Financial aid

Purpose and philosophy

The Student Financial Aid office (SFA) at Goshen College is designed to assist students and families in financing a college education. Our awarding policies recognize past achievements while also taking into consideration a family’s financial need. While financial aid is meant to supplement, not replace, family resources for college, the SFA office staff is committed to providing excellent customer service in helping our families to understand the financial aid process.

Financial aid packaging

All financial aid awards are determined by the Student Financial Aid office. Students applying for financial aid are considered for all aid for which they are eligible. Financial aid is normally provided in a “financial aid notification”– a combination of institutional, state, federal and private loans, employment, and gifts. Goshen College attempts to provide a financial aid notification adequate to meet the needs of each student who applies.

Students planning to attend Goshen College should see the Financial Information section of the catalog or the accounting department website for details about expenses for the current academic year. Indirect expenses, including books and supplies, personal expenses,  and transportation are added to tuition, room and board costs to determine the total cost of attendance. The Student Financial Aid office considers the total costs of attendance when preparing a financial aid award.

During 2019-2020, Goshen College administered more than $26.3 million in financial aid.

Types of financial aid available for the traditional program

  • Scholarships and Achievement Awards – Merit aid awarded in recognition of outstanding achievement in academics, athletics, music, or other leadership areas.
  • Grants – Grants are gift aid awarded to students, usually based upon demonstrated need. Grants come from Goshen College and from federal and state governments.
  • Loans – The Federal Direct Subsidized Loan and the Federal Nursing Loan do not accrue interest while the student is enrolled half-time or more. The Federal Direct Unsubsidized Loan, the Federal Parent PLUS Loan, the Federal Graduate PLUS Loans, and private or alternative loans, do accrue interest during the time of enrollment in college.
  • Employment – Part-time jobs are available on campus or in the community where earnings can amount to as much as $1,000 or more each school year. Full-time summer employment can provide additional earnings.

Financial aid package order of assembly for traditional programs

  1. Federal Pell Grant
  2. Federal Supplemental Educational Opportunity Grant (SEOG)
  3. State grants
  4. Academic scholarships
  5. College scholarships and discounts
  6. Church Aid and Goshen College Church Aid Matching Grant
  7. Goshen College Grant
  8. Endowed Scholarships
  9. Federal TEACH Grant
  10. Federal Direct Subsidized Loan
  11. Federal College Work-Study
  12. Federal Nursing Student Loan to meet remaining need
  13. Unsubsidized Federal Direct StaffordLoan
  14. Federal Direct Parent Loan (PLUS) to families who desire it

Financial aid package order of assembly for continuing studies programs

  1. Federal Pell Grant
  2. State Grants
  3. Outside Scholarship (including employer reimbursement)
  4. Federal Direct Subsidized Loan
  5. Unsubsidized Federal Direct Stafford Loan

Sources of financial aid

Federal and state programs

Goshen College participates in all federal programs, including the Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (SEOG), Federal Nursing Student Loan (NSL), Federal College Work-StudyProgram, the Federal Direct Stafford Student Loan, the Federal DirectParent Loan for Undergraduate Students (PLUS),the Federal Direct Graduate PLUS Loan, and Veteran Educational Benefits.

Institutional aid programs for students in the traditional program

Goshen College President’s Leadership Award (PLA)

The President’s Leadership Award (PLA) is a competitive scholarship for high achieving academic students who demonstrate exceptional leadership qualities. This scholarship requires an application, a personal experience portfolio (essay questions), and a video. Recipients will receive a full tuition scholarship renewable for a total of 8 semesters. Recipients will take part in a fall orientation with returning PLA recipient students and are encouraged to participate in the college’s LEAF (Leadership, Engagement, Authorship and Future) program.

To be eligible to apply for the PLA, students must meet ONE of the following criteria:

  • Have a cumulative GPA of at least 3.85 (on a 4.0 scale)
  • Score at least 1340 on the SAT OR at least 29 on the ACT
  • Be a National Merit Semifinalist

Eligible applicants must also participate in Celebrate Scholars Day at Goshen College on Saturday, Jan. 25, 2020. If you have an unavoidable conflict, contact your admissions counselor.

Note: The President’s Leadership Award will replace the student’s previously awarded academic scholarship.

Intercultural Leadership Award

The Intercultural Leadership Award is for incoming first-generation students of color who have demonstrated a distinguished academic record, leadership potential and commitment to giving back to their community. The scholarship is for $20,000 a year and is renewable for a total of eight consecutive semesters based on academic performance and program participation. This scholarship requires an application and a response to an essay question. Recipients are encouraged to participate in the college’s LEAF (Leadership, Engagement, Authorship and Future) program.

