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Undergraduate Financial Aid & Scholarships

ACT strives to be not only the 1st choice, but also an affordable choice for the education of youth from Greece, Southeast Europe, the US and beyond. To that end, the College awards financial aid to a substantial number of students in each entering class. Financial aid awards aim to make quality education affordable to students in need, particularly during these difficult times, and also reward a student’s academic accomplishments and potential. The American College of Thessaloniki has developed a well established program of financial aid to assist students in their quest for a college education. This program ensures that no student should be deprived from attending ACT because of financial strains.

All applicants who would like to be considered for financial aid should complete the

ACT financial aid form

Maintainability

Undergraduates receive grants in the form of percentage reduction in the tuition fee costs. This amount will most likely remain constant throughout the course of study at ACT as long as the student is eligible for financial aid unless otherwise notified.

To remain eligible for the financial aid award, undergraduate students must meet the following academic criteria:

Maintain a good academic standing based on the award level received.
Maintain a full-time status (12 credit hours per semester or above); unless you’re a graduating senior and that’s your last semester.

Financial Aid for US degree-seeking students

Freshman and Transfer US candidates can qualify for the following grant:

Need-based Grant: $1,000.00

We award financial aid assistance upon completion of our Financial Aid Application.

VA Benefits: Veteran’s Administration Beneficiaries can apply their benefits to ACT.
FAFSA: ACT is not a member of FAFSA, as it does not receive federal funding.

Scholarships for US degree-seeking students

ACT awards scholarships to undergraduate applicants with exceptional academic and achievement records. The below scholarships are awarded and renewable for the first four years at ACT, assuming the GPA requirement is maintained and the student remains in good academic standing.

Freshman and Transfer US candidates can qualify for one of the following scholarships:

Merit-based : $1,000.00 (Awarded to students with exceptional academic and achievement records)
Greek Heritage: $ 1,000.00 (Awarded to students of Greek heritage)
State of Massachusetts: $1,000.00 (Awarded to students that reside in the state of Massachusetts)
Anatolia Legacy: $1,000.00 (Awarded to students whose grandparent(s), parent(s), or sibling(s) graduated from Anatolia College or ACT)

Please note that ACT scholarships and grants are not stackable and cannot be combined with any aid/scholarship awarded by ACT.

External Scholarship Resources

In addition to scholarships/aid made available through the College, there are many other organizations that will support your educational journey. If you receive a scholarship or tuition resource from an outside source, please send a copy of the award to This email address is being protected from spambots. You need JavaScript enabled to view it., so it can count towards your overall cost of attendance. These scholarships may be combined with an ACT scholarship/aid.

General scholarship resources

Greek/Hellenic/Orthodox Christian scholarships

Scholarships Available for Swedish Students

ACT - The American College of Thessaloniki is approved by CSN, the Swedish Board of Student Finance, a government agency which offers grants and loans to Swedish students studying abroad at selected institutions. Click the button below to learn more about CSN eligibility, available funding, and the application process.

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