2013-2014 Institutional Aid
Financial Aid can be an important part of paying for college, and we believe that a good blend of merit and need-based aid is the best way to help students achieve their goals.
Enrollment in the full-time block (12-18 credits) and a FAFSA are required to receive institutional financial aid at Multnomah University.
Scholarships
|
Type of Aid |
Amount |
Requirements |
Deadline |
|
Founder's Scholarship* |
$7,000 |
3.7 GPA, 1800SAT/27ACT, and a top 10% class rank. Must meet 2 of the 3 criteria. Renewable 4 years with 3.0 GPA. |
8/1 |
|
President's Scholarship* |
$6,000 |
3.5 GPA, 1650SAT/27ACT, and a top 20% class rank. Must meet 2 of the 3 criteria. Renewable 4 years with 3.0 GPA. |
8/1 |
|
Dean's Scholarship* |
$5,000 |
3.3 GPA, 1500SAT/27ACT, and a top 25% class rank. Must meet 2 of the 3 criteria. Renewable 4 years with 3.0 GPA. |
8/1 |
|
Director's Scholarship* |
$2,500 |
A student who meets 1 but not 2 of the above criteria. Renewable 4 years with 3.0 GPA. |
8/1 |
|
Transfer Achievement Scholarship (Tier1) |
$4,500 |
3.5+ college GPA. Renewable 3 years with 3.0 GPA.
|
|
|
Transfer Achievement Scholarship (Tier2) |
$3,500 |
3.25+ college GPA. Renewable 3 years with 3.0 GPA. |
|
|
Marvin O. Johnson Teacher Ed Scholarship |
up to $5,000 |
Admittance into BA-Elem. Ed program, 3.0 GPA, and continuous enrollment w/out gaps. Non-renewable, but student may reapply annually, read more in the brochure. |
Spring: 10/1
Fall: 4/1 |
* Applies to HS Seniors/First-time Freshmen, only.
Awards
|
Type of Aid |
Amount |
Requirements |
Deadline |
|
Alumni Award |
$2,500 |
One parent graduated from any MU program
Renewable 4 years |
|
|
Christian Service Award |
$1,000 |
Parent in full-time, paid staff position with a church, parachurch, or mission organization
Renewable 4 years |
|
|
AWANA Citation Award |
$1,000 |
AWANA Citation Award recipient
Renewable 4 years |
|
|
Military Service Award* |
$1,500 |
Honorably discharged veteran
Renewable 4 years |
|
|
First Generation Award |
up to $5,000 |
A need-based scholarship for students that are the first in their family to attend college. Requires need as determined by the FAFSA and a 2.5 high school GPA. Parent/step-parent could have attended college or completed an Associate's degree, but not a Bachelor's degree.
Renewable 4 years |
|
* Students with 100% eligibility of Post-9/11 GI Bill are not eligible for any institutional aid except for Military Service Award
Other Aid
|
Type of Aid |
Amount |
Requirements |
Deadline |
|
Priority FAFSA Scholarship |
$500 |
FAFSA submitted tu MU by April 1
May receive annually if student meets requirement |
4/1 |
|
Campus Visit Scholarship |
$500 |
Available for any student who has participated in a "qualified visit" to Multnomah's Portland campus. Determination of a "qualified visit" is made by the Admissions and Financial Aid departments. Schedule a campus visit. |
|
|
Multi-Student Award |
$2,000 |
Enrollment by two or more people from the same household
Renewable 4 years |
|
Grants
|
Type of Aid |
Amount |
Requirements |
Deadline |
|
Multnomah University Grant |
up to $6,000 |
Need-based, as determined by institutional methodology
Student may reapply annually |
8/1 |
Institutional Aid is subject to change annually.
2013-2014 Federal Aid
|
Type of Aid |
Amount |
Intended For |
Add'l Info |
Deadline |
|
Federal Pell Grant |
Up to $5,645 |
Students with high need according to FAFSA |
Complete financial aid process as soon as possible |
ASAP |
|
Supplemental Educational Opportunity Grant |
Up to $400 |
Full-time students who are eligible for Pell Grant |
Complete financial aid process as soon as possible |
ASAP |
|
Federal Work-Study |
$1,500 |
Students with need according to FAFSA |
Earnings through work are paid directly to student; allows for more on & off-campus job opportunities |
ASAP |
|
Stafford Loans - Subsidized |
Up to $5,500 |
Students enrolled at least half-time; restrictions apply |
No interest while enrolled at least half-time; based on need according to FAFSA |
ASAP |
|
Stafford Loans - Unsubsidized |
Up to $2,000 |
Students enrolled at least half-time |
Accrues interest at rate of 6.8% |
ASAP |
|
Stafford Loans - Additional Unsubsidized |
Up to $5,000 |
Students who are enrolled at least half-time; must be independent, or a dependent with parent denied PLUS |
Accrues interest at rate of 6.8% |
ASAP |
|
PLUS Loans |
Varies |
Dependent student whose parent is approved by a basic credit check |
Amount varies based on credit; accrues interest at rate of 7.9%; loan is taken by parent |
ASAP |
|
Alternative Loans |
Varies |
Student who needs additional funds for school-related expenses |
Amount varies based on credit; accrues interest at a variable rate set by lender |
ASAP |
|
Veterans' Benefits |
Varies |
Veterans of the U.S. Armed Forces |
Contact VA Office & Registrar to coordinate funds |
ASAP |
Remember: A current FAFSA is required in order to receive any Multnomah or federal financial aid.