Scholarships and Financial Aid Fall 2024

SCHOLARSHIPS & FINANCIAL AID INCREASED SCHOLARSHIPS FOR FALL 2024!

Congratulations on your journey to graduation! At Saginaw Valley State University, we understand the financial challenges students and families face when exploring the cost of earning a college degree. Our commitment is to stand beside you in overcoming these obstacles. We’re determined to lay a strong and supportive educational foundation, including helping you secure essential financial resources. Scholarships, grants, loans, and our Work-Study program collectively ensure that finances don’t hinder your dreams.

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We’re thrilled you’re considering SVSU for your future. We’re here to ensure that financial

When you choose SVSU, we work with you to find scholarships and choose

constraints won’t be a barrier to your education. Our goal is to make world-class education

your class schedule and optional housing opportunities that make the

affordable for you. Join us, and let’s transform your aspirations into achievements.

most financial sense for you. You can start today by estimating your costs as an incoming first-time college student. Go online and calculate your aid estimate with our Cost Calculator to immediately see what you may already

Sincerely,

qualify for at SVSU.

SVSU COST CALCULATOR Jennifer Pahl Executive Director of Admissions

svsu.edu/costquiz

THE LOWEST TUITION IN MICHIGAN AMONG FOUR-YEAR INSTITUTIONS

IMPORTANT DATES STARTING NOVEMBER 1 OF YOUR SENIOR YEAR:

CHAT 1-ON-1 WITH SVSU’S FINANCIAL AID EXPERTS

The SVSU Private Scholarship application opens. svsu.edu/findscholarships Schedule a phone appointment online with SVSU’s financial aid

STARTING IN DECEMBER OF YOUR SENIOR YEAR: Submit your Free Application for Federal Student Aid (FAFSA) at FAFSA.gov - List SVSU: Our school code is 002314.

- This is required for SVSU academic scholarships and all need-based aid.

experts. They will talk with you about your unique needs and help you find your best financial aid package.

Schedule a date and time today at svsu.edu/financialaid

STARTING IN MARCH OF YOUR SENIOR YEAR: Financial Aid Offer letters are mailed to all admitted students who listed SVSU on their FAFSA.

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THE OVERALL COST OF ATTENDING SVSU:

NEW FOR INCOMING FRESHMEN IN FALL 2024!

GUARANTEED SCHOLARSHIPS FOR 3.0+ GPA

TIP:

If you increase your GPA between now and graduation, and it qualifies you for a larger scholarship, send us a new transcript and we’ll upgrade your award!

Students are guaranteed the top academic scholarship that they qualify for based on their cumulative high school GPA. SVSU will use your weighted GPA if provided by your high school.

PRESIDENT’S SCHOLARSHIP: 100% TUITION! FULL-TIME MICHIGAN RESIDENTS TUITION: $11,230

Students with a 3.95+ GPA who apply and are admitted to SVSU before December 1 are automatically invited to compete for our most prestigious scholarship which covers tuition up to 124 credit hours toward your first degree.

ACADEMIC SCHOLARSHIPS

HIGH SCHOOL GPA

ANNUAL SCHOLARSHIP AMOUNT

Includes books, course materials and equipment.

3.95+

$6,500

ON-CAMPUS HOUSING & FOOD (OPTIONAL): $11,700

3.7–3.94

$5,000

3.4–3.69

$4,000

3.0–3.39

$3,000

BOOKS AND SUPPLIES: $1,120 TOTAL COST OF TUITION + SUPPLIES

$12,350

Renewable 4-year awards toward your first degree

Voted best dorms in the nation among public universities (Niche, 2023).

TRAVEL/PERSONAL/MISCELLANEOUS (OPTIONAL): $1,220

Some students fly home for spring break and others have a long commute. This cost is not paid to SVSU but is something that students should consider. The good news is, freshmen can bring their cars and parking is free!

OUT-OF-STATE STUDENTS

LIVING ON CAMPUS RENEWABLE 4-YEAR AWARD

RED & WHITE SCHOLARSHIP

VALLEY HOUSING SCHOLARSHIP: $1,500

NON-RESIDENT/INTERNATIONAL STUDENTS

TEST SCORES 1-YEAR AWARD

If you live outside Michigan (within the US) and have a minimum cumulative GPA of 2.5, you can come to SVSU at a significantly reduced out-of-state tuition rate (ESTIMATED TUITION: $12,730) with our automatic Red & White Scholarship.

Standard tuition for non-resident/international students is $26,370. Standard fees apply.

The estimated cost above is for the 2023-24 academic year. Full-time students take an average of 14 credits per semester. Total cost may vary based on the student’s program, courses and credit load.

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Incoming freshmen with a 3.0+ GPA get an extra $1,500 to help pay for housing on campus.

ACADEMIC EXCELLENCE SCHOLARSHIP: $1,500

Get an extra $1,500 Academic Excellence Scholarship for your freshman year with a 1380+ SAT/ 31+ ACT. (President’s recipients excluded)

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PRIVATE SCHOLARSHIPS & NEED-BASED GRANTS svsu.edu/findscholarships

svsu.edu/costquiz

PRIVATE SCHOLARSHIP APPLICATION OPENS NOV. 1.

