| Avila
University Awards
Avila University seeks to make our quality educational
programs affordable for all students by packaging institutional
aid resources with federal, state and private awards for which students
qualify. Avila financial aid awards are renewable provided that
a student is enrolled full-time, is making satisfactory academic
progress, meets award specific renewal criteria and/or continues
to demonstrate financial need.
The value
of an academic merit scholarship is determined at the time of
a student's admission to the University. Students may qualify
for only one of the following academic merit schoarships, but
may also be awarded aid from other programs (outlined below) to
assist with financing an Avila education.
Avila
University Scholarship
- Provides $13,500 annually for four years (includes $1,000 Residence
Hall Grant).
- Full-time first-year students scoring 28 or higher on the ACT,
or a 1260 or higher on the SAT, and holding at least a 3.0 GPA
will be considered.
- Students are required to live on campus and participate in Avila
community service.
- Renewal requires a 3.0 GPA and continuous, full-time enrollment.
- Actual award requires official campus visit and scholarship
interview.
Avila Achievement
Scholarship
- Provides up to $8,500 annually for four years.
- Full-time first-year students may be considered based on high
school GPA and standardized test score (try calculator at www.avila.edu/financialaid/determine.asp).
- Renewal requires a 2.5 GPA and continuous, full-time enrollment.
- Actual award requires an official campus visit.
Avila Transfer
Achievement Award
- Provides up to $5,500 annually.
- Renewal requires a 2.5 GPA and continuous, full-time enrollment.
- Actual award requires official campus visit.
Avila Grant *
- Amount varies.
- May be awarded to students who demonstrate financial need by
filing the FAFSA.
Heritage Grant
*
- Provides up to $1,000 annually for four years.
- Available to dependents or siblings of Avila alumni or family
members of Avila students.
Phi Theta Kappa
Transfer Award
- Provides $500 annually.
- Available to students who have attained membership in Phi Theta
Kappa at their transfer college.
Performance
Grant
- Awarded to full-time students.
- Based on students demonstrating talent or interest in the areas
of advertising, art, athletics, campus ministry, mock trial, music,
newspaper, theatre or video production.
- Requires direct contact with Performance Grant sponsor or coach.
- Requires annual participation while enrolled.
Residence Hall
Grant
- Provides $1,000 annually for four years.
- Student must be living in Avila student housing to receive the
grant.
Service to the
Faith Grant *
- Provides up to $2,500 annually for four years.
- Any full-time, first year student who is the dependent of a
lay employee or a nephew/niece of a religious who is engaged full-time
in a Catholic ministry will be considered.
Avila Work Program
*
- Provides on-campus, part-time employment opportunities to students
who do not qualify for the Federal Work-Study Program.
*
Maximum award depends on timely filing of the FAFSA and demonstration
of financial need.
For information
regarding Federal or State funded financial aid options, please
highlight the "Scholarships grants and loans" link above
and select the appropriate item from the drop-down menu.
Guaranteed Tuition
Plan
This offers a way for full-time undergraduate students to guarantee
or "lock in " their tuition at the same amount for up
to an additional four years. Please refer to the "Tuition"
webpage for additional information.
Avila Payment Plan
This is administered by the Avila University Business Office. Information
regarding this program is mailed with each student's statement of
charges. Please refer to the "Tuition" webpage for
additional information.
Alternative Loans
Alternative loans are funds from private lenders to help cover educational
costs. A student may want to consider an alternative loan
when financial aid is not enough to cover the student’s cost
of attendance.
- How
do I qualify for an alternative loan? Each lender
has specific criteria you must meet to qualify for a loan.
Most lenders will review your credit history. Your interest
rate will depend on your credit history and you may be required
to have a cosigner.
- How
much can I apply for in an alternative loan? Each
student has a budget based on cost of attendance. Your estimated
cost of attendance is an estimate of what it will cost you to
attend Avila University for the academic year. The estimated
cost of attendance is based on the following: tuition and
fees, room and board, books, transportation and miscellaneous
expenses. Your financial aid package (including alternative
loans) cannot exceed your estimated cost of attendance.
To inquire about a specific dollar amount to apply for, please
contact the Office of Financial Aid.
- How
do I know which alternative loan is right for me?
There are many things to take into consideration when choosing
a lender for alternative loans. Here are some examples of
questions you may want to ask when deciding on a lender:
What is the loan origination processing fee?
What is the interest rate?
When does the loan go into repayment?
If you have any additional
questions regarding alternative loans, please contact the Office
of Financial Aid.
When you are accepted to Avila University through the Office of
Admission, you will be notified of the amount of Academic Merit
Award you are eligible to receive. You should complete the FREE
Application for Federal Student Aid (FAFSA) between January 1 and
March 1. You may file online at www.fafsa.ed.gov
(Avila's school code is 002449). You will then
receive a comprehensive Financial Aid Award letter listing the types
and amounts of all financial assistance available to you. This includes
Avila, state, and federal financial assistance. If you have
any questions regarding this awarding process, please contact the
Office of Financial Aid or your Admission Representative.
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