Financial Aid Brochure

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Overview Welcome

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The cost of an Endicott education

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The benefits of an Endicott education

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Applying for financial aid

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Reduce your cost

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Financing options

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FAQs

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College financing checklist

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We’re here to support you.

Congratulations on being admitted to Endicott College!

It’s an exciting time filled with anticipation, aspirations, and even a little anxiety about the financial aid process and how you will pay for the next four years. We are here to ensure you have the knowledge and support you need to make informed decisions about financing your education.

Our goal is to make the process clear, approachable, and centered on your success.

This brochure will help you: 1. Understand your Net Cost 2. See how aid reduces cost 3. Identify next steps and payment options

SCAN to learn more.

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The Cost of an Endicott Education When considering the cost of your education, it’s important to understand the whole picture, including the difference between the Cost of Attendance (COA) and Net Cost.

You want to focus on the Net Cost when determining what you need to fund for college.

Estimated Net Cost = Cost of Attendance – Financial Aid (Grants/Scholarships/Loans)

WHAT WILL YOU PAY? 2026–27 Academic Year Visit us at upcoming admitted student events to discuss your estimated Net Cost in more detail.

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Costs Payable to College: Tuition = $43,264 Housing = $12,895 Meals = $5,814 Comprehensive Fees = $950

Understanding your net cost helps you evaluate your return

Other Estimated Costs: Books = $1,364 Transportation Allowance = $1,000 Miscellaneous Personal Expense Allowance = $1,000

The Benefits of an Endicott Education College is expensive.

You want it to pay off.

Nothing demonstrates this better than our graduate outcomes:

With a pioneering internship program, extensive study abroad and leadership opportunities, and outstanding career preparation, students will graduate with the Endicott Experiential Edge—an impressive degree, real-world work experience, and career guidance that gives them a competitive edge in the job market and a solid return on their college investment.

100% of students complete three internships 99% within six months of graduation of students receive job offers

89% to their majors*

of graduates found work related

84% Edge prepared them for their current role* of graduates say the Endicott Experiential

55% their internship site or contact*

of graduates landed jobs through *Graduating Class of 2024

ranking for Co-ops/Internships #17 National (2026, U.S. News & World Report)

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Applying for for financial aid FAFSA The FAFSA is the first step in determining eligibility for most types of financial aid, including grants, scholarships, work opportunities, and federal loans.

• The FAFSA should be completed each year

• Use Endicott’s School Code: 002148

• Families are encouraged to file as early as possible (Typically October 1st)

• FAFSA can be completed at studentaid.gov

Reduce Your Cost In order to qualify for Federal, State, and Institutional Need-Based Aid, a student must file a Free Application for Federal Student Aid (FAFSA).

Who can apply for Financial Aid?

How is eligibility Determined?

Most admitted students are eligible to apply for financial aid.

Financial need is calculated using the following formula:

Students Must:

• Be a U.S. Citizen or eligible non-citizen • Be enrolled in an approved degree program

• Maintain satisfactory academic progress

• Be full-time to maintain institutional

need-based grants and scholarships

• Cost of Attendance – Student Aid Index (SAI) = Financial Need

• SAI is determined by the

information reported on the FAFSA

What happens after I submit my FAFSA?

• Endicott will evaluate your eligibility for financial aid

• You may be asked to submit additional documentation.

Monitor your email!

• You will receive a financial aid offer 6

outlining available assistance

GRANTS AND SCHOLARSHIPS—MONEY YOU DON’T HAVE TO PAY BACK! Grants and scholarships are applied directly to your bill and lower your Net Cost.

These funds do not need to be repaid and are often the most important part of a financial aid offer.

ENDICOTT GRANTS

• Awarded based on financial need and merit, including multiple students enrolled in an undergraduate degree program

• Available to full-time students • FAFSA required each year ENDICOTT MERIT SCHOLARSHIPS

• Awarded at the time of admission • Based on academic achievement • Renewable for up to eight semesters with specific GPA requirements

SCAN to learn more.

OTHER SCHOLARSHIP OPPORTUNITIES

• Endicott accepts outside scholarships in addition to Endicott-provided scholarships and grants

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Reduce Your Cost (continued) GRANTS

WORK OPPORTUNITIES

FEDERAL PELL GRANT

Earn money to help with personal expenses

• Awarded by the federal government • Based on financial need • Amount varies by student based on Student Aid Index

STATE GRANT

• Availability varies by state • Massachusetts residents may be eligible for Mass Grant

• Amount varies by student based on Student Aid Index

Some students choose to work on campus to help cover personal or indirect expenses.

