Financial aid and other funding for undergraduate students enrolled at The College of Art and Design and the College of Liberal Arts and Sciences.
Financial aid and scholarships take a variety of forms, including guaranteed Merit Scholarships that are based on academic and artistic achievements. Donor-funded scholarships, need-based grants, and work-study can significantly reduce your education costs. Financial aid for adult learners completing their undergraduate degree is also available.
We award incoming, full-time undergraduate students — first-year and transfers — a merit scholarship based on the strength of their academic record.
We have also partnered with organizations to offer community
scholarships, including the Urban Scholars Initiative, to first-year students. Learn more about available undergraduate merit and community scholarships.
If you completed our four-week Young Artists Residency, or have taken three or more of our Pre-College classes, you'll receive a one-time award of $1,000 upon enrolling as an undergraduate. In addition, if you are a Young Artists Residency alumnus/a planning to apply for undergraduate admission, you can enroll in one Online Portfolio Preparation class for free, except for the $30 registration fee, for about $125 in savings.
Through the generosity of donors and organizations, endowed and scholarship funding is available to our enrolled students to offset educational expenses. All students should apply for consideration regardless of GPA, financial need, or area of study.
We encourage you to research and apply for private scholarship funding. We have put together a list of private scholarships and search resources applicable to you as an undergraduate student.
Grants are free money that you do not have to pay back. To receive your maximum eligibility for institutional, federal and/or state grants, you must register for all classes, including independent studies, and must have submitted completed consortium agreements before the end of each semester’s add/drop period.
You may be eligible for the following grants:
The Lesley University Grant
The Federal Pell Grant is a need-based federal grant for first-time bachelor's degree students. Eligibility is determined by criteria established by the U.S. Department of Education and the enrollment status of the student. The maximum Pell Grant amount for 2014-2015 is $5,730. You apply for the Federal Pell Grant by completing the FAFSA.
State GrantsSeveral states assist undergraduate students with their education. Since Lesley University has agreements with grant agencies in Massachusetts, Connecticut, Maine, New Hampshire, Pennsylvania, Rhode Island, and Vermont, funds from these states may be disbursed to our students. Learn more about applying for State Grants and Scholarships.
Federal loans help students finance a college education by borrowing federally backed funds at a reasonable interest rate. Federal Direct Stafford Loans and Federal Perkins Loans do not require a credit history or credit check. These loans are in the student's name only.
Federal Direct Stafford Loans (Subsidized and Unsubsidized) There are two types of Federal Direct Stafford Loans: Subsidized and Unsubsidized. The Federal Direct Subsidized Stafford Loan is a need-based loan program available to eligible aid applicants. With this loan, the interest is subsidized by the federal government and does not accrue interest while the student is enrolled in school on at least a half-time basis. The Federal Direct Unsubsidized Stafford Loan is available to those students who do not qualify for the Federal Direct Subsidized Stafford Loan. The interest for the unsubsidized loan is paid by the student while enrolled on at least a half-time basis or it may be deferred (capitalized onto the principal loan balance) until repayment begins. The interest rate is set annually based on the high yield 10-year Treasury notes plus 2.05%, but caps that rate at 8.25%. The rate for 2014-2015 is 4.66% There is an origination fee of 1.051% that is deducted from each loan type before the funds are sent to Lesley University on the student's behalf. Bachelor's degree candidates may qualify for $5,500 to $12,500 per year depending upon their grade level in school and dependency status. Repayment begins six months after the student is no longer enrolled at least half-time. Lesley University participates in the William D. Ford Direct Loan Program, which means that Federal Direct Stafford Loans are borrowed directly from the U.S. Department of Education. You apply for Federal Direct Stafford Loans by completing the FAFSA.
The Federal Perkins Loan Program is a federally subsidized loan offered to students with demonstrated need. The interest rate is fixed at 5%. Repayment begins nine months after the student is no longer enrolled full-time. If you are eligible for the Federal Perkins Loan it will be included on your Financial Aid Award Letter. You can then decide whether or not you would like to utilize the Federal Perkins Loan Program. The Office of Financial Aid will contact you as to when the promissory note and information counseling sessions will be made available for completion.
The Massachusetts No Interest Loan (NIL) Program was created for eligible Massachusetts residents attending post-secondary educational institutions in Massachusetts. The state-funded NIL program offers zero interest loans to assist students in meeting educational costs. Repayment begins six months after the student graduates, leaves school, or ceases to be enrolled at least half time. If you are eligible for The Massachusetts No Interest Loan, it will be included on your Financial Aid Award Letter. You can then decide whether or not you would like to utilize The Massachusetts No Interest Loan Program. The Financial Aid Office will contact you as to when the promissory note and information counseling sessions will be made available for completion.
The Federal Work-Study Program offers eligible students in on-campus programs the opportunity to earn part of their personal expenses through part-time, on-campus or qualifying off-campus employment. Awards traditionally do not do not exceed $1800 per year.
The Lesley Works Program is available to students who have not applied for financial aid or who did not receive Federal Work-Study. On-campus student jobs will be listed by our office. You may also wish to contact the Career Resource Center for a listing of off-campus employment.
Please visit Student Employment for more details on Federal Work-Study and Lesley Works Programs.
If you decide to continue your full-time studies in one of our campus-based graduate programs immediately following graduation, you may be awarded 12 free credits toward your master's degree. Review the criteria for receiving The Lesley Dividend award.
When the types of financial aid discussed above do not meet the full annual expense of your Lesley University program, you may wish to pursue additional financial options such a Federal Parent PLUS Loan or a private alternative loan. Visit Additional Financial Options for more details on these options.
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Types of Financial Aid
Additional Financial Options
Study Abroad Aid
Sage Scholars Tuition Rewards
Loan Forgiveness Programs
Loan Repayment Options
Financial Aid Policies
Frequently Asked Questions
14-15 Financial Aid Award Guide
13-14 Financial Aid Award Guide
Lesley University changed its undergraduate tuition pricing model effective Fall 2014 for full-time new and returning students in its traditional undergraduate programs. Learn more »
Pay for your education in smaller, more affordable increments. Interest-free monthly payment plans are administered by our Student Accounts Office through a partnership with Tuition Management Systems (TMS), and are a great way for you to manage the cost of your education.