Financial Aid: Financing Your College Education

Selecting and paying for college are challenges most students and families face. The primary responsibility for meeting college cost rests with students and parents. Because there are limitations to family income and assets, various forms of financial aid are available to supplement the family contribution. Student aid programs are intended to help bridge the gap between family resources and the anticipated cost of education. Eligibility for financial aid varies according to program regulations and with the individual circumstances of the student and family. Generally, financial aid is granted on the basis of demonstrated need and academic potential. Most families are eligible for some form of financial assistance, be it gift aid from grants and scholarships or self-help such as employment or low-interest loans.

Financial Aid Application Procedures & Priority Deadline Date

To be considered for College, Federal and State Financial Aid Programs, students must complete and submit each year the Free Application for Federal Student Aid (FAFSA). The FAFSA may be completed any time after January 1st. Paul Smith’s does not have a deadline but the sooner the better because several Federal programs are limited with federal funds.

The WEB address for FAFSA Express is: fafsa.ed.gov and can be accessed by clicking the address. You are strongly encouraged to apply on line.

If you need or wish to complete the FAFSA by paper form you can visit the FAFSA website and download the application and submit by mail. Please keep in mind that this process may take up to 6 weeks depending on the Federal Government FAFSA department.

To simplify filling out the FAFSA, both student(s) and parent(s) need to apply for a FSA IS at www.fsaid.ed.gov.

Federal Grants and Loans

Paul Smith's College participates in the following U.S. Department of Education Financial Assistance Programs:

Student Eligibility for Federal Student Aid Programs

To receive financial aid from the federal student aid programs, you must:

Priority consideration is given to those applicants whose Free Application for Federal Student Aid (FAFSA) information is available in the Financial Aid Office by the May 1st deadline.

Federal Pell Grants

Pell Grants are awarded to undergraduate students who have not earned a bachelor's degree. To determine eligibility, the U.S. Department of Education uses a standard formula to evaluate the information reported on the Free Application for Federal Student Aid. The formula produces an Expected Family Contribution (EFC) number. The result of the federal application is a Student Aid Report (SAR) which contains the EFC number and indicates Pell Grant eligibility. Pell Grants for the 2015– 2016 award year will range from $626 to $5,775.

A Federal Pell Grant, unlike a loan, does not have to be repaid. Federal Pell Grants usually are awarded only to undergraduate students who have not earned a bachelor's or a professional degree (In some cases, however, a student enrolled in a post baccalaureate teacher certification program might receive Federal Pell Grant). You are not eligible to receive a Federal Pell Grant if you are incarcerated in a federal or state penal institution or are subject to an involuntary civil commitment upon completion of a period of incarceration for a forcible or nonforcible sexual offense.

Effective on July 1, 2012, you can receive the Federal Pell Grant for no more than 12 semesters or the equivalent (roughly six years). You will receive a notice if you are getting close to your limit. If you have questions, contact the Financial Aid Office.

Federal Supplemental Opportunity Grants (FSEOG)

A Federal Supplemental Opportunity Grant (FSEOG) is for undergraduates with exceptional financial need. These students have the lowest EFC and are generally eligible for Federal Pell Grants. The college is awarded an FSEOG allocation each year from federal funds and eligibility is determined by the Financial Aid Office. Since funds are limited, not every eligible student will receive an FSEOG. Priority consideration is given to those applicants whose Free Application for Federal Student Aid information is available in the Financial Aid Office by the April 1 deadline.

Federal Perkins Loans

A Federal Perkins Loan is a low-interest (5%), 9-month grade period loan for students with exceptional financial need. A Perkins Loan borrower is not charged any processing fees. The College is the lender and the loan is made with government funds with a share contributed by the college. You must repay the College beginning nine months after you graduate or leave college. The College is awarded a Perkins Loan allocation each year from federal funds, and eligibility is determined by the Financial Aid Office. Once a Perkins Loan is approved, the student signs a promissory note with the College. Since funds are limited, priority consideration is given to those applicants whose FAFSA information is available in the Financial Aid Office by the May 1 deadline. Perkins Loans at Paul Smith’s College range from $500 to $2,000 per year.

Federal Direct Stafford Student Loans-Subsidized and Unsubsidized

Federal Stafford Loans are either subsidized or unsubsidized. A subsidized loan is awarded on the basis of financial need. Subsidized loans will not be charged any interest before or during the 6 months grace periods of deferment. The federal government subsidizes the interest during these periods. An unsubsidized loan is not awarded on the basis of need. Students are charged interest from the time the loan is disbursed until paid in full. The interest rate for 2016-2017 is 3.76% with a 1.068% origination fee.

**First time borrowers must complete a Federal Master Promissory Note (MPN) and Entrance Counseling before the funds are disbursed to the students account.

For additional Federal Direct Stafford Loan information and to complete the Federal MPN and Entrance Counseling, please go to the Financial Aid Office website or www.studentloans.gov

New regulations for limits on Direct Subsidized Loans

Maximum eligibility period to receive Direct Subsidized Loans: There is a limit on the maximum period of time (measured in academic years) that you can receive Direct Subsidized Loans. In general, you may not receive Direct Subsidized Loans for more than 150% of the published length of your program. This is called your "maximum eligibility period". You can usually find the publish length on any program of study in the College Catalog.

