Jun 04, 2023  
2006-2007 Undergraduate Academic Catalog 
2006-2007 Undergraduate Academic Catalog [ARCHIVED CATALOG]

Financial Aid

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Endicott’s Financial Assistance Programs


Endicott College will make every effort to insure that a quality education is available to all qualified students, regardless of income level. Financial Aid officers are available to help students and their families on an individual basis with all Financial Aid and financial planning issues.

Financial assistance is available for eligible students through both Endicott and federal and state programs. These programs allow students to use gift and self-help funds to pay for their education. Approximately 81% of Endicott’s students receive some form of financial aid. The average student indebtedness upon graduation is $16,855, from federal and institutional sources. Individual student debt may be higher if private loan sources are utilized.

To qualify for financial aid, a student must be a United States citizen or eligible non-citizen, be enrolled in an approved program, and be in good academic standing. Most of the aid programs require that a student demonstrate financial need. The family contribution is determined by submitting the Free Application for Federal Student Aid (FAFSA). Financial need is defined as the difference between the cost of education and the amount the student’s family can be expected to contribute.

Every applicant’s financial situation is evaluated carefully so that each financial aid award will accommodate a student’s particular needs. All students must reapply for financial aid each year and must maintain satisfactory academic progress to remain eligible.

Endicott College Grants


Each year the College establishes grants that help deserving students augment government and private financial assistance.

Endicott Grants

Awarded on a funds-available basis to students who have demonstrated financial need.

Presidential Academic Scholarship

Awarded annually to full-time Bachelor degree candidates, the scholarships are determined on the basis of merit. Rank in class, GPA, extra-curricular activities, and achievements on the SAT determine eligibility. Renewal of this grant is guaranteed for four years if a 3.0 GPA is maintained. Residency status may affect award value.

Endicott Health Sciences Scholarship

Awarded to full-time students majoring in Nursing. Renewal of this scholarship is guaranteed if a GPA of 2.5 is maintained.

Alumni Council Scholarship

Awarded annually, this scholarship is open to children of Endicott College alumni. Students may be enrolled in any major, and preference is given to children of Alumni Council members.

Appleseed’s Scholarship

Established in 2005, this scholarship will be awarded to an academically strong third or fourth year student who is majoring in Business with a career interest in retail management.

Edith Browning Bliss ‘42 Scholarship

Created to honor Edie for all that she did for the College and for the students that she helped for so many years. Awarded to an undergraduate who exemplifies the same warm traits of Edie and who demonstrates high academic standards and high financial need.

J. David Broudo Scholarship

Awarded each fall to incoming, first-year Art and Design students as a gift from the former Dean of the Division of Art and Design. The Art and Design faculty selects recipients; criteria include artistic talent as evidenced in a portfolio presentation, letters of recommendation, extracurricular activities, and test scores. Students should bring to campus a high school portfolio of original art for review, when they arrive in the fall semester.

Endicott Family Grant

If two students from the same immediate family are enrolled full time in the day division, a 10% reduction in tuition will be awarded. This reduction will be credited 5% to each account. If additional family members enroll, the third member will be awarded a 10% reduction of tuition.

Tupper Family Scholarship

Awarded annually to a returning student. It is named for and funded by Tupper Family Association of America, Inc. All candidates must demonstrate strong academic achievement and contribution to the College.

Thomas A. Yawkey Scholarship

Awarded annually on the basis of academic excellence. Recipients must be graduates of a New England high school. The scholarship is open to students in all majors. Established through the generosity of Mr. and Mrs. Joseph LaCour.

Debra Laganas ‘74 Memorial Scholarship

Awarded annually, this scholarship is given on the basis of professional potential. The Laganas Scholarship is given in memory of Debra Laganas (Class of ‘74) and was created by her family, classmates and friends.

Founders’ Scholarship

Awarded annually to a student from the North Shore area. The scholarship was made available through the generosity of Dr. George Bierkoe and Dr. Eleanor Tupper, co-founders of the College.

