Understanding Your Financial Aid & Tuition

Federal Pell Grant

• Federally funded student gift aid that does not need to be repaid.
• Offered to undergraduate students who have high financial need who are working on their first bachelor’s degree.
• Offered based on expected family contribution and number of credits the student has scheduled.
• May be awarded to students who are less than half-time (six credits).
• The maximum fall-spring-summer award (for the 2022-23 academic year) is $6,895. The maximum per semester is $3,248.
• Students who complete the FAFSA are automatically considered for the grant.
• Students must meet federal student aid eligibility requirements.

Federal Supplemental Educational Opportunity Grant (SEOG)

• Federally funded gift aid awarded by LBC to undergraduate students with exceptional financial need who are working on their first bachelor’s degree.
• Must be enrolled at least half-time (six credits).
• Maximum amount is $1,000 per year.
• Students who complete the FAFSA are automatically considered for the grant.
• Students must meet federal student aid eligibility requirements.

Pennsylvania State Grant

• State-funded gift aid awarded by the Pennsylvania Higher Education Assistance Agency (PHEAA) to undergraduate Pennsylvania residents who demonstrate high financial need.
• Offered based on financial need and enrollment status: full-time (12 or more credits) or half-time (six credits) for a maximum of eight semesters to students enrolled in a four-year major, and a maximum of four semesters to students enrolled in a two-year major.
• Maximum full-time amount beginning with the 2022-23 academic year is $5,750 per year. Maximum half-time amount is $2,500 per year.
• Students who submit their FAFSA information to PHEAA by May 1 are automatically considered for the grant.
• Students must meet federal student aid eligibility requirements.

Note: If you choose to apply for a Summer Pennsylvania State Grant, it will be counted towards your maximum semesters of eligibility.

Connecticut

Capitol Scholarship Program
Department of Higher Education
61 Woodland Street
Hartford, CT 06105-2326
860.947.1855

Delaware

Delaware Higher Education Commission
Carvel State Office Building
820 North French Street
Wilmington, DE 19801-3509
302.577.3240

Maryland

Maryland Higher Education Commission
6 North Liberty Street
Baltimore, MD 21201
800.974.0203

Massachusetts

Massachusetts Office of Student Financial Assistance
454 Broadway
Suite 200
Revere, MA 02151
617.727.9420

Ohio

Ohio Board of Regents
Ohio Instructional Grant (OIG)
State Grants and Scholarships Department
P.O. Box 182452
Columbus, OH 43215-2452
614.466.7420 or 888.833.1133

Rhode Island

Rhode Island Higher Education Assistance Authority
560 Jefferson Boulevard, Suite 100
Warwick, RI 02886
401.736.1170

Vermont

Vermont Student Assistance Corporation
Champlain Mill/Grant Department
P.O. Box 2000
Winooski, VT 05404-2601
802.655.9602

West Virginia

West Virginia Higher Education
1018 Kanawha Boulevard, East Suite 700
Charleston, WV 25301-2827
304.558.4618

Scholarships are for full-time students except where noted.

AWANA Scholarship

Awarded to new freshmen who have earned specific awards in AWANA clubs. Timothy Award is $750; Meritorious Award is $1,000; Citation Award is $1,500. Verification is required from the student’s AWANA Commander. Renewable with 2.3 minimum GPA, and the student must be in good standing with the college.

Bible Institute Scholarship

A $3,500* annual awarded to students transferring directly from one of these institutes:

• Word of Life Bible Institute ($7,000)
• Berkshire Institute for Christian Studies ($7,000)
• Atlas Travel & Study Abroad ($7,000)
• Montana Wilderness School of the Bible ($5,000)
• Evangelistic/Encounter Revival Ministries
• Ethnos360 Institute
• New Brunswick Bible Institute
• 412 Commission
• True North Internship
• Great Commission Bible Institute of Florida
• Summit International School of Ministry
• Ravencrest Bible School
• Torchbearers Bible School
• Elim Bible Institute

Students must complete at least one year at one of those schools. The admissions application file will be used for scholarship application. Students must have at least a 2.0 transferring in to receive this scholarship. Renewable with a 2.3 minimum GPA, and the student must be in good standing with the college.

