Financial Aid and Scholarships

Financial Aid

PROMYS offers full and partial need-based financial aid and is dedicated to the principle that no one should be unable to attend for financial reasons.

To be considered for financial assistance, please have a parent or guardian submit the financial aid form on the Application page and a copy of their 2014 federal income tax form. 

The instructional fee is automatically waived for any student whose family income is below $60,000 - lowering the family's maximum cost to $2,553 (room and board at Boston University). Any family whose income is below $60,000 is also strongly encouraged to apply for additional financial aid through the financial aid process as is any family for whom payment of $3,600 would be a burden. 

PROMYS regrets that need-based financial aid is not available to international students unless they are U.S. citizens living abroad. However, low-income students from India are eligible to apply for the Tara and Jasubhai Mehta Fellowships.  In addition, all applicants to PROMYS will be under consideration for a Breakout Fellowship, for which there is no separate application.

Students ordinarily resident in Europe are also eligible to apply to PROMYS Europe, at Oxford University, at which they will be eligible to apply for full financial aid. Please click here to visit the PROMYS Europe site.

If you feel that, even with a full scholarship from PROMYS, financial need may keep you from attending, we encourage you to apply to the Mathematics Summer Stipends (MASST) program. Supported by NSF funds, MASST can provide a stipend of up to $3,000 to enable a strong student from an economically disadvantaged background to take advantage of a full scholarship from a mathematics summer program such as PROMYS. We are, of course, happy to nominate suitable students.  

AMS Scholarships

With support from the American Mathematical Society (AMS) Epsilon Fund, PROMYS is pleased to offer a Ky and Yu-Fen Fan Scholarship to a talented high school student in this summer's program.

Scholarships for Students from Massachusetts

Thanks to the generosity of sponsors, merit scholarships of up to $500 will be granted to all PROMYS students who are residents of Massachusetts.  

Endowed Breakout Fellowship to PROMYS

Generously funded by Jacob Lurie, Terence Tao, and Richard Taylor, recipients of the inaugural Breakthrough Prizes in Mathematics, a full scholarship to PROMYS will be offered to a mathematically talented student who might not otherwise be able to attend. Thanks to matching donations from PROMYS alumni, there is now a fully funded Breakout Fellowship endowment so a Breakout Fellowship can be offered every year. 

Tara and Jasubhai Mehta Fellowships in Mathematics for Low-Income Students from India

Thanks to the generosity of the sponsoring family, the Tara and Jasubhai Mehta Fellowships in Mathematics offer full scholarships to PROMYS for two low-income students a year from India.  The scholarships will cover tuition, room and board, and roundtrip airfare from India.  Please click here for more information about the Mehta Fellowships.

HMMT/HMNT Scholarships

PROMYS will award two $250 scholarships (to one male and one female first-year PROMYS student) among winners of HMMT or HMNT who qualify for the program.

 

CMI-PROMYS Scholarships for European Students have evolved into PROMYS Europe at Oxford University

The CMI-PROMYS Scholarships available in 2013 and 2014 are not being offered in 2015. The Scholarships have successfully evolved into PROMYS Europe, a new program at Oxford University for European students aged 16 and up. PROMYS Europe is a partnership with the Mathematical Institute at Oxford University; the Clay Mathematics Institute (CMI); and Wadham College, Oxford University. Like PROMYS, PROMYS Europe offers full and partial need-based financial aid. Please click HERE to visit the PROMYS Europe site.