Financial Aid & Tuition

Office of Financial Aid

At Paul Smith's College, we are committed to helping students fund their education. We participate in many state and federal programs and also provide our own institutional awards.

Financial Aid Process and Eligibility

The first step is to apply for financial aid.  As a fully enrolled ACE student, you will take 9 credit per semester through Paul Smith's College and may be eligible for three-quarters Federal Pell Grant.  Part-time students are not eligible for New York State TAP.  However, your degree plan may include a certain number of credits and/or specific courses that you will need to take with your home community college.  By taking one 3 credit course per semester at the community college, you will be a full-time student and eligible for the maximum amount of financial aid.  Paul Smith's College financial aid counselors will also work with you to secure loans if needed.

Apply for financial aid through the Free Application for Federal Student Aid (FAFSA) at The Paul Smith's school code is 002795.

Tip: Make sure you use the IRS Data Retrieval Tool (IRS DRT) within the FAFSA to import tax information. If you decline to use this tool, you may be selected for verification which means you will have to order your Federal tax transcripts from the previous year online – a request that can take up to two weeks to receive and process.

It is important to research your financial choices. For more information about financial aid resources, please click the links below:

  • Procedures and Deadlines:
    • It is preferred that you file your completed FAFSA application between January 1, 2014 and May 1, 2014. Do not file your FAFSA until 2013 income tax forms have been completed, but no later than May 1, 2014.  If your 2013 income tax forms will not be completed by the April 15, 2014 deadline, you will need to provide a copy of the documented extension from the IRS. Your FAFSA will serve as an application for the following programs:
      • Federal Grant Programs, including PELL and FSEOG
      • State Grant Programs
      • Federal Direct Stafford Loans - Subsidized and Unsubsidized
    • Students must continue to be residents of New York State (NYS) for consideration of the NYS Tuition Assistance Program (TAP). The TAP application process begins by filing the FAFSA and listing a college or university located in New York State. Students may complete their TAP application on-line at‎

      *Note that NYS TAP award estimates provided on 2013-2014 award notifications will be based on the current year formula until the NYS budget is in-place.

      Paul Smith’s will not be responsible for making up any difference should one's actual TAP award be lower than the estimated amount.

  • If this is your first time receiving a direct loan, you will be required to complete the following online at

    • Entrance Counseling – A tool to ensure you understand your obligation to repay the loan.

    • Sign your Master Promissory Note (MPN) agreeing to the terms of the loan.

    • Federal Direct Plus Loan is a low interest student loan for the parents of a dependent undergraduate student who is enrolled in college at least part-time. The interest rate is fixed, and there is a net fee that is deducted from each disbursement. To request the Federal PLUS loan, go to The parent requesting the PLUS loan must sign in with their information and Federal PIN. 

  • Financial Aid Forms
  • Private Loan Lenders and Requirements
  • Satisfactory Academic Progress (SAP)
  • Rights and Responsibilities
  • Code of Conduct
  • Loan Exit Counseling
  • Verification Update for 2013-2014

Extension learning site students are offered a tuition reduction package. Under this plan, tuition for a nine-credit semester during the 2014-2015 academic year is $4,767, rather than $6,813. Tuition rate is subject to change each academic year. Below is a summary of complete costs and fees for each partner community college.

To be eligible for maximum financial aid, students must be full time (i.e. enrolled in 12 credit hours).  Paul Smith's ACE program delivers 9 credits per semester, so students are encouraged to take one community college course per semester to have full time status.

Cost of Attendance:

Costs are based on full time student status.


2014 - 2015 Cost Finger Lakes SUNY Adirondack Onondaga
Paul Smith's (18 credits or 9 cr/sem) $9,534 $9,534 $9,534
Community College Course (assumes 6 credits or 3 cr/sem and County Residency)* $1,080 $1,067 $966
Administrative Fee $522 $522 $522
Books & Supplies $210-620 $210-620 $210-620
Total $11,346 - 11,756 $11,333 - 11,743 $11,232 - 11,632


 *Please note: Subject to change. The cost of the community college courses will be based on residency status as determined by the community college. For specific pricing information please go to the community college tuition and fees page on their website. Students should enroll for these courses as you would normally.

Upon receipt of the bill from the respective community college, please submit to Paul Smith's College Office of Financial Aid at Paul Smith's College, P.O. Box 265, Paul Smiths, NY 12970, and Paul Smith's will remit payment directly to the community college on your behalf.

Financial Aid Assistant, Kristye Fountain/
Director of Financial Aid, Mary Ellen Chamberlain /

Office Hours: Monday-Friday, 8 a.m. - 4:30 p.m.
Phone: (518) 327-6220
Fax: (518) 327-6055

Mailing Address:
Office of Financial Aid
P.O. Box 265
Rt. 30 and 86
Paul Smiths, NY 12970