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Adult Programs

Financial Aid

Quality, affordable education is within your reach.

Getting your degree at a first-rate college should be an investment in your future—but not one that will break the bank. Because we understand your needs and responsibilities as a working adult, students in the Adult Degree Program at Goshen College pay a discounted tuition rate. We have created an affordable, accelerated, and high-quality program just for you.

Remember, you can always contact us if you have questions, or if you would like some help walking through the application for financial aid.

Types of Financial Aid

Students who have unmet need (after grants have been awarded) are usually eligible for Federal Direct Student Loans. Federal loans have lower interest rates and better repayment options than private loans. Independent students with a junior or senior school level (60 credits) may be eligible for up to $12,500 in student loans per academic year. To apply for federal student aid, you must fill out a FAFSA.

The State Student Assistance Commission of Indiana has developed several programs to help Indiana residents with their educational expenses. To apply for state aid, you must fill out a FAFSA by April 15.

This need-based federal grant is available only to students pursuing their first bachelor’s degree. Funds may be used for tuition, fees, books, room, board or other educational expenses. The maximum Federal Pell Grant for 2022-2023 will be $6,895.

Thanks to the Community Foundation of Elkhart County, we are pleased to offer Career Advancement Scholarships for Elkhart County residents.

Outside scholarships do not come from Goshen College. Instead, they are sponsored by private organizations. The financial aid office encourages students to apply for as many outside scholarships as possible for which they are eligible.

Alternate loans for students (also called private loans) may help fill the gap between the cost of education and financial aid available. (Interest rates are variable; the best rates may require a co-signer) For a list of several alternate loans, including facts and contact information, click here or contact the financial aid office.

Goshen College participates in the Post 9-11, GI Bill program and the Yellow Ribbon Program. If you are eligible to receive these benefits, please contact us and we will connect you to Goshen’s certifying official who will process your benefits. For more information on these programs, visit the U.S. Department of Veterans Affairs website.

Most students who need help paying for college fill out a Free Application for Federal Student Aid (FAFSA) to become eligible for financial assistance from the federal and state government. Remember, financial aid applications can be overwhelming, but it’s simpler than it seems. And you don’t have to do this alone—our financial aid office is here to help if you have any questions.

Institutional Aid

Goshen College offers discounting tuition pricing for post-baccalaureate programs to students that have earned a bachelor’s or master’s degree from Goshen College. Learn more at goshen.edu/discount

Steps for FAFSA

Apply for admission to Goshen College. You can fill out the FAFSA at the same time, but you won’t hear back about how much aid you can receive until you’ve been admitted to the program.

Get a PIN number from the U.S. Department of Education. By requesting a pin number and having it sent to you via email, you can fill out and sign your FAFSA online, which will save you time in the process. (If you don’t want to fill it out online, see instructions for mailing the form.)

Complete and submit your FAFSA. Students should specify 001799 as the code number for Goshen College.

Log in to your MyGC account to accept your financial aid.

If you are applying for Federal Loans for the first time, there are two more documents you need to turn in:

  1. Entrance Counseling
  2. Master Promissory Note

The deadline for state grants is April 15.

Video Resources from FSA


How to Create Your FSA ID

How to Fill Out the FAFSA

Cost

Payment Plans

If you are receiving loans or grants from the state or federal government, you will declare Goshen College as the recipient and the funding will go directly to the financial aid office. Student using financial aid must complete the FAFSA at least twice during the program. The steps for completing a FAFSA are listed above.

If you have the finances to pay directly for your degree, you can opt to pay in full at the beginning of each term by check, cash, or credit card. Charges unpaid within 30 days will be subject to a 1% (12% annual) interest charge.

Monthly payments can be set up at goshen.edu/payonline. The cost per term is $25.  For additional information, please contact the accounting office.

Refund Policy

Read up on our financial aid refund policies.