The SPRINT financial model was developed in order to reach the College’s goal of supporting and enabling experiential learning opportunities for all students while maximizing the support provided to our aided students, particularly students with the highest demonstrated financial need.
A student’s level of need is based on the calculated Parent Contribution, also referred to as Parent Responsibility, as determined by the Office of Financial Aid. The Parent Responsibility can be found in the Financial Aid Eligibility statement in Banner Self-Service (for the aid year prior to the summer experience). For additional information on the calculation that is used to determine Parent, Student, and overall Family Responsibility, see the Office of Financial Aid’s website. Students are not able to appeal the Parent Responsibility in order to increase their Gap Award funding.
- Aided students with a Parent Contribution/Responsibility of $15,000 or less (in the academic year prior to the summer experience) will receive a Summer Gap Award of $3,000 in addition to their base stipend.
- Aided students with a Parent Contribution/Responsibility above $15,000 (in the academic year prior to the summer experience) will receive a Gap Award of $2,000 in addition to their base stipend.
- Unaided students will not be eligible for a Gap Award in addition to their base stipend.