Meredith College Financial Aid Brochure

Page 1

INVEST IN A

STRONG FUTURE.

YOURS. A GUIDE TO FINANCIAL AID


A strong education is not optional. Over your lifetime you’ll make many decisions about how to spend your hard-earned money. The car you drive. Travel opportunities. Your first home. But the choice you’re getting ready to make is one that will impact all of these decisions – and more. Because where you choose to attend college has both immediate and lasting implications. At Meredith, we know how important this investment is to your future. We also know the cost of college is a significant factor in making that choice. That’s why we offer a range of financial assistance options. Scholarships – both need-based and merit. Grants. Loans. All designed to make a Meredith education affordable for you and your family. Take the next step toward a strong education – and an even stronger future. Contact our Office of Financial Assistance today.


ZEENAT RAZVI, ’13 MEREDITH LEGACY SCHOLAR

PRESENTED RESEARCH

AT NATIONAL

CHEMISTRY CONFERENCE.

DESIGNED

SCIENCE IN ART COURSE WORK (WHILE STUDYING IN ITALY).

PH.D. CANDIDATE

AT DUKE UNIVERSITY. LATEST ACHIEVEMENT:

NSF RESEARCH

FELLOW.


A strong student gets her facts straight. College is among the most significant investments you’ll make in your lifetime. That’s why it’s important to get all of the information when you’re doing your search. Because the truth is, there are a lot of myths out there about the cost of college. Here are some facts to consider as you think about where to apply: Myth: Private colleges are a lot more expen-

public institutions. 98.5% of Meredith alumnae

sive than public schools.

are employed or attending graduate school

Fact: Private colleges often have more financial

within a few short months of graduation.

resources available than public institutions. In 2013-14, Meredith students received over

Myth: Only wealthy families can afford private

$46 million in financial assistance. Meredith

colleges.

funded $19 million in scholarships and grants

Fact: Students from all income levels attend

during that same period. And over 95% of our

Meredith. Approximately 95% of Meredith

students receive some type of financial aid.

students receive financial assistance ranging from institutionally funded grants, academic

Myth: As long as I get my degree, it doesn’t

merit scholarships, and talent scholarships to

really matter where I go.

federally-funded grants and loans. Middle-in-

Fact: Students who graduate from private

come families often qualify for need-based

colleges are more likely to do so within four

grants and scholarships as a result of submit-

years – and more women’s college students

ting the FAFSA. And Meredith’s tuition cost

graduate in four years or less than at co-ed

is $3,000 below the national average cost of

institutions. They’re also more likely to find jobs

4-year private schools, making it affordable for

closer to graduation than their counterparts at

all income levels.


Financial Assistance at Meredith College Academic Scholarships Meredith Legacy Scholarship – awarded to a limited number of high-achieving entering firstyear students. Students awarded Meredith’s most prestigious scholarship receive full tuition, room and board, books and supplies, interna-

scholarship awards range from $15,000 to $20,000 and are renewable for a total of four years. Tuition grants range from $10,000 to $14,000.

Scholars Programs

tional study, and other enrichment opportuni-

Honors Program – for gifted and highly-

ties, with an estimated value of $200,000 over

motivated students. Honors students

four years.

participate in innovative courses, travel opportunities, cultural enrichment programs,

Presidential Scholarship – awarded to

and community-based learning.

entering first-year students with outstanding academic credentials, intellectual promise,

Meredith Teaching Fellows – for students

and leadership ability. Presidential scholars

intending to become teachers. Students have

receive full tuition, with an estimated value of

opportunities to gain classroom experience,

$165,000 over four years.

learn from education professionals through a two-year mentorship program, study abroad,

Academic Merit Scholarships and Tuition

and take honors courses.

Grants – awarded to entering first-year students to recognize academic ability, achieve-

Paschal Scholarships – available to incoming

ment, and leadership potential. Academic

first-year and transfer students who intend


to major in computer science, mathematics,

completing at least 44 hours of transferrable

biology, chemistry, or engineering and demon-

general education requirements from a North

strate both academic potential and financial

Carolina community college with a GPA of

need. Students connect with women mentors

3.0 or higher, a $5,000 annual scholarship is

in STEM fields.

renewable for up to six semesters total.

Talent Scholarships

Other Scholarships

Art Scholarships – for incoming first-year

Thomas Meredith Baptist Heritage

students pursuing a major in art on the basis

Scholarship – for first-year students on the

of artistic talent. May be renewed annually for a

basis of academic excellence, outstanding

total of four years.

church and community service, and leadership ability. Recipients must be members of a North

Interior Design Scholarships – for incoming

Carolina Baptist church and provide a recom-

first-year students pursuing a major in interior

mendation from a church official. Renewable

design. Award is based on scholarship and po-

for a total of four years.

tential for success in the field. May be renewed annually for a total of four years.

Yellow Ribbon Program – for veterans and their eligible dependents, the program matches

Music Scholarships – for incoming first-year

certain grant and scholarship contributions

students pursuing a major in music. Award is

from Meredith. Current maximum Veterans

based on outstanding musical talent, aca-

Affairs (VA) benefit is $20,235. Meredith will

demic ability, recommendations, and potential

provide grants and scholarships up to $5,000

achievement in the field. May be renewed

per student for as many as 50 veterans and

annually for a total of four years.

dependents who quality.

