Policy on Outside Funding
Skidmore College allows a student to receive the full benefit of an outside scholarship and will reduce a student's loan and/or work-study and/or family contribution by the full amount of the outside scholarship. A student's total aid package cannot exceed a student's cost of attendance in a given year. When all grants and scholarships exceed the cost of attendance, the Skidmore grant will be reduced.
Policy on Health Insurance
Skidmore requires that all registered, full-time students carry health insurance coverage, either through the Skidmore Health Insurance Plan, or through another plan which provides comparable coverage. Students who do not qualify to waive participation in the Skidmore Health Insurance Plan may qualify for additional Skidmore grant funds to cover the cost of the Skidmore Health Insurance Plan depending upon their financial circumstances.
Policy on Travel Allowance
Students are expected to pay for their own travel expenses from summer or academic year earnings.
Students taking a semester abroad are not able to participate in work-study during that semester and may borrow a student loan to replace the $1,300 work-study award.
Policy on Student Contribution
Students are expected to work over the summer and contribute toward their travel expenses, books, personal expenses and supplies. The minimum summer earnings expectations are:
First Year: $2,000
Second Year: $2,200
Third Year: $2,300
Fourth Year: $2,400
Requirements Associated with Maintaining this Award
Students must meet minimum standards to remain in good academic standing at the College. Reapplication annually includes a FAFSA and CSS Profile.