The Mount Holyoke College Board of Trustee’s decision to significantly raise its cost of attendance for the 2023-2024 school year has inspired renewed conversations about how financial aid is calculated at the institution. Mount Holyoke News reached out to current students, staff members, parents and former students who transferred to other institutions, citing financial struggles as a significant factor in their decision to continue their studies elsewhere, to learn more about financial aid processes at Mount Holyoke College. Mount Holyoke News also spoke with several individuals who have interacted with Student Financial Services to understand better how the office responds to federal financial aid policies, which factors determine how much aid a student receives, and how the appeals process operates.
Student Financial Services begins new counseling initiative
The executive director of Student Financial Services, Tayler Kreutter, recently announced in an email to the College community that Mount Holyoke College students would each be assigned a financial counselor. The email, personalized for each student, notified them of their respective counselor’s name and email address.