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Scholarships & Grants


Scholarships and grants awards spreadsheet
Presidential scholarship award spreadsheet

Institutional Scholarships and Grants

Institutional scholarships require a student to maintain full-time enrollment and are limited to eight semesters (four years) of eligibility. Grace College reserves the right to reduce institutional aid in the event that a combination of federal, state and institutional gift aid exceeds tuition. Students can increase their initial merit award by increasing their standardized test scores when they retake the test through the February test date. All merit awards are based on the cumulative GPA through the student’s seventh semester. Transcripts showing an increase in GPA or class rank must be received by March 1.

Students are automatically considered for these renewable scholarships and notified when admission is granted. For home-schooled students, GPA and test scores are considered.

Scholarship OpportunitiesEligibility Criteria
Amount of Award
Renewability
2019 Presidential Scholarship Competition (invitation only) February 15-16, 2019


December 1 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


  • First-time freshmen

  • To be considered, you must apply for admission by the December 1 deadline

  • 3.7 GPA or top 20 percent class rank

  • Score 1260 SAT* or 27 composite ACT



  • President’s Scholarship (one) (Full tuition)

  • Trustee Scholarships (two) $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 once student has applied and notified when admission is granted



  • Renewable based on academic good standing at the end of each year


Valedictorian Scholarships

  • First-time freshmen

  • Rank first in a class of 10 or more

  • Score 1330 SAT* or 29 ACT is required if class size is fewer than 10



  • $44,000 ($11,000 per year)

  • Automatic consideration once student has applied and notified when admission is granted



  • Renewable based on academic good standing at the end of each year


Salutatorian Scholarships

  • First-time freshmen

  • Rank second in a class of 10 or more

  • Score 1330 SAT* or 29 ACT is required if class size is fewer than 10



  • $40,000 ($10,000 per year)

  • Automatic consideration once student has applied and notified when admission is granted



  • Renewable based on academic good standing at the end of each year


Provost’s Scholarships

  • First-time freshmen

  • 3.9 GPA

  • Score 1330 SAT* or 29 ACT


  • $36,000 ($9,000 per year)

  • Automatic consideration once student has applied and notified when admission is granted

  • Renewable based on academic good standing at the end of each year


Dean’s Scholarships

  • First-time freshmen

  • 3.7 GPA

  • Score 1260 SAT* or 27 ACT



  • $32,000 ($8,000 per year)

  • Automatic consideration once student has applied and notified when admission is granted



  • Renewable based on academic good standing at the end of each year


Honors Scholarships

  • First-time freshmen

  • 3.5 GPA

  • Score 1160 SAT* or 24 ACT



  • $22,000 to $28,000 ($5,500 to $7,000 per year)

  • Automatic consideration once student has applied and notified when admission is granted



  • Renewable based on academic good standing at the end of each year


Miller Merit Awards

  • First-time freshmen

  • 3.2 GPA

  • Score 1060 SAT* or 21 ACT



  • $20,000 ($5,000 per year)

  • Automatic consideration once student has applied and notified when admission is granted



  • Renewable based on academic good standing at the end of each year


Transfer Scholarships

  • 12 or more college credit hours after high school with cumulative GPA between 3.0 and 4.0


  • $16,000-$30,000 ($4,000-$7,500 per year)

  • Automatic consideration once student has applied and notified when admission is granted


  • Renewable based on academic good standing at the end of each year


Charis Fellowship Scholarships

  • Participation in a Charis Fellowship church



  • $1,250 per year

  • Automatic consideration once student has applied and notified when admission is granted



  • Renewable based on academic good standing at the end of each year


Grace Diversity Scholarships

  • Must be an international student or member of minority group



  • $2,000 per year

  • Automatic consideration once student has applied and notified when admission is granted



  • 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


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 at the end of each year

  • Participation in the sport while at Grace College


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 February 28

  • Up to $500 matching ($1,000 total) if church participation and student roster are submitted after February 28 and before August 1



  • Renewable based on continued church participation

  • Submission of student roster by August 1


Millennial Scholar Academy Scholarship More Information
More Information
More Information

Federal Grants

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, 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, eligibility and how 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


Questions?

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