Info for Parents Counselors

Financial Aid and Scholarships

  1. What types of financial aid does Puget Sound offer?
  2. How do I apply for financial aid? When do I need to submit my financial aid application?
  3. Why do ED I and ED II applicants need to submit the CSS profile?
  4. When am I notified of my financial aid?
  5. How many students receive financial aid?
  6. Can my financial aid change during my time at Puget Sound?
  7. Can I use my financial aid if I study abroad?

 

1.What types of financial aid does Puget Sound offer? 

Puget Sound offers both need-based and merit-based aid. Students are automatically considered for merit scholarships when they apply to Puget Sound. Merit scholarships range from $5,000 to $20,000 a year, each year, renewable for up to five years. Students can also apply for two full tuition scholarships: the Lillis and the Matelich. Learn more about Puget Sound's merit-based aid.  

Student eligibility for need-based aid is determined by the Free Application for Federal Student Aid (FAFSA) and is composed of grants, work-study employment, and loans. For information on these types of aid, visit our financial aid website.

Find out what your aid package from Puget Sound may look like.

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2. How do I apply for financial aid? When do I need to submit my financial aid application? 

All students seeking need-based aid should submit the FAFSA with your application. Specific deadlines for financial aid are as follows:

Early Decision I*                       February 1
Early Decision II*                      January 15
Regular Decision                       February 1

*Note: Early Decision I and II students submit the CSS Profile with their application, and then submit the FAFSA after January 1.

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3. Why do ED I and ED II applicants need to submit the CSS profile?

Due to the fact that the FAFSA is not available until January 1, Puget Sound uses the CSS Profile to evaluate Early Decision I and II student’s eligibility for financial aid.  The College Scholarship Service (CSS) Profile is distributed by the College Board and used by private institutions. The CSS Profile provides comparable information to the FAFSA concerning an applicant and his/her family’s financial circumstances. Learn more about the CSS Profile.

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4. When am I notified of my financial aid? 

Once admitted to Puget Sound, students will receive an acceptance packet that contains their admission decision and financial aid information. Notification dates are determined by the specific admission decision of the applicant as follows:

Decision Plan                       Notification Date

Early Decision I                     December 15
Early Decision II                    February 15
Regular Decision                   April 1

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5. How many students receive financial aid? 

Approximately, 90% of students receive financial aid (which includes academic scholarships and/or need-based aid) and 65% of students receive need-based aid.

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6. Can my financial aid change during my time at Puget Sound? 

In order to remain eligible for federal, state, and university need-based financial aid, a student must continue to demonstrate financial need by completing the FAFSA (Free Application for Federal Student Aid) each year. The amount of need-based financial aid a student is eligible to receive each year may vary depending on their level of financial need and/or other scholarship or grant assistance received. Learn more about Financial Aid eligibility.

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7. Can I use my financial aid if I study abroad?

Puget Sound scholarships and grants are available for use on study abroad programs to students who demonstrate financial need. Students who complete the Free Application for Federal Student Aid (FAFSA) and demonstrate financial need may use, in conjunction with federal and state aid, their Puget Sound scholarships up to their level of financial need. Students who do not complete the FAFSA or demonstrate financial need are not eligible for Puget Sound scholarships during their semester abroad. Please consult with Student Financial Services to determine if a portion or all of your scholarships and grants will be available for study abroad through Puget Sound.

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