*unless otherwise noted

Charger Grant

Need-based scholarship from LBC of up to $4,800/annually based on the FAFSA calculated Estimated Family Contribution (EFC). Renewable with a 2.3 GPA.

Child of Alumni Scholarship

Awarded to dependent students (under 24) of LBC alumni. $2,500 annual award. Alumnus’ standing must be verified through the LBC Alumni Office and/or CampusVue. Renewable with 2.3 minimum GPA, and the student must be in good standing with the college.

Child of Full-time Christian Worker Scholarship

Awarded to dependent students (under 24), whose parent is in full-time Christian ministry with a non-profit Christian organization. Verification of the ministry is required. In addition, students are encouraged to file a FAFSA prior to May 1. Awards range from $1,000 to $5,000 annually, based on individual FAFSA results. Renewable with minimum 2.3 GPA, and the student must in good standing with the college. Students must complete this form.

Christian School Scholarship

A $2,000 tuition scholarship is awarded to an entering student who has graduated from a private Christian School. This scholarship is renewable by maintaining a 2.3 Cumulative GPA and being in good standing. Students receiving the Premier School Scholarship are not eligible for this scholarship. The Admissions acceptance file will be used for application by entering students.

Church Matching Scholarship

LBC will match up to $500 for both the fall and spring semesters. Students must complete the Church Matching Scholarship Application . Funds from the church must be submitted by August 5 (for fall) and December 15 (for spring) in order to be matched. Students must have minimum 2.0 GPA and must be in good standing with the college.

Financial Need Scholarship

This scholarship is for students with financial need. A FAFSA is required. A factor formula has been established by the Scholarship Committee to award these funds.

International Student Scholarship

A $3,000 annual tuition award is available to international students who have been accepted to LBC and demonstrate financial need as determined by the International Student Financial Aid Application. Scholarship is renewable with a 2.3 cumulative GPA, and the student must be in good standing with the college.

Leadership Scholarship

A $1,500 tuition scholarship awarded to entering students who demonstrate good academic potential and give evidence of leadership.  Students must participate in the LeadNow Leadership Development Program.  Renewable with a 3.0 Cum GPA as well as exhibiting leadership within one area of service on the LBC campus as determined by Student Affairs.

Mission Agency Partnership Scholarship

Awarded to a dependent student of a full-time missionary serving with ABWE, Christar, Crossworld, OMF, Pioneers, SEND, TEAM, World Team, or Wycliffe Bible Translators USA on a foreign field. $7,000 annual award. Renewable with a 2.3 minimum GPA and good standing with the college. Students receiving this scholarship are not eligible to receive the child of Full-time Christian Worker Scholarship.

Music, Worship & Performing Arts Scholarship

This scholarship is awarded to first-time freshman students enrolled in a Music, Worship & Performing Arts major who have demonstrated ability and potential in the music field. Students must audition for this scholarship. Scholarship amounts vary and are renewable based on a 2.75 cumulative GPA and recommendation by the Chair of the Music, Worship & Performing Arts Department.

OneLife Scholarship

Awarded to students who transfer directly from OneLife Institute.  Students must have at least a 2.0 transferring in to receive this scholarship. $12,000 annual award is non-stackable.  Renewable with a 2.3 minimum GPA, and the student must be in good standing with the college.

Premier School Partnership Scholarship

Awarded to entering students who have graduated from a Christian school with which the LBC Admissions Department has a partnership. $1,800 annual award to a commuter student; $3,600 annual award to a dorm student. Renewable with a 2.3 GPA

Project Bridges Scholarship

Students whose church is a member of Project Bridges are guaranteed to receive LBC scholarships that covers a percentage of their annual tuition. Complete the required application . Deadline is August 1.