Helen Young Post ‘52 Scholarship

Awarded annually to third- or fourth-year students majoring in Business with an emphasis in Entrepreneurship. Recipients must demonstrate scholastic achievement, community effort, and social responsibility. The scholarship was made available through the generosity of Helen Young Post, an alumna of Endicott College.

Malden Hospital School of Nursing Alumni Scholarship

Established by the Malden Hospital School of Nursing Alumni Association to be awarded to students with exemplary academic standing majoring in Nursing.

Shannon Leahy Memorial Scholarship

This scholarship is awarded to a returning Endicott student studying either Retail or Business and is based on academic achievement. Established by Johnny Appleseeds, Inc. of Beverly in memory of Shannon Leahy.

Jennifer Atkinson Memorial Scholarship

This scholarship, created in memory of Jennifer Atkinson, is awarded annually to a returning student who demonstrates a desire to use his or her talents to enhance the lives of others. Students from all areas of the College are eligible to apply. Established by Joyce and Lynwood Krischke, Trustee of Endicott College.

Jane Lang Memorial Scholarship

This scholarship will be awarded to a returning student in the Academic Support Program who demonstrates superior effort and improvement. Established in memory of Jane Lang, who was a caring and dedicated tutor in the Academic Support Program.

Frances Alexander Scholarship

This scholarship was established to recognize a resident student from the North Shore area, majoring in education, who best exemplifies high ideals and dedication to children. Established by Frances Alexander, former Trustee of Endicott College.

Bierkoe Scholarship

This scholarship will be awarded to a student of Christian faith (preferably Lutheran) based on financial need. Established by the Foundation of Evangelical Lutheran Church in America in memory of George and Eleanor Tupper Bierkoe.

Barbara Decker Memorial Scholarship

This scholarship is awarded yearly to a student of high character who has acted on behalf of the welfare of fellow classmates and the College. Established by the friends of Barbara Decker, Registrar and long-time employee.

Anna Moyer Steidel and G. Theodore Steidel Scholarship

This scholarship is awarded to returning students with leadership qualities and a strong academic record. Established in memory of the parents of Nancy Steidel Desnoyers ‘50.

Dolores Ouellette Scholarship

The recipient of this scholarship must demonstrate a balanced commitment to scholarship, nursing practice, and the community. Established by the Endicott Board of Trustees in honor of the founding chairperson of the Nursing program, Dolores Ouellette.

Hannah Lane and Priscilla Deacy Donahue Scholarship

Awarded annually to a second-year Nursing student who excels academically. Preference will be given to a student from the city of Malden, Massachusetts. Established by Priscilla Deacy Donahue MH ‘42 and the Malden Hospital School of Nursing in memory of Hannah Lane.

Dr. Ernest Mannino International Scholarship

Established by the College to honor the founder and first director of the Office of Overseas Schools, U.S. Department of State, Washington, D.C. The scholarship is given to encourage students who seek international experience and study as part of their career goals.

James G. Zafris, Jr. Endowed Chair Scholarship

Awarded to students majoring in Business, with the recipients to be selected by the Zafris Endowed Chair Committee. One half-tuition scholarship will be offered to an incoming student, renewable based on the recipient maintaining a minimum GPA of 3.0, and one scholarship to a current student.

Bourke Corcoran Memorial Scholarship

Awarded annually to an Endicott student with financial need who is recognized as exemplifying the spirit of friendship, loyalty, and concern for others. Established in 1998 by the Corcoran family in memory of their son, Bourke, who was to have been a member of the Class of 2002.

Sara O’Meara/Childhelp USA Intern Scholarship

Endicott College has established a one-semester tuition scholarship for a fourth-year student interested in working with children of abuse and neglect as part of his or her internship. Established to honor alumna Sara O’Meara ‘54, co-founder of Childhelp USA.

Endicott College Community Service Scholarship

This is a competitive scholarship program for returning students who have demonstrated a special commitment to community service projects. Recipients will be required to participate in a community service project during the next academic year.

