Financial Aid Brochure (fall cover)

Definitions

Academic Scholarships are renewable by maintaining a cumulative GPA of at least 2.0. May qualify for up to eight consecutive semesters.

BC Need-Based Grants are awarded to students who demonstrate financial need as determined by the FAFSA. Award amounts vary and may change as resources increase or decrease. Subsidized Direct Loans are based on financial need. You won’t be charged interest before you begin repayment, because the Federal government “subsidizes” the interest during these times.

Unsubsidized Direct Loans are not awarded based on financial need. Any eligible student can take out unsubsidized direct loans. The student will be charged interest from the time the loan is disbursed to the time the loan is repaid in full. Subsidized/Unsubsidized Loans require students to complete loan documents, and will automatically be processed for the entire amount for which a student is eligible (unless BC is notified otherwise). Parent PLUS Loan eligibility is dependent upon a modest credit check and approval by the Department of Education. If a parent is denied a PLUS loan due to credit, the student may be eligible for $4,000 in additional unsubsidized loan. Tuition Assistance Grant (Virginia residents only) The Tuition Assistant Grant (TAG) is a grant from the Commonwealth of Virginia, available to all full-time Virginia residents attending private colleges in Virginia. The 2018- 2019 award is estimated to be $3,300 by the Commonwealth of Virginia. We request the form be turned in by June 1, so that your financial aid documents will be in order when the preliminary billing is done. However, the state’s priority deadline is July 31, 2018 . Tobacco Region Scholarship/Loan Forgiveness Program (SW Virginia residents only) The Tobacco Region Revitalization Commission (Tobacco Commission) established a program in 2002 to offer assistance with a Bachelor’s degree and therefore strengthen the economies of Southwest (SW) and Southside (SS) Virginia through education and training of its citizens. For the 2017-2018 academic year, new recipients will be applying for a loan with terms offered to earn forgiveness after graduation. To learn more visit www.ticscholarshiploan.org

Institutional Scholarships are listed at bluefield.edu/fin-aid Notify your admissions counselor if you think you may qualify.

Students may also qualify for Federal work study jobs . Contact Financial Aid Office for details.

Worth the Investment

Christian Universities Online ranked BC among the 50 Most Beautiful Christian Colleges and Universities in the U.S. and among the Top 50 Christian Colleges with the Lowest Student Debt in 2016 . Bluefield College has been selected for the third year in a row as one of the top colleges in Virginia in Virginia Living magazine’s “State of Education 2017” issue.

Over 90% of faculty and staff donate to the BC Scholarship Program.