The expense of an education at Trinity is often more than the student and his or her family can meet during the four undergraduate years. The College recognizes this and has therefore established a substantial program of financial aid designed to provide assistance to deserving young men and women who desire to study at Trinity, but whose resources are insufficient to meet the total cost of education.
Central to the College’s program is the concept of financial need. The College assumes that the parents and the student together will accept responsibility for as great a share as possible of the total educational costs. Where such family resources are inadequate, the College will provide supplementary assistance to those students. Approximately 45 percent of Trinity’s undergraduates are receiving financial help from College, federal, or state funds.
Funds to support the program of financial assistance come from several sources. A portion of the College’s endowment has been specifically reserved for scholarship purposes. These funds are augmented by the College, which allocates a part of its annual operating income toward the maintenance of the program. Gifts from alumni, parents, and friends are an important source of funds for scholarship and loan purposes as well. The United States government has made available additional funds under federal higher education legislation to supplement the College’s resources.
In general, Trinity awards financial aid as a “package,” i.e., each recipient is normally expected to meet part of the financial need through term-time employment and the use of loans, with the balance coming in the form of a grant. Usually the student is expected to meet a greater share of the need through term and summer employment and/or borrowing as he or she progresses throughout the undergraduate years. The College does, however, adjust the composition of the aid package to meet the unique needs of each student and his or her family. Specifically, the aid package may consist of one or more of the following:
Each financial aid award is made for a single academic year only. However, the student who receives assistance from the College at the time of admission can be assured that continued aid will be forthcoming throughout the undergraduate years so long as the student is making satisfactory academic progress and continues to demonstrate financial need.
All need-based financial aid is awarded on the basis of:
In order to be given consideration for financial assistance, a candidate for the first-year class must indicate interest in financial aid on the Common Application. Candidates must submit both the FAFSA and the CSS/Financial Aid PROFILE along with supporting documentation. Candidates interested in applying only for federal and/or state financial aid need only submit the FAFSA.
Renewal of need-based financial aid is based upon the following factors:
Each recipient of financial aid who wishes to apply for a continuation of assistance must do so by April 15 of each year. All necessary renewal forms may be obtained online or from the Financial Aid Office in late fall through early spring. Notification of renewal will usually be made by July 1. The following items must be submitted:
Members of the financial aid staff are available to counsel students and their families about financial matters. The College endeavors to maximize the use of its resources so that as many needy and deserving students as possible are helped each year. Students in the upper classes who wish to be considered for financial aid are urged to adhere to filing instructions and deadlines listed on the Financial Aid Office Web site.
Applicants who seek aid from the College are also advised to investigate opportunities in their communities. Various states and local banks offer low-rate loan programs, and state supported scholarship programs. Numerous company and corporation scholarship plans are also open for application.
In addition, low-cost educational loans are available to student and parent borrowers through the Federal Direct Stafford Loan and Federal Direct Parent Loan for Undergraduate Students (PLUS) programs, respectively.
The Financial Aid Office maintains an online database for those students who are offered employment as part of their financial aid packages. Ordinarily, student jobs do not require more than eight or 10 hours of the student’s week and will not interfere with the student’s academic schedule.
There are also numerous opportunities for off-campus community service employment in the Greater Hartford area. These positions are included in the online database maintained by the Financial Aid Office.
Students admitted to Trinity who intend to study under Veteran’s Educational Benefits should, upon admission to Trinity, communicate with their Regional Office of Department of Veterans Affairs (1-800-827-1000) to request an Application for Education Benefits. In addition, veterans (or the dependents of veterans) should complete and submit the Trinity College Veterans Benefits form available on the Financial Aid Office website.
Trinity College is a participant in the VA Yellow Ribbon Program (Chapter 33) for qualifying veterans. Up to 10 qualified Chapter 33 applicants will be awarded up to $15,000 per year on a first-come, first-served basis. Contact the Financial Aid Office for details.