SCHOLARSHIPS AND FINANCIAL AID at Elmhurst College

Transcription

1 SCHOLARSHIPS AND FINANCIAL AID at Elmhurst College A great education is an excellent investment in the future. And at Elmhurst College, it s an affordable one, too. That s because most families at Elmhurst don t pay anywhere near the listed tuition price. We reduce your costs to an affordable level through exceptionally generous financial aid packages including scholarships, grants, loans and work-study opportunities. 100% of incoming students receive some type of scholarship or grant. In these pages you ll find information about scholarships and other financial aid opportunities at Elmhurst, along with tips on how to apply. If you have further questions, please contact us. Office of Admission and Student Financial Services Elmhurst College 190 Prospect Avenue Elmhurst, Illinois (630) Admission (630) Student Financial Services admit@elmhurst.edu sfs@elmhurst.edu elmhurst.edu/finaid

2 ABOUT FINANCIAL AID Financial aid at Elmhurst comes in four forms: Scholarships Grants Loans Employment Most scholarships are awarded based on academic merit, while most grants are based on need. Student loans and campus employment are available on both a need and non-need basis. Financial aid can come from the College or from state or federal sources. Scholarships Elmhurst awards scholarships based on merit in a variety of categories, including academic achievement, musical talent and membership in the United Church of Christ or Disciples of Christ. All students who apply for admission are automatically considered for scholarships. Applying for a Scholarship at Elmhurst Complete the Application for Admission and send it, along with your academic transcripts and supporting materials to the Office of Admission. Your admission application is your scholarship application. There is no deadline. Students planning to major in music-related areas must audition as a part of their consideration for a scholarship. Academic Scholarships for First-Year Students If you re a first-year student with a strong academic record, you may be eligible to earn a scholarship that can be renewed each year of your studies at Elmhurst. We award these scholarships based on: High school GPA and curriculum Composite ACT or SAT scores We may also consider your essay, letters of recommendation and extracurricular activities Presidential Scholarship: up to $20,000 Performance in a challenging high-school curriculum, including advanced placement and honors courses Superior high-school academic performance including excellence in standardized testing Maintain a 3.00 Elmhurst College grade-point average and Dean s Scholarship: up to $18,000 Performance in a strong high-school program, including advanced placement and honors courses High level performance in standardized testing and grade patterns across the academic curriculum Maintain a 2.75 Elmhurst College grade-point average and full-time enrollment Founders Scholarship: up to $15,000 Performance in a solid college-bound curriculum Above-average abilities in standardized testing and grade patterns across the academic curriculum Maintain a 2.50 Elmhurst College grade-point average and Trustee Scholarship: up to $11,000 Performance in a solid college-bound curriculum Demonstrated abilities in standardized testing and grade patterns across the academic curriculum Academic Scholarships for Transfer Students If you're a transfer student, you may qualify for valuable scholarships that may be renewed each year of your studies at Elmhurst. These scholarships are awarded based on a cumulative GPA from all college-level coursework at the time of application. Transfer Excellence Scholarship: up to $16,000 Cumulative 3.50 transfer grade-point average on a 4.00 scale at the time of application Maintain a 3.00 Elmhurst College grade-point average and Transfer Achievement Scholarship: up to $12,000 Cumulative 3.00 transfer grade-point average on a 4.00 scale at the time of application Maintain a 2.75 Elmhurst College grade-point average and

3 Transfer Recognition Scholarship: up to $10,000 Cumulative 2.50 transfer grade-point average on a 4.00 scale at the time of application Maintain a 2.50 Elmhurst College grade-point average and Transfer Heritage Scholarship: up to $8,000 Demonstrated abilities in college level courses Phi Theta Kappa Scholarship: $2,000 to $4,000 (can be added to other scholarships offered by Elmhurst) Membership in Phi Theta Kappa Cumulative 3.50 transfer grade-point average on a 4.00 scale at the time of application. Award amount determined by cumulative grade-point average. Identify your PTK membership on your application for admission Maintain 3.00 Elmhurst College grade-point average and full-time enrollment Other Scholarships American Dream Grant: up to $2,000 First-year and transfer students who indicate on the application for admission that they are first generation college students (neither parent or guardian has earned a bachelor's degree) Apply for admission United Church of Christ Scholarship: up to $2,000 First-year and transfer students who belong to congregations of the United Church of Christ or Disciples of Christ Apply for admission and ask your pastor to submit a letter confirming your current membership in a United Church of Christ or Disciples of Christ congregation to the Office of Student Financial Services Music Scholarships: up to $22,000 First-year and transfer students planning to major in music, music education, music business, music theory and composition, or jazz studies Awarded based on: Academic credentials Audition Apply for admission and schedule an audition prior to June 1 by contacting: Gayle Bisesi Director of Music Admission (630) music.admission@elmhurst.edu Maintain Elmhurst College GPA associated with your awarded academic scholarship and Post-Baccalaureate Recognition Scholarship: up to $10,000 Students attending Elmhurst College full time to earn an additional bachelor s degree Apply for admission and provide official transcripts showing a conferred baccalaureate degree Legacy Scholarship: up to $2,000 Students with directly related family members (father, mother, brother, sister, grandfather, grandmother) who have graduated from or are enrolled full-time at Elmhurst Identify your legacy relative on your application for admission Art and Theatre Talent Scholarships: up to $2,000 Students who demonstrate exceptional talent in art or theatre Art Talent Scholarships are limited to Art majors only Apply for admission and contact the appropriate director for audition or portfolio submission details Art Mary Lou Stewart Chair and Professor (630) marylous@elmhurst.edu

