Covenant College - Financial Aid
Financial Aid Forms | Scholarships & Grants | Loans
Financial Aid
Most colleges set their own financial aid deadlines and due dates.
In addition, colleges have different forms and criteria
to qualify for financial aid. The following information
should help you get a general idea of the procedures and forms
used by this college.
For more specific facts and figures, consult financial aid bulletins
from the college.
Financial Aid Form Deadlines
| Form | Priority Filing Date | Application Closing Date |
|---|
| School's Own |
March 31 |
Rolling |
| FAFSA |
March 31 |
Rolling |
| Income Tax |
March 31 |
|
| Other |
March 31 |
|
Notification of Awards is rolling.
Student Population
Of all full-time matriculated undergraduates who enrolled, 814 applied for aid, 564 were judged to have need, 156 had their need fully met. 275 Federal Work-Study jobs (averaging $1933). 57 State and other part-time jobs (averaging $1574)
, 202 non-need-based awards were made
Average percent of need met: 80%
Average financial aid package: $13,399
A List of Available Scholarships & Grants
- Pell Grants(BEOG)
- SEOG
- State Scholarships
- State Grants
- College/University Scholarships
- College/University Grants
- Private Scholarships
- ROTC
- Academic Merit Scholarships
- Athletic Scholarships
- Aid for Undergraduate Foreign Students
- Other: Education and music scholarships.
Who Receives Scholarships/Grants?
- 95% of undergraduate students applied for aid and received scholarships or grants.
- 82% of undergraduate class received scholarships or grants.
- 88% of the enrolled freshmen received scholarships or grants.
Average Amount and Number of Scholarships and Grants
- Average amount of each freshmen scholarships and grants: $13812
- Average number of athletic scholarships and grants: 77
- Average amount of each athletic scholarship or grant: $3008
- Individual scholarships range from $200 to $10600
- $2641563 in scholarships are awarded each year.
Loans Available to Undergraduate Students
- Perkins
- PLUS
- Stafford
- Federal Nursing Student Loans(NSL)
- Health Professions Loans
- State Loans
- College University Loans
- Private Loans
- Federal Direct Student Loans (FDSL)
- Unsubsidized Stafford Loans
Payment Plans Offered to Undergraduate Students
- Tuition Plan Inc.
- Education Plan Inc.
- Knight Tuition Plans
- Academic Management Services(AMS)
- EFI Fund Management
- Tuition Management Systems
- Deferred Payment Plan
- Family Tuition Reduction(tuition reduction for simultaneously enrolled family members)
- Guaranteed Tuition(tuition does not change during student's consecutive enrollment)
- School's own payment plan(s)
- Other: Bank card center of Suntrust Bank.
Who Receives Loans & How Much?
- 76% of undergraduate students who applied for aid received loans.
- 50% of all undergraduate students received loans.
- 56% of all enrolled freshmen received loans.
- The average amount of each freshman loan is $3682
- The amounts of individual loans per year range from $800 to $7625.
- Total amount of all loans granted per year: $1344744.
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