Scholarships & Grants

Institutional Scholarships and Grants

Most institutional scholarships require a student to live on campus and maintain full-time enrollment. In addition, institutional aid is limited to eight semesters (four years) of eligibility. The eight semesters are limited to fall and spring semesters. Grace College reserves the right to reduce institutional aid in the event that a combination of federal, state, and institutional gift aid exceeds direct cost. Students can increase their initial merit award by increasing their standardized test scores when they retake the test by the February test date. All merit awards are based on the GPA of the student's seventh semester.

Scholarships & Grants for Freshmen

Scholarship Opportunities

Eligibility Criteria

Amount of Award

Renewability

2014 Presidential Scholarship Competition (invitation only) February 14-15, 2014

December 15 application deadline.

Finalists are selected by January 15 and invited to compete on the Grace College campus. For more information, talk to your Admissions Counselor or email enroll@grace.edu.

  • To be considered, you must apply for admission by the December 15 deadline
  • 3.7 GPA or top 20% class rank
  • Score 1200 SAT* or 27 composite ACT
  • President’s Scholarship (1) $100,000 ($25,000 per year)
  • Trustee Scholarships (2) $80,000 ($20,000 per year)
  • Faculty Scholarships (5) $68,000 ($17,000 per year)
  • Achievement Scholarships (10) $56,000 ($14,000 per year)
  • McClain Scholarships (20) $48,000 ($12,000 per year)
  • Winona Merit Scholarships (30) $4,000 ($1,000 per year added to scholarship offer)
  • Renewable based on academic good standing at the end of each year

National Merit Finalist Scholarships

  • National Merit Finalist
  • Full-tuition
  • Automatic consideration when apply and notified when admission is granted
  • Renewable based on academic good standing at the end of each year

Valedictorian Scholarships

  • Rank 1st in a class of 10 or more
  • Score 1300 SAT* or 29 ACT
  • $44,000 ($11,000 per year)
  • Automatic consideration when apply and notified when admission is granted
  • Renewable based on academic good standing at the end of each year

Salutatorian Scholarships

  • Rank 2nd in a class of 10 or more
  • Score 1300 SAT* or 29 ACT
  • $40,000 ($10,000 per year)
  • Automatic consideration when apply and notified when admission is granted
  • Renewable based on academic good standing at the end of each year

Provost’s Scholarships

  • 3.9 GPA
  • Score 1300 SAT* or 29 ACT
  • $36,000 ($9,000 per year)
  • Automatic consideration when apply and notified when admission is granted
  • Renewable based on academic good standing at the end of each year

Dean’s Scholarships

  • 3.7 GPA
  • Score 1200 SAT* or 27 ACT
  • $32,000 ($8,000 per year)
  • Automatic consideration when apply and notified when admission is granted
  • Renewable based on academic good standing at the end of each year

Honors Scholarships

  • 3.5 GPA
  • Score 1100 SAT* or 24 ACT
  • $22,000-$28,000 ($5,500-$7,000 per year)
  • Automatic consideration when apply and notified when admission is granted
  • Renewable based on academic good standing at the end of each year

Miller Merit Awards

  • 3.2 GPA
  • Score 1000 SAT* or 21 ACT
  • $14,000-$20,000 ($3,500-$5,000 per year)
  • Automatic consideration when apply and notified when admission is granted
  • Renewable based on academic good standing at the end of each year

FGBC Scholarships

  • Participation in an FCBG church
  • $1,250 per year
  • Automatic consideration
  • Renewable based on academic good standing at the end of each year

Grace Diversity Scholarships

  • Must be a U.S. Citizen and
  • Member of minority group
  • Up to $4,000 per year
  • Automatic consideration
  • Renewable based on academic good standing at the end of each year

Clergy Children’s Awards

  • Must be a dependent, unmarried child of a full-time pastor or missionary
  • Up to $1,250 per year
  • Determined by demonstrated
  • financial need through filing the FAFSA

