FINANCIAL AID YOUR GUIDE TO ACCESSING SCHOLARSHIPS, GRANTS, AND OTHER AID.

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1 FINANCIAL AID YOUR GUIDE TO ACCESSING SCHOLARSHIPS, GRANTS, AND OTHER AID.

2 A LEADER IN AFFORDABILITY At Evangel University, we are intentional about making an EU education possible for our students and families. With lower than average tuition as well as generous scholarships and need-based grants, out of pocket costs are lower than you might think. PAYING FOR COLLEGE IS DONE ONE STEP AT A TIME. WE TRY TO KEEP IT SIMPLE. 1. Apply for admission and we ll automatically send you a scholarship offer based on your prior academic performance. 2. Submit your Free Application for Federal Student Aid (FAFSA) and we ll promptly notify you of other financial aid programs that can reduce out of pocket costs. 3. Research and apply for private scholarships. 4. Take advantage of EU s no-interest payment plan. 5. Enroll and have the time of your life! Check out the possibilities listed here and then take the next step! 2 100% OF INCOMING STUDENTS RECEIVE EU SCHOLARSHIPS

3 At Evangel you ll benefit from our intentionally low 15:1 faculty-to-student ratio. You will be known by your professors and will be personally mentored through the transition from your degree program to career and life calling. OFFICE OF FINANCIAL AID x7300 For more information about all scholarships listed, visit evangel.edu/scholarships 3

4 ALUMNI SPOTLIGHT KATHERINE CRANK, CLASS OF 2017 B.S. ENVIRONMENTAL SCIENCE B.S. APPLIED MATH, B.S. CHEMISTRY 2017 SCHMITT DOCTORAL FELLOW IN ENVIRONMENTAL ENGINEERING UNIVERSITY OF NOTRE DAME EVANGEL PREPARED ME TO TAKE THE NEXT STEP TOWARDS BECOMING AN ENVIRONMENTAL ENGINEER. MY GOAL IS TO ADDRESS WATER QUALITY ISSUES IN DEVELOPING COUNTRIES. 4

5 MERIT SCHOLARSHIPS Every student who applies to Evangel will be automatically considered for the following scholarships based on high school GPA and ACT/SAT score for freshmen or college GPA for transfers. These are renewable with a 2.0 GPA and good standing with the University. FRESHMAN MERIT Scholars $10,000 Distinction $9,000 Excellence $7,000 Heritage $6,000 Promise Grant $4,000 Use the Freshman Merit Scholarship Calculator for an estimate of your award. Visit: evangel.edu/merit TRANSFER MERIT Excellence $8,000 Heritage $6,000 $7,000 Promise Grant $4,000 $5,000 GPA of 3.6 or higher GPA between 3.0 and Award based on a comprehensive review of the admissions file EU GRANTS AND DISCOUNTS LEGACY*: $1,000 Dependents of alumni who graduated from Evangel, Central Bible College, or Assemblies of God Theological Seminary. EU GRANT: amounts vary Based on need, FAFSA required. Freshmen and transfers. MISSOURI A+ RECOGNITION*: $1,000 Freshmen and transfer students completing the Missouri A+ school program. ZIMMERMAN DISCOUNT*: $500 $2,000 Need-based award. Dependents of active Assemblies of God licensed/ordained ministers. CHURCH MATCH: match up to $500/year Reapplication required annually. *Apply for these awards on the application for admission 5

6 PERFORMANCE SCHOLARSHIPS FOUNDERS PROGRAM: $12,000 $21,000 Premier scholarship program for qualified freshman. Requires 3.5 GPA, composite ACT score of 25 (or 1200 RSAT), admission to Evangel, Founders application and on-campus interview. Recipients must live on campus. (The Founders scholarship replaces merit.) ATHLETICS: amounts vary Baseball, Basketball, Cheerleading, Football, Golf, Softball, Track and Cross Country, Volleyball, and Soccer. MUSIC: amounts vary Based on participation in various vocal and instrumental performance groups. Auditions required. NATIONAL FINE ARTS*: $500 $1,500 Recipients of the National Merit Award or Superior national ranking in solo categories achieved during freshman, sophomore or junior years of high school. Freshmen and transfers. AG AWARD*: $500 Recipients of the Royal Ranger Gold Medal of Achievement, Girls Ministry Gold Medal of Honor, Bible Quiz National Memorization Award, and top five individual Bible Quizzers nationally achieved during freshman, sophomore or junior years of high school. Freshmen and transfers. FORENSICS: $500 $3,000 Based on merit and demonstrated performance. *Apply for these awards on the application for admission. 6

