Financial Aid

If you would like to be considered for financial aid for 2010-11, please complete your FAFSA online at www.fafsa.gov.

At Salem College education is one of the most important investments you will ever make. It is an investment not only for today, but also for tomorrow and indeed, a lifetime. While you and your parents are making a financial commitment to your education, Salem makes its own commitment to meet the full, calculated need of ALL our admitted candidates. Together, we can make it possible for you to attain a Salem College degree, a well-known mark of achievement. 

Consider These Important Benefits:

• Women who graduate from college earn 40 percent more than those who don't.
• Studies have shown that women who attend a women's college hold higher positions and earn more money in their careers than other achieving women in coeducational schools.
• Students who earn bachelor's degrees are able to do so sooner at private colleges like Salem than at state institutions, avoiding additional tuition and beginning their careers earlier.

Feel free to browse the links on the left and contact our office if you have questions.

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  Two Scheduled Pells in an Award Year
Effective May 2010

Beginning with the 2009-2010 academic year students are eligible for up to 2 scheduled awards per year of Pell grants. For the summer of 2010, Salem College will pay Pell grant out of the 2009-2010 year (as a "trailer") during the transition period for the new Pell grant awards.  

If students used their first scheduled award and they enroll in a minimum of 6 credit hours they can be eligible for a 2nd scheduled award.  Students must have one hour which would go into their second year.  

For example, Salem defines its year as 24 credit hours; if the student receives a fulltime award in fall 2009 and spring 2010 and enrolls in 6 hours or more in summer they would receive Pell grant, for the summer payment period from the 2009-2010 year, providing they are otherwise eligible.  Pell grants for a payment period may be combined using the first and second scheduled awards if the student is eligible.  

For the summer, 2010 only, no consideration will be given to 2010-11 student eligibility during the cross-over payment period and no consideration will be given to academic progression requirements. (Updated May 2010)

For the summer of 2011, Salem College will consider the term to be a "cross-over" payment period and will pay Pell grant out of the 2010-2011 or 2011-2012, which ever award year provides the student with the most Pell grant eligibility. Students must have a valid ISIR on file for both years used to determine Pell grant eligibility.

The full pell grant policy is available in the Financial Aid Office.