Policy on Outside Funding
Outside funding or awards may be used to reduce a student's work-study contribution and/or their summer work contribution. Funding in excess of $4,700 (for the first year) will reduce the Vassar scholarship.
Vassar expects students who are eligible for GI Bill Educational Benefits to use them towards their undergraduate costs. These benefits will be used to first reduce a student’s work-study contribution and their summer work contribution before the Vassar scholarship is reduced.
Policy on Health Insurance
Vassar requires all students to have health insurance, either through their parents or another plan. If the student is not covered by a parental plan, the Vassar scholarship will be increased to cover the $3,310 student insurance plan.
Policy on Travel Allowance
The costs associated with transportation to and from college at the beginning and end of each semester are factored into the Cost of Attendance and the financial aid offered. The amount will vary depending on the distance between home and Vassar. It is expected that this expense will be paid for from the student contribution and/or work-study.
Policy on Student Contribution
Students are expected to contribute 25% of their personal savings toward college expenses. This will be used along with work-study and summer income to cover the costs of travel, books, supplies, personal expenses, and any remaining balance on your student account bill. The cost of travel will vary depending on student location.
The expected contribution from student summer work will increase after the first year, as follows:
First year: $3,000 (work-study), $1,700 (student contribution)
Second year: $3,000 (work-study), $2,000 (student contribution)
Third year: $3,000 (work-study), $2,000 (student contribution)
Fourth year: $3,000 (work-study), $2,000 (student contribution)
The work-study amounts are based on working 8-8.5 hours per week during the semester. The student contribution can vary yearly based on reported student assets.
Requirements Associated with Maintaining this Award
In order to maintain this award, students must reapply for financial aid each year and maintain satisfactory academic progress toward graduation.