How Need is Determined
A family's or student's financial need is based on a simple formula:
Financial Need = Cost of Attendance - Expected Family Contribution
The Cost of Attendance consists of tuition, fees, room, board, books, travel and other associated educational costs. The Expected Family Contribution (EFC) is a calculated assessment of how much your family will be expected to contribute to your child's college costs. The EFC is subtracted from the Cost of Attendance at the college. The result is a calculation of the student's Financial Need or eligibility for financial aid. From this equation you can see that if the cost of one college is higher, the amount of Financial Need you have will be greater as well.
There are two main formulas used to determine the EFC. The Federal Methodology (FM) is used by the federal government to calculate eligibility for federal aid. The Institutional Methodology (IM) is used by many colleges to calculate eligibility for institutional aid programs. Grove City College uses IM.
IM is a need analysis formula developed and maintained by the College Board to assist colleges, universities, and private scholarship programs in determining eligibility for institutional and private financial aid funds. GCC relies on information collected on the GCC Financial Aid Application for its calculations. Use the College Board's online Student Tool, the EFC Calculator
, to estimate your expected family contribution using the IM formula.
The EFC is calculated by considering the family's financial strength -- their income and assets. Other factors that are considered include the number of family members and the number of family members in college. Many variables are considered such as: family size, number of family members in college, age of older parent, savings, investments, income, and assets.
At Grove City College students must demonstrate both financial need and academic achievement to qualify for need-based financial aid. Returning students must have earned a minimum cumulative QPA (CQPA) of at least 2.00 in order to qualify for need based financial aid.
How to Apply
All students who wish to be considered for need-based financial aid need to apply by completing the GCC Financial Aid Application. Students and families should start the process early, apply by the deadlines even if you have been wait-listed and keep copies of all documents and correspondence. Students who plan to study abroad should review the Aid for Study Abroad Policy. Applications must be submitted each year. Please select the appropriate application from the following choices:
INCOMING FRESHMEN/RETURNING STUDENTS
Net Price Calculator
The College is pleased to offer the Grove City College Net Price Calculator. The calculator collects financial and other information and, after calculating an estimated EFC, provides an estimated financial aid package which will help you to have a sense of what it will cost to attend Grove City College for the year. The Calculator is available HERE.
Grove City College has a number of merit-based scholarships that are awarded each year to outstanding, academically gifted students who are selected to meet the specific criteria of each program.
Trustee Academic Scholarships/Trustee Academic Fellows
In keeping with our mission, Grove City College is committed to cultivating both intellectual and spiritual virtues and practices in our students. Some of our best incoming students have historically been awarded the Trustee Academic Scholarship, which is our most generous merit-based award for up to 24 students. Trustee Academic Fellows, a smaller subset within this group of students, have the opportunity to receive an additional award.
As a cohort, Trustee Academic Scholars will enjoy a foundational opportunity to begin significant scholarly conversations and research with some of our best faculty, especially in the humanities core, as well as enjoying special cultural activities in Pittsburgh and western PA. Trustee Academic Fellows will also be involved in a mentoring program, drawing encouragement and wisdom not only from faculty in their chosen major field but also from across campus.
Amount: A $5,000 scholarship will be awarded to each Trustee Academic Scholar based on available funds. Alternates will also be selected, in the event that a scholarship recipient would choose not to attend. Trustee Academic Fellows may receive a supplemental award. Recipients and alternates will be notified in February. Trustee Academic Scholars are permitted to receive additional need-based financial aid not exceeding the cost of education.
Who is Eligible: First-time freshman applicants. Scholarships will be awarded based on the student’s potential to enhance the campus’ spiritual, social and academic community. Students should have strong SAT/ACT scores, well developed leadership skills, a love for Christian/community service, cultural maturity, initiative and an entrepreneurial spirit. Scholarship recipients must enroll at Grove City College through the Early Decision application process to be considered for these scholarships.
How to Apply: Complete and submit the Application for Admissions, including all necessary documents, by the Early Decision Deadline of Nov. 1. Eligible students will be contacted to participate in an on-campus interview process.
Incoming freshmen who are ranked first (minimum class of 30) or second (minimum class of 100) as determined by your final accredited high school transcript automatically qualify for this one-year scholarship in the amount of $1,000. No application is required.
National Merit Scholarship
Incoming freshmen who are National Merit Scholarship finalists automatically qualify for this one-year scholarship in the amount of $2,000. No application is required.
Freshmen engineering applicants who are U.S. citizens or permanent residents are considered for up to four $2500 scholarships. Students must show academic promise and outstanding leadership qualities. Three of the four scholarships require the student to demonstrate financial need. Submit an Engineering Scholarship Reference Form to the Financial Aid Office by March 15. To be considered for the need based Engineering Scholarships, the Grove City College Financial Aid Application must also be submitted by March 15, one month before the normal deadline. Notification of finalists and semi-finalists will be mailed on April 1. The scholarship is renewable for an additional three years by maintaining a CGPA of 3.00 or higher.
Superior upperclass students may be eligible for various departmental awards that have been established through the generosity of donors, according to criteria established by the donors. Please contact your academic department for information on the availability of any achievement awards.
All returning students with a minimum cumulative GPA (CGPA) of at least 3.40 qualify for this award. Eligibility is reviewed each year. Award amounts vary based on academic performance and availability of funds. No application is required.