Financial Aid

Federal financial aid comes in the forms of grants, work study, and/or loans. Eligibility can depend upon factors such as income, grade level, enrollment status, etc. 

As directed by the U.S. Department of Education, federal funds are allotted to the lowest income families first, but funds are also available for middle and upper-income families.
 

How to Apply for Federal Aid

1. Complete a 2026-2027 Free Application for Federal Student Aid (FAFSA)
   • The 2026-2027 FAFSA applies toward summer 2026, fall 2026, and spring 2027.  Luther Rice’s school code is 03100900.
   
   
   • If you are applying for a federal loan (subsidized/unsubsidized loan), complete a Master Promissory Note (MPN)  if you have not signed one for Luther Rice within the last ten years. You may visit StudentAid.gov to sign an MPN (login using the same FSA ID as your FAFSA).
   
   
   • If you are applying for a federal loan (subsidized/unsubsidized loan), complete loan Entrance Counseling if you do not already have an outstanding federal loan (from attending Luther Rice or any educational institution). You may visit StudentAid.gov to complete Entrance Counseling (login using the same FSA ID as your FAFSA).

 

Useful Link: Federal Student Aid Website (Funding Your Education)

Students may visit MyCampus to access MyFinancial Aid.

Luther Rice undergraduate students are eligible to participate in Georgia’s HOPE Scholarship, Zell Miller Scholarship, Georgia Tuition Equalization Grant, and other Georgia state aid programs.

 

How to Apply for Georgia State Aid

1. Complete a Georgia State Financial Application (GSFAPP) at www.gafutures.org
   • You must Create An Account at the GAfutures site before you complete a GSFAPP


2. Complete a 2026-2027 Free Application for Federal Student Aid (FAFSA) at www.studentaid.gov

The Luther Rice Georgia Scholar Award (GSA) is an academic merit-based scholarship available for eligible undergraduate Georgia residents who are HOPE (click) eligible (3.0 GPA or higher). Luther Rice Georgia Scholar Award scholarships are offered to eligible applicants who have demonstrated outstanding academic success.

Annual scholarships range from $1,500 to $4,000 based on high school GPA, full-time/part-time enrollment status, and availability of funds.

Scholarships are evaluated for academic compliance each term (HOPE Scholarship eligibility and Satisfactory Academic Progress) and renewed automatically if met. If the scholarship is lost due to noncompliance, cancellation will be effective immediately. A student is allowed one appeal.  Luther Rice College & Seminary reserves the right to request and/or assess additional items to determine an applicant’s eligibility.

Luther Rice Georgia Scholar Award scholarships do not apply toward Certificates.

Scholarship awards are subject to the availability of institutional funds.

Please click HERE to see the Financial Aid Calendar for application deadline dates.

 

How to Apply for the Luther Rice Georgia Scholar Award

1. Apply HERE and get accepted to Luther Rice College & Seminary




2. Apply HERE for the Luther Rice Georgia Scholar Award Application




3. Complete the Free Application for Federal Student Aid (FAFSA) HERE (choose applicable academic year)




4. Complete the Georgia State Financial Application (GSFAPP) HERE

 

Notice of Non-Discriminatory Policy

Luther Rice College and Seminary is an Equal Opportunity higher education institution open to any qualified individual without regard to race, religion, sex, age, color, national or ethnic origin, or disability. This non-discriminatory policy includes admissions policies, scholarship and loan programs, and other institution administered programs, except where required by specific religious tenets held by the institution.

 

Committed to Military

Luther Rice College & Seminary is committed to helping U.S.military personnel pursue their education. Luther Rice is VA certified as well as nationally recognized by all military branches. 

You can earn your entire degree 100% online worldwide or study on campus locally in Atlanta.  

VA students from outside of Georgia need to work with the Atlanta Regional Processing Office instead of the regional VA office of their residency.  Luther Rice's VA Facility Code is 31004011.

Contact Heather Futch at 770-484-1204 ext. 5286 or Heather.Futch@LutherRice.edu for Military Educational Benefit questions.

 

Federal Financial Aid Information

View Financial Aid FAQ for topics including federal grants, loans (federal and private), Cohort Default Rate, how to borrow less than the maximum federal loan amount, etc.

Contact our Financial Aid Office at 770-484-1204 ext. 5755 or FinancialAid@LutherRice.edu for Loan and Grant assistance (Federal and Private).

For more facts about Luther Rice, click here to visit our Quick Facts.

 

The Rick Middleton Scholarship Award

For scholarship information go to www.gavco.org. If you have any questions contact Heather Futch, the School Certifying Official (SCO), at Heather.Futch@LutherRice.edu.

 

Helpful Funding Links

See the U.S. Secretary of Education's commitment to support military families.

Individual state funding opportunities for veterans.

U.S. Department of Education military funding sources information.

Waiver of Application Fee for Military Personnel

For a limited time Luther Rice will waive the $50 Application Fee for all current and former service members.  When applying online enter the word military within the provided promo code field.

Refund if Called to Active Duty

Luther Rice will refund 100% of all tuition and fees for military personnel who receive orders calling them into active duty that must discontinue courses during the academic session. Contact the Student Accounts Office for details as soon as you receive official notification.  

Refer to the Student Handbook for information about readmission after returning from a military service obligation.

Specific Programs

• Chapter 30 - Montgomery GI Bill - Active Duty Educational Assistance Program

  Eligible if you were on active duty (after basic training and any military school) and had $100/month deducted from your pay for the first 12 months of your enlistment (others may qualify - click link above for more information)



• Chapter 33 - Post-9/11 GI Bill

  Eligible if you have at least 90 days of aggregate service on or after September 11, 2001, or you have been discharged with a service-connected disability after 30 days.  The Post-9/11 GI Bill will become effective for training on or after August 1, 2009



• Chapter 35 - Survivors' and Dependents' Education Assistance Program (DEA)

  Provides education opportunities to eligible dependents of veterans who are permanently and totally disabled due to a service-related condition, or who died while on active duty or as a result of a service related condition



• Chapter 1606 - Montgomery GI Bill - Selected Reserve Educational Assistance Program

  Eligible if you were on active duty (after basic training and any military school) and had $100/month deducted from your pay for the first 12 months of your enlistment (others may qualify - click link above for more information)

 

If your church, employer, or any other organization would like to sponsor your education and be directly invoiced for class costs, please complete a Sponsorship Authorization and FERPA Release.  When completed, please upload both forms to the Student Accounts Office via My Secure File Transfer within MyCampus. 

There are numerous scholarship funds available to students and listed below are a few websites to use in a search.

• https://www.scholarships.com/
• http://www.scholarshipexperts.com/
• https://bigfuture.collegeboard.org/scholarship-search

Please note Luther Rice does not endorse any scholarship search website and this small, non-exhaustive list is simply to aid you in your search.

Students may apply for private loans to fund their education at Luther Rice College & Seminary. Students should contact the lender of their choice to apply for a private loan because Luther Rice does not engage in any preferred lender arrangement.

Please note: students may qualify for federal student loans, which may have more favorable terms than a private loan.  Contact the Luther Rice Financial Aid Office to further discuss private loans.