In order to qualify to apply, students must meet the following criteria:

  • Be of African-, Hispanic/Latino-, Asian- or Native-American heritage
  • First-generation college applicant
  • Be a U.S. citizen or permanent resident with a valid permanent resident card
  • Have a cumulative high school grade point average of 3.0 or above (on a 4.0 scale)
  • Score at least 970 on the SAT OR at least 18 on the ACT
  • Complete the Free Application for Federal Student Aid (FAFSA) by your state’s deadline
  • Participate in Celebrate Scholars Day at Goshen College on Saturday, Jan. 25, 2020. If you have an unavoidable conflict, contact your admissions counselor.

Note: The Intercultural Leadership Award will replace the student’s previously awarded Leader of Color Award and academic scholarship.

Leader of Color Award

The Leader of Color Award is designed to recognize qualified students of color who have demonstrated a distinguished academic record and significant leadership activities in their local communities during their high school years. The scholarship is for $2,500 a year ($1,250 per semester) and is renewable for a total of eight consecutive semesters. Recipients are encouraged to participate in the college’s LEAF (Leadership, Engagement, Authorship and Future) program.

In order to be eligible to receive this scholarship, students must meet the following criteria:

  • Be of African-, Hispanic/Latino-, Asian- or Native-American heritage
  • Be a U.S. citizen or permanent resident with a valid permanent resident card
  • Have a cumulative high school grade point average of 3.0 or above (on a 4.0 scale)
  • Score at least 970 on the SAT OR at least 18 on the ACT
  • Complete the Free Application for Federal Student Aid (FAFSA) by your state’s deadline
  • Apply for admission to Goshen College by March. 1, 2020.(including submission of a completed admissions application, high school transcript and SAT/ACT test score).

Students are required to maintain a cumulative Goshen College GPA of 2.5.

Goshen College National Merit Scholarship (Burkholder Scholarship)

National Merit Scholarships for National Merit finalists–$2,000 per year for four years. These scholarships are partially funded by an endowment established in honor of President Emeritus J. Lawrence Burkholder and his wife, Harriet. It is renewable each year with a 3.20 grade point average. The award is made for no more than eight total semesters.

Goshen College Academic Scholarships (for first-year students entering in fall 2020)

These scholarships reward achievement in high school. Eligibility is determined by a combination of grade point average (GPA) and SAT or ACT scores. Awards based on academics are limited to a total of eight semesters and are renewable based on a continued minimum GPA of 2.0.

  • Dean’s Academic Scholarship $16,000
  • High Honors Academic Scholarship $15,000
  • Honors Academic Scholarship $13,000
  • Academic Excellence Scholarship $10,000
  • Academic Scholarship $8,000

Goshen College Transfer Academic Scholarships

Transfer students who have shown outstanding performance can receive academic/merit scholarships based on their cumulative transfer GPA.

  • Transfer High Honors Scholarship $12,000
  • Transfer Honors Scholarship $10,000
  • Transfer Academic Excellence Scholarship $8,000
  • Transfer Academic Scholarship $6,000
  • Transfer Scholarship$4,000

Renewals are based on maintaining a minimum 2.0 GPA.

Athletic scholarships

Scholarships for athletic leadership/achievement are awarded each year through the Athletic Department. Check directly with the athletic department for details.

Music scholarships

The Goshen College Music Department offers two types of music scholarships to first-year and transfer students who are majoring or minoring in music at Goshen College: three Excellence Awards of up to $10,000 annually and multiple Achievement Awards of up to $6,000 annually. All instruments and voice parts are encouraged to apply, including students with interests in composition. Go to the Music Department website for more information and an application.

Endowed and restricted scholarships

Each year, the Financial Aid office administers over 150 endowed and restricted scholarship funds and awarded over $1.3 million to students from these sources. Simply by applying for financial aid, the student will automatically be considered for endowed and restricted scholarships, using criteria specified by each donor. Over 75 percent of these scholarships are need-based. Many are designated for a specific major or professional goal; some are based on other criteria such as geography, descendency, etc.

Missionary service scholarships (Swallen or Lord’s Trust)

Scholarships are available for students in any major who are preparing for missionary service. The application for first time recipients is available in the Admission Office. Renewal applications are available in the Student Financial Aid Office. In addition to the application, two references are required. Awards are made for no more than eight total semesters.

Goshen College Grant

A Goshen College Grant is gift assistance provided on the basis of financial need. The amount of the grant depends on the student’s demonstrated need and other gift aid received.