4 Theatre Janice Pohl Director of the College Theatre (630) fulltime enrollment. Promise Grant: up to $2,000 Elmhurst College awards this grant to first-year or transfer students who are undocumented individuals or DACA students. Eligible students must maintain with a 2.00 Elmhurst College grade-point average. Out-of-State Residential Grant: up to $2,000 Elmhurst College awards this grant to new first-year or transfer students who reside outside of Illinois, who live in campus housing and are enrolled as full-time students and maintain a 2.00 Elmhurst College grade-point average. International Student Grant: up to $2,000 Elmhurst College awards this grant to new first-year or transfer students who are full-time students studying on an F-1 student visa (international student) and maintain a 2.00 Elmhurst College grade-point average. Scholarships and Grants: The Fine Print Elmhurst makes scholarship decisions at the time of admission, based on credentials and supporting materials submitted at the time of application. Scholarships described here apply to students regularly admitted to Elmhurst as first-time bachelor s degree candidates enrolled fulltime (with the exception of the Post-Baccalaureate scholarship). Students who fall below the academic standard for renewal of a scholarship may regain the scholarship in a subsequent term by submitting an appeal for consideration to the Office of Student Financial Services. International students (studying on an F-1 visa) are ineligible to receive the Out-of-State Residential and/or Promise Grants. UCC or Disciple of Christ members will receive, at minimum, 1/3 in tuition scholarships. Out-of-State Residential Grants are restricted to cover on-campus housing only. Post-Baccalaureate (second-degree or licensure only) students are only eligible for the Post-Baccalaureate Recognition Scholarships. No other scholarships or grants will be awarded. FINANCIAL AID How do I apply for financial aid? You will be automatically considered for merit scholarships when you submit your application for admission. To apply for grants, loans and work-study, complete the Free Application for Federal Student Aid (FAFSA) after October 1. The FAFSA is available at fafsa.gov. Elmhurst's FAFSA code is What is the FAFSA? The FAFSA determines your Expected Family Contribution (EFC), the minimum amount you will be expected to contribute toward your education. It takes into account your income and assets, your parents income and assets, the size of your family, and the number of your family members attending college. The difference between a college s total costs including tuition, room, board, fees, books, supplies and personal expenses and your EFC equals your need. Most college grants and loans are based on need, while most scholarships are based on academic credentials. What happens after I submit the FAFSA? You will be notified once your Student Aid Report (SAR) is available online. This official document will report the contributions that you and your family are expected to make information that Elmhurst College will use to determine how much and what type of financial aid each student can receive. The College may ask you to verify information before finalizing your aid package, and then you ll receive your award notice. When do I learn if I have received financial aid? The Office of Student Financial Services begins sending out award notices in early December to admitted students applying to our Early Action Program who completed and submitted their FAFSA forms by November 1. The process continues on a daily basis beginning in January as students are admitted to the College on rolling admission and as we receive FAFSA information. If I receive a scholarship from an outside source, will Elmhurst reduce its grants or scholarships? Not usually. If you receive a scholarship from an outside source of $4,000 or less per year, Elmhurst will not reduce its grants or scholarships. I received an academic scholarship from Elmhurst College. Do I still need to fill out the FAFSA form? If you and your family feel that your academic scholarship is adequate assistance to help pay the costs of attending Elmhurst, you do not need to file the FAFSA. However, if you would like to know all of your eligibility from all sources of financial aid, including loans, you must complete the FAFSA each year.

