Financial Aid at Asbury Opens Doors for Students
February 18, 2016
When high school students apply to colleges, financial aid is usually a top priority. Thankfully, it’s a top priority for Asbury, as well.
More than 98 percent of Asbury’s traditional undergraduate students receive financial aid. Let’s say that again (worth repeating to the prospective students out there that aren’t interested in student loan debt)… More than 98 percent of Asbury’s traditional undergraduate students receive financial aid.
In fact, more than 40 percent of the average student’s tuition is covered by gift aid (scholarships and grants) from Asbury, and more than 50 percent of the average student’s tuition is covered by total gift aid, including state and federal funds.
In addition, prospective students have the benefit of Asbury’s dedicated Financial Aid Office to help them navigate the financial aid process. Helping students find out how they can afford the Asbury experience is more than just a job for the Financial Aid Office — it’s an extension of Asbury’s mission.
“We want to leverage every one of our financial aid dollars to help students afford four life-changing years at Asbury,” said Ron Anderson, director of Financial Aid at Asbury. “This community is something all students should be able to experience.”
The financial aid process is easier than you might think. Only two things are required for a financial aid offer: an accepted application to Asbury and a completed Free Application for Federal Student Aid (FAFSA). Students can apply for admission to Asbury during their junior year, and starting this year, the FAFSA will be available on Oct. 1.
After students complete both elements, the Financial Aid Office assembles a financial aid package — and it’s usually a pleasant surprise.
“When students get their financial aid packages, they’re usually amazed at how much aid they’re actually receiving,” Anderson said. “Once you account for our financial aid, and the lack of it at state schools, the bottom-line price is very similar. At that point, you can start making decisions based on things that are really important to you, like smaller classes and Christian community. It’s a completely different type of college experience.”
Scholarship opportunities at Asbury are extensive and varied. Asbury’s annual Scholarship Competition — held twice during the Spring semester — is just one example of academic scholarship opportunities. The competition is open to students who have been awarded the highest level of Governor’s or Presidential scholarships, meeting at least two of the following criteria:
- Minimum of 3.9 cumulative GPA on a 4.0 scale
- Minimum ACT composite score of 30 or SAT composite of 1320 (Critical Reading and Math sections only)
- Top 2% of high school class
Attending the event ensures Presidential Scholars a total institutional financial aid package of at least 50 percent of tuition. Attendees will have the opportunity to compete with students from around the world to earn one of eight Morrison scholarships (75 percent of tuition) or four Hughes scholarships (100 percent of tuition).
“It’s a great time to fellowship with other prospective students and get to know our campus better,” said Mallary Wiley, visit coordinator at Asbury. “We also end the event with a nice, off-campus banquet where the Glee Club sings and a few of our esteemed professors encourage and challenge the students.”
In addition to academic opportunities, Asbury offers an extensive amount of talent-based and need-based funding. From athletics scholarships to music scholarships to the Impact Grant, Asbury University uses every tool it has to make tuition affordable.
“Apply, visit and fill out your FAFSA,” Wiley said. “Don’t decide you cannot make it at Asbury financially until you see your Financial Aid Offer. You may get more financial aid than you think. If Asbury is where you are supposed to be, trust God to make a way. We never want cost to get in the way of a student who feels called to Asbury.”
For more information about Financial Aid at Asbury, visit: asbury.edu/financial-aid