Types of Financial Aid

Institutional Scholarships

St. Louis Christian College offers several scholarships to qualified students.  These scholarships are both endowed and institutionally funded awards.  Criteria varies depending upon the particular scholarship.  The full value of the scholarship will be split equally between the fall and the spring semester.  Students attending in the fall or spring semester will only receive the half value of the scholarshipScholarships for first-time students will initially be based on the cumulative GPA from their high school (if a first-time college student) or their previous college (if they are a transfer student).

Academic Merit Scholarship and Grant

We guarantee an academic merit scholarship or grant to all full-time (12 hours or more per semester) traditional day students who complete a FAFSA and have a cumulative GPA above 2.0 Areas shaded in gray are scholarships; non-shaded areas on the table are grants.  Cumulative college GPA will be recalculated at the end of each year.

2019-2020 Full-Time Traditional Day Students

  On-Campus Students Commuter Students
Cumulative GPA Amount Per Year Amount Per Year
3.5 – 4.0 $8,000 $6,000
3.0 – 3.49 $7,000 $5,000
2.5 – 2.99 $6,000 $4,000
2.0 – 2.47 $5,000 $3,000

 

2019-2020 Adult Evening Program

One Adult Evening Program consists of five-week and eight-week classes held one evening each week.  We guarantee scholarships to all full-time(12 hours or more per semester) Adult Evening Program students who complete a FAFSA and have a GPA above 2.0.  Cumulative GPA will be recalculated at the end of each academic year.

Cumulative GPA Amount Per Year
3.76 – 4.0 $5,000
3.51 – 3.75 $2,500
3.26 – 3.50 $2,000
3.01 – 3.25 $1,500
2.76 – 3.00 $1,000
2.51 – 2.75 $  750
2.00 – 2.50 $  500

 

2019-2020 Online Program

One Adult Evening Program consists of three eight-week classes held one evening each week.  We guarantee scholarships to all full-time (12 hours or more per semester) Online Program students who complete a FAFSA and have a GPA above 2.0.  Cumulative GPA will be recalculated at the end of each academic year.

Cumulative GPA Amount Per Year
3.76 – 4.0 $5,000
3.51 – 3.75 $2,500
3.26 – 3.50 $2,000
3.01 – 3.25 $1,500
2.76 – 3.00 $1,000
2.51 – 2.75 $  750
2.00 – 2.50 $  500

 

NextGen+ Leadership Program

St. Louis Christian College sees the value in rewarding students for their achievements.  For this reason, we are implementing the NextGen+ Leadership Program.  Qualified students have the opportunity to receive two years of paid tuition.  SLCC will cover the full tuition cost of each semester after the Pell Grant has been applied.

Qualifications for the NextGen+ Leadership Program:

  • U.S. Citizen
  • Minimum 2.5 GPA
  • First-time college student
  • ACT score of 18 or SAT equivalent
  • Must be a full-time student living on campus
  • 50 unpaid hours of tutoring and/or mentoring
  • Must have graduated from high school in the past two years
  • Must have had 95% attendance through four years of high school.

To see if you meet additional qualifications, call the Admissions Office at 314-837-6777 x8110.

Non-Institutional Scholarships

Church Scholarships

Many churches will offer scholarships to their members who are attending a Bible college. Talk to your church leadership about this possibility.

Alexander Christian Foundation

For high school graduates from IndianaFlorida, and other various states. See corresponding websites for more information.

WMU Foundation

Various scholarships and grants, including those specifically for missionary children. For more information, visit the website.

The Goodart Foundation

This foundation encourages students to prepare themselves for a lifetime of Christian service by attending a Bible College.  Contact Mr. Paul Goodart at (407) 396-6493 for additional information about the guidelines for tuition support.

The Foundation for College Christian Leaders

See website for details.

Goedeker’s Appliances Annual College Book Scholarship

One $500 scholarship, two $100 scholarships. For more information, visit the website.

ESA Foundation Scholarship Program

$3,000 to high school seniors or current college students. For more information, visit the website.

Scholarship Search Websites:
Fastweb.com
Scholarships.com
College-scholarships.com
Scholarshipzone.com
Lydiasclosetconsortium.org

Federal Financial Aid

To be considered for any type of financial aid, students must first submit the Free Application for Federal Student Aid (FAFSA) each year.