For example, if you are enrolled in a 4-year bachelor's degree program, the maximum period for which you can receive Direct Subsidized Loans is 6 years (150% of 4 years = 6 years). If you are enrolled in a 2-year associate degree program, the maximum period for which you can receive Direct Subsidized Loans is 3 years (150% of 2 years = 3 years).

Your maximum eligibility is based on the published length of your current program. This means that your maximum eligibility period can change if you change programs. Also, if you receive Direct Subsidized Loans for one program and then change to another program, the Direct Subsidized Loans you receive for the earlier program will generally count against your new maximum eligibility period.

Federal Direct Parent PLUS Loan (Undergraduate)

Federal PLUS Loans enable parents with good credit histories to borrow up to the cost of education minus financial aid received.

Parents pay a processing fee which is deducted proportionately each time a loan payment is made directly to the college. The processing fee ranges from 4.272 to 4.292%. The fixed interest rate for the 2016-2017 academic year is 6.31%. Generally, repayment begins within 60 days after the final loan disbursement for the academic year. There is no grace period for PLUS loans. This means interest begins to accumulate at the time the first disbursement is made.

**First time borrowers must complete a Federal Master Promissory Note (MPN) before the funds are disbursed to the students account.

For additional Federal Direct Parent PLUS loan information and to apply, please go to Paul Smith's College - Offices - Financial Aid.

Federal Work-Study and College Sponsored Student Employment Programs

The Federal Work-Study Program provides jobs for students who demonstrate financial need. In addition, the college funds a student employment program which is not based upon financial need. Students at Paul Smith’s College work for 5 to 10 hours per week, earn an average of $2,500 per academic year and are paid the current federal minimum wage on a semi-monthly basis. Eligibility is determined by the Financial Aid Office. Students begin their job search with the College Student Placement Office where they obtain a Work-Study Authorization Form and a listing of job opportunities. Students are responsible for contacting potential employers and arranging interviews. The hiring decision is made by the person who listed the position. Since funds and job opportunities are limited, priority consideration is given to those applicants whose Free Application for Federal Student Aid information is available in the Financial Aid Office by the May 1 deadline. Work-Study is first-come, first serve. Work Study is not deducted from your bill. Work-Study money is used for personal expense - Remember - Not deducted from your bill.

Veterans’ Affairs (VA) Educational Benefits

Paul Smith's College is a veteran friendly campus. Our Veterans Information Website provides a number of links to important GI Bill and Veteran Websites and scholarship and other support information dedicated to serving those who served.

Please click on the link to our Veterans Information Website to apply for your GI Bill Benefits. Once you have completed the online application, the Department of Veterans' Affairs will mail you a letter confirming your eligibility for benefits. Please bring or mail a copy of this benefits letter to the Office of Veterans Services prior to the student’s registration at Paul Smith’s College.

New York State Grants

New York State Tuition Assistance Program (TAP):

The New York State Tuition Assistance Program (TAP) helps eligible New York residents pay tuition at approved schools in New York State. Depending on the academic year in which you begin study, an annual TAP award can be up to $5,165. Because TAP is a grant, it does not have to be paid back.

Who is Eligible?

To be eligible for TAP, you must:

What Determines the Amount of The Award?

The award amount is determined by:

Tuition Assistance Program (TAP)

TAP is a grant program for New York State residents attending college full time in New York State. There is neither a qualifying examination nor a limited number of awards.

The applicant must:

Undergraduate students generally may receive TAP awards for four years of study. Currently, the amount of the award is scaled according to level of study, tuition charge, and net taxable income. Funding levels for the program are set by the state appropriations each year. The award is credited to the student's account on a semester basis.

Higher Education Opportunity Program (HEOP)

The Arthur O. Eve Higher Education Opportunity Program (HEOP) is a collaboration between the New York State Education Department and Paul Smith's College. The Paul Smith's College HEOP Program provides supplemental academic and financial support to New York State residents who meet academic and income eligibility guidelines and are selected. Please note, there are a limited number of spaces in HEOP; not everyone that is eligible will be selected.

All prospective HEOP applicants must:

In addition to the admission requirements for Paul Smith's College, HEOP applicants must complete the following:

For eligibility guidelines and the online HEOP application please go to: www.paulsmiths.edu/academic-resources/heop

You may also call the HEOP Office on campus at (518)327-6480 if you have any questions.

New York State Grants and Scholarships

Please go to Higher Education Services Corporation for a list of all scholarships and grants offered by New York State.

State Aid to Native Americans

State Aid to Native Americans is a financial assistance program for applicants who:

There is neither a qualifying examination nor a limited number of awards. The award is currently $1,750 per year for a maximum of four years of full-time study, a minimum of 12 credit hours per semester. Students registered for less than this number will be funded at approximately $50 per credit hour.

Application forms may be obtained from the Native American Education Unit, New York State Education Department, Albany, New York 12234. The completed application should be forwarded to the Native American Education Unit along with the following materials:

  1. Official transcript of high school record
  2. Letters of recommendation from leaders in the community
  3. Personal letter, setting forth in detail educational plans
  4. Signature of the parents of minor applicants
  5. Official tribal certification form
  6. Copy of acceptance letter from college attending.

