Student Financial Services

Students struggle to pay tuition as cost of attendance rises

Students struggle to pay tuition as cost of attendance rises

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

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.

College loses $7.6 million in COVID-19 pandemic response

College loses $7.6 million in COVID-19 pandemic response

On Tuesday, April 7, the Mount Holyoke College community received an update from President of the College Sonya Stephens briefing community members on the College’s financial situation. “Over this time period, we have focused on our emergency response and continuity of operations,” Stephens wrote.

Following College closure, students voice financial concerns

Following College closure, students voice financial concerns

As students packed their dorms and made arrangements to leave campus, members of the College administration fast-tracked the finalization of an emergency fund, which Dean of Students Marcella Runell Hall says was in progress for implementation later this year.

SGA hosts Town Hall with admissions and financial aid

SGA hosts Town Hall with admissions and financial aid

BY LILY REAVIS ’21

Kathryn Blaisdell, Director of Student Financial Services (SFS), joined Robin Randall, interim Vice President for Enrollment and Dean of Admissions, for a Town Hall about admissions and financial aid on Tuesday, Nov. 6.