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 FAFSA – 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
|Indiana Grants||Indiana Resident. FAFSA must be submitted before April 15. For more information, visit the SFA website:|
|Federal Pell Grant||Based on financial need. For more information, visit the U.S. Department of Education’s website.|
|Federal SEOG||Based on financial need. Priority is given to applicants qualifying for Federal Pell Grants.|
Federal and State Gift Aid
|Grant or Award||Max Amounts|
|Federal Pell Grant||$ 7,395|
|Federal SEOG Grant||$ 1,400|
|Federal TEACH Grant||$ 3,772|
|Indiana Freedom of Choice||$ 12,400|
|Indiana 21st Century Scholarship||$ 9,256|
|Indiana Minority Teaching Scholarship||$ 4,000|
$500 Annually ($2,000 in total)
Students who have at least one parent who is an alumnus of Goshen College are eligible for the Legacy Scholarship. This scholarship is for $500 a year ($250 per semester) and is renewable for a total of eight consecutive semesters ($2,000 in total).
Read up on our financial aid refund policies.