Students are responsible for notifying the Native American Education Unit in writing of any change in status, program or institutional enrollment.

Paul Smith’s College Grants and Scholarships

Grants are awarded to students who demonstrate financial need. Award amounts are dependent on grants from all sources for which the College establishes a cap.

Merit Scholarship Award

Paul Smith's College is pleased to announce the Merit Scholarship Program for incoming freshmen and transfer students for 2016-2017. This program offers scholarships to new entering freshmen students ranging from $6,000 to $14,000 per year for up to four years. All scholarships are renewable for up to eight semesters so long as the student is enrolled full time at PSC and maintains the cumulative GPA required for the individual scholarship. Recipients must maintain satisfactory academic progress at the end of each semester of study to continue to receive the scholarship.

No separate scholarship application is needed to be considered for a Merit Scholarship. Determination is within the application review:

 

Incoming Scholarships:

Scholarship

Award

Continued Eligibility

President

$14,000 a year

maintain 2.50 GPA

Provost

$12,000 a year

maintain 2.50 GPA

Dean

$11,000 a year

maintain 2.00 GPA

Faculty

$9,000 a year

maintain 2.00 GPA

Rising Scholar Award

$5,000 a year

maintain 2.00 GPA

Transfer Excellence

$11,000 a year

maintain 2.50 GPA

Transfer Achievement

$8,000 a year

maintain 2.50 GPA

Transfer Recognition

$6,000 a year

maintain 2.00 GPA

 

Awards

Paul Smith’s College has established awards to recognize returning students for their accomplishments. Some awards provide students with financial support while others constitute a plaque. When the award includes a specific dollar amount, returning students can expect to have the amount credited to their account upon their return to school for the subsequent semester. Questions regarding applications for these and other awards (not listed) may be directed to the Financial Aid Office. Depending on availability of each, awards will be reviewed during the fall semester.

A. LINDSAY AND OLIVE B O’CONNOR FOUNDATION is awarded to students from Delaware County that demonstrates a financial need.

ADIRONDACK FRED SULLIVAN MEMORIAL SCHOLARSHIP was established by the College, the family and friends of Fred. G. Sullivan who was the Director of Development at Paul Smith's College. Fred, perhaps more than anyone else, helped set the College on its current course of defining itself as The College of the Adirondacks. The scholarship is awarded to students with course work and a career focused on the Adirondacks.

ADIRONDACK MOUNTAIN CLUB SCHOLARSHIP established in 2001, is presented annually to a resident of the Adirondack Park, namely within what is designated as "the blue line" of regular acceptance.

ADIRONDACK PARK SCHOLARSHIP is awarded to a resident of the Adirondack Park who demonstrates financial need.

ALFRED W. CURRIER SCHOLARSHIPS are applied toward the payment of tuition for the following year. The selection committee chooses one recipient from the Forest Technician program and one from Pre-Professional Forestry. Consideration will be based on scholastic records, citizenship and activity in forestry projects.

ALUMNI AWARD is given to the student for overall improvement academically over a period of at least four semesters.

ANDY VAUGHN MEMORIAL AWARD was established by friends and family in memory of this 1990 graduate. It is given each year to a non-traditional Forestry student who displays the spirit and character similar to Andy and who has financial need.

AUGSBURY SCHOLARSHIPS recognize the students demonstrating financial need who hail from the North Country region of New York State. This award, made possible through the generosity of Mr. Frank A. Augsbury, Jr., a member of Paul Smith's College Board of Trustees, is open to both first year students and sophomores.

BRIAN W. SMITH ‘95 MEMORIAL SCHOLARSHIP is awarded in the spring for the fall to a returning sophomore HEOP student recommended by the Director of HEOP. The student must demonstrate financial need and exhibit some of the qualities that set Brian apart, represent and honor his memory.

BRIAN ZEHR MEMORIAL SCHOLARSHIP is awarded to a forestry student in memory of Brian Zehr. The recipient is chosen on the basis of high professional standards and a desire to contribute to the forestry profession.

CANTWELL FAMILY MEMORIAL SCHOLARSHIPS were established by the family and friends of Paul Cantwell who was a trustee and long-time friend of Paul Smith's College. These $1,000 scholarships are awarded to students based upon academics and citizenship who demonstrate financial need.

CHARLES D. KIRCHE MEMORIAL SCHOLARSHIP was established in 2002 by the family of Professor Emeritus Charles Kirche and is awarded to students who have graduated from a secondary school within the Adirondack Park. As a fitting tribute to this much-loved mathematics professor, the Kirche award is a mathematical reward based on your average.

CHESTER L. AND MILDRED Z. BUXTON SCHOLARSHIPS Originally established in loving memory of his wife Mildred, by college President Emeritus Chester L. Buxton.  Dr. Buxton served as president of Paul Smith’s from 1948 to 1975, and since Dr. Buxton’s passing in 1996 and to honor his pivotal role in the success of Paul Smith’s college along with the help of his wife, this memorial scholarship now bears both of their names.  This award recognizes friendliness, good citizenship and campus community service. 