John Jeffrey Post Scholarship

Awarded annually to one or more youth members of The Community Church of Vero Beach, Florida. Recipients are selected by The Community Church Scholarship Committee. The award will consist of financial aid for one year matching the scholarship award of The Community Church Scholarship Committee.

Coard Urban College Scholarship

Full scholarships covering tuition, room, board, and fees less any state and federal grants for selected students graduating with an Associate degree from the Urban College of Boston, Massachusetts. The recipient must be in good academic standing and have financial need.

William B. Ardiff Scholarship

Awarded annually to a returning student who demonstrates a strong commitment to academics, leadership and the community. Established in memory of William B. Ardiff, Trustee of Endicott College from 1979 through 1986.

Linda ‘65 and Richard Plummer Scholarship

This scholarship will be awarded to financially assist, on alternating years, one traditional undergraduate and one student participating in Keys to Degrees, Endicott’s program for single parents. The deserving student will demonstrate strong academic merit and financial need.

Honors Program Scholarships

Scholarships in the amount of $2,500 are awarded annually to members of the Honors Program. Selection is based on academic achievement, community leadership, an essay, and faculty recommendations.

Joyce Krischke Memorial Scholarship

Established by the Wylie family in memory of Joyce Whitehaun Krischke, wife of Lynwood Krischke, Trustee of Endicott College. Awarded annually to a student who has conquered adversity because of personal or family circumstances. The recipient must exhibit Joyce’s tremendous ideals and values.

Barbara Sloan Constable ’ 51 Scholarship

Established by Bob and Bobbie Sloan Constable ‘51 to benefit a junior or senior who has high financial need and high academic standards.

Karen Beck Felton ’ 61 Scholarship

The funds generated by this endowed scholarship will benefit a student who maintains a high level of academic standards with a demonstrated level of high financial need.

Linda Johnson LeMieux ‘58 Scholarship

The funds generated by this endowed scholarship will benefit a student who maintains a high level of academic standards with a demonstrated level of high financial need.

Tupper Single Parent Program Endowed Scholarship

Established by the Pierre and Margaret Heftler Foundation to be awarded to a student participating in the Keys to Degrees program for single parents.

Yawkey Foundation Scholarship

Established by the Trustees of Yawkey Foundation II to help provide tuition support for financially needy students enrolled in the Keys to Degrees program for single parents.

Federal Financial Aid Programs


Federal Pell Grants

Non-repayable funds made available to students through the federal government. The individual awards for the 2006-2007 academic year range from $400-$4,050, depending upon the student’s financial need. These funds are used as the foundation of a student’s financial aid package and all applicants for aid at Endicott must apply for a Pell Grant.

Federal Supplemental Educational Opportunity Grants (FSEOG)

These grants are also based upon financial need and are awarded by the Endicott College Financial Aid Office. Priority is given to Pell Grant recipients.

Federal Work-Study Program

Provides eligible students with the opportunity for employment. A student applies for positions offered both on and off campus. The amount of a Work-Study award is determined by the Endicott College Financial Aid Office and does not appear as a credit on a student’s bill. Placement is not guaranteed.

Federal Perkins Loans

Long-term, low interest (5%) federal loans awarded and administered by Endicott. The average award for the 2006-2007 academic year will be $1,000. This loan must be repaid, but there are no interest or principal repayments on a Federal Perkins Loan for borrowers until nine months after a borrower ceases to be at least a half-time student. Upon taking this loan, a student is advised of his or her rights and responsibilities regarding payment.

Federal Subsidized Stafford Loan

Provides federally insured funds of as much as $2,625 annually for the first year, up to $3,500 for second-year students, and up to $5,500 for third- and fourth-year students. These loans are based upon financial need and are borrowed through the student’s local bank. For new borrowers, the interest rate is fixed at 6.80%. Repayment begins six months after a borrower ceases to be at least a half-time student.

