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Award Categories Defined
Achievement Awards
Performance Awards
Affiliation Awards
*cannot be combined with Nazarene Challenge or Nazarene PK/MK Access AwardsThese will be determined prior to awarding, ideally around November 15. MVNU Performance Awards
Academic Transfer ScholarshipsSee www.gotomvnu.com/transfer/finaid.asp MVNU Need-Based AwardsUniversity Fund Scholarship - Varies (need-based on FAFSA and remaining need) Federal GrantsFederal Pell Grant - up to $5,550 (need-based, determined by FAFSA) Federal Supplemental Education Opportunity Grant - $500 (need-based, determined by FAFSA, limited funding) Federal Work-Study Eligible - Up to $1,800 (need-based by FAFSA; must secure job to receive) Federal LoansFederal Direct Unsubsidized Loan - at least $2,000 (non-need-based, interest accrues immediately at 6.8% rate, deferred until 6 months after graduation or not enrolled) Federal Direct PLUS Loan - Varies (Loan in parent's name requires credit check. Awarded on difference between financial aid and direct costs. 10 year term, 7.9% interest rate) Federal Direct Subsidized Stafford Loan - up to $3,500 (need-based, no interest while in school, 6.8% rate, Deferred until 6 months after graduation or not enrolled) Perkins Loan - $2,000 (need-based, 5% interest rate deferred until after graduation, limited funding) Diversity Leadership ScholarshipStudents that have diverse backgrounds spiritually, ethnically, culturally, etc. may be eligible to receive this award. Students must also show a history of service to church, school and community as well as have 2.50 or higher GPA. For additional eligibility information and requirements contact the Office of Intercultural Life. |
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