Helping Families Navigate Financial Aid Options

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For high school seniors, exploring colleges is an exciting time, but with that comes the stress of applying for financial aid. Transfer students also have financial aid worries when they decide it’s time to switch colleges. Navigating the world of financial aid isn’t always a straightforward process. Olivet College offers substantial financial aid opportunities and resources to simplify the process of applying for aid. As a result, Comets graduate as young professionals with far less debt than other colleges and ready to capitalize on their earning potential.

“Olivet College recognizes that each student comes from a different background, and therefore, has unique financial aid needs. While all students are guaranteed the OC ADVANTAGE and nearly every student receives a form of financial aid, grants, scholarships and loans can be customized to meet specialized needs,” said Tim Johnston, vice president for admissions and marketing. “For example, OC scholarships are available based on the high school a student graduates from, siblings in college, specific talents, academic performance, and even veteran status. This ensures all students have access to an Olivet College education.”

Financial Aid Break Down

To put it into perspective, 99 percent of OC students receive a form of financial aid and nearly $13 million in scholarships, financial aid and tuition waivers were awarded just this year. The average financial aid award package is $26,276 for the 2017-18 academic year. The expert OC admissions team is available for step-by-step assistance, and the tuition and financial aid section of the web site offers countless resources that provide 24/7 financial aid help, like Financial Aid TV and net price calculator. Students can spend less time worrying about how they’ll pay for college and more time thinking about their course of study, which extracurricular opportunities they’d like to participate in, and their future career.

Unrivaled Olivet Education

Olivet College recently ranked fifth on LendEDU’s 2017 College Student Loan Debt Rankings by state, meaning Comet graduates have some of the lowest average student debt per borrower in Michigan. That’s not by accident. Paired with ample financial aid, OC helps keep an education affordable through a four year guarantee. If a student must return for a fifth year, tuition is free when an agreed upon academic plan is followed.

The four-year guarantee comes as part of the OC ADVANTANGE, which outlines four core advantages that create a unique and unrivaled Olivet education. The three additional advantages include service learning projects, with hands-on experiences at the core of each program; global learning opportunities that provide diverse and innovative educational experiences abroad; and industry-leading internship and research opportunities.

Beyond Graduation

Olivet College financial aid support doesn’t end after the admissions process. Resources like Olivet College Financial Aid TV also provide information to help returning students resubmit their Free Application for Federal Student Aid (FAFSA) each year, a guide to finding out who the lender and servicer are for undergraduate loans, and tips to help college grads prepare to repay loans, in addition to over 50 videos for first-time college students and parents.

Submit Your FAFSA Early

To qualify for grants, scholarships and loans, families must submit a FAFSA. The application process is now open for students planning to attend OC in fall 2018. Apply as soon as possible to ensure you are awarded the maximum financial aid package you are eligible to receive.

“At Olivet College, we never want a student to miss out on an opportunity because they can’t afford it,” said Johnston. “We understand that paying for college is a huge part of each student’s journey, and we’re committed to lending our support throughout the entire process.”

Learn more about financial aid opportunities and resources, and be sure to check out Olivet College Financial Aid TV. Visit campus, apply or contact the Office of Admissions at 800.456.7189 or admissions@olivetcollege.edu to see for yourself the unbeatable value of becoming a Comet.


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