Scholarships and Grants
Grace College Scholarships and Grants
At Grace, you’ll find people that care about you…and your budget. Grace College scholarships and grants are offered to 100% of our full-time traditional undergraduate students. It’s just one of the ways of Grace!
Merit Scholarships*
*effective for students entering Fall 2023
Your hard work in high school was worth it! You will automatically receive a merit scholarship based on your high school GPA when admission is granted.
| High School GPA | Amount | Scholarship |
|---|---|---|
| 4.0+ | $12,500 per year | Provost's Scholarship |
| 3.75 - 3.99 | $11,500 per year | Dean's Scholarship |
| 3.50 - 3.74 | $10,000 per year | Honors Scholarship |
| 3.0 - 3.49 | $9,000 per year | Distinction Scholarship |
| Under 3.00 | $8,000 per year | Achievement Scholarship |
*Merit scholarships can be increased through March 1 of the senior year when an updated transcript is submitted.
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Incoming first-time freshmen visit and interview on campus for additional scholarship opportunities. All student scholars that participate receive a minimum $1,000 per year scholarship. To learn more, go to www.grace.edu/scholar or talk with your Admissions Counselor.
Amount of Awards
- 2 President’s Scholarships – Full tuition
- 8 Trustee Scholarships – $80,000($20,000 per year)
- 8 Faculty Scholarships – $72,000 ($18,000 per year)
- 12 McClain Scholarships – $60,000 ($15,000 per year)
- Winona Merit Scholarships – $4,000 ($1,000 per year added to merit scholarship)
**At each of the four Presidential Scholarship Days, the following scholarships will be decided within one week of the event date: 2 Trustee Scholarships, 2 Faculty Scholarships, 3 McClain Scholarships. Two full-tuition President’s Scholarships will be awarded on March 1, 2023.
Eligibility Criteria
Meet TWO out of three requirements:
- 3.75 GPA
- Top 20% class rank
- Score 1230 SAT or 26 ACT
Renewability
- Renewable based on academic good standing at the end of each year
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Amount of Award
- Full Tuition (Institutional, state, and federal scholarships/grants used toward full tuition)
Eligibility Criteria
- Adjusted Gross Income ≤ $60,000 as calculated by the FAFSA
- Must be an Indiana resident with a 3.0 GPA
- Must be accepted and full tuition awarded by January 1. Case-by-case consideration after January 1
Renewability
- Must complete the FAFSA by the Indiana state deadline annually
- Renewable based on academic good standing at the end of each year
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Amount of Award
- $2000 ($500 per year)
Eligibility Criteria
- List Grace College’s school code (001800) on FAFSA
Renewability
- Annually submit the FAFSA by filing deadlines
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Amount of Award
- 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
Eligibility Criteria
- Church participation in program
- Submission of church participation and student roster
Renewability
- Renewable based on continued church participation
- Submission of student roster by August 1
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Amount of Award
- Amounts vary as determined by Athletic Department/coach
Eligibility Criteria
- 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
Renewability
- Renewable based on academic good standing at the end of each year
- Participation in the sport at Grace College
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Amount of Award
- Full Tuition (Institutional, state, and federal scholarships/grants used toward full tuition)
Eligibility Criteria
- Must be a 21st Century Scholar
- Must complete the FAFSA by the Indiana state deadline
- Adjusted Gross Income ≤ $65,000 as calculated by the FAFSA
Renewability
- Must complete the FAFSA by the Indiana state deadline annually
- Renewable based on academic good standing at the end of each year
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Amount of Award
- $5,000 ($1,250 per year)
Eligibility Criteria
- Must be an international student or member of minority group
- Automatic consideration once student has applied and notified when admission is granted
Renewability
- Renewable based on academic good standing at the end of each year
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Amount of Award
- $48,000Â Grace Guarantee of at least $12,000 per year in college grants and scholarships
Eligibility Criteria- Resident of Kosciusko County (Indiana) on college application and the FAFSA
Renewability- Renewable based on academic good standing at the end of each year
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Amount of Award
- $5,000 (1,250 per year)
Eligibility Criteria
- Participation in a Charis Fellowship church
- Need-based consideration once student has applied and included Grace College on the FAFSA
Renewability
- Renewable based on academic good standing at the end of each year
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Amount of Award
- Amounts vary
Eligibility Criteria
- Non-U.S. Citizens only
- Demonstrated financial need on the Declaration of Financial Support
Renewability
- Renewable based on academic good standing at the end of each year
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Amount of Award (Based on College Cumulative GPA)
- 4.0 GPA = $13,000 per year
- 3.8 – 3.99 GPA = $11,000 per year
- Under 3.8 GPA = $10,000 per year
Eligibility Criteria
- 12 or more college credit hours after high schoolÂ
- Automatic consideration once student has applied and notified when admission is granted
Renewability
- Renewable based on academic good standing at the end of each year
Federal & State Aid
Federal and state governments determine your eligibility for financial aid with the FAFSA. After October 1 of your senior year, complete the Free Application for Federal Student Aid (FAFSA) at www.fafsa.gov.
When you list Grace College on your FAFSA, you’ll receive a $2,000 FAFSA Grant ($500 per year) to Grace and we will send you a detailed description of your financial aid in your Financial Aid Award Notification.
Remember to file your FAFSA before the Indiana deadline of April 15!
Local Scholarships
Be sure to apply for grants and scholarships in your local community. The vast majority of other scholarships come from local organizations that want to help!
Various funds are allocated each year within communities to award to students going to college. Click below to see if your county has aid available for you.
Kosciusko, Allen, Elkhart, Wabash, Marshall, County Search
Student that live in Northeast Indiana, should also consider the excellent forgivable loans offered by the Questa Foundation.
Additional Information
Many external organizations offer scholarship programs. 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. All students who receive outside scholarships must notify Student Financial Aid. Generally, institutional financial aid and outside scholarships cannot exceed the cost of attendance.
Student employment may be available to qualified students who wish to work in order to help meet part of their expenses. On-campus, we offer need-based Federal Work-Study and non-need based Grace Work Study Positions. Also offered are employment opportunities in off-campus community service through the Federal Work-Study Program. Student employees average approximately 10 hours per week and receive paychecks every two weeks for their work. (This process may vary for those in off-campus Federal Work-Study positions.)
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.
Online Resources
- Fastweb
- College Board
- Access Scholarships
- FinAid
- FAFSA
- ED.gov
- Questa Foundation
- Test Prep Review
- Thrivent Student Resources
- Financial Aid Checklist – Use this checklist to keep your financial aid process on track.
- Scholarships and Grants – Help finance your education by exploring Grace scholarships and federal grant opportunities.
- College Loans –Â Learn more about federal loans, private loans, and work-study opportunities.
- Graduate Scholarship Search
Questions?
Email Admission or call 866-974-7223