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The Office of Financial Aid will consider the total cost of attendance when making a financial aid commitment.
Students applying for financial aid are considered for all programs for which they are eligible. In addition to its own scholarship funds, Union College participates in all federal programs including the Pell Grant program.
The amount of financial aid awarded is generally a combination of grant, loan, and employment, and is based on the financial need of the student. Need is determined by subtracting the resources of the student and the contribution of his or her parents from the total student expenses. The parents' contribution is estimated on the basis of the amount of their income and assets as well as a consideration of taxes, medical expenses, and other liabilities of the family. All financialaid awards to students are determined by the Union College Office of Student Financial Aid.
Students must apply for financial aid by submitting the Free Application for Federal Student Aid (FAFSA). Students applying by March 15 will have a greater opportunity; however, financial aid will still be available after this date. The FAFSA is used to apply for the Federal Pell Grant, the Kentucky Tuition Grant, the Federal Supplemental Educational Opportunity Grant (SEOG), Federal Work-Study, Federal Perkins Loan, Federal Stafford Loan, and any institutional funds. The FAFSA may be obtained from a high-school guidance office or the Office of Student Financial Aid.
Union College will send a Financial Aid Notification along with information about any aid offered to each student who applies.
The Financial Aid Office reserves the right to reduce, increase, or otherwise adjust any financial aid for which it is responsible.
Types of Aid
Employment: [Top]
Federal Work-Study Program - If a student still requires financial support to meet college costs after the federal and state grants are awarded, the student may be given the opportunity to earn an amount on an hourly basis in a campus department. This employment program is campus-based support from the federal government. Either undergraduate or graduate students can qualify if the Financial Aid Form results indicate a need.
Work-Grant - If a student cannot qualify for employment on the basis of financial need and the College needs the special skills of the student, the student can work for an amount of tuition waiver.
Co-op Program with Tremco, Inc. - is available to a qualified sophomore, junior, or senior majoring in chemistry.
Grants: [Top]
Federal Pell Grant - A program providing direct grants from the federal government. The student receives an eligibility report (as a result of his or her Financial Aid Form application) which can be submitted to Union College for payment. It is expected that the maximum amount for the Pell Grant for 2001-02 will be $3,300.
Federal Supplemental Educational Opportunity Grant (FSEOG) - A program designed by the federal government to assist undergraduate students with exceptional financial need (with priority given to Pell Grant recipients). The grant is permitted to range up to $4,000 per year depending on need and availability of funds.
Kentucky Tuition Grants combined with the CAP Grant - provides grants to students who are residents of the Commonwealth of Kentucky and who demonstrate a need through the analysis of the Financial Aid Form application. The maximum award for 2001-02 will be $2,800.
United Methodist Higher Education Foundation - offers many scholarship opportunities for United Methodist students and helps those seeking financial aid to become more aware of funding that is available to them. Visit http://www.umhef.org for details.
Loans: [Top]
Federal Perkins Loan - Federal loan funds are made available to students who have financial need and who maintain satisfactory progress towards graduation. Repayment at a 5% interest rate begins nine months after graduation or withdrawal from school.
Federal Stafford Loan - This loan program exists in Kentucky and other states as a way to burrow from private commercial lenders to finance college education on the undergraduate and graduate levels. Repayment at a variable interest rate not to exceed 8.25% interest begins six months after graduation or withdrawal from school. Eligibility depends upon at least halftime enrollment status, making satisfactory academic progress, and a reporting of family income by filing the FAFSA.
United Methodist Student Loan Fund - Students who are members of the United Methodist Church and maintain a C average may apply through Union College for a loan at 6% interest from the Board of Education of the United Methodist Church.
Charles M. and Mary D. Grant Loan Fund - Provided through the generosity of the Charles M. and Mary D. Grant Foundation of New York City, New York.
Hensley Emergency Loan Fund - Established by Mr. and Mrs. Burton F. Hensley of St. Cloud, Florida.
The Russell and Alice M. Hicks Student Loan Fund - The late Russell and Alice Hicks of New Albany, Indiana, have established an endowed student loan fund at Union College through an estate gift.
Mattie Hyams Loan Fund - Established through the estate of Mattie Hyams. This endowed fund provides interest free student loans for young men or women studying for the ministry.
The Rev. and Mrs. Erwin King Loan Fund -The Reverend and Mrs. Erwin King have established a loan fund at Union College.
The Charles Henry and Glennora Rominger Krieger Student Loan Fund - This loan fund was established by the late Glennora R. Krieger of Ft. Thomas, Kentucky.
Charles E. Schell Foundation Student Loan Fund - Established in 1993 by The Charles E. Schell Foundation. Recipients of these interest free student loans are selected by Union College based on a prescribed criteria established by the Foundation.
The Bryan W. Whitfield-Kentucky Jellico Coal Company Memorial Fund - This endowed student loan fund was established by Bryan W. Whitfield, Jr., of Harlan, Kentucky, in memory of his father, Bryan W. Whitfield, founder of the Kentucky Jellico Coal Company.
