Apply for Financial Aid
Bates offers need-based aid to make your education affordable.
We recognize the challenges families face in managing costs. This is why we offer need-based financial aid to eligible admitted students, and why we meet the full calculated need of our students. We recognize that each family’s circumstances are different, and for that reason, we encourage any family concerned about paying for college to apply for institutional need-based financial aid.
Bates uses the Institutional Methodology guidelines of the College Board to measure family ability to meet college costs and determine eligibility for Bates institutional grant aid. We carefully evaluate family finances, considering factors such as family income and asset strength, family size, the number of siblings enrolled as undergraduate college students, and unusual or emergency expenses that can be documented. Private secondary school expenses for younger siblings are not factored into our evaluation. A family’s contribution comes mainly from parent income and assets, but also includes a contribution from the student’s expected summer earnings and savings. Other resources such as tuition benefits offered through a parent’s employer are also included in the family’s contribution. The family contribution subtracted from Bates’ cost of attendance equals financial need.
Bates meets 100 percent of the calculated need of our enrolled students through a combination of grant aid, student loans, and student employment. Student loans and/or employment assistance may be offered if a student’s calculated need is low.
When parents are divorced or separated, a contribution from the student’s noncustodial parent is included as part of the calculated family contribution. The noncustodial parent’s ability to contribute is measured in the same manner as the custodial parent’s, according to income and asset strength. A parent’s willingness (or unwillingness) to contribute toward educational costs is not a factor in our determination of financial aid eligibility, nor is eligibility affected by payment agreements that exist between the custodial and noncustodial parent.
Noncustodial parents must complete the College Board Noncustodial PROFILE and provide copies of their federal income tax returns and W-2 forms to Student Financial Services.