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 given to applicants qualifying for Federal Pell Grants.|
Federal and State Gift Aid
|Grant or Award||Max Amounts|
|Federal Pell Grant||$ 6,345|
|Federal SEOG Grant||$ 1,400|
|Federal TEACH Grant||$ 3,728|
|Indiana Freedom of Choice||$ 10,100|
|Indiana 21st Century Scholarship||$ 9,800|
|Indiana Minority Teaching Scholarship||$ 4,000|
Goshen College Individual Development Education Accounts (IDEA): Save $500 for college and receive $4,000
Read up on our financial aid refund policies.