admissions

Financial Aid

2014-2015 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
Trustee's Scholarship $10,000 3.9 GPA, 1980 SAT/29 ACT, and a top 5% class rank. Must meet 2 of the 3 criteria. Renewable 4 years with 3.0 GPA. 8/1
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/24ACT, 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/21ACT, 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 criteriafor the Founder's, President's, and Dean's scholarships.  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 to 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.

 

2014-2015 Federal Aid

Type of Aid Amount Intended For Add'l Info Deadline
Federal Pell Grant Up to $5,730 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 4.66%  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 4.66%  ASAP
Parent PLUS Loans Varies Dependent student whose parent is approved by a basic credit check Amount varies based on credit; accrues interest at rate of 7.21%; 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.