5 Can I receive an estimate of my financial aid eligibility before I apply for admission? Yes. Our Net Price Calculator will give you an estimate of your financial aid opportunities based on information you provide. The calculator, available at elmhurst.edu/finaid, is designed for full-time, degree-seeking traditional students. Can I pay my tuition over time? Yes. The College offers several payment plans to pay your tuition. Additional information about the payment plans may be obtained by calling the Office of Student Financial Services at (630) What happens to my financial aid after the first year of college? We recognize that financing a college education is a multi-year commitment and that family circumstances change from year to year. To respond to your needs, we review your financial aid package each year, based on your most recent financial information. In order to receive a financial aid package each year, you must file the FAFSA on an annual basis. What is the average loan debt of students graduating from Elmhurst? For Elmhurst College students, the average federal student loan debt in 2016 was $24,634. This is more than $4,000 lower than the average debt for students in the State of Illinois. How can I learn more? We are always happy to answer any questions regarding the student financial process. Give us a call at (630) , stop by or make an appointment with a financial aid counselor or visit our website to learn more at elmhurst.edu/finaid. STUDENT COSTS Checklist Apply for admission to Elmhurst College. You have to be admitted to the College before we can award financial aid. Submit the FAFSA (Free Application for Student Aid). Complete your FAFSA after October 1 and before November 1 (if applying Early Action). Residents of Illinois are encouraged to submit their FAFSA by December 15 to ensure consideration for the State of Illinois MAP Grant. To submit your FAFSA, go to fafsa.gov, and be sure to list Elmhurst College for us to receive your application. Review your Student Aid Report (SAR). Approximately two weeks after you submit your FAFSA, you ll receive your SAR a summary of the information in your FAFSA. Be sure to check it for errors. Accept your financial aid offer from Elmhurst. When you receive your financial aid offer from Elmhurst, make sure all the information is correct, and accept or decline your aid using the MyElmhurst Campus Portal. Explore additional sources of financial assistance. Many foundations, businesses and civic organizations offer scholarships to students who fit certain criteria. Check with your high school guidance counselor/community college advisor to find out what s available to you. For more information, go to elmhurst.edu/finaid. Recommended Deadlines Full-Time Enrollment Tuition $36,070 Room $6,122 Board (standard plan) $4,022 Total $46,214 Part-Time Enrollment 11 or fewer semester hours: $997 per semester hour Early Action Apply for Admission by November 1 Submit FAFSA by November 1 Financial Aid Notification December 1 Other Fees Matriculation Fee New full-time freshmen $225 New undergraduate transfers $75 Academic Technology Fee All full- and part-time students; per year $300 Rolling Admission firstyear students Rolling Admission transfer students after November 2 by July 15 December 15* December 15* begins January on-going begins January on-going Residential Network Fee All residents living in the halls; per year $200 * Residents of Illinois are encouraged to submit their FAFSA by December 15 to ensure consideration for the State of Illinois MAP Grant. FAFSA applications received after December 15 will still be considered for available funding.

6 FINANCIAL AID PROGRAMS Grants and subsidized loans are renewable based on continuing need. By completing the FAFSA, you are requesting consideration for all sources of aid. The recommended filing date is December 15 or earlier. Program Source Annual Amount Criteria Number of Recipients Need-Based Grants Elmhurst College Grants Elmhurst College Up to $22,500 Need, full time 1,422 Pell Grants Federal Up to $5,920 High need 1,086 SEOG Federal Up to $4,000 High need, full time 1,062 Illinois Monetary Award State Up to $4,869 Need 1,014 Loans Subsidized Direct Loan Federal Freshman $3,500 Need, at least half time 1,553 Sophomore $4,500 Junior, Senior $5,500 Unsubsidized Direct Loan Federal Minimum $2,000 At least half time 1,842 Parents (PLUS) Loan Federal Up to cost minus student s aid At least half time 386 Additional Sources of Funding Elmhurst College Employment Elmhurst College Up to $2,430 Job skills, full time 270 Federal Work-Study Programs Federal Up to $1,200 Need, job skills, 354 full time Keep Us Informed We appreciate your feedback and hope you will let us know how we can help you achieve your college goals. Keep in mind that financial aid is not a one size fits all process. Working out the financial arrangement that recognizes your abilities and serves your needs often requires more than one conversation, and we are always happy to talk to you or your family. Office of Admission and Student Financial Services Elmhurst College 190 Prospect Avenue Elmhurst, Illinois (630) Admission (630) Student Financial Services admit@elmhurst.edu sfs@elmhurst.edu elmhurst.edu /ElmCol /ElmhurstCollege /elmhurstcollege