  • Renewable based on demonstrated financial need through filing the FAFSA

Grace College Grants

  • Demonstrated financial need
  • Up to $4,000 per year
  • Determined by demonstrated financial
  • need through filing the FAFSA

  • Renewable based on demonstrated financial need through filing the FAFSA

Athletic Talent Awards

  • Athletic talent in baseball, men’s and women’s basketball, cheerleading, men’s and women’s soccer, softball, men’s and women’s tennis, men’s and women’s track/cross country, volleyball, or golf
  • Award amount determined by the Athletic Department/coach
  • Renewable based on academic good standing
  • Participation in the sport while at Grace College

Grace College Department Awards

  • Major and/or minor in the following areas: Art, Business
  • Drama Awards: Participate in some aspect of theatre production
  • Award amount determined by audition or portfolio review and interview
  • Renewable based on academic good standing
  • Participation in the arts while at Grace College

Millennial Scholars Academy Scholarship

More information.

More information.

More information.

Church Matching Grant Program

 

Financial Aid Forms

 

  • Church participation in program
  • Submission of church participation and student roster
  • Up to $1,000 matching ($2,000 total) if church participation and student roster are submitted by Feb. 15
  • Up to $500 matching ($1,000 total) if church participation and student roster are submitted after Feb. 15 and before Aug. 1
  • Renewable based on continued church participation
  • Submission of student roster by August 1

 

Scholarships & Grants for Transfer Students

Scholarship Opportunities

Eligibility Criteria

Amount of Award

Renewability

FGBC Scholarships

Participation in an FGBC church

  • $5,000 ($1,250 per year)
  • Automatic consideration
  • Renewable based on academic good standing at the end of each year

Clergy Children’s Awards

  • Must be a dependent, unmarried child of a full-time pastor or missionary
  • Up to $1,250 per year
  • Determined by demonstrated financial need through filing the FAFSA
  • Renewable based on demonstrated financial need through filing the FAFSA

Grace College Grants

  • Demonstrated financial need
  • Up to $4,000 per year
  • Determined by demonstrated financial need through filing the FAFSA
  • Renewable based on demonstrated financial need through filing the FAFSA

Transfer Student Scholarship

  • Enrolled full-time at Grace Greater than 24 credit hours of transfer work GPA 4.0
  • $7,500 per year
  • Renewable based on academic good standing at the end of each year

Transfer Student Scholarship

  • Enrolled full-time at Grace Greater than 24 credit hours of transfer work GPA 3.9
  • $6,500 per year
  • Renewable based on academic good standing at the end of each year

Transfer Student Scholarship

  • Enrolled full-time at Grace Greater than 24 credit hours of transfer work GPA 3.8
  • $5,500 per year
  • Renewable based on academic good standing at the end of each year

Transfer Student Scholarship

  • Enrolled full-time at Grace Greater than 24 credit hours of transfer work GPA 3.7
  • $5,000 per year
  • Renewable based on academic good standing at the end of each year

Transfer Student Scholarship

  • Enrolled full-time at Grace Greater than 24 credit hours of transfer work GPA 3.6
  • $4,500 per year
  • Renewable based on academic good standing at the end of each year

Transfer Student Scholarship

  • Enrolled full-time at Grace Greater than 24 credit hours of transfer work GPA 3.5
  • $4,000 per year
  • Renewable based on academic good standing at the end of each year

Transfer Student Scholarship

  • Enrolled full-time at Grace Greater than 24 credit hours of transfer work GPA 3.4
  • $3,500 per year
  • Renewable based on academic good standing at the end of each year

Transfer Student Scholarship

  • Enrolled full-time at Grace Greater than 24 credit hours of transfer work GPA 3.3
  • $3,000 per year
  • Renewable based on academic good standing at the end of each year

Transfer Student Scholarship

  • Enrolled full-time at Grace Greater than 24 credit hours of transfer work GPA 3.2
  • $2,500 per year
  • Renewable based on academic good standing at the end of each year

