Financial Aid

Financial Aid

There are various sources of financial aid to help you with your educational pursuits.  You can apply for aid for campus-based classes, 100% online studies, or a combination thereof.  If you need more information or are interested in applying for financial aid, click on the appropriate link below.

 

  • Federal Financial Aid
  • State Aid
  • Tuition Assistance Program (Need-Based Scholarship)
  • Military Tuition Assistance
  • Sponsorship
  • Outside Scholarships
  • Private Loan

Federal financial aid comes in the forms of grantswork 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

  • Complete a 2017-2018 Free Application for Federal Student Aid (FAFSA)
     
    • The 2017-2018 FAFSA applies toward summer 2017, fall 2017, and spring 2018

    • 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 StudentLoans.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 StudentLoans.gov to complete Entrance Counseling (login using the same FSA ID as your FAFSA).

Financial Aid Portal

Financial aid applicants can upload requested documents, view award information, and accept/decline their award on the Financial Aid Portal.

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

Luther Rice does not participate with any state grant program within Georgia.  Those students who reside outside of Georgia should contact their state’s department of education for information regarding state grant assistance.

Tuition Assistance Program

The Tuition Assistance Program (TAP) is a need-based scholarship program that has been established to help students who are unable to pay the normal tuition rate.  Only applications of students who have applied to Luther Rice College & Seminary will be reviewed and the maximum award granted is 50% of tuition and Technology Fees. Please see the Financial Aid Calendar for application deadline dates.

Steps to Apply for Tuition Assistance Program

  1. Submit an explanation (maximum one-page) of your need for TAP and any relevant information you think Luther Rice needs to know   
  2. Complete the 2017-2018 Free Application for Federal Student Aid (FAFSA)
  3. Submit a copy of your most recently filed federal income tax return
    • Include a copy of spouse’s federal tax return if married filing separately
    • Please submit only the 1040 unless otherwise instructed by the Luther Rice Financial Aid Office
  4. Submit a Net Income Worksheet
  5. Submit a List of Assets
  6. Submit a signed TAP Accuracy Statement

Submit all required information to FinancialAid@LutherRice.edu

Terms and Conditions of Tuition Assistance Program

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 Gary Cook at 770-484-1204 or Gary.Cook@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 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 Gary Cook, the School Certifying Official (SCO), at Gary.Cook@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

If your church, branch of the military, employer, or any other third party would like to sponsor your education, please have them complete a Sponsorship Authorization form and submit it to the Student Accounts Office.

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

 

Contact Financial Aid Office

Please email any questions to FinancialAid@LutherRice.edu or call 770-484-1204 ext. 5755.

Casey Kuffrey, Director of Financial Aid
Padma Sajja, Financial Aid Associate
Katherine Johnson, Financial Aid Associate