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Financial Aid and Scholarships

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, 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 educational 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 awarded to our highest academic achievers based on cumulative high school GPA and standardized test scores. The ideal Board of Trustees Scholarship recipient holds a GPA of 3.8 and an average ACT score of 25 or better. The total value of this scholarship after four years is $52,000.

Presidential Scholarship
$11,000 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 $44,000.

Dean's Scholarship
$10,000 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 $40,000.

Shipherd Scholarship
This award is named after Father John Shipherd, founder of Olivet College. $8,000 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 $32,000.

Global Citizens Honors Program
Students compete for various scholarship awards – including a full tuition scholarship and numerous $1,000 scholarships – through an essay contest and interviews with Olivet College faculty.

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.

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.

Community Connection Grant
The Community Connection Grant (CCG) offers area students an 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.

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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