7 ASSEMBLIES OF GOD AFFILIATE TUITION DISCOUNT We are pleased to offer a 50 percent tuition guarantee on classes taken at Evangel University to the dependents of employees (employed a minimum of two years) at the following affiliates. The 50 percent tuition guarantee includes merit and other scholarship programs for which the student is eligible. National Leadership Resource Center Nationally appointed Assemblies of God World Missions Nationally appointed U.S. Missions and Chaplains Convoy of Hope AG Financial Maranatha Village Global University Assemblies of God Credit Union Hillcrest Children s Home Eligibility: Applies only to classes taken at Evangel University. Married children and students over the age of 23 are not eligible for this discount. PRIVATE AND ENDOWED SCHOLARSHIPS* Awarded by academic departments and scholarship committees. Must reapply annually; scholarships are not automatically renewed; amounts vary. *Fall 2018 incoming students the Private and Endowed Scholarship application is open from October 3, 2017 through January 31, A 2.0 minimum GPA is required ASSEMBLIES OF GOD SCHOLARSHIPS RIGGS SCHOLARSHIP FUND: General Superintendent s National Scholarship. Two $30,000 scholarships over four years; Eight one-time $5,000 scholarships. J. ROBERT ASHCROFT NATIONAL YOUTH SCHOLARSHIP: First place $8,000, Second place $4,000, Third place $2,000. For more details, visit the AG Higher Education site at ag.org/higher-education/scholarships OUTSIDE SCHOLARSHIP SEARCH There are thousands of different outside scholarships available to students. It is important to search for outside scholarships early and often in your high school career. Check out some of the websites below. fastweb.com collegexpress.com collegescholarships.org scholarships.com 7

8 CAMPUS JOBS Need-based Federal Work-Study program and institutional employment. Eligible students can apply for an on-campus or community-service job. Amounts vary (recommended hours, between 8 15 hours/week). Visit HireEvangel.com to check out job opportunities at Evangel. FEDERAL GRANTS Federal grants are issued by the government and do not have to be repaid. PELL GRANT Need-based federal grant up to $5,920 per year. FSEOG Need-based federal grant up to $1,000 per year. TEACH GRANT Must be accepted into the Education Department. Pursuing a degree in a high-need field. If requirements are not met, grant will revert to Direct Unsubsidized Loan. Visit studentaid.ed.gov for more information. Federal awards are based on the academic year and may change in future years. 8

9 LOW-INTEREST EDUCATIONAL LOANS Loans are a form of financial aid that have to be repaid. DIRECT SUBSIDIZED LOAN: 4.45% interest* Freshmen: $3,500 Sophomores: $4,500 Juniors and Seniors: $5,500 Need-based federal loan. Interest is paid by the government while student is enrolled at least half time and during six-month grace period. DIRECT UNSUBSIDIZED LOAN: 4.45% interest* Interest accrues while student is in school. If student does not qualify for subsidized loan amount listed under Direct Subsidized Loan, the amount is awarded as unsubsidized. Additional amounts are available for independent students and dependent students whose parents are denied PLUS loan. Freshmen/Sophomores: $4,000; Juniors/Seniors: $5,000 DIRECT PARENT PLUS LOAN: 7% interest* Credit-based federal loan. Parents may borrow on behalf of dependent students. Visit: studentloans.gov and sign in using parent FSA ID to complete the loan request. PRIVATE LOAN** All students may apply through a lending institution. Credit-based. Visit: Evangel.edu/privateloans. *Direct loan interest rates subject to change. Rates as of 11/15/17. **Interest rates vary by lender. 9

10 COST FOR SCHOOL YEAR Tuition $22,146 Double Room $4,304 Board $4,218 Student Fees $1,275 TOTAL $31,943 CONVENIENT MONTHLY PAYMENT PLAN Can be used to pay remaining semester balance after financial aid is applied to the student s account. First of four payments is due at the beginning of each semester. $50 deferred-payment fee per semester. CALCULATING YOUR COST Use our convenient Net Price Calculator to project your financial aid eligibility and estimate your net cost for the upcoming academic year. Visit: evangel.edu/cost-calculator 10

11 YOUR NEXT STEPS STEP 1: APPLY Complete the admissions application online at evangel.edu/apply. STEP 2: COMPLETE Request FSA ID at fsaid.ed.gov for both student and parent (if dependent student) as this serves as your electronic signature. Complete the FAFSA using 2016 federal income tax return at fafsa.ed.gov Evangel University FAFSA Code: STEP 3: REVIEW Monitor your My Financial Aid portal and student for financial aid communications. Once all requirements are met, your financial aid award letter will be mailed to you. If selected for verification, make sure all documents have been submitted and received. Accept your financial aid award through your My Financial Aid in your EU student portal. If using student loans, complete entrance counseling and sign Master Promissory Note (MPN). Notify financial aid counselor of any additional aid you will receive not listed on your award package. Provide a copy of outside scholarship awards from scholarship committee including your name and scholarship amount. Continue to watch your student for future financial aid notifications. Institutional policies and scholarships subject to change. 11

12 APPLY NOW! Evangel.edu/apply 2017 Evangel University FAB1217