Financial Aid Scenarios

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Financial Aid Scenarios

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The following scenarios represent sample student situations:

Scenario #1

Student taking 12 hours receiving 50% Academic Excellence Scholarship and 50% Church Service Covenant
Tuition@ $1500 per class x 4	$6,000
Base payment to be made by student	$1,100
Academic Excellence Scholarship-50% x $6,000-$1100 base payment	$2,450
Church Service Covenant-50% x $6,000-$1100 base payment	$2,450

Total Aid Received	$4,900
Total Student Payment	$1,100

Scenario #2

New Student taking 12 hours receiving 40% Academic Excellence Scholarship and 50% Church Service Covenant
Tuition@ $1500 per class x 4	$6,000
Base payment to be made by student	$1,100
Academic Excellence Scholarship-40% x $6,000-$1100 base payment	$1,960
Church Service Covenant-50% x $6000-$1100 base payment	$2,450
Balance to be Paid by Student	$490

Total Aid Received	$4,410
Total Student Payment	$1,590

Scenario #3

Student taking 6 hours receiving 50% Academic Excellence Scholarship OR Church Service Covenant
Tuition@ $1500 per class x 2	$3,000
Base payment to be made by student	$1,100
Academic Excellence Scholarship OR Church Service Covenant-50% x $3,000-$1100 base payment	$950
Balance to be Paid by Student	$950

Total Aid Received	$950
Total Student Payment	$2,050