

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