Need-based Aid & Other Grants
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
| Grant | 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 |
Other
Legacy Scholarship
$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).
Refund Policy
Read up on our financial aid refund policies.