GET AN ESTIMATE OF YOUR COSTS AS AN INCOMING FIRST-TIME COLLEGE STUDENT.

ROBERT & ELLEN THOMPSON SCHOLARSHIP FOR WORKING FAMILIES:

SAGINAW VALLEY OPPORTUNITY GRANT (SVOG):

$5,500

UP TO $6,000

EVERY YEAR FOR 4 YEARS

90

THOMPSON SCHOLARSHIPS ARE AVAILABLE EACH YEAR!

Requirements: • 90 incoming freshmen selected • 3.4+ GPA • Demonstrated financial need via a FAFSA* *Other requirements to be determined

• History of extracurricular activities and community service Optional Consideration: Students with an 1120+ SAT or 24+ ACT will receive preference in the selection process.

To apply, visit: svsu.edu/thompson

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THE SVSU CARDINAL COMMITMENT

Awarded to all qualifying students!

EVERY YEAR FOR 4 YEARS

Requirements: • Incoming freshman • Demonstrated financial need via the FAFSA • For renewal, a student must maintain a 2.0 SVSU cumulative GPA

To see if you qualify, simply complete your FAFSA and add SVSU’s school code: 002314.

Many incoming freshmen at SVSU have their entire tuition paid for by scholarships and grants that never have to be repaid. This is the Cardinal Commitment.

The Cardinal Commitment assures qualifying first-time-in-college students that SVSU will help provide additional funding if their basic tuition costs exceed their grants and scholarships.

TO GET YOUR OFFICIAL FINANCIAL AID PACKAGE: 1. Apply for admission to SVSU today. Applying is easy, and it’s FREE. 2. Send your official transcripts to SVSU using parchment.com or through your high school counselor.

3. Complete the Free Application for Federal Student Aid (FAFSA) to determine your family’s financial need. (SVSU’s Code: 002314)

4. Starting in March of 2024, SVSU sends Financial Aid Award offers. Qualifying students are automatically enrolled in the Cardinal Commitment Program.

Learn more about additional SVSU Cardinal Commitment requirements at: svsu.edu/cardinalcommitment

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We are here to help and guide you.

PRIVATE SCHOLARSHIPS

GRANTS

In addition to the academic scholarships provided by the university, SVSU offers a number of private scholarships according to major, leadership ability, extracurricular interests and athletics, etc. Apply once to be considered for dozens of private scholarships. Just visit svsu.edu/findscholarships. In addition, there are local and national scholarships for which you can apply (which sometimes cover the full cost of tuition).

Talk to your high school counselor for details.

Grants are awarded for financial need. There are a number of federal grants you may be eligible to receive. You must complete the FAFSA and include SVSU’s code for consideration.

RANGE: Up to $5,500 NEED TO REPAY: No

RANGE: Up to $14,895 a year NEED TO REPAY: No

LOANS

RANGE: Up to $5,500 or $9,500 a year NEED TO REPAY: Yes Students may take out both subsidized and unsubsidized loans. For subsidized loans, the federal government pays all interest until you are out of college. For unsubsidized loans, interest begins accruing immediately, but you do not need to make payments until 6 months after you leave college. You must complete the FAFSA with SVSU’s code to qualify. Parents are also eligible to apply for a Federal Direct PLUS loan to help cover their student’s costs.

WORK-STUDY & STUDENT EMPLOYMENT Earn up to $4,000 a year

Work-Study programs and student employment (for research, tutoring, administrative support, etc.) help offset your college costs. You must complete a FAFSA with SVSU’s code to see if you qualify for the Work-Study program.

UNDERGRADUATE PAYMENT PLAN

An Undergraduate Payment Plan allows students to spread their educational expenses over 4 interestfree monthly payments for each semester. You may wish to use the Payment Plan in combination with scholarships, financial aid or student loans to cover any remaining balance owed. For convenience, set up an automatic payment option from your checking or savings account (U.S. financial institutions only) to save time and avoid any late fees, or log in to my.svsu.edu when payment is due and issue a payment via Echeck or credit/debit card. A $75 enrollment fee is required each semester when a Payment Plan contract is established. To learn more, visit: svsu.edu/paymentplan.

SVSU’s code for your FAFSA: 002314

7400 Bay Road • University Center, MI 48710 Prospective students may review our consumer information regarding general information about the university, financial assistance available to enrolled students, students’ rights about FERPA, the institution’s annual campus security report, completion or graduation rates, the completion and graduation rates of student athletes and information about athletic program participation rates and financial support on our scholarship and financial aid website at svsu.edu/cfsc. To obtain a paper copy of all or parts of our consumer information, or if you need help obtaining information, please contact the Campus Financial Services Center, 131-A Wickes Hall, or call (989) 964-4900.

SVSU will provide reasonable accommodations for persons with disabilities. Individuals who need accommodations should contact the Conference Center at SVSU at (989) 9644348 at least 3 days before the event. SVSU does not discriminate based on race, religion, color, gender, sexual orientation, national origin, age, physical impairment, disability or veteran status in the provision of education, employment and other services.