![](https://static.isu.pub/fe/default-story-images/news.jpg?width=720&quality=85%2C50)
2 minute read
Financial Aid Programs
Virginia Wesleyan also offers academic scholarships, without regard to need, to entering freshmen and transfer students with outstanding academic records. All VWU Scholarships and Grants are applied to tuition charges only. VWU reserves the right to recalculate scholarships and grants due to major changes to our tuition structure.
Federal Pell Grant
Federal Supplemental Educational Opportunity Grant (FSEOG)
Federal Work-Study (FWS)
Federal Direct Stafford Student Loan Programs
Amount: $500 - $7,500 ($2,000 must be unsubsidized) Eligibility: Demonstrated need
Virginia Tuition Assistance Grant (VTAG)
Application: VTAG application (Due July 31 from Virginia Wesleyan) Amount: $4,000 (Amount subject to change) Eligibility: N/A; Must be a Virginia resident
VWU Merit Scholarships Batten Fellowship
Shumadine Scholars
VWU Scholarship
VWU Award
Transfer Scholarships
Sons/Daughters and Spouses of Clergy
Application: VWU Admission Application and notification to the Financial Aid Office Amount: Up to half-tuition grant for eight semesters (including any scholarships and need based grants offered)
Satisfactory Academic Progress
The Financial Aid Office will routinely check grades after the fall, spring, and summer semesters. Specifically, the office is looking at a student’s cumulative GPA, progress towards their degree, and whether that student is still on track to graduate within four years. Each student is required to maintain a minimum passing rate of 70% in their attempted classes.
GPA expectations are as follows:
- 23 or fewer credits completed, a minimum cumulative GPA of 1.8 - 24 - 53 credits completed, a minimum cumulative GPA of 1.9 - 54+ credits completed, a minimum cumulative GPA of 2.0 - Master’s Program, a minimum cumulative GPA of 3.0 Failure to meet the University’s minimum passing rate could result in a loss of federal student aid or eligibility. Students working towards a Bachelor’s Degree can earn up to 192 credits towards their first degree before they are no longer eligible for Federal Aid. Students receiving Virginia Aid and/or Virginia Wesleyan Scholarships/Grants are no longer eligible for aid after four years.
Please refer to the Financial Aid Self-Service site on Virginia Wesleyan University’s website to review the complete policy in reference to Financial Aid and eligibility requirement. Students who have lost financial aid are also encouraged to read about the University’s appeal process.
Any student that has satisfied all requirements for their first Bachelor’s Degree at VWU, even if they have not been awarded their diploma, is not eligible for any additional Federal, State or VWU Financial Aid to finish a 2nd Bachelor’s Degree or a Minor.