|
|
 |
Scholarships & Financial Aid
Traditional undergraduate students at Seton Hill University can be eligible for both need-based aid and merit-based aid. Most merit based aid is gift money which does not need to be repaid. Need based aid may consist of gift money, loans, or jobs. Seton Hill offers various types and amounts of each. The majority of our financial aid packages are made up of a combination of the aid listed below.
Scholarships - View all our Endowed Scholarships
Private scholarships are another good way to help fund an education. Private scholarships can be obtained from many sources. The financial aid office keeps a binder of private scholarships,
the web offers search sites, and organizations and companies in your area may offer scholarships as well.
Need-Based Aid
Need is the difference between the cost of attending college and the amount that you and your family are expected to contribute. The amount of your expected family contribution (EFC) is obtained by completing the Free Application for Federal Student Aid (FAFSA), the government's official accepted means of evaluation.
Eligilibility
To qualify for federal or state assistance a student must be a U.S. Citizen or hold an alien registration card, and must have a high school diploma or its equivalent.
|
 |
Grants & Scholarships - More Information
|
| Type | Amount | How to Apply |
| Federal Pell Grant | $400-$4,000 | FAFSA |
| Pennsylvania State Grant | $200-$3,300 | FAFSA |
| Seton Hill University Grant | $100-$9,000 | FAFSA |
Seton Hill University Scholarships
Endowed Scholarships | $100-$10,000 | Financial Aid Application |
 |
| Student Loans - More Information |
| Type | Amount | How to Apply |
| Federal Subsidized Stafford | $2,625-$5,500 | FAFSA & MPN |
| Federal Unubsidized Stafford | $4,000-$5,000 | FAFSA & MPN |
| Federal Perkins Loan | $500-$2,000 | FAFSA |
| Parent Loan for Undergraduate Students (PLUS) | Variable | PLUS Application |
| Alternative | Variable | Alternative Loan Application |
|
| Employment - More Information |
| Type | How to Apply |
| Federal Work Study | FAFSA & SHU Job Application |
| State Work Study | FAFSA, SHU Job Application & State Work-Study Application |
| Seton Hill Work Study | SHU Job Application |
|
|
GRANTS
Gifts of aid from federal, state and institutional sources based on financial need.
Federal Pell Grant
This program provides grants from the federal government to both full and part-time undergraduate students.
State Grant
This program is specific to the students' state of legal residence. Many states have state grant programs. Students can apply for the state grant by completing the FAFSA. The deadline to complete the FAFSA for the Pennsylvania State Grant is May 1st. Students who attend a PA school who reside in a state other than PA may be eligible for a state grant from their state of residence and in some cases that grant may be transferable to a PA school.
Seton Hill Grant
This is an institutional grant-based on financial need. It is a grant that is available to both full-time and part-time students.
|
|
LOANS
Money borrowed by the student or the parent that must be repaid.
Subsidized Federal Stafford Loan
This loan is a federal loan administered by the Pennsylvania Higher Education Assistance Agency (PHEAA). This loan is interest free while the student is enrolled at least half-time. Full repayment can be spread over 10 years at a variable interest rate with a cap at 8.25%. Applications, which are referred to as Master Promisory Notes (MPN's), are obtained from a local bank, credit union or PHEAA.
- Undergraduates may borrow up to $2,625 for the first year, $3,500 for the second year, and up to $5,500 for each remaining undergraduate year.
- Graduate and professional students can borrow up to $8,500 per year to a total of $138,500, which includes any undergraduate Stafford Loans.
Unsubsidized Federal Stafford Loan
This loan provides an additional opportunity for independent borrowers, and those dependent borrowers who do not qualify for the full federal interest subsidy under the subsidized Stafford Program or whose parents have been denied a PLUS loan. Combined subsidized and unsubsidized loans may not exceed the annual loan limits. This loan is not interest- free while the student is enrolled. Interest is variable with a cap of 8.25%. The interest rate for this loan from July 1,2002 to June 30, 2003 is 3.46%.
- Undergraduates can borrow up to $4,000 for the first and second year, and up to $5,000 for each remaining year. However, there are limits.
- Graduate and professional students can borrow up to $10,000 per year. This is in addition to the $8,500 borrowed under the Subsidized program.
Federal Perkins Loan
This loan is a federal loan administered by the University with an interest rate of 5%, and a 10-year repayment. Applications will be given to you by the school.
Parent Plus Loan
This type of loan is specifically for parents who would like to access loan funds for educational purposes. This is a federal loan administered by PHEAA. Repayment generally begins 60 days after the last disbursement of the loan and can be spread over 10 years at a variable interest rate, with a cap of 9.00%. In some cases repayment of this loan can be deferred for up to four years. The interest rate for this loan from July1, 2002 to June 30, 2003 is 4.86%. Applications can usually be obtained form a local bank or credit union or PHEAA.
Alternative Loans
These loan funds are specifically for students who need additional loan funds for educational purposes. These loans are obtained through private sources. Loan interest rates, eligibility, and application processes vary. For more information regarding Alternative loans please contact the Financial Aid Office.
|
|
EMPLOYMENT
These positions are on-campus jobs paying minimum wage. Students generally work 8 hours a week. Work-study positions give students the opportunity to gain some practical, hands-on experience, and earn some money to help with expenses.