Church Aid Matching Plan

Goshen College provides grants to match assistance given by the student’s congregation or conference aid plan. The Church Aid Matching Grant will be awarded in addition to other scholarships, grants or discounts for which the student is eligible. This program is available to any student, regardless of religious denomination. The Church Aid Matching Grant will apply dollar-for-dollar to the first $1,000, and beyond that on a 1:4 ratio. Congregational or conference representatives must notify the college by March 1, providing the amount of aid commitment and the name of each recipient. The match is pro-rated for part-time enrollment.

Tuition discounts

Related Mennonite institution discounts

Dependents of a faculty or staff member from schools of the Mennonite Secondary Education Council, Mennonite Elementary Education Council, Anabaptist Mennonite Biblical Seminary, Eastern Mennonite Seminary or College Mennonite Church are eligible for a tuition discount up to 25 percent. Dependents of faculty and staff from these institutions who are employed less than full-time receive a pro-rata share of the 25 percent discount, based on the percentage of the parent’s employment.

Mennonite Colleges tuition discount reciprocity

Dependents of faculty and staff members from the following schools in the Council of Mennonite Colleges are eligible for a 50 percent tuition discount: Bethel College (Kan.), Bluffton University, Eastern Mennonite University, and Hesston College. Dependents of faculty and staff who are employed less than full-time receive a pro-rata share of the 50 percent discount, based on the percentage of the parent’s employment.

Financial aid policies

Limits on Goshen College aid

Goshen College institutional dollars are available to students who have not achieved a bachelor’s degree. Students may apply or audition for any number of awards, but each student may receive a maximum of two total awards from the lists below.

Academic scholarship (limit of one):
  • President’s Leadership Award
  • Dean’s Academic Scholarship, High Honors Academic Scholarship, Honors Academic Scholarship, and Academic Excellence or Academic Scholarship
  • Transfer High Honors Scholarship, Transfer Honors Scholarship, Transfer Academic Excellence or Transfer Academic Scholarship
Additional awards:
  • Athletic Awards
  • Gorsline Business, Communication or Theater Scholarships
  • Swallen or Lord’s Trust Scholarships
  • Music Department Scholarships (Music Excellence or Achievement Awards)
  • Tuition Discount Benefit

Per college policies, the total gift aid from Goshen College sources cannot exceed the cost of tuition. Aid from all sources cannot exceed the combined cost of attendance.

Grounds for termination of financial aid

Financial: Accounts from previous enrollment must be paid in full to retain financial aid assistance. Federal aid received for one year cannot be used to pay an outstanding bill from the previous year. Behavioral: Financial aid recipients must agree to maintain support of the community life standards of Goshen College. Federal aid is terminated upon conviction of possession or sale of illegal drugs. Withdrawal of enrollment: Any financial aid held by a student who withdraws either voluntarily or by request will be adjusted according to federal and institutional refund policies found at goshen.edu/financial-aid/refund-policy. Any loan or open account will become due and payable.  Academic: Financial aid recipients must maintain Satisfactory Academic Progress, explained below.

Satisfactory Academic Progress

Financial aid recipients must show sufficient academic progress toward completing degree objectives within a reasonable time period to remain eligible for federal, state, and Goshen College programs. Students who fail to make satisfactory progress will become ineligible for federal, state and Goshen College financial aid and may be suspended from the college. The academic appeals committee hears appeals from those failing to meet minimum SAP. To continue receiving financial aid and enrolling at Goshen College, a student must meet the GPA and pace requirements in the table below.

Total hours earned at Goshen or recognized for degree consideration from all institutions 1-29 30-44 45 and up
Minimum cumulative grade point average (GPA) required for academic good standing 1.75 1.90 2.00
Minimum pace: percentage of total credit hours passed compared to total attempted (including “W” courses) 67%
Maximum total credit hours of aid eligibility to complete first academic major requirements (150%) 180 credit hours
(186 for elementary education)

Note: All periods of enrollment count toward SAP, including periods when a student does not receive Title IV aid.

SAP review process

Student records are reviewed at the end of fall and spring semesters and at the end of the summer session. Any student not meeting SAP for GPA or pace is placed on financial aid warning for one semester. While on warning, students must increase GPA to the required level and ensure their cumulative pace is 67 percent or higher. If these conditions are not met by the end of the semester, a suspension is activated. A suspension is activated without a warning semester if fewer than 6 credit hours are passed in a full-time semester.

Appeal process
A short appeal period is provided during which a suspended student can file a written appeal with the academic appeals committee, which takes final action at meetings in January, May, and August. An appeal letter should be sent to the Registrar and address why the student failed to make Satisfactory Academic Progress (SAP) and why another chance is justified.