Transfer Scholarships

Grants

Phi Theta Kappa Scholarships – for admitted

Federal Pell Grants – for students with

students inducted into the Phi Theta Kappa

demonstrated financial need. Awards provide

Honor Society who have earned at least 30

up to $5,730 for the 2014–15 year and do not

hours of transferable credit. $5,000 annual

have to be repaid.

scholarships are renewable for up to six semesters total.

North Carolina Need-Based Scholarships – for N.C. residents attending private institutions.

Academic Incentive Scholarships – avail-

Consideration is automatic once applicants

able to those graduating with an Associate of

complete the FAFSA and list Meredith. Award

Arts or Science degree from a North Carolina

ranges from $2,100 to $7,200.

community college with a GPA of 3.0 or higher. $10,000 annual scholarships are renewable for

TEACH Grants – for prospective teachers,

up to four semesters total.

the Teacher Education Assistance for College

For those without an Associate’s degree but

and Higher Education (TEACH) Grant Program


provides up to $4,000 a year in grant aid to

Federal Parent PLUS Loan – Parents of

undergraduate and graduate students. Recip-

dependent undergraduate students may apply

ients agree to teach for at least four complete

for the Federal Parent Loan for Undergraduate

academic years in a high-need field at a school

Students (PLUS Loan) to help pay for educa-

that serves students from low-income families.

tion expenses.

Supplemental Educational Opportunity

On-Campus Employment – Federal Work-

Grant – awarded to students with the highest

Study program provides part-time jobs for

demonstrated financial need. SEOG awards

qualified undergraduate students with financial

typically range from $100 to $4,000 and do

need.

not have to be repaid. Student Community Employment – The Meredith College Grants – for students with

Office of Financial Assistance advertises

demonstrated need. These grants are provided

off-campus, part-time community employment

by the College to supplement federal and state

opportunities for Meredith students. Jobs

aid, are eligible for renewal, and do not have to

posted typically include babysitting, tutoring,

be repaid.

and other similar positions.

Loans Federal Student Loans – The Federal Direct Loan program offers fixed, low-interest rate loans to students. Loans are issued directly from the federal government to the school.


SIERRA MOOREFIELD, ’18 MEREDITH LEGACY SCHOLAR

DEDICATED

STUDENT.

SEEKER OF SCIENTIFIC

DISCOVERIES. FUTURE PEDIATRIC

ONCOLOGIST.

CAME TO MEREDITH

TO DO IT ALL.


What makes us strong. Strong Rankings • Consistently ranked among the top 10

financial, and career plan that builds on those strengths

colleges in the South by U.S. News & World Report • Among the top 20% of colleges in the country by Forbes • One of the “Best Colleges in the Southeast” according to Princeton Review

Strong Experiences • Experiential learning: 94% of our students participate in internships, undergraduate research, study abroad, or some other kind of experiential learning • Study abroad: 31% of our students study abroad (compare that to a 9%

Strong Academics • Student/Faculty ratio: 12/1 • Average class size: 17 students • Faculty: 122 full-time teaching faculty

national average) • Service Learning: 10,000 hours of service donated to the community each year • Internships: Available in all areas of

members. 91% of full-time professors

study. Recent placements include Credit

hold doctoral or terminal degree in their

Suisse, Lenovo, RTI International, SAS,

field.

Michael Kors, and many more.

StrongPointsTM • A comprehensive advising and coaching

Strong Connections • A network of 19,000 successful

initiative found only at Meredith. You’ll

alumnae who will become your mentors,

identify your unique strengths and

professional contacts, and friends.

then develop an academic, experiential,


Next Steps Contact Us

merit awards and tuition grants. Separate

Working with you and your family, our finan-

applications are required for talent scholarships

cial assistance staff will provide a financial aid

in art, interior design, and music; Thomas

package to help meet your needs. To sched-

Meredith Baptist Heritage Scholarship; Meredith

ule an appointment, call (919) 760-8565 or

Teaching Fellows; and Paschal Scholarships.

email us at finaid@meredith.edu.

You must apply to the Honors Program to be considered for Presidential and Legacy Scholar-

Apply for Assistance

ships. Applications are available from the Office

Apply for financial assistance by filling out

of Admissions or meredith.edu/admissions.

the Free Application for Federal Student Aid

Scholarship applications must be submitted by

(FAFSA). You do not need to wait for your

January 15.

admissions decision to start with the needbased financial aid application process.

International, Undocumented and non-US

FAFSA is available beginning January 1 from

Resident students can apply for financial

the U.S. Department of Education’s website

assistance through filing the Meredith’s Ap-

at www.fafsa.gov. Meredith’s priority FAFSA

plication for Institutional Aid for International,

date is February 15. Meredith will receive your

Undocumented and Non-U.S. Residents stu-

information electronically – just submit it with

dents. The form is available at meredith.edu/

our FAFSA Title IV Code of 002945.

financial_assistance/prospective_students/forms. Please complete the form by our Financial

Every student who applies for admission to Meredith is automatically reviewed for academic

Assistant Priority Date of February 15.


2,000 STUDENTS

40 COUNTRIES 19,000 GRADS

123 YEARS Going Strong

Office of Admissions | 3800 Hillsborough Street, Raleigh, NC 27607-5298 (919) 760-8581 or 1-800-MEREDITH | FAX (919) 760-2348 | admissions@meredith.edu

meredith.edu

Meredith College admits qualified women students without regard to race, creed, national or ethnic origin, sexual orientation, age or disability. 14-164


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