Financial Aid
Transfer Scholarships
These awards are for the 2024–2025 academic year.
Transfer students with more than 16 semester transfer credit hours or 24 transfer quarter hours may be eligible to receive one or more of the following awards.
Award Level |
2024-25 |
GPA |
|---|---|---|
| Transfer Founders Scholarship | $17,000 | 3.5+ |
| Transfer Heritage Scholarship | $15,000 | 3.0-3.49 |
| Transfer Achievement Scholarship | $13,000 | 2.5-2.99 |
| Transfer Recognition Scholarship | $9,000 | 2.0-2.49 |
| Transfer Promise Grant | $5,000 | 1.99 and below |
| Diversity | Up to $4,000 |
| Nazarene PK/MK | $6,500 |
| Non-Nazarene PK/MK | $2,500 |
| Nazarene Challenge | $2,500 |
| Bible Quizzing | Amount on certificate divided by 4 years |
MVNU Performance Awards
| Award | Amount | Requirements |
|---|---|---|
| Honors Program Scholar | $1,000 | Acceptance into honors program |
| Athletic Scholarships | Up to Tuition | Chosen by coach, |
| Music Scholarship | Up to $5,000 | Audition, chosen by professors, |
| Institutional Ministerial | $1,000 | Selected by professors for Nazarene religion majors |
| Crispin Webb Art Endowed Scholarship |
$500 | 2.50 GPA |
| Esther Buchwald Scholarship (Soph Graphic Design) |
$1,250 | 2.50 GPA, portfolio required |
| Esther Buchwald Scholarship (Soph Visual Arts) |
$1,250 | 2.50 GPA, portfolio required |
| Esther Buchwald Scholarship (Jr Graphic Design) |
$1,250 | 2.50 GPA, portfolio required |
| Esther Buchwald Scholarship (Jr Visual Arts) |
$1,250 | 2.50 GPA, portfolio required |
| Esther Buchwald Scholarship (Senior) |
$5,000 | 2.50 GPA, portfolio required |
MVNU Need-Based Awards
University Fund Scholarship — Varies (need-based on FAFSA and remaining need)
Federal Grants
Federal Pell Grant — up to $7,395 (need—based, determined by FAFSA)
Federal Supplemental Education Opportunity Grant — $1,000 (need-based, determined by FAFSA, limited funding)
Federal Work-Study Eligibility — Up to $1,800 (need-based by FAFSA; must secure job and apply funds to student account to receive)
Federal Loans
Federal Direct Unsubsidized Loan — at least $2,000 (non-need-based, subject to a 1.057% Department of Education origination fee, interest accrues immediately at 5.50% rate, deferred until 6 months after graduation or not enrolled)
Federal Direct PLUS Loan — Varies (Loan in parent's name requires credit check. Awarded on difference between financial aid and direct costs. Subject to a 4.228% Department of Education origination fee, 10 year term, 8.05% interest rate)
Federal Direct Subsidized Loan — up to $3,500 (need-based, subject to a 1.057% Department of Education origination fee, interest accrues immediately at 5.50% rate, deferred until 6 months after graduation or not enrolled)