Scholarships for Academic Honors
Presidential Scholarship Competition
This invitation-only competition takes place February 17-18,
2017. Grace College awards 68 scholarships to participants
based on academic merit, writing, and interviews.
President’s Scholarship (1) - full tuition
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)
These scholarships are automatically awarded
upon acceptance and are based on high school
academics. The criteria for the amount awarded
is based on GPA and SAT or ACT scores.
National Merit Finalist Scholarships - full tuition
Valedictorian Scholarships - $44,000 ($11,000 per year)
Salutatorian Scholarships - $40,000 ($10,000 per year)
Provost’s Scholarships - $36,000 ($9,000 per year)
Dean’s Scholarships - $32,000 ($8,000 per year)
Honors Scholarships - Up to $28,000 (up to $7,000 per year)
Miller Merit Awards - Up to $20,000 (up to $5,000 per year)
Average financial aid $15,000 per year
Average federal and Grace College financial award history
(includes federal grants, loans, and institutional
scholarships; it does not include state aid).
State aid increases this average for students who qualify.
In addition to the PSC and Merit Scholarships, Grace provides scholarships
that vary in amount awarded and number of years renewable including:
Fellowship of Grace Brethren Churches Scholarships - $5,000 ($1,250 per year)
Grace Diversity Scholarships - Up to $8,000 (up to $2,000 per year)
Clergy Children’s Awards - Up to $5,000 (up to $1,250 per year)
Transfer Student Scholarships - Up to $30,000 (up to $7,500 per year)
Church Matching Grant Program - Grace will match up to $4,000 (up to $1,000 per year)
Grace College Department Awards - Amount determined by audition or portfolio review and interview
Millennial Scholars Academy Scholarships - Up to $7,000 (starts at $1,000 per year +$500 each year
requirements are completed)
*all total amounts based on 4 years.
**combined institutional scholarships do not exceed cost of tuition.