2013 Financial Aid Brochure
Colorado Christian University's Financial Aid brochure for the 2012-13 Academic Year.
& FINANCIAL AID SCHOLARSHIPS COLORADO CHRISTIAN UNIVERSITY COLORADO CHRISTIAN UNIVERSITY - 800.44.FAITH WHAT IS FINANCIAL AID? Financial aid makes the cost of education more affordable for students and their families. It’s funded by alumni and friends of the University, or it may be funded by the federal and state governments. There are five primary types of financial aid available: GRANTS SCHOLARSHIPS AND GRANTS At CCU, we want to invest in you so you can go out and impact the world for Christ. We demonstrate this commitment by offering academic scholarships and need-based assistance: FIRST-TIME FRESHMEN SCHOLARSHIPS Gift aid that is awarded by CCU, the federal government, or the state of Colorado (state grants for Colorado residents only), based on demonstrated financial need. Grants do not need to be repaid. Full-Tuition* World Changers Scholarship By invitation only; for applicants with outstanding ACT or SAT scores and GPA’s, and who have demonstrated a commitment to service. SCHOLARSHIPS $44,000 Trustees’ Scholarship ($5,500/semester*) Recipients typically have a 3.8 GPA and an ACT score of 28 or SAT II composite score of 1,860. A form of gift aid awarded by CCU and other sources on the basis of academic achievement that do not need to be repaid. FEDERAL AND STATE WORK-STUDY $36,000 President’s Scholarship ($4,500/semester*) Recipients typically have a 3.6 GPA and an ACT score of 24 or SAT II composite score of 1,650. Students are provided on-campus work opportunities and paid via paycheck. Eligibility is based on financial need and meeting the FAFSA priority deadline. $32,000 Deans’ Scholarship ($4,000/semester*) Recipients typically have a 3.4 GPA and an ACT score of 22 or SAT II composite score of 1,530. STAFFORD STUDENT LOANS AND FEDERAL PERKINS LOANS $20,000 Honors Scholarship ($2,500/semester*) Recipients typically have a 3.0 GPA and an ACT score of 20 or SAT II composite score of 1,410. Loans awarded on financial need. Unsubsidized loans are also available that are not based on financial need. Repayment begins upon graduation or transfer of enrollment. PARENT PLUS LOANS AND PRIVATE LOANS Parent PLUS loans and private credit loans are available to assist families with meeting college costs. APPLYING FOR CCU SCHOLARSHIPS IS EASY When you submit your admission application to CCU and complete your FAFSA, you are automatically applying for scholarship consideration! Consideration for scholarships is based on a selective review process including: Review of high school courses and college preparatory curriculum Review of GPA, ACT, or SAT scores and class rank (if available) Essay and spiritual recommendation forms Commitment to Christian community (church involvement, missions work, Bible studies, etc.) Leadership and service (clubs, extra-curricular activities, sports, community service) Work experience (where applicable) Fulfillment of academic progress or other requirements is necessary for continued scholarship rewards GET A GOOD RETURN ON YOUR INVESTMENT The cost of attending college includes tuition and fees, room and board, books, transportation, and other personal costs. Most students take advantage of a range of financial aid opportunities—such as scholarships, grants, and loans—to help offset these costs. *For eight semesters TRANSFER SCHOLARSHIPS $8,000 Transfer Scholarship ($4,000/semester) Recipients must have a minimum GPA of 3.5. $6,000 Transfer Scholarship ($3,000/semester) Recipients must have a minimum GPA of 3.25. $4,000 Transfer Scholarship ($2,000/semester) Recipients must have a minimum GPA of 3.0. FIRST-GENERATION MINORITY SCHOLARSHIPS (new freshmen only) Minority students who are U.S. citizens, and who will be the first in their immediate family to graduate from college, will be considered for this award. CHECK OUT CCU’S FINANCIAL AID TV, WHERE YOU CAN ACCESS HOW-TO VIDEOS ON FINANCIAL AID TOPICS: CCU.EDU/FATV PARTNER SCHOLARSHIPS CCU offers $1,250 annual, renewable scholarships to any first-time freshman or transfer student who attends CCU from a partner school, church, or organization. For more, visit ccu.edu/partners. COLORADO CHRISTIAN UNIVERSITY GRANT The CCU Grant and Beckman