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National Application Center :: campus tours :: Grace College costs & financial aid

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Grace College

Grace College
200 Seminary Drive
Winona Lake, IN 46590-1294

Official telephone: (574) 372-5100
Fax number: (574) 372-5139
Website: https://www.grace.edu/
Screen last updated on: February 2024

The financial aid information below is valid for the 2023 academic year.
FINANCIAL AID OFFICE
Financial aid homepage: https://www.grace.edu/
admissions/undergraduate/
financial-aid-scholarships/
affordability-calculator/

EXPENSES
Undergraduate tuition: $24,144; $24,144 out-of-state
Book fees: $1,000
Combined room and board expenses: $9,976

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAN/AnoN/A
Applied for financial aid:
100% of first-year students
93% of full-time undergraduates
Determined to have financial need:
91% of first-year students
94% of full-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
Students receiving financial aid who received need-based self-help aid:
52% of first-year students
51% of full-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
98% of first-year students
87% of full-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$19,833 for first-year students
$18,057 for full-time undergraduates
Average need-based gift award:
$13,888 for first-year students
$8,795 for full-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,116 for first-year students
$3,885 for full-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,116 for first-year students
$3,885 for full-time undergraduates
School participates in Federal Work-Study Program: yes

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • FFEL Subsidized Stafford Loans
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • state scholarships/grants
  • athletic scholarships

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