Transfer Student Scholarship

  • Enrolled full-time at Grace
  • Greater than 24 credit hours of transfer work
  • GPA 3.2
  • $1,000 per year
  • Renewable based on academic good standing at the end of each year

Transfer Student Scholarship

  • Enrolled full-time at Grace Greater than 24 credit hours of transfer work GPA < 3.2, but high school cumulative GPA is ≥ 3.5
  • $500 per year
  • Renewable based on academic good standing at the end of each year

Transfer Student Scholarship

  • Enrolled full-time at Grace
  • Greater than 24 credit hours of transfer work
  • SAT is ≥ 1100 or ACT ≥ 24
  • $500 per year
  • Renewable based on academic good standing at the end of each year

Transfer Student Scholarship

  • Enrolled full-time at Grace
  • Greater than 24 credit hours of transfer work
  • Top 10% of class
  • $500 per year
  • Renewable based on academic good standing at the end of each year

Athletic Talent Awards

  • Athletic talent in baseball, men’s and women’s basketball, cheerleading, men’s and women’s soccer, softball, men’s and women’s tennis, men’s and women’s track/cross country, volleyball, or golf
  • Award amount determined by the Athletic Department/coach
  • Renewable based on academic good standing
  • Participation in the sport while at Grace College

Grace College Department Awards

  • Major and/or minor in the following areas: Art, Business
  • Drama Awards: Participate in some aspect of theatre production
  • Award amount determined by audition or portfolio review and interview
  • Renewable based on academic good standing
  • Participation in the sport while at Grace College

Church Matching Grant Program

  • Church participation in program
  • Submission of church participation and student roster
  • Up to $1,000 matching ($2,000 total) if church participation and student roster are submitted by Feb. 15
  • Up to $500 matching ($1,000 total) if church participation and student roster are submitted after Feb. 15 and before Aug. 1
  • Renewable based on continued church participation
  • Submission of student roster by August 1

All scholarships are renewable based on full-time enrollment, and academic good standing (Minimum 2.0 cumulative GPA) at the end of each academic year. For homeschool students, GPA and test scores are considered. Tuition, room, board and fees for the 2012-2013 academic year: $30,744.

*SAT scores based on math and critical reading scores only.

Freshmen are automatically considered for these renewable scholarships and notified when admission is granted. For homeschool students, GPA and test scores are considered.

Federal Grants

Federal Pell Grant Program

The Federal Pell Grant is a need-based program for eligible college students. In 2013-2014, a Pell Grant for a qualified student could range from $650 to $5,645. This is an entitlement award and eligibility is determined from the FAFSA.  Students are only eligible to receive Pell Grants for up to 6 full years of 12 full time semesters.

Federal Supplemental Educational Opportunity Grant

This federally sponsored grant program is to supplement other forms of assistance for students with significant financial need. The recipients are selected by Student Financial Aid in accordance with the guidelines of the U.S. Department of Education. The number and amount of these awards will depend on an annual appropriation of Congress.

State Scholarships and Grants

Students from Indiana, Pennsylvania, Rhode Island, and Vermont should apply for a state scholarship program. Information and application procedures may be obtained from the scholarship agency of the student's home state.

Local Scholarships

The Kosciusko County Community Foundation has more than 70 scholarship funds available for graduating high school seniors, current college students, and non-traditional students. For a list of scholarships, information on qualifications and eligibility, and to apply, go to the Kosciusko County Community Foundation website

Other Scholarship Assistance

Many external organizations offer scholarship programs. Students are encouraged to investigate such opportunities. High school guidance offices and libraries often have resource materials listing these programs. Parent's employers may offer assistance. Eligible U.S. veterans or their dependents may have educational benefits available to them. Handicapped students may qualify for assistance from their state agency. Community service organizations and local bank trust departments may also have funding available. All students who receive outside scholarships must notify Student Financial Aid. Outside scholarships are always in addition to Grace College merit-based scholarships up to the full cost of attendance.

Online Resources

Scholarships

Questions?

Email Financial Aid or call 800-544-7223, ext. 6162.