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Scholarships

  • A scholarship is a form of financial assistance that does not need to be repaid. Scholarships are awarded to those who meet certain criteria, such as intended area of study, family history, geographical location, etc.

  • Types of Scholarships: (Click on the appropriate link, or scroll down, for more information)
    Academic Scholarship
    Academic Grant
    Transfer Academic Scholarship
    Transfer Academic Grant
    Phi Theta Kappa Scholarship for Transfer Students
    Army ROTC
    Veterans Benefits/Yellow Ribbon Program
    Nazarene Student Advantage Scholarship
    Nazarene Pastor or Missionary Scholarship
    Merit Scholarships: Music, Art, ONU Foundation
     

     Academic Scholarship 
     
    Type of aid
     
    Scholarship
    Award amounts
     
    $12,000-$20,000
    Eligibility requirements
     
    Must meet BOTH minimum GPA and test score requirements on academic performance matrix.
    Renewal requirements
     
    Available for up to eight semesters. Students must be enrolled full-time (at least 12 credit hours fall and spring semesters) and must achieve a 3.0 minimum cumulative GPA for scholarships. Academic Scholarships are not available for summer sessions.
    EFC eligibility range
     
    Open
    Enrollment requirements
     
    Full-time enrollment each fall and spring semester
    Grade-level eligibility
     
    Undergraduate
    Special rules
     
    Student must maintain satisfactory academic progress. Cannot be stacked with additional academic support.
    Costs this aid can cover
     
    Tuition and fees

     

    Academic Grant 
     
    Type of aid
     
    Grant
    Award amounts
     
    $2,000-$16,000
    Eligibility requirements
     
    Must meet BOTH minimum GPA and test score requirements on academic performance matrix.
    Renewal requirements
     
    Available for up to eight semesters. Students must be enrolled full-time (at least 12 credit hours fall and spring semesters) and must achieve a 2.0 minimum cumulative GPA for scholarships. Academic Grants are not available for summer sessions.
    EFC eligibility range
     
    Open
    Enrollment requirements
     
    Full-time enrollment each fall and spring semester
     
    Grade-level eligibility
     
    Undergraduate
    Special rules
     
    Student must maintain satisfactory academic progress. Cannot be stacked with additional academic support.
     
    Costs this aid can cover
     
    Tuition and fees
     

     

     Transfer Academic Scholarship 
     
    Type of aid
     
    Scholarship
     
    Award amounts
     
    $7,000-$18,000
    Eligibility requirements
     
    Must have a minimum cumulative GPA of 3.0 and have completed at least 16 college-level credit hours at the point of acceptance to Olivet.
    Renewal requirements
     
    Students must be enrolled full-time (at least 12 credit hours fall and spring semesters) and must achieve a 3.0 minimum cumulative GPA. These credits must be completed by the end of spring semester each year. Transfer Scholarships and other academic scholarships are not available for summer sessions, and credits earned and GPA achieved in summer sessions do not count toward eligibility requirements until the following fall or spring calculations. If lost, the scholarship may be reinstated if eligibility requirements are met.
    EFC eligibility range
     
    Open
    Enrollment requirements
     
    Full-time enrollment each fall and spring semester
    Grade-level requirements
     
    Undergraduate
    Special rules
     
    Student must maintain satisfactory academic progress. Cannot be stacked with additional academic support.
    Costs this aid can cover
     
    Tuition and fees

     

    Transfer Academic Grant   
     
    Type of aid
     
    Grant
    Award amounts
     
    $5,000-$9,500
    Eligibility requirements
     
    Must have a minimum cumulative GPA of 2.0 and have at least 16 completed college-level credit hours at the point of acceptance to Olivet.
    Renewal requirements
     
    Students must be enrolled full-time (at least 12 credit hours fall and spring semesters) and must achieve a 2.0 minimum cumulative GPA. These credits must be completed by the end of spring semester each year. Transfer Academic Grants and other academic grants are not available for summer sessions, and credits earned and GPA achieved in summer sessions do not count toward eligibility requirements until the following fall or spring calculations. If lost, the grant may be reinstated if eligibility requirements are met.
    EFC eligibility range
     
