We live in difficult economic times filled with challenging financial trade-offs. There is no guarantee with regard to any investment, but the evidence on education is clear: The more education you obtain, the better off your job prospects andfuture earnings. Our research suggests that college is not only worth it; it’s probably going to be the best investment a person makes in a lifetime. (Hamilton Project at the Brookings Institution, www.brookings.edu).
By Michael Greenstone and Adam Looney
Los Angeles Times, August 15, 2011
For Residential Students
Are you a graduate or continuing studies student? Click here for financial aid information.
- Numerous forms of financial aid are available through Stephens and the state and federal governments.
- Stephens College awards more than $9 million in financial aid to students each year.
- More than 98% of Stephens students receive some form of financial aid.
- Through the Office of Accounting, you may choose from flexible payment options.
- Our Office of Financial Aid works closely with each family to determine the best way to make a Stephens education affordable. Please don't hesitate to contact us for more information.
Clearly a college education and its benefits aren't free, but Stephens College will help you find the resources you need to make it affordable. That's why it's important to look past the "sticker price" of a college and work closely with our Financial Aid office to learn about the resources that are available.
The direct costs for a full-time student in residence at Stephens College for the 2013-2014 academic year are listed below.
|2013-2014 Annual Fees|
|Tuition and General Fees||$27,954|
|Board (range from All-Flex to Unlimited Meal plan):||$2,000-$3,468|
|Total Direct Costs||$33,824-$39,452|
In addition to direct costs, families should plan for indirect costs such as books and supplies, personal expenses and travel allowance.
Note: All-Flex board plans are available only to students living in an apartment.
Scholarships and Grants at Stephens College
Stephens College offers a variety of scholarships, awards and grants based on academic merit, extracurricular activities, leadership and athletic performance. Scholarships, awards and grants are made possible by the generosity of Stephens College alumnae and friends. Merit-, activity- and leadership-based aid is awarded by the Office of Admissions based on materials submitted with applications for admission. Athletic scholarships are determined by recommendations from the head coach of each sport and are reviewed by the Athletic Scholarship Committee. Please contact the Office of Admissions for details. All Institutional Scholarships and grants are only for Fall and Spring terms. No institutional Aid is available for Summer terms.
The scholarships and awards below range from $1,000 to Full Tuition.
Community Engagement Award (cannot be combined with athletic scholarships)
Phi Theta Kappa Scholarship
Transfer Presidential Scholarship
Additional Stephens Scholarships funded by alumnae and friends
The following grants may be awarded to qualified students based on financial need.
Students must complete the FAFSA to be considered for each grant. Funds that are limited will be awarded on a first-come, first-served basis by FAFSA receipt date.
|Access Missouri Grant||Missouri resident; demonstrated financial need determined by student’s Expected Family Contribution (EFC) on the FAFSA; financial aid paperwork submitted by April 1; funds awarded by the state of Missouri; students must retain a 2.5 cumulative grade point average for renewal||Amount determined annually by state of Missouri|
|Federal Pell Grant||Demonstrated financial need; must complete FAFSA. Funded through Federal Title IV aid progams.||$574-5,645 per year|
|Federal Supplemental Educational Opportunity Grant||Federal Pell Grant recipient; demonstrated exceptional financial need; funding is limited. Must complete FAFSA. Funded through Federal Title IV aid progams.||Up to $500 per year|
|Stephens Grant||Full-time student; demonstrated financial need.||Amounts vary based on need|
Other non-need based grants include:
|A+ Award||Awarded to students who demonstrate successful completion of the Missouri higher education A+ program.||$1,000 per year|
|Midwest Student Exchange Program Grant (MSEP)||Freshmen residing in Kansas, Michigan, Minnesota, Missouri, Nebraska, N. Dakota and Wisconsin; student must indicate "MSEP Applicant" on Application for Admission; msep.mhec.org||10% of tuition each year|
|Sister Grant||Full-time residential, undergraduate student with a sister concurrently enrolled at Stephens as a residential undergraduate.||
$500 per year
Some of the following forms of financial aid are awarded to qualified students based on financial need. Students must complete the FAFSA to be considered for each need-based program. Funds that are limited will be awarded on a first-come, first-served basis by FAFSA receipt date.
|Federal Perkins Loan||Demonstrate financial need; must complete the FAFSA; funding limited. Funded through Federal Title IV aid progams.||$1000-$2000 per year|
|Federal Subsidized Stafford Loan||Demonstrate financial need; must complete the FAFSA. Funded through Federal Title IV aid progams.||$3,500-$5,500 per year|
|Federal Unsubsidized Stafford Loan||Non-need based loan program. Funded through Federal Title IV aid progams.||$2,000 - $7,000 per year (undergrad)
|Federal Work Study Program||Demonstrate financial need; must complete the FAFSA; funding limited. Funded through Federal Title IV aid progams.||Up to $1,680 per year|
|Parent Loans (PLUS)||Parents of dependent students who are enrolled at least half time. Funded through Federal Title IV aid progams.||VARIES|
|Stephens Work Study||Institutional Work program; must complete the FAFSA form; limited funding||Up to $1,680 per year|
|Alternative Loans||Credit-based loans. Students may need a credit-worthy cosigner.||VARIES|
loans are credit-based loans for which students may need a credit-worthy
cosigner. The amount of these loans vary, but are typically the
cost of attendance minus financial aid.