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Financial Aid for Undergraduate Students

Regis offers educational opportunities to students regardless of their economic circumstances. Financial aid is awarded on a competitive basis, with financial need being the primary factor. Admission decisions are made without regard for financial need, and only after a student is accepted does Regis review the application for financial aid. Financial aid from Regis is intended to supplement the students (and family’s) maximum effort toward meeting the cost of a private college education. Because the need for assistance may exceed the amount of resources available, students should seek scholarships, grants, and/or loans through local, state, or private sources. The Financial Aid Office is located in the Center for Student Services and can be reached by calling 781.768.7270.

Regis offers many types of financial aid. Students may be awarded scholarship funds or funds from one of the federal and state programs in which the university participates. Federal programs include the Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Direct Loan, and Federal Work-Study (FWS). State programs for Massachusetts residents include the Massachusetts State Grant and the Gilbert Grant. Residents of other states may qualify for the scholarship program specific to their state. A student may receive financial assistance from one or a number of these sources, as eligibility and funding allow. Financial aid is awarded on an annual basis, and applicants must reapply for assistance each year. Renewal of a student’s financial assistance in future years is contingent upon the following:

  1. The student must file all application materials by the designated priority filing date.

  2. The student’s financial circumstances, calculated eligibility, and enrollment status must remain consistent with the prior year.

  3. Federal and state sources of funding remain available.

  4. The student is determined to be making “satisfactory academic progress” as defined by Regis and federal regulations governing the financial aid programs.

To remain eligible for Regis need-based grants or federal and state sources of funding, a 2.0 GPA is required. The student must also complete sixty-seven (67) percent of attempted courses.

Regis participates in alternative financing programs that allow the student and/or family to pay through long-term financing or in monthly installments. Further information and applications may be obtained from the Regis website.

All students applying for need-based assistance must complete the Free Application for Federal Student Aid (FAFSA). Regis College, Weston, MA (Title IV Code #002206) must be designated as a recipient of this information.

If interested to apply, The FAFSA must be completed every year and should be completed as soon as possible after applying to Regis. While applications are considered on a rolling basis, financial aid is distributed on a first-come, first-served basis. Regis strongly recommends that returning students file the FAFSA by April 15 (Apply for FAFSA online).

Regis is an active participant in all veteran’s educational reimbursement programs. For the GI Bill® - Yellow Ribbon scholarship program, Regis contributes $35,000 towards Undergraduate tuition and $25,000 for Graduate tuition. These amounts are matched by the Veteran’s Administration. Recipients of this program will also receive a housing and textbook allowance from the Department of Veteran Affairs. The Regis College Veteran Center works collaboratively with students who are enrolled in the VA Vocational Rehabilitation Program - Chapter 31 and their VA employment counselor to successfully pursue their education.

Public Law 115-407, Sections 103 and 104

In accordance with the Veterans Benefits and Transition Act of 2018, section 3679(e) of title 38 (Public Law 115-407), a student who is entitled to educational assistance under Chapter 31, Vocational Rehabilitation and Employment, or Chapter 33, Post-9/11 GI Bill® benefits shall be permitted to attend or participate in the course of education during the period beginning on the date on which the individual provides to the educational institution a Certificate of Eligibility for entitlement to educational assistance under Chapter 31 or 33 (a “Certificate of Eligibility” can also include a “Statement of Benefits” obtained from the Department of Veterans Affairs’ website – eBenefits, or a VAF 28- 1905 form for Chapter 31) and ending on the earlier of the following dates:

  • The date on which payment from VA is made to the institution.

  • Ninety (90) days after the date the institution certified tuition and fees following the receipt of the Certificate of Eligibility.

The University shall not impose any penalty, including the assessment of late fees, the denial of access to classes, libraries, or other institutional facilities, or require the student to borrow additional funds, in order to meet his or her financial obligations to the institution due to the delayed disbursement funding from VA under Chapter 31 or 33.

Full-Time First-Year and Transfer Students

All first-year and transfer students must be admitted before a determination of eligibility for assistance will be made. Students should begin the financial aid application process early, regardless of whether a decision has been made regarding their acceptance to Regis. The FAFSA is required for all students applying for need-based Financial Aid. All financial aid recipients federally selected for verification must submit supporting documentation before an award will be considered as verified. Further instructions will be emailed to the student.

Returning Students

Financial aid recipients must reapply for assistance each year. The FAFSA should be submitted online by April 15 to be considered on time for the priority deadline. Additional documentation will be requested for students selected for federal verification or for whom information is conflicting or different from the prior year. Any additional information should be submitted to the Center for Student Services in College Hall 221.

Additional documents may be found on the Regis website. During the summer, students will be notified via their Regis email to log on to the Regis Portal and view or print their award letter.

Part-Time and Bachelor’s Completion Students

Students who are taking less than a full-time course load (as defined by federal regulation and Regis) may be eligible for some types of assistance. All students must complete the FAFSA in order to be considered for need-based programs. The Office of Financial Aid assists part-time students in identifying which programs are available to them and provides instructions for filing supporting documentation as needed.

Federal Verification

The federal processor determines who is selected for verification. If a student is selected, additional documents will be required and will vary by student and may be required at various times in the process. Read your FAFSA Submission Summary carefully and contact the school to determine what additional information is required.

Types of Financial Aid

Regis College Merit Scholarships

Merit scholarships are awarded to entering full-time, first-year and transfer students on the basis of academic achievement. Several scholarship levels exist to recognize student achievement. The designation of a merit scholarship remains in effect for up to four (4) years of undergraduate study, provided the student maintains the minimum renewal requirements. Eligibility for merit scholarships is limited to a maximum of eight (8) semesters of undergraduate enrollment if the scholarship is awarded to a new, first-year student. If awarded to a transfer student, eligibility is dependent upon the class year at the time of admission (e.g., a transfer student admitted as a sophomore would be limited to a maximum of six (6) semesters of merit scholarships). No determination of financial need is required. International students may qualify for merit scholarships. Scholarships are limited and competitive. Information about deadlines and requirements for scholarships are available on the Regis College website.

Returning Financial Aid

If a student finds it necessary to leave Regis for any reason on or before the sixty (60) percent point of a semester (calculated using calendar days), the unearned portion of the financial aid awarded to the student must be returned according to the provisions of the Higher Education Amendments of 1998. Students attending courses which run less than fifteen (15) weeks in length will have the amount of federal funding to be returned calculated based on the number of days of enrollment.

GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government Web site.