CHRIS MICHIELEN MEMORIAL AWARD is presented to the Forestry student who exhibits a love for other people, nature, and the outdoors.

DENNIS J. MURPHY MEMORIAL SCHOLARSHIP was established in loving memory of Dennis J. Murphy for nontraditional students (over 21) who have a passion for rock climbing, want to share their passion they feel for their natural surroundings with other people, who embrace life to its fullest and who embrace mountain life. Preference for students in Forestry or Recreation program.

DR. EDWIN H. HUGHES MEMORIAL SCHOLARSHIP is granted to a first year student to be applied to tuition during the following year. The recipient is chosen on the basis of scholarship, activities, and character.

EDWARD F. PRESCOTT MEMORIAL SCHOLARSHIP was established by family in 1995 in memory of this 1962 Liberal Arts graduate. This award recognizes a student's appreciation of the Adirondack Park.

EILEEN CRARY SCHOLARSHIP established in 2000 by the Board of Trustees of Paul Smith's College, is presented to deserving students from the Adirondack Park who demonstrates the qualities of dedication, honesty and loyalty, the very qualities epitomized by the honoree.

ENDOWED ALUMNI SCHOLARSHIP was established in 2001 through the generosity of many Paul Smith’s College alumni, family and friends. It is the intent of the scholarship to recognize graduates from one of Paul Smith’s two-year degree programs who have expressed the intent of continuing on in one of the College’s four-year degree programs.

F.A. BARTLETT TREE EXPERTS COMPANY COMPANY recognizes Arboriculture and Landscape Management (AALM) students who are interested in a career in arboriculture. Recipients are recommended by AALM faculty.

F. IVES TURNER SURVEYING SCHOLARSHIP established in December of 1988, is presented annually to a returning Surveying Technology student who exemplifies outstanding citizenship, scholarship, and dedication to the surveying profession. It is given in memory of F. Ives Turner, prominent local land surveyor and long-time associate of Paul Smith's College, by the Northern Association of Land Surveyors.

FORESTRY DIVISION ACHIEVEMENT AWARD is presented to an outstanding forestry student in recognition of his/her achievement in forestry activities. The student is presented with a plaque and a small financial award.

FRANK L. CUBLEY SCHOLARSHIP FUND was established by a bequest from his wife, Frances. One $500 Scholarship is awarded to the returning sophomore with the highest scholastic average at the end of freshman year.

FRESHMAN CHEMISTRY ACHIEVEMENT AWARD is given to an outstanding chemistry student in recognition of his/her achievements in chemistry during the year.

GORDAN A. RUST AND PHYLLIS R. CROWNER MEMORIAL SCHOLARSHIP is awarded to a student based on character traits and overall academic effort.

GOULD HOYT MEMORIAL SCHOLARSHIP was established in 2013 at Paul Smith’s College in memory of professor Hoyt. Students must submit an essay demonstrating "what does Paul Smith’s College mean to them" and "why is sustainability important?"

HEARST FOUNDATION SCHOLARSHIP is awarded to women from low and middle income families with an emphasis on women from minority groups and/or students of either gender who are from rural area and/or first-generation college students.

HECTOR BOIARDI SCHOLARSHIP is awarded to students in the culinary program who demonstrate high financial need.

HOWARD AND BESS CHAPMAN FOUNDATION SCHOLARSHIP is awarded to both incoming and returning students with demonstrated financial need who live within a 25-mile radius of Oneida, NY.

IRA G. PAYNE BAUMGARTNER SCHOLARSHIP is offered to a Liberal Arts student who demonstrates high potential for success.

JAMES D. KURTOWICZ '66 MEMORIAL SCHOLARSHIP is awarded to a U.S. veteran with first preference to a student enrolled in the forestry division. Absent any qualified forestry veteran students, the recipient shall be a U.S. veteran, in any program, with demonstrated financial need and leadership potential.

JAMES CHAPMAN ’73 VETERANS SCHOLARSHIP is awarded to a combat veteran majoring in Forestry/ Environmental Science and is a New York resident who demonstrates financial need. Preference will be given to Marine applicants, but not limited to Marines.

JIM AND PEG REAGAN MEMORIAL SCHOLARSHIP was established in 2013 by alumnus Dr. James Reagan Jr., Class of 1964, in memory of his parents. The scholarship is awarded to students who are enrolled in the College of Natural Resource Management and Ecology with preference given to students pursuing an Associate’s degree.

JARL VICTOR MEMORIAL SCHOLARSHIP is awarded to a BMES student who is an active member of the Paul Smith's College community, demonstrating a variety of interests, involvement and demonstrates financial need.

JEFFERY L. HILL JR. MEMORIAL SCHOLARSHIP was established to in memory of Jeffery L. Hill, Jr. ’97 by his family. Jeff had a great love for forestry and most importantly for nature and the outdoors. Paul Smith’s was one of the most important things in Jeff’s life. This award will be given to a forestry student who demonstrates a desire to improve the environment, have a passion and love for the outdoors and show a willingness to overcome their academic challenges because they are engaging in a curriculum they love.

