financial aid guide

Affordability GuideGreenville College

2012-2013

ATTENDING COLLEGE will have a considerable impact on you – emotionally, professionally and financially. When you choose Greenville College, you can be assured that you have selected one of the finest values in Christian higher education.

At this stage of your college search process we urge you to consider

the final cost of education after financial aid has been awarded. Here at Greenville, 96 percent of our students receive financial aid in the form of grants, scholarships, loans and work-study. Once financial aid has been factored in, you’ll find the final cost to be within your reach.

Tuition* $22,750Housing $3,664Meal Plan $3,912Fees $170

TOTAL $30,496

COST

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* Book rental is included in tuition

That’s it - the financial aid office will notify you once your award letter has been prepared and is ready for you to view.

Greenville College students receive an average financial aid package of

$19,978

OUR FINANCIAL AID OFFICE wants to partner with you to successfully find the resources necessary to finance your education.

STEP

1 APPLYYou must be admitted into the college before you can be awarded financial aid

STEP

2 FILE YOUR FAFSAComplete your FAFSA as soon as possible between January 1 and March 1. Have your information sent directly to Greenville College by using college code 001684.

STEP

3INVESTIGATEThere are many alternative options for financial help. Local companies and organizations often offer scholarships to students from the community or children of employees. Check out www.finaid.org, www.fastweb.com and the Greenville College Financial Aid web page for additional resources.

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Boyer Scholarship

McAllaster Honors Scholarship

Trustee’s Scholarship

President’s Scholarship

Dean’s Scholarship

Transfer Merit Scholarship

Transfer Honor Scholarship

Character & Service Scholarship

First-time freshmen students who are a National Merit Semifinalist or Finalist.

First-time freshman with a cumulative GPA of 3.5/4.0 and a minimum score of 27 on the ACT or 1210 on the SAT.

First-time freshmen students with a cumulative GPA of 3.0/4.0 and a minimum score of 29 on the ACT or 1280 on the SAT.

First-time freshmen students with a cumulative GPA of 3.0/4.0 and a minimum score of 27 or 28 on the ACT or 1210 on the SAT.

First-time freshmen students with a cumulative GPA of 3.0/4.0 and a score of 22 to 26 on the ACT or 1020 on the SAT.

Transfer students who hold a membership in Phi Theta Kappa or any transfer student with a college cumulative GPA of 3.5 to 4.0 / 4.0.

Transfer students who hold a membership in Phi Theta Kappa or any transfer student with a college cumulative GPA of 3.0 to 3.49 / 4.0.

Only available to students not qualifying for another Greenville College Merit scholarship. Students must have a cumulative GPA of 2.5/4.0.

Three-fourths of tuition per year

$12,000 per year

$10,000 per year

$9,000 per year

$8,000 per year

$8,000 per year

$7,000 per year

$500 to $5,000 per year

Confirm eligibility with the Admissions Office.

Submit the FAFSA and complete the McAllaster Honors Scholarship application. This scholarship is limited to 30 students a year and begins taking applications on October 1st.

Submit official high school transcripts and test scores with your admission application.



Submit a copy of the Phi Theta Kappa certificate to the Admissions Office or submit official college transcripts to the Admissions Office.

Submit a copy of the Phi Theta Kappa certificate to the Admissions Office or submit official college transcripts to the Admissions Office.

New student eligibility taken from information provided on the Admissions Application. To qualify, students must also file the FAFSA.

MER

ITPROGRAM WHO IS ELIGIBLE? HOW MUCH? HOW TO APPLY?

Art Scholarship

Science Scholarship

Music Major Scholarship

Music Excellence Scholarship

Music Ensemble Award

Marching Band Award

Students majoring in Art.

Students planning to major in Biology, Chemistry, Mathematics, or Physics (or a related field) who also qualify for one of the following Merit Scholarships: Boyer, Trustee’s or President’s.

Students majoring in Music. (Note: excludes Music Business, Digital Media, Media Promotions and Music Minors). Participation required each semester in an approved ensemble.

Students with top audition performance rating and are also Music Major Scholarship recipients. Selection of up to eight recipients. Students must be pursuing a BA in Music, Music Education or CCM.

Students who participate in the Chamber Orchestra, College Choir, Concert Band, Fusion Ensemble, or Touring Worship Arts Ensemble for credit and are not eligible for the Music Major Scholarship.

Students who participate in the Marching and Pep Bands for credit.

Up to $1,500 per year. Both portfolio evaluation and need are taken into consideration.

$1,000 to $2,000 per year. Essay evaulation and need are both taken into consideration.

Up to $1,000 per year


$500 per year

$500 per year

Must submit art portfolio to Art Department by February 15 for consideration. Contact Art Department for details.

Science Scholarship Essay must be received by February 15. For essay details, contact Admissions Office or visit greenville.edu/financialaid.

Based on in-person or videotaped audition. Audition deadline is February 15. Visit greenville.edu/financialaid for audition information.

Based on in-person or videotaped audition. Audition deadline is February 15. Visit greenville.edu/financialaid for audition information.

Based on in-person or videotaped audition. Audition must be received by February 15. Visit greenville.edu/financialaid for audition information.

Based on in-person or videotaped audition. Audition must be conducted by February 15. Visit greenville.edu/financialaid for audition information.

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Greenville College Scholarship

Christian Service Dependent Scholarship

International Student Scholarship

Full-Time students who are U.S. citizens and demonstrate financial need through submitting the FAFSA.

Dependents of ministers or missionaries who are full-time employees of the church and whose primary income is derived from the church.

International students who show financial need.

Amounts vary based on demonstrated financial need.



File the FAFSA as soon as possible after January 1. List code 001684 on the FAFSA for Greenville College.

