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. When am I notified of my financial aid?
  4. How many students receive financial aid?
  5. Can my financial aid change during my time at Puget Sound?
  6. 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 $13,000 to $24,000 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.

Net Price Calculator: 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                        November 15
Early Action                            November 15
Regular Decision                   January 15

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3. 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                      December 15
Early Action                          January 15
Regular Decision                  March 15

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4. 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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5. 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 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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 6. Can I use my financial aid if I study abroad?

Effective Fall 2018, students studying abroad will be able to apply both need-based and merit-based financial aid, including Puget Sound scholarships and grants, to their study abroad program.  Program fees will be assessed for study abroad based on the cost of individual study abroad programs relative to the cost of Puget Sound tuition, and are used to support students prior to and during their study abroad experience. There are three program fee tiers, ranging between $300 up to $2400, with the majority of program fees falling at the $300 tier. 

For more Information, please contact the office of International Programs.

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