A number of federal programs are available.  For further information and eligibility requirements, click HERE.

The Federal Pell Grant

The Federal Pell Grant is a grant that does not have to be repaid.  It is for undergraduates with financial need (determined by the FAFSA), who have not earned a bachelor’s or professional degree.  A student can receive a Pell Grant for no more than 12 full-time semesters or the equivalent.

Maximum Pell Grant for 2019-2020 is $6,195 per year.  Minimum amount is $636 per year.  For more information, visit StudentAid.gov/pell-grant.

The Federal Supplemental Educational Opportunity Grant (FSEOG)

This grant is for students demonstrating exceptional need.  Average award at SLCC is $400 per year.  Awards are made until funds are depleted.  For more information visit StudentAid.gov/fseog.

Federal Direct Subsidized Loans

These are loans that must be repaid with interest.  The Direct Subsidized Loans are for students who have financial need (as determined by the FAFSA).  The U.S. Department of Education generally pays the interest while the student is in school and during certain other periods.  The student must be enrolled at least half-time.  Interest rates and origination fees very from year to year.  Borrowers may not receive this type of loan for more than 150% of the length of their program of study.  The yearly amount of loan depends on grade level and dependency status.  There is also an aggregate maximum limit.  A first-time borrower must submit a Master Promissory Note and complete Loan Entrance Counseling.  For more information, visit StudentAid.gov/sub-unsub.

Federal Direct Unsubsidized Loans

These are loans that must be repaid with interest.  The borrower is responsible for all interest; intertest begins accruing on the loan while the student is enrolled and continues into repayment.    Student must be at least half time.  Financial need is not required.  Interest rates and origination fees very from year to year.  The yearly amount of loan depends on grade level and dependency status.  There is also an aggregate maximum limit.  A first-time borrower must submit a Master Promissory Note and complete Loan Entrance Counseling.  For more information, visit  StudentAid.gov/sub-unsub.

Federal Direct PLUS Loans

These are loans for parents of dependent undergraduate students and for graduate or professional students.  The parent must submit an application  and pass a credit check (this is required each year).  If the parent is denied, the student may be able to borrow an additional amount of unsubsidized loan.  The parent borrower is responsible for repaying the loan plus interest.  The student must be enrolled at least half time.  Financial need is not required.  Interest rate and origination fees vary from year to year.  For more information and how the parent can apply, visit StudentAid.gov/plus.

Federal Work Study

The Federal Work Study program provides funding for students with financial need to work on campus.  The amount of funding that SLCC receives for this purpose is limited; therefore, only a handful of student employees will be paid from Federal Work Study funds.   Additional students may be employed by the college outside of the Federal Work Study program.

For Federal Work Study details and updates, visit StudentAid.gov/workstudy.

Alternative Education Loans

Alternative Education Loans

Alternative Educational Loans (also called Private Educational Loans) are loans offered through private lenders and are not sponsored by the Federal Government.  You will have to demonstrate credit worthiness or secure a cosigner who is credit worthy.  SLCC does not recommend any particular lender.  You can find a lender through an Internet search engine under “alternative educational loans.”  You should look at the terms and rates of various lenders before making a decision as to which lender to choose.  These loans generally have less favorable rates and terms than the Direct Stafford Subsidized, Direct Stafford Unsubsidized Loans, or the PLUS Loan.   You should discuss with our financial aid office your eligibility for Federal loans before you apply for an alternative loan.

Federal Financial Aid

Veterans Educational Benefits

St. Louis Christian College is approved for veterans’ educatiohal benefits.  The Registrar at St. Louis Christian College is available to assist students in using their veterans’ educational benefits at the college.  The Registrar provides assistance in matters relating to applying for benefits, certification of enrollment, and transmitting necessary enrollment information to the VA regional office.  The Registrar’s Office serves as a liaison between students and the Department of Veterans Affairs in St. Louis, Missouri.  Eligibility for VA Educational Benefits is determined by the Department of Veterans Affairs, not by the college.  For information on benefit eligibility, visit http://www.benefits.va.gov,gibill.

Vocational Rehabilitation

Vocational Rehabilitation

Students with physical disabilities that constitute substantial vocational handicaps may be eligible for grants.  Students should contact their state’s Vocational Rehabilitation office to determine if they are eligible for assistance.