Guy H. Williams Loan Fund - Dr. Guy H. Williams of Cleveland, Ohio, has established a loan fund in memory of his wife, Anna Williams.
The Beverly P. and Mossie B. Wilson Loan Fund - This loan fund has been established by Dr. and Mrs. 0. J. Wilson of Louisville, Kentucky, in memory of Dr. Wilsons mother and father.
Other Loan Funds - Student loans are available from a number of funds not specifically designated for Union College students, but for which Union College students are eligible. Specific information may be obtained from the Office of Financial Aid.
Scholarships: [Top]
Academic Scholarship - Based on ACT/SAT and GPA.
- Award Amounts: range based on academic standing.
- Application Procedures: FAFSA is required.
Athletic Scholarship - Based on athletic ability and roster needs.
- Award Amounts: range based on skill, athletic ability and admission to the institution.
- Application Procedures: FAFSA is required.
Bonner Scholar Scholarship Program - A limited number of Bonners are selected each year based upon their scholarship, leadership, and service activities. Applicants must be admitted to Union College as a full-time student.
Bonner qualifications include:
- Financial need as determined by FAFSA.
- Top 40% of high school class.
- Evidence of commitment to and leadership within community, family, and/or church.
- Award Amounts: Up to full tuition.
- Application Procedures: Bonner Scholar Application and FAFSA are required.
Common Partners Scholarship - The Common Partners Scholarship allows students committed to the idea of service learning an opportunity to grow as a leader.
- Award Amounts: based on need and proven commitment to community service leadership.
- Application Procedures: Bonner Scholar application and FAFSA are required.
Discipleship Team Scholarship
- Award Amounts: range based on Christian leadership.
- Application Procedures: FAFSA is required.
Governor’s Scholar Scholarship - Graduates of the Governor Scholar Program can apply for this full tuition scholarship. Candidates must earn a 24 or better ACT or SAT equivalent and have a 3.0 or better GPA.
- Award Amounts: Up to full tuition.
- Application Procedures: FAFSA is required.
London Center Scholarship - KCTCS graduates who earn an Associate of Arts or Associate of Science with a minimum GPA of 3.0 who enroll full-time at the London Center.
- Award Amounts: Annual scholarship up to $5,000.
- Application Procedures: FAFSA is required.
Over 50 Grant - This grant provides up to half of undergraduate tuition. The student must reach his or her 50th birthday before the beginning of the term for which the grant would apply.
Pep Band Scholarship
- Award Amounts: Range based on musical ability.
- Application Procedures: FAFSA is required.
Roger’s Scholar Scholarship - To further display Union’s commitment to the core value of service we make this award available. Graduates of the Rogers Scholars Program can apply for this full tuition scholarship. Candidates must earn a 24 or better ACT or SAT equivalent and have a 3.0 or better GPA. Students earning less than a 24 ACT may qualify for ½ tuition.
- Award Amounts: Up to full tuition.
- Application Procedures: FAFSA is required.
Sara W. and Bert T. Combs Honors Scholarship - The Sara W. and Bert T. Combs Honors Scholarship honors devotion to Kentucky, love of education, and civic leadership exhibited by the lives of Sara Combs and the late Governor Bert T. Combs. Eligibility is based on a combination of factors, which may include ACT or SAT score, high school GPA, and class rank. Because Union’s honors program stresses the importance of community, extra curricular activities and community involvement are also considered.
- Award Amounts: Up to full tuition.
- Applications for the Honors Program are made available through the Honors Community Director, Dr. Jimmy Smith. You can contact Dr. Smith directly for information at 606.546.1247 or jdsmith@unionky.edu.
Transfer Scholarship - Based on ACT/SAT and GPA.
- Award Amounts: Range based on academic standing.
- Application Procedures: FAFSA is required.
Union Alumni Incentive Grant - Available to dependent children of Union College graduates who received a baccalaureate degree.
- Award Amounts: 10 percent tuition.
- Application Procedures: Alumni Incentive Grant applications are available from Financial Aid or Admission Office. A complete FAFSA is required.
Union Commonwealth Leadership Grant - The Union Grant is available to Kentucky residents. Eligibility for this program includes:
- First time, full time freshman.
- A minimum GPA of 3.0.
- A composite ACT of 17 or greater.
- Demonstrated financial need as proven by the FASFA form indicating an estimated family contribution of $1000 or less.
- Award Amounts: Up to full tuition.
- Application Procedures: File your FAFSA form by March 15 and send your complete application to Union by April 1. Applications will be taken after this date, but grants will be awarded based on availability.
Union Legacy Grant - To be eligible for the Union Legacy Grant two or more siblings must be concurrently enrolled as full-time undergraduate students at Union College. The siblings must be dependent, reside in the same household and must make satisfactory academic progress.
- Award Amounts: 10 percent tuition.
- Application Procedures: Legacy grant applications are available in the Financial Aid or Admission Office. A complete FAFSA is required.
Vocal Music Scholarship
- Award Amounts: Range based on musical ability.
- Application Procedures: FAFSA is required.
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