Financial aid

Financial aid at Olivet University begins with the commitment of the affiliated ministries to quality education. Gifts from the affiliated ministries and faithful individuals provide major funding for financial assistance. The University Financial Aid serves as a tool to meet the enrollment goals of the University and attract students who would contribute to His Kingdom and the diverse student population. The goal of financial aid is to remove financial barriers in order to maintain access for qualified students.

If a student has received federal or state student financial aid funds, the student is entitled to a refund of the money not paid from federal student financial aid program funds. The University does not offer Federal or State Financial Aid Programs including Title IV at this time. However, various assistance programs are offered by the University and its affiliated ministries. All aid granted is based on the availability of funds.

Application Process and Forms

Instructions and eligibility information for financial aid can be found in the academic catalog and on the website. Updated financial aid information and application forms are made available at least 60 days before the deadline. The application process is outlined below.

• Scholarship announcement: The Student Finance Office announces the submission of scholarship applications 21-30 days prior to the application deadline for current students. And send announcements to new applicants while they are applying to a program.
• Scholarship application: Interested students complete and submit the scholarship application form along with all required documents by the stated deadline. The scholarship application forms are available here.
• Application review: The student finance office reviews each scholarship application to ensure that all eligibility requirements are met and all necessary documents are included.
• Selection process: The Scholarship Committee, consisting of the Chief Financial Officer, College Deans, and Directors, reviews eligible applications and selects recipients based on predetermined criteria, such as academic achievement, financial need, and community involvement.
• Scholarship notification:
  • Award disbursement and notification: The student finance office disburses scholarships to awarded students and notifies the scholarship recipients via email.
  • Send notifications to scholarship-rejected students by email at least 21 days prior to the payment deadline.