Tuition and Financial Aid
Tuition: The unique design of the Degree Completion program enables you to complete your degree in less than two years without leaving your current full-time job. Tuition is affordably priced at $160 per credit hour. Along with fees for experiential learning and student services, the total degree completion cost is approximately $8,500.
Prior Learning Assessment Fee: A $50 assessment fee will be charged for each paper submitted along with the Petition for Professional or Life-Learning Credit. The fee is payable at the time of petition.
Credit By Examination: A $75 fee will be assessed for each CLEP exam and a $85 fee will be assessed for each DANTES exam attempted at Evangel.
Financial Aid: Loans and grants received through various financial aid sources may be used to cover educational costs of the program. For Federal assistance, eligibility must be established by completing the Free Application for Federal Student Aid (FAFSA) online at www.fafsa.ed.gov. The (FAFSA) must be submitted each year. Financial aid for Degree Completion students are as follows:
Federal Pell Grant: The Federal Pell Grant is a federally funded grant program that you do not repay. The amount awarded is based on your federal eligibility and number of hours enrolled.
- Limited to students who are working on their first baccalaureate degree.
- Federal Pell Grants are paid and award amounts are adjusted based on your course load. Students who drop hours or withdraw from school may be subject to reduction and/or repayment of their Federal Pell Grant.
- Awards range from $890 to $4,731.
Federal Stafford Student Loans: The Stafford Student Loan is available through lenders such as banks, credit unions, and savings and loan associations. Eligibility is based on financial need. Degree Completion Program students may borrow funds through the Stafford Student Loan Program with repayment beginning six months after program completion.
An unsubsidized Federal Stafford Student Loan, with the borrower paying the interest, is available to those who do not qualify for the government subsidized Stafford. Subsidized loans are need-based and available to students in the Degree Completion Program. Eligibility for the program is determined by completing the Free Application for Federal Student Aid (FAFSA). Applications are available online at www.fafsa.ed.gov.
Employee Reimbursement: Many companies and businesses offer tuition reimbursement for their employees enrolled in college educational programs. Prospective students should contact the personnel office at their place of employment for information about tuition benefits. These reimbursement programs are agreements between employers and employees. The student is responsible for all payment arrangements with the university and then to file for reimbursement through the employer program. All anticipated benefits must be reported to the Student Financial Services Office.
For further information regarding financial aid, please contact the Evangel University Student Financial Services Office in Building 25 or call extension 7431.