JOAN H. WEILL ENDOWED SCHOLARSHIP was established in 2012 by Joan & Sandy Weill to be awarded to students who demonstrate a passion for Paul Smith’s education and all that it entails – experiential learning, a love of the outdoors and the Adirondacks

JOHN GAY P.E., L.S. SURVEYING SCHOLARSHIP AWARD was endowed in 1993 by John Gay, President of Northeast Land Survey and Land Development Consultants of Ballston Spa. The award is presented to a returning Surveying Technology student with above average scholastic standing, displaying outstanding citizenship on and off campus, and in need of financial assistance. The Surveying Technology faculty recommends candidates annually to the Awards Committee.

JOHN 'MOUSE' SHEAFFER MEMORIAL SCHOLARSHIP was established in 1986 by the family and friends of this 1983 graduate. The income from the principal is to be awarded to a "worthy student, preferably in the Ecology and Environmental Technology Program."

JOHN W. MILLS & MEG BALASSONE-MILLS SCHOLARSHIP was established in 2014 when President John W. Mills, on the occasion of his retirement, asked that in lieu of a retirement party and gifts a scholarship be established to help students with financial difficulties continue on.

JON & SHARON LUTHER HOSPITALITY AND RESTAURANT MANAGEMENT SCHOLARSHIP was established by Sharon and Jon Luther ‘67 to be awarded to students enrolled in the Commercial and Applied Liberal Arts School with preference given to students majoring in Hotel and Restaurant Management and geographic preference given to students from Western NY with the highest level of financial need.

LLENROC MATCHING FUND is provided by Mr. George Callaway of Argyle, NY to Arboriculture and Landscape Management students who can prove their ability to save earnings for their college education. Established in 1993, this award will recognize the strong work ethic of the PSC student and further the study of shade tree care by matching students' savings.

LYLE J. FRANK ’65 HOSPITALITY SCHOLARSHIP was established in 2009 by alumnus Lyle Frank in recognition of the positive experience he had as a student at Paul Smith’s College. The recipients shall be enrolled in either a two- or four-year hospitality degree program and shall demonstrate the most improvement in GPA over the previous year.

LYLE LUTHER NATURAL RESOURCE MANAGEMENT & ECOLOGY SCHOLARSHIP Lyle Luther Natural Resource Management and Ecology Scholarship was established by Sharon and Jon Luther ‘67 to be awarded to students enrolled in the Natural Resource Management & Ecology School with preference given to students from Western NY with the highest level of financial need.

MATTHEW S. LeCLAIR MEMORIAL SCHOLARSHIP was established by the friends and family of Matthew LeClair, a 1983 Forest Technician graduate of PSC. Given each year to a forestry student residing in Clinton County, NY.

MAX CALDERONE MEMORIAL SCHOLARSHIP was established in 2014 by the family and friends of Mark Antonio "Max" Calderone. The scholarship is awarded to a worthy student who demonstrates his or her passion for learning at Paul Smith’s College, with preference given to NRME students within the Adirondack Park, involved with the Academic Success program, and/or a member of the Paul Smith College Soccer team.  

MCKITTRICK/HOYT NATURAL RESOURCE SCHOLARSHIP established in 1997 by alumnus Russell C. McKittick, is presented to a recipient with financial need and enrolled in one of the Natural Resource Programs.

MOST OUTSTANDING CULINARY ARTS GRADUATE AWARD is presented by the Culinary Arts faculty of Paul Smith's College to the student who exhibits the highest potential for success in the culinary field. The award is based on a superb academic record, leadership, and achievement in local and national culinary competitions while at Paul Smith's College.

NEW YORK STATE ASSOCIATION OF PROFESSIONAL LAND SURVEYORS MEMORIAL AWARD is presented in memory of Arthur D. Shaw to a second year student or students who are recommended by the forestry faculty to the awards committee of the association. The award is based on achievements in scholarship, service, and the submission of an essay. A plaque and award are presented to the recipient(s).

NORTHERN NEW YORK ASSOCIATION OF LAND SURVEYORS provides this annual award to an outstanding Surveying Technology student.

OUTSTANDING ATHLETE AWARD is presented to the outstanding female and male athletes for demonstrating leadership, sportsmanship, community participation on the Paul Smith's College campus, and having made significant contributions to the College by achievements of merit in league, regional, or national competition.

PARTRIDGE-INVITATION SCHOLARSHIP is awarded to hospitality major with demonstrated financial need.

PAUL ROBERSON MEMORIAL AWARD is awarded to the first year student who typifies Paul Roberson's qualities as an outstanding athlete, leader, and active participant in campus organizations.

PAUL SMITH'S COLLEGE OUTSTANDING GRADUATE AWARD is presented at commencement to the graduate whose comprehensive abilities and achievements have been deemed to be the most outstanding among all students receiving their degrees.

PRESIDENT'S AWARD is made to the graduate earning the highest cumulative grade point average during the previous two full semesters, or their equivalent, and must include a minimum of 30 credit hours earned at Paul Smith's College. The student must also have earned a 2.0 cumulative grade point average before entering the second year.

RAYMOND C. JACK MEMORIAL SCHOLARSHIP established in 1993 by a bequest from the estate of the 1951 graduate, recognizes academic achievement and financial need of Hotel and Restaurant Management students.