Sibling Scholarship

Awarded to dependent students (under 24) when two or more siblings from the same household attend LBC full-time in the traditional undergraduate program. $1,200 annual award. Renewable with a 2.3 minimum GPA, and the students must be in good standing with the college. (This does not apply to married students).

Summit Ministries Scholarship

A $1,000 annual tuition award is given to any prospective student that has applied to LBC and has attended a 12-day summer Summit Student Conference.

Dean’s Scholarship (Students receiving an Academic Scholarship are not eligible.)

A $3,000 annual tuition scholarship is awarded to a continuing student who earns a cumulative GPA between 3.50 and 3.74, or a $4,000 annual tuition scholarship for a GPA of 3.75 and above. Students must be full-time both during the year of academic achievement and the upcoming fall semester. The only exception will be seniors who need only between 6 and 11 credits to graduate. In this case the award will be prorated.

Endowment Scholarships

Criteria and amounts vary for each scholarship. Application is required by published deadline date. View the list.

Pennsylvania Fostering Independence Tuition Wavier (FosterEd) Program:

Lancaster Bible College is a participant in the PA Fostering Independence Tuition Waiver (FosterEd) Program. Please contact the LBC Point of Contact:  Rosie Lammey at financialaid@lbc.edu for additional information.

Veterans

• Apply to the Department of Veterans Affairs for your Certificate of Eligibility (COE). Apply online today. gibill.va.gov
• While awaiting your COE, apply to LBC for admission. Please note: It could take up to eight (8) weeks for your COE to be approved by the VA. LBC does not have any involvement in this process.
• Complete the LBC Application & Enrollment Checklist for VA benefits.

For more details about military benefits, click here.

Vocational Rehabilitation

For physically or mentally challenged students. Apply at your local vocational rehabilitation office. Pennsylvania residents OVR phone: 800.762.6306

www.fastweb.com is a free scholarship search engine that matches as student’s personal data to eligible scholarships by scanning a pool of thousands of scholarships nationwide. Your high school guidance counselor is also a wonderful source of information regarding scholarships you may qualify for.

LBC has many campus jobs available, funded through the Federal Work Study program. It’s a great way to earn money during the course of the semester to help offset text book costs and living expenses.

Federal Work-Study is a student financial aid program for eligible undergraduate students with high financial need.

• All students who answer “yes” to the question: “Are you interested in work-study?” on the Free Application for Federal Student Aid (FAFSA) on the web are considered for work-study for fall and spring semesters. (Federal Work-Study is a need-based aid program, so not all students who answer “yes” on the FAFSA receive a work-study award.)
• Work-Study allows you to earn money to cover a portion of your educational expenses by working on campus.
• Work-Study will not be credited towards your tuition bill. Work-Study recipients are paid every two weeks and earn at least minimum wage.
• If you are offered federal Work-Study, it is your responsibility to find a work-study position.

As with all aid programs, work-study recipients must maintain federal student aid eligibility requirements.

Before we can identify potential funding sources for you, you have to meet these requirements.

• Must complete the Free Application for Federal Student Aid (FAFSA) each year (instructions on how to apply can be found in the next section). Make sure you file the FAFSA by the filing deadline for your state.
• Must comply with LBC’s academic progress standards
• Must not be in default on an educational loan and must not owe a repayment on an adjusted federal grant.
• Must be enrolled in an eligible degree major.
• Must be enrolled at least half-time (six credits for undergraduate, three credits or above for graduate students).
• If male and age 18-25, must be registered for Selective Service.
• Must be a citizen or eligible non-citizen with a valid Social Security number.
• Must have a high school diploma.

In order to maintain financial aid eligibility, a student must meet the requirements of Satisfactory Academic Progress.
Read the Requirements