Tuition Remission Awarding Scenarios 2014-15

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Examples

Example #1
Benefit status: Dependent eligible for 100% tuition remission.
Need status: Not eligible for any federal or state aid.
Merit status: Cedarville Provost's Scholar Award of $9,000.
      Tuition $26,220
  Financial Aid
    Cedarville Provost's Scholar Award $9,000  
    Tuition Remission $17,220  
    Total Financial Aid $26,220  
      Net Tuition Cost $0

Example #2
Benefit status: Dependent eligible for 100% tuition remission.
Need status: Eligible for federal and institutional need-based grants.
Merit status: Cedarville Dean's Scholar Award of $7,000.
      Tuition $26,220
  Financial Aid
    Federal PELL Grant $3,180  
    Cedarville Dean's Scholar Award $7,000  
    Cedarville Access Grant $2,000  
    Tuition Remission $14,040  
    Total Financial Aid $26,220  
      Net Tuition Cost $0

Example #3
Benefit status: Dependent eligible for 50% tuition remission.
Need status: Eligible for federal and institutional need-based aid.
Merit status: Cedarville Faculty Scholar Award of $4,000.
      Tuition $26,220
  Financial Aid
    Federal PELL Grant $2,380  
    Cedarville Faculty Scholar Award $4,000  
    Cedarville Access Grant $2,000  
    Tuition Remission $4,730  
    Total Financial Aid $13,110  
      Net Tuition Cost $13,110

Example #4
Benefit status: Dependent eligible for 100% tuition remission.
Need status: Not eligible for need-based grants.
Merit status: Cedarville President's Scholar Award of $12,000.
Other Aid: Church provided a $500 scholarship.
      Tuition $26,220
  Financial Aid
    Cedarville President's Scholar Award $12,000  
    Tuition Remission $14,220  
    *Church Funded Scholarship $500  
    *Church Matching Grant $500  
    Total Financial Aid $27,220  
      Net Tuition Cost -$1,000
*Since church matching scholarships and grants are applied after tuition remission, this student's total aid exceeds tuition by $1,000. This additional aid may be applied to room and board.

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