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William Jewell offers both merit and need-based scholarships for students. During the 2001-2002 academic year, a total of $8,468,235 was awarded in college scholarships and grants to supplement federal, state and other external awards.
Additionally, 99% of full-time first-year students received financial assistance which included grant funds as well as possible loan and work options. And the average aid package for a first-year student totaled $15,374, of which $9,213 was in grant assistance provided by collegiate or other sources.
The following hypothetical test cases can give you a sense of how William Jewell will use a variety of sources to help fund your education.
Scott J.
Scott is from a single-parent family with an annual income of $20,000. There are four in the family. The federal government has calculated an expected family contribution of $350, all expected from the student. Scott is an honor student. His financial package from William Jewell is as follows:
| Academic Scholarship | | $5,000
| Leadership and Service Grant
(priority given to families demonstrating need)
| | $1,250
| | Federal Pell Grant | | $4,050
| | Federal SEO Grant | | $3,000
| Federal Perkins Loan | | $3,000
| | Federal Stafford Loan (subsidized) | | $2,625
| | Federal Work Study | | $2,000
| | Family Contribution or Federal Parent Loan | | $395
| Total | | $21,320 |
Shawn K. Shawn is from a family of five. There are two students in college. The family income is $90,000. Shawn’s father earns $45,000 per year and his mother earns approximately the same. Shawn works and has saved $7,000. The federal government has calculated an expected family contribution of $10,733 ($7,533 from the parents and $3,200 from Shawn). Shawn is an honor student and intends to play soccer at William Jewell. His financial package from William Jewell is as follows: | Academic Scholarship | | $6,500
| | Soccer Scholarship | | $1,500
| | Federal Stafford Loan (subsidized) | | $1,087
| | Federal Stafford Loan (unsubsidized) | | $1,538
| | Federal Work Study | | $1,500
| | Family Contribution or Federal Parent Loan | | $9,195
| Total | | $21,320 |
Anne D. Anne is from a family of five. She will be the only student in college this year. Her father and mother are both employed. The family income is $50,000 per year. Anne has worked and earned $2,300. She is involved in the youth group in her Baptist church, and is a Missouri resident. Anne’s family contribution is $2,943 ($2,943 from Anne’s parents and $0 from Anne.) Her financial aid package is as follows: Charles Gallagher Grant
(Missouri residents only)
| | $1,500
| Leadership and Service Grant
(priority given to families demonstrating need)
| | $2,500
| | Christian Service Award | | $1,000
| | Federal Pell Grant | | $1,100 | | Federal SEO Grant | | $2,500
| Federal Perkins Loan | | $2,000
| | Federal Stafford Loan (subsidized) | | $2,625
| | Federal Work Study | | $2,000
| | Family Contribution or Federal Parent Loan | | $6,095 | Total | | $21,320 |
Jacque S. Jacque’s mother owns her own business and earns $118,000 per year. She has a brother and two sisters and the family resides in Missouri. Her father is not employed outside the home. Her parents have $78,000 in cash in the bank. The total contribution expected from Jacque’s family is greater than the cost of William Jewell College. However, Jacque was admitted to the Oxbridge Honors Program and received a score of 30 on the ACT. | Oxbridge Scholars Fellowship | | $9,000
| Missouri Higher Education
Academic Scholarship (Bright Flight)
| | $2,000
| | Federal Stafford Loan (subsidized) | | $2,625
| | Family Contribution or Federal Parent Loan | | $7,695
| Total | | $21,320 |
David A. David is one of six children and his family resides in Kansas. His father is not employed outside the home. His mother has a yearly income of $45,000. David has not been able to work and hasn’t any income. There will be three students in college this year. The federal government has calculated an expected family contribution of $650 ($650 from David’s parents and $0 from David).
David’s financial package from William Jewell College is as follows:
| Academic Scholarship | | $4,000
| | Out of State Grant | | $2,000
| | Federal Pell Grant | | $3,400
| | Federal SEO Grant | | $2,500
| Federal Perkins Loan | | $2,000
| | Federal Stafford Loan (subsidized) | | $2,625
| | Federal Work Study | | $2,000
| | Family Contribution or Federal Parent Loan | | $2,795
| Total | | $21,320 |
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