File the FAFSA as soon as possible after January 1 and confirm your eligibility with the Admissions Office and the Financial Aid Office.

Complete the Declaration of Finances Form available from the Office of Admissions.

LEGA

CY Legacy Scholarship Dependents of Greenville College Alumni, members or active participants in Free Methodist church programs, or siblings of currently enrolled dependent siblings at Greenville College.

$500 per year; renewed annually by maintaining a 2.0 GPA.

Confirm eligibility with the Admissions Office.

Church Partnership Scholarship Program

Any full-time undergraduate student with support of local congregation.

Greenville College will match a minimum of $250 and up to $1,000 of scholarship funds provided by church.

Submit completed Church Partnership application form (approved by local church) to Greenville College by March 1. After March 1, Greenville College portion of the scholarship will depend on availability of funding.M

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Federal Pell Grant

SEOG (Federal Supplemental Educational Opportunity Grant)

Students with financial need and making satisfactory progress.

Full-time, PELL-eligible students with extreme financial need.

Up to $5,550 per year. Must apply annually.

Up to $2,000 per year. Must apply annually.



Direct Subsidized/Unsubsidized (dependent student)

Direct Subsidized/Unsubsidized (independent student)

Federal PLUS Loan for Parents

Federal Perkins Loan

Subsidized – needUnsubsidized – non-need

Subsidized – needUnsubsidized – non-need

Parents of dependent undergraduate students.

Need-based; Limited funds available. Reserved for neediest students.

$5,500 year one; $6,500 year two; $7,500 each year after; $31,000 max undergraduate

$9,500 year one; $10,500 year two; $12,500 each year after; $57,500 max undergraduate

Full cost of attendance less other financial aid

Up to $4,000. Must apply annually.





ISAC MAP Grant Residents of Illinois with EFC up to 8999 and meets state FAFSA suspension date.

Up to $4,720 per year based on need. If student is enrolled in less than 15 credit hours per semester, then award amount is prorated. Must apply annually.

File the FAFSA between January 1 and March 1. See www.collegeillinois.org for details.

GRAN

TSPROGRAM WHO IS ELIGIBLE? HOW MUCH? HOW TO APPLY?

LOAN

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RobertRobert is a music major from outside Illinois with an ACT score of 21. He and his two siblings come from a family with an AGI between $110,000 - $120,000.

Case StudiesGRANTS

$1,000 (SEOG)

$1,900(Pell)

LOANS

$5,472(Direct Loan)

$5,472(Direct Loan)

$5,472(Direct Loan)

FEDERAL STATE OF ILLINOIS

GRANTS

$4,720(Illinois MAP Grant)

GREENVILLE COLLEGE

SCHOLARSHIPS

$6,000(Dean)

$4,790(Need-based)

$2,500(Character & Service)

$1,500 (Christian Service Dependent)

$500 (Legacy)

$8,850 (Need-based)

$1,000 (Music)

$2,500 (Character & Service)

$2,090 (Need-based)

JohnJohn is an Illinois resident with a 22 ACT score. He comes from a single-parent household with one sibling and an AGI between $40,000 - $50,000.

JaneJane lives outside Illinois. She is one of two children in her family with an AGI between $80,000 - $90,000.

Tuition, Fees, Room & Board $29,536 - Scholarships/Grants $18,410 - Direct Loan $5,472

Out-of-Pocket Costs* $5,654





Examples based on 2011-12 tuition rates.

*John, Jane, and Robert all used different methods for covering their out-of-pocket costs. Greenville College works with each family to help determine the best way to pay. Here are the options available to pay out-of-pocket expenses:

You must have a payment plan approved by the Student Accounts Office before you are allowed to complete registration. The payment plan options are listed below.

1. Cash PaymentAll semester charges, less approved financial aid, are due before you can officially complete registration. Make check or money order payable to Greenville College. Payments may be made with a MasterCard, Discover, or American Express credit card. (Each semester’s bill is due approximately two weeks prior to the first day of classes.)

2. Monthly Payment PlanA monthly payment plan is available for students/parents wishing to pay accounts over a 8-12 month period. Specific details about the program will be mailed in the spring. Contact the Student Account Office for more information.

Tuition Management Systems

3. Federal Parent PLUS Loans or Alternative LoansMany families take additional loans to pay any balance left on the student’s bill. Information is available on this brochure about your loan options.

Federal Work Study/Campus EmploymentSeveral types of student work are available on campus. Applications are available in the Business Office. Student wages for hours worked are paid by direct deposit twice a month.

Students are responsible for securing a job and working the contracted hours before a paycheck is issued. Priority consideration is given to students eligible for Federal Work-Study. Off-campus employment is also available in the community. These positions are posted in the Leadership and Life Calling office.

HOW TO PAYThrough the Free Application for Federal Student Aid (FAFSA), the federal government determines a minimum amount the family is expected to contribute to the student’s educational expenses (EFC = Expected Family Contribution) based upon student and family resources. Regardless of the school the student chooses to attend, the EFC remains constant. The student’s need varies depending upon the cost of the school attended.

For example, Sam is considering 3 different colleges, each having a different cost of attendance. Since his EFC was determined to be $1,896, his “financial need” varies with each institution. Each institution will put together a financial aid package and try to meet as much of Sam’s financial need as possible.

Cost of Attendance(Variable)

Expected FamilyContribution (Constant)

Need (Variable)

$38,265

$30,496

$13,757

$36,369

$28,600

$11,861

$1,896- = EFCEFC

HOW NEED IS DETERMINED

Don’t forget File your FAFSA by March 1 to be considered for financial

aid. Greenville College code is 001684.

Questions?Web greenville.edu/financialaid

Email [email protected]

Phone (618) 664-7108

Financial Aid Office315 E. College Avenue

Greenville, IL 62246

financial aid guide

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