Earnings are paid directly to students and are not applied to the tuition bill automatically.

FEDERAL WORK-STUDY

CAMPUS EMPLOYMENT

• Based on financial need • Provides access to on-campus

• Available to students regardless

job opportunities

• Paid through a bi-weekly paycheck

of work-study eligibility

• Positions available across campus • The Wylie Inn • Tupper Manor • Misselwood Events

SCAN to learn more.

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Financing Options Here are some ways to consider financing an Endicott Education:

LOANS Borrowed funds that must be repaid.

FEDERAL STUDENT LOANS

PAYMENT PLANS INTEREST-FREE MONTHLY PAYMENT PLAN Endicott offers an interest-free, debt-free monthly payment plan to help families manage this cost over the course of the academic year.

Rather than paying the semester balance all at once or borrowing more than necessary, families can spread payments across several months. This approach can help keep education costs more manageable.

The monthly payment plan can be used on its own or in combination with financial aid and loans, depending on what works best for your family’s budget.

Why do families choose the payment plan?

• Predictable monthly payments • No interest or long-term debt • Helps limit student and parent borrowing

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SCAN to learn more.

• Offered to students who complete the FAFSA • Generally have lower interest rates and flexible repayment options • Subsidized Loans = no interest until student graduates • Unsubsidized Loans = interest begins accruing as soon as the loan initially disburses • Interest rates are set annually by the federal government • Origination fee is added for processing • Fixed Amounts: • $3,500 for First-Year • $4,500 for Sophomore • $5,500 for Juniors and Seniors

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Financing Options

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FEDERAL PARENT LOAN FOR UNDERGRADUATE STUDENTS (PLUS) LOAN

• Credit-based borrowing option • Sponsored by the federal government • Must be a parent of a dependent undergraduate student • Beginning in July 2025, parents may borrow up to a maximum of $20,000 per year • Lifetime eligibility limit of $65,000 for each dependent student enrolled in undergraduate program

• Interest rate is set annually by the federal government • Origination fee associated with processing

PRIVATE STUDENT LOANS Compare options and borrow carefully.

Private Student Loans are offered by banks, credit unions, and other private lenders.

Before choosing a private loan, families should:

• Compare interest rates carefully • Rates may be fixed or variable and can vary significantly based on credit history and whether a co-signor is used

• Understand repayment terms • Some loans require repayment while the student is enrolled; others allow deferment • Interest may accrue while the student is enrolled • Ask about fees and borrower protections • Understand if there are any origination fees, late payment penalties or options

To help families compare private loan options, Endicott partners with Elm Select, a tool that allows you to review multiple lenders, interest rates, and repayment terms in one place.

Families may choose any lender without penalty, whether or not the lender appears in Elm Select.

Elm Select Scan to learn more.

for deferment and forbearance

• Consider a credit-worthy co-signor • A co-signor may improve the approval chances and result in a lower interest rate • Borrow only what is needed

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FAQs Financial Aid FAQs Visit our Financial Aid FAQs page to get answers to the most commonly asked questions about the financial aid process.

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College Financing Checklist o

Complete your FAFSA.

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Submit any additional required documents. If you have any additional documents required, you will be notified via email by the Financial Aid Office. You can also check your Workday Admission portal for a list of missing information and to upload any required documentation.

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Review your financial aid offer.

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Estimate your Net Cost.

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Set up a meeting with your designated Financial Aid Counselor if you have questions.

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Attend Focus Days and Financial Aid Sessions in February and March.

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If you decide to accept admission and matriculate as a student, you will have to officially accept your financial aid offer via the Workday system.

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Submit your $850 non-refundable Enrollment Deposit.

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Consider setting up an interest-free, debt-free payment plan first, then review any scholarship, grant, and offered loan options, and apply for additional PLUS loan or private loan funding if needed.

Determining what is financially feasible for your family when it comes to college can feel complex, but we’re here to support you. We encourage you to connect with your dedicated Financial Aid Counselor, who can guide you through the process and provide personalized assistance.

Endicott’s goal is to prepare students for successful futures—a commitment reflected in our outstanding graduate outcomes. With an excellent education, study abroad and leadership opportunities, a pioneering internship program, and exceptional career resources, Endicott students graduate prepared and ready for the world.

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Endicott College

Office of Financial Aid 376 Hale Street, Beverly, MA 01915 978-232-2070 finaid@endicott.edu endicott.edu/financialaid