Need-Based Aid: bridging the gap

Simply put, the purpose of need-based financial aid is to help bridge the gap between your Expected Family Contribution (as determined by the results of your Free Application for Federal Student Aid) and the cost of attending Goshen College. Many families and students mistakenly assume they are not eligible to receive financial aid - but we encourage everyone to apply so that you can understand a broader range of options.

Types of grants and their requirements

Grant	Requirements
Indiana Grants	Indiana Resident. FAFSA must be submitted before March 10 (corrections before June 10). For more information, please visit the SSACI website: http://www.in.gov/ssaci/
Federal Pell Grant	Based on financial need. For more information, click here
Federal SEOG	Based on financial need. Priority given to applicants qualifying for Federal Pell Grants.
Federal ACG	Based on a rigorous High School Program. Student must be eligible for a Federal Pell grant. For more information, click here.
Federal SMART	Based on the student’s area of study or major. Student must be eligible for a Federal Pell grant. For more information, click here.

Federal and State Gift Aid

Grant or Award	Max Amounts
Federal Pell Grant	$ 4,731
Federal SEOG Grant	$ 1,800
Federal AC Grant	$ 750 - 1,300
Federal SMART Grant	$ 4,000
Federal Byrd Grant	$ 1,500
TEACH Grant	$ 4,000
Indiana Freedom of Choice Award	up to $ 7,035
Indiana Higher Education Award	up to $ 3,957
Indiana 21st Century Scholarship	up to $ 5,400
Indiana Nursing Award	$ 1,000
Indiana Minority Teaching Award	$ 1,000
Indiana Hoosier Scholarship	$ 500
Pennsylvania PHEAA Grants	$ 400