REBECCA L. IBITZ '00 MEMORIAL SCHOLARSHIP established in 2002 by the family, is awarded to a female student in the Urban Tree Management Program who demonstrates financial need.

ROGER W. TUBBY MEMORIAL SCHOLARSHIP is presented to the graduate who demonstrates outstanding communication skills in the program of Ecology and Environmental Technology. The award is given in memory of Roger W. Tubby -- a Presidential Press Secretary, United States Ambassador to the United Nations in Geneva, a newspaper journalist and publisher, founder of the Adirondack North Country Association and adjunct professor at Paul Smith's College. The award commemorates his devotion to preserving Adirondack lands and providing satisfying career opportunities for its residents.

ROSENBLUM SCHOLARSHIP established in 1989, awarded to students in the Hospitality Management Division who demonstrate unmet need. These awards are made possible through the generosity of Herbert Y. Rosenblum, Paul Smith's Class of 1960, and his wife, Joyce Lapato Rosenblum.

RUTH E. A. DAVIS '49 SCHOLARSHIP established in 2002 by Ruth E. A. Davis, is awarded to a student in the Liberal Arts Program who demonstrates financial need.

RUTH GILLESPIE BROWNE MEMORIAL SCHOLARSHIP is awarded to preferably a female student, but not limited to being a female, studying the natural sciences with demonstrated financial need.

RUTH KLEIN HOYT SCHOLARSHIP established in 2005 by a friend of the Hoyt family, is presented to a student who participates in any Paul Smith's College English curriculum, regardless of program of study, who demonstrates financial need.

STANLEY JEZ SCHOLARSHIP Open to all Paul Smith's College students majoring in forestry, environmental science, or arboriculture. Preference given to Catholic students in the Springfield, Massachusetts area.

STATLER FOUNDATION SCHOLARSHIP is awarded to students enrolled full-time in the Hospitality and Culinary Arts degree programs.

STEPHEN O. GEHRING - B.F. DEWEY CONSERVATION SCHOLARSHIP established in 1998, recognizes the returning students who have distinguished themselves in the areas of forestry and/or conservation. It is given in honor of noted conservationist Stephen Gehring and his long-time friend, Benjamin "Bud" Dewey.

STIRLING TOMKINS FORESTRY SCHOLARSHIP is awarded to forestry students based on financial need, demonstrated academic achievement or leadership potential.

STUDENT LIFE AWARD is given to the student selected by the Student Life Staff who has demonstrated an outstanding involvement and participation in campus life.

THOMAS F. "RED" MCGRAW '48 MEMORIAL SCHOLARSHIP established is 1998, is awarded to a student demonstrating financial need from the Capital District of New York State.

TRI-LAKES ENDOWED SCHOLARSHIP was established in 2014 by a generous alumnus. The scholarship is awarded to deserving students with first preference given to students from the Tri Lakes area of northern New York.

VAUGHN DOTY MEMORIAL SCHOLARSHIP was established in memory of Vaughn Doty. He graduated from Paul Smith's College in 1967 and went directly into the army and fought in Vietnam. Friends and family establish this scholarship in Vaughn’s memory, and honors those students who demonstrate campus community service.

VIRGINIA AND MICHAEL ADLER ENDOWED SCHOLARSHIP Need-based scholarships open to all incoming students of regular acceptance. Scholarship amounts range from $500-$1,000.

WILLIAM RUTHERFORD AWARD is presented to the first-year student who has made the greatest contribution to the Paul Smith's Student Chapter of the Society of American Foresters. The award is given by alumni, colleagues, family and friends of William Rutherford, Jr. who served the College as a member of the faculty and as an administrator, and head of the Forestry Division from 1950 until his retirement in 1982.

WILLIAM S. SULLIVAN MEMORIAL SCHOLARSHIPS were established in 1991 in honor of the former Gouverneur, NY owner of White Crystal Quarries by his sister, Ruth Sullivan Greenhaus. The scholarships are awarded to students based upon leadership, academics, and campus community service.

WJ COX SCHOLARSHIP is awarded to a freshman or full-time matriculated forestry student, in good academic standing with New York State residency.


To review additional scholarships opportunities please contact the Financial Aid Office.

Satisfactory Academic Progress Policy (SAP)-Federal and College

Recipients of assistance under the Pell Grant, Federal Work-Study, Federal Perkins Loan, Federal Supplemental Educational Opportunity Grant (SEOG), Federal Stafford Loan, Federal Parent Loan, and Paul Smith's College financial aid programs must also meet minimum qualitative and quantitative academic progress standards. Academic progress is determined by two criteria: the quality of academic achievement as indicated by the cumulative grade point average and progress toward the degree. With the exception of suspended students, continuing eligibility for federal and PSC need-based assistance is reviewed once per academic year, at the end of each spring semester. By definition, suspended students do not meet minimum qualitative academic progress standards.

To make SAP, a Paul Smith's College undergraduate student must earn at least the number of credits and the cumulative GPA indicated in the table below. The credits and average must be earned by the beginning of the term in which the financial aid is to be disbursed.

