Tufts University Financial Aid
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Types of Aid


Awards Source Eligibility Comments

Grants
Tufts Grants Tufts Undergraduates (UG); Financial need Over 37 percent of last year's entering class received more than $16 million in total aid, $14.6 million (88 percent) of which was grants.
Tufts National Merit Tufts National Merit Finalists Non-need based awards up to $500; Need-based awards up to $2,000.
Federal Pell Grants Federal UG; Exceptional financial need Awards from $400 - $5,550/yr. Eligibility ends after 12 semesters.
Federal Supplemental Educational Opportunity Grant (SEOG) Federal UG; Exceptional financial need; Primarily for Pell recipients Awards from $200 - $4000/yr.
GI Bill Yellow Ribbon Program Federal Eligible U. S. Veterans $5000 Tufts grant matched by $5000 from the federal Yellow Ribbon Program
ROTC - Army, Air Force, Navy Federal UG; Chosen by Army, Air Force, or Navy Cross register at MIT; Four-year tuition scholarships available as well as partial scholarships.
Mass Grants & Gilbert Grants Comm. of Mass. UG; Massachusetts residents; Financial need; Meet state deadlines UG only; Awards from $300 - $2,400/yr

Gilbert average is $2,436
Other State Scholarships Various States UG; Financial need; Meet state deadlines Residents of AK, CT, DC, ME, MD, NH, PA, RI, VT may be eligible.

Loans: See also Student Loans
Federal Direct Stafford Loans - Subsidized Federal Financial need Interest rate for 2012-2013 is 3.4%; 10-yr repayment; 6-mos. grace period.
Federal Perkins Loans Federal, Tufts Exceptional financial need 5% interest; 10-yr repayment; 9-mos. grace period.
Tufts Loans Tufts Financial need $500 - $2000/yr; 7% interest; 5-yr repayment.

Work: See also Student Employment
Work Study: Federal & Tufts Work Study Federal, Tufts Financial need for Federal Work Study only Students paid weekly. Student Employment Office helps students find positions. Wages subsidized by program. Average award for 2008-2009 was $1,851. Click here to search the job database.
      For more detailed info on Federal aid, please review the government publication called The Student Guide.

Taxability of Financial Aid

Scholarship aid in excess of tuition and required fees is subject to federal income tax. Student Loans are not taxable. Federal Work study earnings are taxable. Students should consult with their tax adviser for further clarification on whether their aid is subject to federal or state income taxes. For more information on Educational Tax Credits, please view the IRS publication on this subject or visit the IRS at www.irs.gov.
  Financial Services - Financial Aid, Dowling Hall 7th Floor, Tufts University, Medford, MA,  02155  |  Tel: (617) 627-2000  |  Email