Making your education dollars go further

Making your education dollars go further goshen.edu/financialaid

A Goshen College education is affordable: Let’s start with the sticker price, which is

than the national average for private colleges!

2014-15 costs tuition: $29,700 room and board: $9,700 total: $39,400

26

th

$10.97 million total amount of aid Goshen College awards as an institution

4th out of 1,223 colleges for

among liberal arts colleges for “best bang for the buck”

“best nationwide colleges for the money”

Washington Monthly

College Factual

How much can you expect to actually pay?

The average aid package is:

(not including work-study or loans)

99% of GC students receive financial aid

We are a ‘least debt’ college: We produce graduates with

less debt than the national averages.

8

th

among “great affordable, private colleges in the Midwest” Great Value Colleges

10th “Best Christian College

with the lowest debt burden” out of the top 50 in the United States

Christian Universities Online

Here’s how we build your financial aid package: 1

First, we award scholarships.

Academic scholarships for first-year students range from $6,000 to $14,000 per year depending on your grade point average (GPA) and ACT or SAT scores.

Achievement scholarships recognize your accomplishments and the promise of future achievement at GC. We offer up to full tuition scholarships.

2 3 4

84%

of Goshen College first-year students receive academic scholarships

Then we add need-based grants.

Up to $8,200 in Indiana grants and up to $5,730 in federal grants, plus institutional need-based aid.

Next, we offer student loans.

First-year students can borrow a maximum of $5,500 in federal loans.

Perkins loans, parent loans and private loans are also available.

And finally, we add church aid and work-study.

Our church aid matching grant will apply dollar-for-dollar to the first $1,000 your church gives. First-year students can earn a maximum of $1,000 in work-study income.

Once you take the scholarships, grants and loans into account, you’ll find that a Goshen College education is significantly less expensive than the original sticker price.

Estimate your actual cost and scholarship: The best way to calculate your individual financial aid award from Goshen College is to use our online Net Price Calculator and Academic Scholarship Estimator.

goshen.edu/financialaid

The value of a Goshen College education: We produce graduates ready to be employed and earn competitive salaries:

94%

of job-seeking graduates from the GC Class of 2012 were employed within one year after graduation.

$59,259

Average salary of graduates 10 years out of GC.

We produce graduates who succeed in graduate school:

#38

Ranking by Washington Monthly for small liberal arts colleges in the United States in producing graduates with doctorates.

And, our graduates get done on time:

83%

of Goshen College graduates complete their degree in four years, which saves them considerable money and gets them into their careers sooner.

File the FAFSA: File the FASFA to be considered for all the federal, state and institutional need-based aid for which you are eligible.

•

Apply for a FAFSA PIN online at pin.ed.gov to serve as your electronic signature.

The student and at least one parent need to create a PIN.

•

Complete your federal income tax. Families may estimate their prior year’s income if they are unable to file taxes before the FAFSA.

•

The FAFSA application is available for free to complete at fafsa.gov after January 1. We encourage all families to file regardless of income.

•

Be sure to indicate on your FAFSA that you want a copy sent to Goshen College.

(CODE 001799)

•

Goshen’s priority deadline for submitting the FAFSA is March 10 to get your best package.

•

Financial aid packages will be processed and awarded to students who have been accepted to Goshen. You should receive notification of your financial aid package four to six weeks after you have completed and submitted all FAFSA forms.

Contact us with any questions! We are here to serve you.

Our financial aid team can help you successfully navigate and maximize your options to best meet your needs.

Financial Aid Office 1700 S. Main St. Goshen, IN 46526 P: 574.535.7525 finaid@goshen.edu

fafsa.gov Goshen College FAFSA Code:

001799 Priority deadline: March

10

1.800.348.7422 goshen.edu/financialaid Admissions Office 574.535.7535 1.800.348.7422 admissions@goshen.edu goshen.edu/admissions

Beyond dollars and cents, what a Goshen College education is all about: A transformative education

that nurtures the development of Christ-centered passionate learners, servant leaders, compassionate peacemakers and global citizens

Hands-on experiences

in the classroom, lab and studio with internship and study abroad opportunities that prepare graduates for careers and vocations.

Personal and professional connections with peers and professors that result in lifelong friendships and mentors

Financial Aid Office 574.535.7525 1.800.348.7422 finaid@goshen.edu