Financial Aid

Financial assistance in the form of grants, loans, scholarships and fellowships, is available to eligible students attending VCFA academic degree programs.

In order to receive financial aid from federal and most state sources, a student must establish eligibility by filing the Free Application for Federal Student Aid (FAFSA). The VCFA School Code is 003697. The FAFSA must be filed annually. 

Many private or alternative student loan sources are available to help with payment of your educational costs. Most private/alternative loans do not require completion of the annual FAFSA to determine eligibility; however most consider your credit history. Many of these lending sources are available by searching the Internet. 

On average, 45% of VCFA students borrow through the federal loan program each year, and their average debt upon graduation is $37,129.

Download the PDF below for detailed instructions regarding the FAFSA and direct loan applications. 


Fellowship Opportunities

Vermont College of Fine Arts occasionally offers fellowships and internships with the programs as well as with Hunger Mountain, The VCFA Journal of the Arts. Please contact Admissions or the program that you are applying to for more information.


Veterans' Benefits

VCFA is approved by the Department of Veterans Affairs (VA) to accept Veterans' benefits for Veterans and their dependents.

Please contact Jody Maunsell, Registrar, with questions.
Jody.Maunsell@vcfa.edu
802-828-8724


Canadian Students

The Canada Revenue Agency recognizes VCFA as a university outside of Canada for the purposes of the Canadian Income Tax Act. This means that Canadian citizens who attend VCFA may be able to claim a tax credit for tuition expenses. Please go to the Canada Revenue Agency website to “Information for Students – Education Institutions Outside of Canada” for details.


International Student Financial Aid Eligibility

Most international students are not eligible for federal student financial aid from the U.S. Department of Education. In some cases, however, noncitizens may be eligible for financial aid from the U.S. federal government. Visit here to learn more. You should also check with your country’s government and embassy or consulate in the U.S. VCFA does offer limited merit scholarships which may be available to international students. 


Financial Aid Eligibility With Less Than a Bachelor Degree

VCFA does in rare and special cases admit students who have not earned a bachelor degree. In such cases VCFA does not require a minimum of attained bachelor degree level credits. Such students may be eligible for some federal financial aid at the undergraduate level to be applied to their graduate education at VCFA. The undergraduate/graduate credit equivalency is as follows:

  Undergraduate Credits Graduate Credits (Writing, Writing for Children & Young Adult) Graduate Credits (All other programs)
Freshman 0 - 30 0 - 16 0 -15
Sophomore 31 - 60 17 - 32 16 - 30
Junior 61 - 90 33 - 48 31 - 45
Senior 91 - 120 49 - 64 46 - 60

Enrollment status of students will follow the undergraduate level in determining eligibility for loans.

  • Full Time – 12 credits or more
  • ¾ Time – 9 – 11 credits
  • ½ Time – 6 – 8 credits
  • Less than ½ Time – 5 credits and below

Students who fall into the status of being admitted with less than a bachelor degree should contact Financial Aid Services.

Financial Aid Counselors
1-877-612-2599
VCFA-FAO@financialaidservices.org

Low-Residency: The Future of the MFA? Download Free Article


Contact:

Daphne Parks

Financial Aid Counselors
1-877-612-2599
VCFA-FAO@financialaidservices.org

David Markow

VP for Enrollment Management
David.Markow@vcfa.edu
802-828-8535


Other Resources:

IRS Tax Benefits for Education: Lifetime Learning Credit and Hope Credit. More information can be found here

Free scholarship search services:

Check with your own state grant or loan organization for services they may provide regarding scholarship searches or publications.


Vermont College of Fine Arts does not discriminate in its admissions, employment, or policy procedures on the basis of age, race, color, sex, sexual orientation, religion, national origin, political party affiliation, or physical impairment. VCFA’s policies and practices conform with Title VI of the Civil Rights Act of 1964, Title VII of the Civil Rights Act of 1964, Title IX of the Education Amendments Act of 1972, Section 504 of the Rehabilitation Act of 1973, the Age Discrimination in Employment Act of 1975, the Equal Pay Act of 1963, and the Americans with Disabilities Act of 1990, as amended.