Federal Work-Study
This program gives students an additional opportunity to earn federal funds that are part of the financial aid package.
State Work-Study
This program gives students an additional opportunity to earn state funds that are part of the financial aid package.
|
|
MERIT-BASED AID (Activities or Special Talents)
Seton Hill offers many merit scholarships to incoming students on the basis of academic excellence, demonstrated achievement in extra-curricular activities or special talents. Financial need is not a consideration.
VALEDICTORIAN SCHOLARSHIPS
Valedictorian Scholarships are awarded to incoming freshmen who are ranked number one in their class at the completion of the first semester
of their senior year. These awards are valued at $12,500 annually and are renewable for a total of 8 semesters as long as the student maintains a cumulative grade point average of 3.7. This scholarship cannot be combined with a Presidential Scholarship.
PRESIDENTIAL SCHOLARSHIPS
Offered to all students who meet the criteria and are unconditionally admitted to the University. Elizabeth Seton: This scholarship
is awarded to incoming freshmen who rank in the top 10% of their high school class. Valued at $11,000 annually, this scholarship is renewable for an additional
eight (8) semesters if the student maintains a cumulative G.P.A of 3.7. Aloysia Lowe: This scholarship is awarded to incoming freshmen who rank in the top 20% of their high school class.
Valued at $9,000 annually, this scholarship is renewable for an additional eight (8) semesters if the student maintains a cumulative G.P.A. of 3.5.
Mary Schmidt: This scholarship is awarded to incoming freshmen who rank in the top 30% of their high school class. Valued at $7,000 annually this scholarship is renewable for an additional eight (8)
semesters if the student maintains a cumulative G.P.A. of 3.3.
LEADERSHIP SCHOLARSHIPS
These prestigious awards are given to incoming freshmen based on their academic achievement and co-curricular accomplishments. These awards may be combined with other institutional awards and are renewable for a total of 8 semesters as long as the student maintains a cumulative grade point average of 3.0.
COMMUNITY SERVICE SCHOLARSHIPS
Download Community Service Scholarship Application Packet
Community Service Scholarships are awarded to incoming freshmen who have made notable contributions and achievements in community service. Applicants are strongly encouraged to 1) feature their accomplishments in the optional essay portion of the application, and 2) submit a letter of recommendation that supports these accomplishments. These awards may be combined with other institutional awards and are renewable for a total of 8 semesters as long as the student maintains a cumulative grade point average of 2.6.
MAUREEN O'BRIEN LEADERSHIP AWARD
The Maureen Sheedy O'Brien Leadership Award for Community Service and Academic Achievement is awarded to an incoming freshman who has demonstrated leadership qualities through academic excellence and community service. This award is valued at $2,500 annually and is renewable for a total of 8 semesters as long as the student remains in good standing with the University. Candidates must submit two letters of recommendation to the Director of Financial Aid that outline their academic achievements and service to the community.
ALUMNI SCHOLARSHIPS
Sister de Chantal Leis Alumna Scholarship: This scholarship is awarded to an incoming student, preference given to children of a graduate of Seton Hill. Renewable for three (3) consecutive years provided the student maintains all academic requirements and University standards stipulated by the Alumnae Board. Joseph C. Cahill Scholarship: This scholarship is awarded to children and grandchildren of Seton Hill Alumni.
ATHLETIC SCHOLARSHIPS
Seton Hill, a member of NAIA, awards athletic scholarships to eligible incoming students based on their athletic ability, an evaluation at open try-outs, and recommendations of their high school coaches. Athletic aid is offered to qualified students who participate in soccer, volleyball, basketball, tennis, softball, cross country, golf, field hockey, baseball, football, softball, lacrosse, and equestrian. Try-outs are held throughout the year. For more information and dates, call the Admissions Office at (800) 826-6234, or e-mail admit@setonhill.edu.
FINE ARTS SCHOLARSHIPS
Hensler-Irvin Scholarship in Art • Gabriel Burda Memorial/Seton Hill Music Scholarships • Margaret Collier Music Scholarships • William Granger Ryan Scholarship for Actors • Beitler Theatre Scholarship
SCIENCE/MATH SCHOLARSHIPS
Scott Biology Scholarship • Betty/Westinghouse Chemistry Scholarship • Seton Hill Mathematics Scholarship
OTHER SCHOLARSHIPS
• Sisters of Charity Scholarships • Girl Scout Gold Award Scholarship • Eagle Scout Award Scholarship
PRIVATE SCHOLARSHIPS
Many scholarships are available to students from hometown civic clubs, high schools, companies where parents work, churches, and other organizations. There are also websites where students can search for private scholarships. Students are encouraged to investigate these types of scholarship opportunities to assist them with college costs.
EMPLOYMENT
Seton Hill University Work-Study jobs are reserved for students who do not qualify for State or Federal work-study, but would like the opportunity to gain valuable hands-on work experience. These work-study positions are on-campus jobs paying minimum wage. Students generally work no more than 8 hours a week.
|
|
|
|
