The Next 150 Pledge
Introducing The Next 150 Pledge—students with family incomes of up to $150,000 pay no tuition.
For more than 150 years, Smith College has worked to break down barriers to exceptional education. By covering the full cost of tuition for families earning up to $150,000, Smith builds on this proud legacy—strengthening its commitment to access, opportunity, and academic excellence for the next generation of scholars, scientists, artists, and leaders.
Now, Smith is the first women’s college in the nation to offer a comprehensive no-loan financial aid program that includes free tuition for domestic and international undergraduate students from eligible families beginning in fall 2026.
Investing in You
Through our comprehensive approach to financial aid:
- There is no fee to apply for admission.
- 100% of every student’s demonstrated need is met.
- Financial aid packages contain no loans.
- Every Smith student is eligible for at least one summer of internship or research funding.
- Incoming high-need students may be eligible for startup grants to help with the transition to Smith.
- There is no income cutoff for financial aid and families at many income levels can qualify for aid.
The Next 150 Pledge is made possible through the college’s endowment and the generous philanthropy of Smith alums and donors, whose gifts carry forward founder Sophia Smith’s vision of education as a public good.
61%
of students received a need-based grant from Smith in 2024–25
$110M+
in financial aid awarded by Smith during the 2024–25 academic year
$63K+
the average amount of a Smith College grant awarded this academic year