Federal Unsubsidized Stafford Loan

A loan program with terms and conditions very similar to Federal Stafford Loan is available to students regardless of need. Under this program, interest is the responsibility of the student while in attendance and for deferral periods.

Federal Parent Loans for Undergraduate Students (PLUS Loans)

Loan funds are available to credit-worthy parents of dependent students. This program is sponsored by the federal government and administered by local banks. These loans are not based upon financial need and parents may borrow up to the cost of attendance minus financial aid annually for each dependent student enrolled in an undergraduate school. The interest rate is variable and repayment for PLUS loans generally begins sixty days after disbursement of the loan.

Other Sources of Aid


State Financial Aid Programs

A state scholarship or grant is available from a number of state programs. Connecticut, Maine, Massachusetts, New Hampshire, Pennsylvania, Rhode Island, and Vermont awarded funds that were used at Endicott. Eligible Massachusetts residents received grants of up to $2,300 for their educational expenses.

Private Loan Programs

Endicott College participates in the Family Education Loan Program (MEFA), Signature Loan, Citi Assist Loan, Key Bank Loan, and the TERI Loan Programs. The Financial Aid Office assists parents in applying for these private loans.

Endicott No-Interest Loan

Endicott College offers a no-interest loan program to a limited number of students who may not qualify for other need-based grant programs. Repayment begins six months following completion of the student’s studies at Endicott.

Payment Plans

Endicott College participates in an interest-free tuition payment plan to help make payment for college more convenient. Academic Management Services offers an opportunity to make interest-free monthly tuition payments to pay all or a portion of your education expense balance. There is no credit review and only a small application fee to enroll. Please contact the Financial Aid Office for additional information.


Information regarding ROTC scholarships is available online at www.endicott.edu/financialaid on the Financial Aid page. Applicants compete for four-year, three-year, or two-year full tuition scholarships. ROTC scholarship grants include books and fees, as well as a monthly stipend, ranging from $300 to $500. For additional information contact 978-232-2264.

Over and above ROTC’s contribution, Endicott makes a commitment to assist participants with additional funding not to exceed the direct cost of attendance. Endicott’s potential contribution, therefore, could include 1) $5,000 awarded to ROTC participants receiving scholarships, and 2) up to an additional $6,000 for students enrolled in the School of Nursing and Health Sciences. Financial Aid awards will be adjusted once the Financial Aid Office has received notification of acceptance into the ROTC program.

Financial Aid Applications


To apply for any Endicott, federal, or state funds, students must follow the instructions below. Be sure to pay close attention to all deadlines.

  1. In order to apply for financial aid, please visit Endicott’s website: www.endicott.edu/financialaid for detailed information on Endicott’s application process.
  2. Complete and forward an Endicott College Financial Aid Application. This form is available from the Office of Financial Aid or on Endicott’s website: www.endicott.edu/financialaid.
  3. Complete the Free Application for Federal Student Aid (FAFSA). Endicott College’s FAFSA code is 002148.
    • You should complete the FAFSA on the Web or Renewal FAFSA on the Web for the 2006-2007 year. You will be required to use your PIN number to access the form and apply. If you need to apply for a PIN, please use the www.fafsa.ed.gov website.
  4. Your application may be selected for a process called Verification. If you are selected for Verification, our office will notify you and you will be required to submit your 2005 Federal Tax Return and W-2’s, your parent(s) 2005 Federal Tax Return and W-2s if you are dependent, and the completed Verification Worksheet. Additional information may be required depending on each student’s individual situation.
  5. Mail the Endicott College Financial Aid Application, and other requested forms to:
    Endicott College
    Financial Aid Office
    376 Hale Street
    Beverly, MA 01915

It is essential that applicants for financial assistance fill out required forms correctly and apply on time. Students whose applications are incomplete or late may lose some forms of aid. Students must reapply for aid each year.

If you have any questions or would like additional information on the programs, please contact Endicott’s Financial Aid Office.