Scholarship are given to students with demonstrated financial need. A student must apply for federal aid to receive this award. MUSIC PERFORMANCE SCHOLARSHIP Recipients must audition to qualify and are required to participate in a choral or band ensemble. ATHLETICS SCHOLARSHIP Available to student-athletes recommended for scholarship consideration by the Athletics Department. POST-9/11 G.I. BILL YELLOW RIBBON PROGRAM FAQ’S WHEN SHOULD I APPLY FOR FINANCIAL AID? Submit your FAFSA (Free Application for Federal Student Aid) as soon after January 1 as possible. CCU will review applications for financial aid on March 15. We’ll continue to award students throughout the year, but some aid is first-come, first-served. I WON’T QUALIFY FOR FEDERAL AID. SHOULD I STILL COMPLETE THE FAFSA? CCU recommends that all students complete the FAFSA form annually. This allows for the full range of aid, including federal loans, CCU needbased grants, and federal work-study. CAN I GET ENOUGH AID TO COVER THE COST OF ATTENDING CCU THIS YEAR? Federal, state, and institutional financial aid are just three resources available to help pay for college. You can also utilize private scholarships, student income, or other assets, income—or a PLUS loan. WHEN WILL I KNOW THE AMOUNT OF FINANCIAL AID THAT I AM ELIGIBLE FOR? CCU will contribute up to $5,000 per year for each student who qualifies for the federal Post-9/11 Yellow Ribbon benefit. The Department of Veterans Affairs will match CCU’s contribution up to $5,000. Eligible students can apply this scholarship annually toward tuition and fees. For details, visit ccu.edu/finaid/military. Award packages are mailed beginning in March to students whose applications are complete (which means we have your application, all letters of recommendation, transcripts, test scores, and FAFSA report). If you complete your application later in the year, allow a minimum of three weeks of processing. We don’t estimate aid based on incomplete applications. NEED-BASED AWARDS In addition to the PLUS loan that the parents of a dependent student may take out, we offer the CCU FACTS Payment Plan. This allows you to spread your anticipated costs over 12 months without accruing interest. To apply for need-based financial aid, complete the FAFSA (Free Application for Federal Student Aid) after January 1 of your senior year and list CCU as a specified recipient. WHAT PAYMENT OPTIONS DO I HAVE? 8787 W. Alameda Ave. Lakewood, CO 80226 FINANCIAL AID CHECKLIST Complete the admission process as early in your senior year as possible: submit your application, letters of recommendation, transcripts, and test scores to CCU. Complete the Free Application for Federal Student Aid (FAFSA) as soon after January 1 as possible. File online at www.fafsa.ed.gov for accurate and quick results. Include CCU’s Title IV Code (009401) to ensure we receive your FAFSA report from the government. Turn in all required materials by March 15 for priority consideration. Getting scholarships from other sources is a great way to help finance your education. Be sure to verify renewability options. CCU begins to notify students of financial aid awards in early March. However, your admission file must be complete and we must have your FAFSA report in hand before we can determine your financial aid award. VISIT THE ONLINE ACADEMIC SCHOLARSHIP ESTIMATOR AT: CCU.EDU/FINAID/CALCULATOR HIGHER EDUCATION IS GETTING MORE AND MORE EXPENSIVE THESE DAYS. BUT IT’S A LASTING INVESTMENT THAT CAN PAVE THE WAY FOR WHERE YOU GO IN LIFE. AT COLORADO CHRISTIAN UNIVERSITY, YOU GET… A learning environment where Christ is invited into the classroom A campus small enough for you to spend time with professors Transparent friendships with classmates Life next to the mountains and Denver Endless opportunities to explore, grow, and launch into a career Student-led ministries where you can serve here and around the world Average gifts of over $8,000 per student RESOURCES For general information and resources about financing your college education, check out: studentaid.ed.gov. Search for additional non-CCU-sponsored scholarships at these sites: www.fastweb.com www.scholarships.com www.college-scholarships.com www.salliemae.com www.supercollege.com www.collegeanswer.com www.collegefunds.net