Tuition/Scholarship

Answers to various questions regarding the SMART Scholarship application process. Includes many tips and statistics.
Guest12345

Tuition/Scholarship

Post by Guest12345 »

How does SMART pay for tuition? Does SMART pay for the full price of attendance or does SMART pay the difference after scholarships already obtained are applied? Also, does SMART pay for room and board as well?

Money

Re: Tuition/Scholarship

Post by Money »

Guest12345 wrote:How does SMART pay for tuition? Does SMART pay for the full price of attendance or does SMART pay the difference after scholarships already obtained are applied? Also, does SMART pay for room and board as well?
SMART pays your school an amount equal to the mandatory tuition and fees. If you have other scholarships, those funds can then be applied to room and board, other fees, or refunded to you as cash. The rules for what your school is allowed to do form you will vary by scholarship.

SMART does not limit the outside funding you receiving, all they say is that SMART funds can never be refunded to you by the school and never applied to optional fees (like room and board). SMART pays you a set stipend that you can use for room and board and an additional allowance for optional fees, like books and health insurance (which you can spend on alternate things if you choose).

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