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Financial Aid and Scholarships

Learn what you need to apply for financial aid, scholarships, and student loans

Many families believe they cannot afford to attend a private college. What many people do not take into consideration is that there are numerous types of financial aid available to help students pay for college. In addition to state and federal grants, student loans and work opportunities, Olivet offers a variety of financial aid opportunities. Aid is awarded based on considerations such as student need and academic merit.

There are three kinds of financial assistance available to students: scholarships, grants and loans. Scholarships and grants come in a variety of forms and do not require students and parents to repay any of these resources. Most student loans require repayment within a specified time period after graduation.

Students can receive need-based monies. To be eligible to receive financial aid, students must complete and file the Free Application for Federal Student Aid (FAFSA) form by March 1. You can also go to Web sites such as finaid.org and fastweb.com to search for more scholarship opportunities.

Board of Trustees Scholarship

$13,000 per year, or up to $52,000 over the course of four years, is awarded to students who have earned a cumulative 3.8 grade point
average and average ACT of 25 or higher.

Community Connection Grant
The Community Connection Grant (CCG), which totals $10,000 per year with a total value of $40,000 over four years, offers potential students who graduated from a local community the opportunity to attend Olivet at a significantly discounted rate. Available to any student meeting admissions requirements who has graduated from or currently resides in the following communities:

Albion; Athens; Battle Creek: Central, Lakeview and St. Philip; Bellevue; Charlotte; Climax-Scotts; Concord; Dewitt; East Lansing; Eaton Rapids; Grand Ledge; Harper Creek; Holt; Homer; Jackson; Jackson Lumen-Christi; Lakewood; Lansing: Catholic Central, Eastern, Everett and Sexton; Maple Valley; Marshall; Mason; Okemos; Olivet; Parma Western; Pennfield; Portland; Potterville; Springport; Tekonsha; Union City and Waverly.

Receipt of the Community Connection Grant supersedes all other institutional aid.

Dean's Scholarship
$11,000 per year awarded to students based on cumulative high school GPA and standardized test scores. The ideal Dean's Scholarship recipient holds a GPA of 3.0 and an average ACT score of 20. The total value of this scholarship after four years is $44,000.

Global Citizens Honors Program
Students compete for various scholarship awards – including a full tuition scholarship and numerous additional academic scholarships – through an essay contest and interviews with Olivet College faculty. Qualified students will be notified via mail.

Kalamazoo Promise
The Kalamazoo Promise, a partner of Olivet College since 2014, provides scholarships for eligible graduates of the Kalamazoo Public School system. Students receiving this scholarship must be full-time and maintain a 2.0 GPA. The amount of the award is based on the length of attendance and residency in the Kalamazoo Public School system. Students who receive the Kalamazoo Promise scholarship are also eligible for other financial aid opportunities.

Lansing Promise
As the capitol region’s private college, Olivet College has committed to providing Lansing Promise-eligible students with the opportunity to have an immersive, residential educational experience below the cost of tuition, room and board at Michigan State University. Qualified Lansing Promise students receive $5,000 per year and will be awarded the Olivet College/Lansing Promise Scholar Grant of $14,000, totaling $19,000, each academic year in which he or she also is a full-time, residential student at Olivet College. OC/LP scholars are also eligible for additional state and federal aid. Participating high schools are Eastern, Everett, J.W. Sexton and Lansing Catholic. To apply for the Lansing Promise, visit www.lansingpromise.org, or contact the Olivet College Admissions Office at (800) 456-7189 for assistance. 

New Michigander Award
Equivalent to the Michigan Tuition Grant, this award is given to students who are nonresidents of Michigan. The amount varies and is renewable for up to four years. 

Mission Grant
The value of this award is based on each student's financial need. The award amount is committed for four years, provided there are no major changes in a family's financial circumstances or the student's enrollment status.

Music Scholarship
Prospective students can audition for up to $2,500 in annual scholarship awards. Year-to-year eligibility is determined by maintaining the scholarship criteria.

Presidential Scholarship
$12,000 per year awarded to students based on cumulative high school GPA and standardized test scores. The ideal Presidential Scholarship recipient holds a GPA of 3.4 and an average ACT score of 22. The total value of this scholarship after four years is $48,000.

Shipherd Scholarship
This award is named after Father John Shipherd, founder of Olivet College. $9,000 per year awarded to students based on cumulative high school GPA and standardized test scores. The total value of this scholarship after four years is $36,000.

Sibling Scholarship
$2,500 per year, or up to $10,000 over four years, per family with multiple siblings attending Olivet College.

Talent Scholarship
Worth up to the full cost of tuition, fees, room and board, awards students who enrich the campus community through their involvement in talent-based participation opportunities. The amount of the scholarship varies based on financial need. Scholarships are available for the following activities: gospel choir, marching band, music (other than marching band), and non-NCAA DIII collegiate sports including boxing, cheer and bowling.

Twin Scholarship
$2,500 per year, or up to $10,000 over four years, per twin.

Veterans Scholarship
This scholarship, equal to 50% of tuition,  is available to veterans with qualifying days of active duty service or who are currently on active duty.  Current members of the National Guard or any recognized branch of the U.S. military reserve unit who qualify for VA education benefits and/or military education assistance eligibility are eligible to apply. In addition, spouses and legal dependents that provide proof of military dependency are eligible to apply for this scholarship. 

 

For more information about financial aid or to talk with someone in person, feel free to contact the Office of Admissions at 1-800-456-7189 or via email at admissions@olivetcollege.edu.

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