Qualitative Standards

Total Hours Attempted at PSC

Probation (1)-GPA Below

Suspension (2)-GPA Below

1-18

1.75

1.5

18.5-30

1.75

1.75

30.5-39.5

1.75

1.90

40-59.5

1.90

2.00

60+

2.00

2.00

Quantitative Standards

Total Hours Attempted Including Transfer Credit

Probation Below % Completed

Total Credits Completed

0-30

40%

12-30

31-60

45%

27-60

61-90

53%

48-90

91-120

60%

72-120

121-150

64%

96-150

151-180

67%

120-180

Required Minimum Successful Completion Rate: Please note that financial assistance attempted hours are the same as attempted hours used in determining the student's official enrollment status. Exceptions to the official enrollment status are made for students who add credit hours after the official enrollment (census) date. Such additional hours will be included in the number of financial assistance attempted hours for the term. Students whose overall successful completion rate falls below the required percentage will be placed on academic probation. Students placed on probation have one semester in which to establish satisfactory SAP. Failure to establish satisfactory SAP by the end of the probationary term will result in academic suspension and the loss of financial aid eligibility. Suspended students wishing to return to the College must appeal their academic suspension to the Academic Standards Committee and the loss of their financial aid eligibility to the SAP Appeals Committee.

Courses in which a passing grade is earned are considered successfully completed. Courses in which a failing grade, no pass grade, incomplete grade, withdraw passing, withdraw failing or withdrawal is assigned are not successfully completed.

Students may make up a deficiency in successfully completed credits at their own expense and submit a written request for review of eligibility to the Director of Financial Aid. Such credit hours must count toward the completion of the student's degree/certificate. Please remember all courses taken at another college must be approved in advance by the Registrar's Office.

Maximum Time frame for Completion of Degree or Certificate Requirements: Federal grant, loan, and work study programs are limited to six years or 12 semesters of full-time enrollment, the equivalent part-time enrollment, or any equivalent combination of part-time and full-time enrollment for students pursuing the first baccalaureate degree. Students enrolled in associate degree and certificate programs are limited to three years or six semesters of full time enrollment All prior enrollment periods are considered including those in which students did not receive federal or state financial assistance. To ensure compliance with the above limitations, students enrolled in their first baccalaureate program are limited to 180 attempted credits. Associate degree students are limited to 90 attempted credits.

New York State Eligibility Standards

Satisfactory Academic Progress - New York State Tuition Assistance Program (TAP) Undergraduate

Students receiving funding from New York State Tuition Assistance Program (TAP) must also meet additional TAP satisfactory academic progress (SAP) requirements. Note that the criteria for TAP satisfactory academic progress differs from the federal and College satisfactory academic progress criteria listed in our SAP section.

Per the 2011 enacted New York State budget, there are new provisions for TAP set forth in Chapter 53 of the Laws of 2010:

New York State Standards for Financial Aid Eligibility (for first recipients in 2007-2008 through 2009-2010 and remedial programs).

Baccalaureate Degrees

TAP Points Earned

Cumulative Credits Earned

PSC Cumulative GPA

6-2nd Payment

3

1.1

12-3rd Payment

9

1.2

18-4th Payment

21

1.3

24-5th Payment

33

2.0

30-6th Payment

45

2.0

36-7th Payment

60

2.0

42-8th Payment

75

2.0

48-9th Payment

90

2.0

54-10th Payment

105

2.0

60

No further eligibility

 

Associate Degrees

TAP Points Earned

Cumulative Credits Earned

PSC Cumulative GPA

6-2nd Payment

3

0.5

12-3rd Payment

9

0.75

18-4th Payment

18

1.3

24-5th Payment

30

2.0

30-6th Payment

45

2.0

36-7th Payment

No further eligibility

 

New York State Standards for Financial Aid Eligibility (for first recipients, non-remedial, in 2010-2011 and thereafter).

Baccalaureate Degrees

TAP Points Earned

Cumulative Credits Earned

PSC Cumulative GPA

6-2nd Payment

6

1.5

12-3rd Payment

15

1.8

18-4th Payment

27

1.8

24-5th Payment

39

2.0

30-6th Payment

51

2.0

36-7th Payment

66

2.0

42-8th Payment

81

2.0

48-9th Payment

96

2.0

54-10th Payment

111

2.0

60

No further eligibility

 

Associate Degrees

TAP Points Earned

Cumulative Credits Earned

PSC Cumulative GPA

6-2nd Payment

6

1.3

12-3rd Payment

15

1.5

18-4th Payment

27

1.8

24-5th Payment

39

2.0

30-6th Payment

51

2.0

36-7th Payment

No further eligibility

 

Incomplete and failing grades are included in the number of credits completed per semester. Only passing grades are included in the number of credits earned. For example, to receive your fourth TAP payment under the associate degree standards immediately above, students must:

Be registered for at least 12 new credits

Students who fail to meet the criteria for TAP for satisfactory academic progress will be notified by the Office of Financial Aid

*Only students enrolled in the HEOP program or in approved five year bachelor's program are eligible for ten TAP payments. The maximum number of payments for all students is eight.

Transfer Credits: Credits accepted by PSC from other institutions will be used in determining total credit hours attempted and successfully completed. The cumulative GPA will be determined by the Registrar using only credits attempted at PSC. Transfer coursework accepted into the students' PSC programs will be used to make up completion rate deficits and will raise a student's cum GPA.

