Student Loans for Skidmore Students
About Skidmore College
A member of the prestigious Phi Beta Kappa society due to its outstanding performance as a private liberal arts and science college, Skidmore is located in Saratoga Springs, New York. Established in 1903 as a single-sex, women’s college, it became co-educational in 1971 and now boasts of an extremely diverse student population, with members coming from over 47 states and 46 countries. Its present campus is sprawled over 850 acres of prime land and the student/faculty ratio at this is 8 to 1. Notably, business and psychology are two of the most popular undergraduate majors at Skidmore.
About Skidmore College Financial Aid
Skidmore is a private college; therefore, the quality of education is exceptional and the tuition fees are high. The Skidmore college financial aid program seeks to assist students, yet only 47% of them succeed in obtaining financial assistance. Notably, Skidmore financial aid is given on the basis of demonstrated need and the aid packages available to students include grants, loans and on-campus employment. The funds made available for students by Skidmore financial aid office come from a number of sources, such as the state, private lenders and from the institution itself.
Like the aid program of every other institution, the first step to receiving Skidmore college financial aid is filling out the FAFSA, which can be found at www.fafsa.ed.gov. Remember that most colleges follow a first come-first serve basis, so don’t wait for the college to give you the go-ahead on your admission. Instead, applying for college and financial aid at the same time is usually the best way to go.
Private Student Loans and Skidmore College
The financial aid provided by the college or state is usually sufficient; however, if for any reason you run out of finances and there is no other source available, you can always apply for private student loans. But beware: private loans usually have higher interest rates and stricter repayment terms. To help you find the best private loan, we have provided a Student Loan Comparison Tool so that you can make an informed decision.
Skidmore financial aid offers students merit-based scholarship awards. The available awards include the Filene Music Scholarship and the Porter Presidential Scholarship in Science and Mathematics. In order to access these awards, students must fulfill specific eligibility requirements. As these are merit-based awards, they need to be renewed at the start of every academic year.
Pay for Skidmore College*
|Total Avg. Cost||$54,970|
|Room & Board||$10,986|
|Financial Aid Information|
|Students Receiving Fin Aid||47%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$5,021|
|%Receiving Other Loans||2%|
Get into Skidmore College
Contact Skidmore College
*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics
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