Scholarships & Financial Aid at Otterbein 2013-14

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SCHOLARSHIPS

WHAT KINDS OF SCHOLARSHIPS DOES OTTERBEIN OFFER? Otterbein offers a full slate of competitive scholarships to recognize student achievement. All of the scholarships listed are awarded for full-time study for four years as long as the academic requirements are fulfilled. THIRD PARTY SCHOLARSHIPS Remember to actively seek out additional scholarship support from other sources. Check with local civic organizations, employers and free web-based scholarship search engines. A limited number of departmental scholarships are available for upperclassmen. Check with your academic department to learn more for possible future opportunities.

FINANCIAL AID AWARDED TO THE 2013-2014 ENTERING CLASS Parents’ Income Average Financial Aid $100,000+ $17,043 $80,000+ $22,095 $60,000+ $25,477 $40,000+ $27,551 <$40,000 $28,905

WHAT DO I NEED TO KNOW ABOUT THE FAFSA?

Every school sets its own priority FAFSA deadline. Otterbein’s priority filing date is Feb. 15. You only need to file the FAFSA once but be sure to file it by your earliest priority date for all schools to which you are applying. Also, you should complete your FAFSA by the priority deadline even if you haven’t received your admission decision. You should also file the FAFSA by the priority date even if you haven’t completed your taxes. The application allows you to use an estimate based on previous year’s taxes until you are able to submit your final information. Finally, you never have to pay to file the FAFSA. Only submit your information with www.FAFSA.ed.gov.

WHAT DO I NEED TO REMEMBER ABOUT MERIT AID? 1

Your application to Otterbein is your application for most merit aid and scholarships.

2

Apply to Otterbein by Jan. 15 for priority scholarship consideration.

3

You can expect to hear about your academic merit aid package within a few weeks of your admission decision.

4

Talent awards offered in Art, Communication, Music, Theatre and Dance require an application and/or an audition or portfolio review. Visit www.otterbein.edu/audition for more details or talk with your counselor.

HOW DO OTTERBEIN FAMILIES PAY FOR SCHOOL? Otterbein Aid 40.9% Out-of-pocket 24.8% (monthly payment plan, savings, etc.) PLUS & Private loans 14.9% Federal loans 12.8% Federal & State need-based aid 6.6%

WHAT DO I NEED TO REMEMBER ABOUT APPLYING FOR NEED-BASED AID? 1

Otterbein’s priority filing date for FAFSA is Feb. 15.

2

Otterbein’s FAFSA code is 003110.

3

You must file a FAFSA every year to be considered for need-based aid. 4


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