Incompletes: Students who convert an incomplete to a passing grade for the course prior to the start of the next regular semester (fall or spring) may submit a written request for review of eligibility to the Director of Financial Aid.

Course Repeats: Students who earn a failing grade in a course may repeat the course until it is passed. Courses in which a grade of D was earned that are repeated more than once can no longer be used for determining completion rate for financial aid neither can the credits be used in determining official enrollment status.

SAP Appeals Process: Student financial aid recipients failing to maintain the qualitative and/or quantitative Satisfactory Academic Progress due to an extenuating circumstance such as serious injury, illness, death or mental health condition involving the student or immediate family member can appeal in writing explaining their circumstance to the Director of Financial Aid. Students must submit documentation with the appeal which confirms this circumstance. All appeals must include why the student failed to make SAP and what has changed that will allow the student to make SAP at the next evaluation. The total number of appeals a student is allowed is three.

When a SAP appeal is denied by Director of Financial Aid, students may appeal to the Satisfactory Academic Progress Appeals Committee which is composed of the Registrar, Director of Student Accounts and the Director of Academic Success Center. Students whose appeals are approved will continue to have their records reviewed at the end of each SAP interval.

Aid for Part-Time Study (APTS)

This program is for part-time students who are enrolled in 3-11 credit hours per semester and provides an average award of $500 per semester to help pay tuition. Application forms may be obtained from the Financial Aid Office and the completed application must be returned to that office for processing.

To be considered a candidate for the APTS assistance, the applicant must:

Independent students with dependents are eligible if their income is less than $80, 000. And APTS recipient must remain in good standing. The award is credited to the student's college account on a semester basis.

Other Awards and Scholarships

Continued eligibility for College funded awards and federal and state financial assistance programs is dependent upon the maintenance of good academic standing and satisfactory progress toward a degree. In order to maintain eligibility for financial aid, the student must progress at a rate that ensures completion of a degree program within a reasonable time frame. The maximum time allowed for completion of a Certificate program is two years, for an Associate Degree is three years, and for a Bachelor's Degree is five years.

Academic Requirements for Title IV Federal Student Aid

Continued eligibility for scholarships and financial aid programs is dependent upon the maintenance of good academic standing and satisfactory progress toward a degree in accordance with the academic policies of Paul Smith's College and the regulations associated with federally sponsored aid programs.

Paul Smith's Scholarships & Grants: Recipients must maintain satisfactory academic progress at the end of each academic year to continue to receive the award. Specific academic guidelines are outlined for some awards.

Satisfactory Academic Progress Policy (SAP) – (Federal and College) - Financial aid recipients are required to maintain Satisfactory Academic Progress (SAP). The College will evaluate SAP after grades are reported at the end of each academic year. This SAP policy applies to all financial aid programs except for the New York State financial aid programs that have a different policy for academic progress and program pursuit. The SAP policy requires that financial aid recipients achieve a minimum number of earned credits and a minimum cumulative Grade Point Average (GPA) after each year.

If you withdraw from a course, it may affect your aid for the next semester/year. The Financial Aid Office strongly encourages you to make an appointment with financial aid before officially withdrawing from a course.

**In addition to maintaining SAP toward the educational objective after each semester, recipients of Federal Student Aid (FSA) cannot receive FSA funding for more than 150% of the minimum time duration for completing their program. The time frame maximum in which a student must complete his/her Associate degree is three academic years; the time frame maximum for a Bachelor's degree is five academic years.

Pell Grant, Supplemental Opportunity Grant, Stafford & PLUS Loans, and Work-Study: The federal requirements for SEOG, Pell Grants, Work-Study, Perkins, Stafford, and PLUS Loans at the completion of each academic year. Cumulative Grade Point Average requirements for recipients of these Financial Aids sources are:

Associate Degree and Bachelor's Degree Candidates:

After 1st Year – 1.50 GPA After 1st Year – 1.50 GPA

After 2nd Year – 1.75 GPA After 2nd Year – 1.75 GPA

After 3rd Year – 1.90 GPA After 3rd Year – 1.90 GPA

After 4th Year – 2.00 GPA

After 5th Year – 2.00 GPA

Complete Withdrawal and Non-Attendance Regulation

Students who withdraw or stop attending their classes prior to the end of a semester without proof of mitigating circumstances will lose their Paul Smith's College funded awards and Title IV Federal Student aid eligibility for their next term of study.

Appeal Procedures for Loss of Title IV Federal Student Aid

Federal regulations allow students the right to appeal the loss of their eligibility to receive Federal Title IV financial aid. The appeal procedures provide students who have experienced extraordinary circumstances beyond their control an opportunity to continue their aid eligibility. Students wishing to appeal must complete an Appeal Application, along with a letter of appeal and two letters of support from staff and/or faculty members who will support your efforts, and submit it to the Financial Aid Office.

Students whose appeal has been denied or who have not appealed and who choose to continue their studies at the College without Federal Title IV student assistance, may request a review of their academic record after the completion of additional credit hours to determine whether they have met the appropriate academic standard. If the standard has been met eligibility for Title IV financial aid may be restored for subsequent semesters.