    Open
    Enrollment requirements
     
    Full-time enrollment each fall and spring semester
     
    Grade-level eligibility
     
    Undergraduate
    Special rules
     
    Student must maintain satisfactory academic progress. Cannot be stacked with additional academic support.
    Costs this aid can cover
     
    Tuition and fees
     

     

    Phi Theta Kappa Scholarship for Transfer Students 
     
    Type of aid
     
    Scholarship
    Award amounts
     
    $1,000
    Filing deadline
     
    None
    Application process
     
    Submit copy of certificate or letter confirming status as a Phi Theta Kappa member.
     
    Eligibility requirements
     
    Member of Phi Theta Kappa
     
    EFC eligibility range
     
    Open
     
    Enrollment requirements
     
    Full-time
     
    Grade-level eligibility
     
    Undergraduate
     
    Special rules
     
    Renewable with a 3.0 cumulative Olivet GPA. Available for eight semesters. Award can be added to Transfer Academic Scholarship.
     
    Costs this aid can cover
     
    Tuition and fees
     

     

     Army ROTC 
     
    Type of aid
     
    Scholarship
    Award amounts and general information
     
    Army ROTC can offer two-, three-, and four-year scholarships that pay full tuition and mandatory fees to qualified students. Students can apply at any time from their junior year in high school to the second semester of their sophomore year in college. All scholarship students also earn $300-$500 monthly stipend while in school, and an annual allowance of $1,200 for books and miscellaneous fees. In addition, qualified non-scholarship cadets are eligible for a tuition reduction if participating in ROTC. Students should contact the military science department and ONU’s financial aid department to discuss complete benefit packages.

     

     Veteran Benefits/Yellow Ribbon Program
     
    Type of aid
     
    Scholarship
    General information
     
    To assist students who qualify for benefits from the Veteran’s Administration, Olivet has a counselor in the Office of the Registrar who specializes in these programs. In addition, ONU is part of the federal Yellow Ribbon Program, which helps to fund the tuition for veterans in certain circumstances. The VA counselor can help determine eligibility. For more information, click here.
     

     
     

     Nazarene Student Advantage Scholarship 
     
    Type of aid
     
    Scholarship
    Award amount
     
    Up to $1,000
     
    Eligibility requirements
     
    The applicant must provide supporting documentation of regular attendance within the Nazarene Church.
    Renewal requirements
     
    None
    EFC eligibility range
     
    Open
    Enrollment requirements
     
    At least 12 hours each semester
     
    Grade-level eligibility
     
    Undergraduate
    Costs this aid can cover
     
    Tuition and fees
     

       

    Nazarene Pastor or Missionary Scholarship 
     
    Type of aid
     
    Scholarship
    Award amounts
     
    Up to $6,812
     
    Eligibility requirements
     
    The applicant must provide to Olivet’s Church Relations Office supporting documentation of parent’s full-time service.
    Renewal requirements
     
    Parent must maintain full-time service during the duration of the student’s time at Olivet.
    EFC eligibility range
     
    Open
    Enrollment requirements
     
    At least 12 hours each semester
     
    Grade-level eligibility
     
    Undergraduate
    Costs this aid can cover
     
    Tuition and fees
     

     Merit Scholarships: Music, athletic, art, theater, ONU Foundation  

    A variety of athletic scholarships are awarded in multiple sports each year, based upon athletic skill and demonstrated ability. The coaches oversee the awarding of these funds for their respective sports. Contact your counselor who will connect you with the appropriate person from the ONU Department of Athletics regarding specific awards.

    A variety of music, art and theater scholarships are awarded annually, based upon excellence in these respective disciplines and other criteria. The individual departments determine the unique criteria for scholarships awarded. Contact your counselor who will connect you with the appropriate person in the Department of Music, Department of Art and Digital Media, or Department of Communication regarding specific awards.