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Financial Aid Application

Bermuda College Financial Aid (BCFA) is a need-based programme that is designed to off-set the total cost of tuition and fees per semester. The level of support provided to an applicant can range from a 25% to 50% discount depending on the level of financial need demonstrated balanced by the budget and number of applications received. Students must submit an application each semester to be assessed for support.

Overview

Application Deadlines

Bermuda College Financial Aid (BCFA) is open to current and new students enrolled in a programme of study with the College. Fall semester applications must be submitted on or before the first Friday in June while spring semester applications must be received on or before the first Monday in December. Late applications will not be processed.

Applicants are advised to register during the early registration period to ensure they meet the BCFA enrolment criteria.

Determination of Need

Financial information is requested and must accompany the application to support the determination of need. A financial worksheet is provided to facilitate documenting sources of monthly income and expenditure. A completed worksheet must be submitted along with the application on or before the application deadline.

Definition of a financial dependency

Applicants are defined as a financially dependent regardless of age if another party has primary responsibility for financial obligations such as housing, food, household bills, etc. In these instances, the financial worksheet must reflect the information of the person responsible for the financial obligations as well as the applicant where applicable.

Applicants may be required to share supporting documentation (pay advices, financial assistance letters, standard bill statements, etc.) with a financial aid representative to verify information contained in the financial worksheet. Any documents shared will be returned to the applicant once verification is completed.

Application Process

There are three steps to the application process:

(1) Submission of a complete application, including the Financial Worksheet. Access a copy of the worksheet by clicking the hyperlinked text (red writing) then complete and save the form. Upload the saved document when asked to upload files in the application. Submit on or before the published deadline.

(2) Meet the published eligibility criteria: Bermudian, programme of study, enrolment in at least 6 credits, GPA of 2.00 or higher

(3) Participate in an interview with the Financial Aid committee, if requested

Applicants seeking book support are encouraged to first visit the College Bookstore with their printed schedule for the upcoming semester. Note the books required including the title, edition, and cost for each course. Then complete the Request for Book Support form and upload it with your application if possible. If the information is not available at the time of application, complete the recommended steps and then email the completed form to financialaid@college.bm for review by the Committee.

Please note that applicants selecting the Ex-Foster Care Tuition Waiver support option, must qualify as a traditional student (24 years or younger) at the time of application.

Confidentiality

The Financial Aid committee recognises the sensitivity of the information shared during this application process and restricts access to committee members only. The Committee membership includes the Director of Counselling & Student Activities and the Administrative Assistant to the Counselling & Career Centre. A Counsellor may serve on the committee for training purposes and to serve as a designate in the absence of the Director.