  • Include documentation describing unusual or mitigating circumstances that contributed to academic failure, such as injury, illness, death of a relative, or other special circumstances.
  • Describe what has changed that would now allow the student to succeed.
  • Contain an academic plan prepared with the Academic Success Center, showing how the student will meet SAP standards by a specific time.

Successful appeals
If the appeal is approved, the student’s suspension is changed to financial aid probation with an academic plan. The student will receive a letter detailing expectations for continuing academic studies. It is possible that the student would be asked to complete testing or counseling to diagnose and address academic or mental health difficulties.

Academic and financial aid suspension
For students who do not appeal or for whom the appeal is not granted, suspension will ensue. Suspension lasts two semesters. The student may apply for readmission after that time and after successfully completing at least 12 credit hours at any college. Additionally, the student must submit a letter detailing their plan for reaching Satisfactory Academic Progress, which will be evaluated by the Academic Appeals Committee.

Transfer credits and SAP
Transfer credits accepted by Goshen toward a student’s degree program will be included when calculating the credit hour completion ratio, but not the GPA.

Change of Major/Double Major
If a student elects to double major, complete more than one degree at a time, and/or start a degree and then change majors, then all classes previously taken will count towards SAP.

Second Degree
All credits accepted by Goshen College towards a second undergraduate degree will count towards SAP. Students who have reached the 150% limitation and want additional aid must appeal for an extension. Students may appeal only once for an extension of their aid due to seeking a second degree. The Director of Financial Aid and Registrar will review the appeal.

Repeated courses
Students may repeat a course with W or F grade as many times as needed until passed. However, a previously passed course may be repeated only once if the student wishes to receive financial aid for that course. The new grade will replace the previously earned grade for GPA purposes. However, all attempts will count towards pace and maximum time frame.

Grade Change
If a student’s grade is changed, the student may request another SAP review.

Withdrawal from courses (W grade)
If students withdraw from a course and receive a W grade, those course credits are included in the total credit hours attempted when calculating the pace percentage of credits completed.

Incomplete grades (I grade)
If students receive an Incomplete (I) grade, those course credits are included in the total credit hours attempted when calculating the pace percentage of credits completed. When the (I) is replaced with a final grade, the student may request another SAP review.

Additional earned credits
Credit hours earned by testing, special registration or other non-standard means are counted in the SAP calculations as both credits attempted and credits earned.

May and Summer
May-term and summer classes are combined and count as a single semester for SAP measurements.

Remedial Courses
Goshen College does not offer noncredit remedial courses.

Procedures for applying for financial aid

Early and orderly planning is important for receiving financial assistance.

  1. Apply for admission; a student must be admitted to the college before an official financial aid offer can be made.
  2. Annually complete the Goshen College Financial Aid Application. (For first-year and transfer students, the financial aid application is combined with the application for admission.)
  3. Submit a Free Application for Federal Student Aid (FAFSA) by the March 1 priority deadline. The FAFSA may also be used to apply for the Pell Grant program and the Indiana Higher Education Award and Freedom of Choice Award. The FAFSA may be obtained online at www.fafsa.gov. Students should specify 001799 as the code number for Goshen College in the appropriate section of the FAFSA.
  4. Investigate other sources of financial aid: high school, church, community service clubs, industry or vocational rehabilitation.
  5. The Financial Aid Office typically begins awarding incoming students in December. Upon receiving a financial aid package, the student should review the award and respond to the guidelines stated in the financial aid letter.
  6. Continuing students must reapply for financial aid each academic year. Aid usually continues at substantially the same level each year unless the family’s resources or the student’s status change. All enrolled students receiving aid automatically receive information about applying for renewal awards. Award letters will be sent beginning in early April.

Canadian students

Canadian students are eligible for institutional grants and scholarships listed above. To apply for need-based financial assistance, students should request the GC Institutional Financial Aid Form. Students should also consider sources of aid in their home province.

International students

International students are eligible for academic scholarships and need-based grants that cover part of the cost of tuition. The actual percentage depends on the financial need of the student as well as grades. International students may apply for aid as a part of the admission process. To be considered, a completed application, along with all supporting transcripts and test scores, must be submitted along with a financial declaration. Goshen College also offers athletic and music scholarships for qualified international students. For music scholarships, an application and audition are required. Note: A student cannot receive both an athletic and a music scholarship.

Students in non-traditional programs

Students in all non-traditional programs at Goshen College, through the Adult and Graduate Programs, are eligible for federal, state and veteran’s benefits. Goshen College aid is limited to tuition discounts for employees and spouses.