Financial Aid Terms and Conditions
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These “Financial Aid Terms and Conditions” apply to all programs of study regardless of program completion length (i.e. 3 years, 4 years, etc.).
Freshmen/Transfer academic merit-based scholarships are “locked in” once a student begins their undergraduate study at Cedarville. These scholarships are awarded based on the eligibility criteria and deadlines for each.
- Note: Once enrolled, a student will never be moved up to a higher scholarship level nor moved down to a lower scholarship level for any reason.
A student must be enrolled full-time (at least 12 or more credits for undergraduate students) to receive institutional financial aid. Institutional aid is not prorated for part-time students.
Scholarships are awarded fall and spring terms only (this includes programs with a three-year completion option).
Renewable scholarships – assuming renewal criteria are met – are available for up to eight (8) semesters of attendance in an undergraduate program, or through the completion of the first professional year of the Pharm.D. program (whichever comes first).
- Students enrolled in a Master’s level program are ineligible to receive undergraduate institutional aid.
- Students enrolled in the Pharm.D. program are ineligible to receive undergraduate student aid in their P2 year, even if they accelerated the undergraduate portion of their program and have not received eight semesters of undergraduate aid.
Cedarville University seeks be a careful steward of institutional resources and ensure that scholarship funds are maximized for all students. Therefore, if a student receives total scholarships and grants (institutional or outside) that exceed his/her direct University charges, Cedarville will reduce that student’s institutional gift-based aid so that the total gift-based aid does not exceed the student’s University charges.
Some institutional aid may be partially funded by generous donors to the University. Students will be notified if a donor contributed to any portion of their awards, and an appropriate expression of appreciation will be required.
Academic Scholarships Awarding Deadlines:
Freshmen Scholarships – For those beginning their undergraduate study as a Freshman:
- Academic scholarships for students starting in the Fall semester are awarded based on GPA and test scores received in the Admissions Office by April 30.
- Academic scholarships for students starting in the Spring semester are awarded based on GPA and test scores received in the Admissions Office by October 15.
Transfer Scholarships – For those beginning their undergraduate study as a Transfer:
- Academic scholarships for students starting in the Fall semester are awarded based on GPA and test scores received in the Admissions Office by July 31.
- Academic scholarships for students starting in the Spring semester are awarded based on GPA and test scores received in the Admissions Office by January 15.