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Admission Information

Merit Scholarships

Endowed Scholarships

Annual Scholarships

Emergency Loan Funds

Other Information:

Academic Policies for Financial Aid

Application Procedure

Federal Aid Eligibility

Payment and Renewal of Awards

Return of Title IV Funds

Programs
Oglethorpe University offers a variety of strategies and resources to keep the net cost of an Oglethorpe education affordable. Both need-based aid and awards based on academic achievement are available. Students interested in financial aid should complete the Free Application for Federal Student Aid (FAFSA). The FAFSA is the approved needs-analysis form by which students may apply for the following need-based programs: Federal Pell Grant, Federal Supplemental Educational Opportunity Grant, Federal Perkins Loan, Federal Work-Study, Federal Stafford Loan, Leveraging Educational Assistance Program, and the Oglethorpe Need-based Grant. After a student submits the FAFSA to the federal processor, the school will receive from the processor an Institutional Student Information Record (ISIR) (more information). Upon acceptance to the University and receipt of the student’s ISIR, Oglethorpe’s financial aid professionals will prepare a comprehensive financial aid package, which may include assistance from any one or more of the following sources:


Georgia Tuition Equalization Grants (GTEG) are available for Georgia residents who are full-time, degree-seeking students at Oglethorpe. The program was established by an act of the 1971 Georgia General Assembly. The GTEG program helps to “promote the private segment of higher education in Georgia by providing non-repayable grant aid to Georgia residents who attend eligible independent colleges and universities in Georgia.” All students must complete an application and verify their eligibility for the grant. In the 2005-2006 academic school year, this grant is $900. Financial need is not a factor in determining eligibility. A separate application and proof of residency is required.
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HOPE Scholarships of $1,500 for full-time enrollment and $750 for part-time enrollment (6-11 credit hours) per semester are available to Georgia residents who have graduated from an eligible high school in 1996 or later, with at least a 3.0 grade-point average in specific core curriculum classes.. Additional requirements are required of high school graduates in 2000 or later. Georgia residents who do not qualify under these guidelines but have now attempted 30 or more semester hours with a 3.0 grade-point average or higher may also be eligible. The applicant must be a Georgia resident for one year prior to attendance at any college or university in Georgia. Applicants must be degree-seeking students at a participating Georgia private college or university. Students entering the HOPE Scholarship program for the first time after attempting 30 or 60 semester hours should be aware that their grade-point average is calculated to include all attempted hours taken after high school graduation. Recipients of the Scholarship are required to maintain a 3.0 or higher cumulative grade-point average for reinstatement. For more information, contact the HOPE Scholarship Program 770.724.9000 or (800)505.GSFC, or the Office of Financial Aid at Oglethorpe University.
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HOPE Promise Teacher Scholarships provide forgivable loans to high-achieving students who aspire to be teachers in Georgia public schools. Students must have a minimum grade-point average of 3.6, be academically classified as a junior, and be accepted for enrollment into a teacher education program leading to initial certification. For more information, contact the HOPE Scholarship Program 770.724.9030 or 1.800.546.HOPE, or the Office of Financial Aid at Oglethorpe University.

HOPE Teacher Scholarships provide forgivable loans to individuals seeking advanced education degrees in critical shortage fields of study. The student must be a legal resident of Georgia and be admitted for regular admission into graduate school and into an advanced degree teacher program leading to certification in a critical shortage field. For more information, contact the HOPE Scholarship Program 770.724.9030 or 1.800.546.HOPE, or the Office of Financial Aid at Oglethorpe University.

The Leveraging Educational Assistance Program (LEAP) is one of the need-based grants for qualified Georgia residents to enable them to attend eligible post-secondary institutions of their choice in the state. The grant awards are designed to provide only a portion of the student’s resources in financing the total cost of a college education. A student should complete the FAFSA for consideration.

The Federal Pell Grant is a federal aid program that provides non-repayable funds to eligible students. Eligibility is based upon the results from the FAFSA.
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Federal Supplemental Educational Opportunity Grants (FSEOG) are awarded to undergraduate students with exceptional financial need. Priority is given to Federal Pell Grant recipients and does not require repayment.

Oglethorpe Need-based Grants are available to full-time day undergraduate students who demonstrate financial need by completing the FAFSA. Oglethorpe Need-based Grants in conjunction with federal, state, private, or institutional assistance cannot exceed the student’s financial need.

Federal Perkins Loans are long-term, low-cost educational loans to students who have demonstrated need for such assistance. Priority is given first to sophomore, junior, or senior students. Interest is charged at a five percent annual rate beginning nine months after the borrower ceases to be at least a half-time student (a minimum course load of six semester hours). Information regarding repayment terms, deferment and cancellation options is available in the Office of Financial Aid.
Loan Counseling

Federal Stafford (Subsidized and Unsubsidized) Loans are long-term loans available through banks and other lending institutions. Students must submit the FAFSA and be attending at least half time to receive consideration. A separate Master Promissory Note (MPN) is also required. Information regarding repayment terms, deferment and cancellation options are available in the Office of Financial Aid.
Entrance/Exit Loan Counseling

Federal PLUS Loans are relatively long-term loans available through banks and other lending institutions. Parents desiring to seek a loan from this program should consult the various lenders indicated on the Oglethorpe University Lender List for additional information. This list may be found in the current “Financial Aid Info Guide” available in the Office of Financial Aid.

Choral Music Scholarships (Performance) are awarded annually to incoming students pursuing any degree offered at Oglethorpe who demonstrate exceptional achievement in choral singing or keyboard accompanying. Candidates must be nominated with a letter of recommendation by the conductor of their choral ensemble on a special form obtainable from the Director of Musical Activities at Oglethorpe.

Playmakers Scholarships (Performance) are awarded annually to current students who have demonstrated exceptional ability in the area of dramatic performance and a strong commitment to Oglethorpe’s theatre program. Awards are based on ability, not financial need.

Note: Dual-degree students in art and engineering may not use Oglethorpe assistance to attend other institutions.

 

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