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EXCEL Financial Aid

 

 

EXCEL core is 40 semester hours and covers 4 semesters. Financial Aid is available through the Federal Government by filing a FAFSA and submitting it to Grace University

Once the financial aid office receives your information, you will be sent an award letter stating the aid for which you are eligible. Costs for each semester will be due before you begin classes. Your costs will be incurred over two financial aid award years which means you will have to file the FAFSA twice.

Contact the Financial Aid Office at 402.449.2810 or email us at: gufinaid@graceu.edu.

 

Institutional Grants

 

The Christian Worker Grant

For students who are a full-time employee of a non-profit Christian organization. The Christian Worker Grant is worth $350 per semester for students taking 12 or more credit hours and $175 per semester for those taking 6-11 credit hours.

 

Federal Financial Aid


Federal financial aid is available in the form of Pell grants and Stafford student loans to supplement educational expenses or cover the cost of the Advance program. The Free Application for Federal Student Aid (FAFSA) should be completed as early as possible.

FSEOG and Nebraska Grants


These federal and state programs are based on financial need determined by the FAFSA. You have to be eligible for the PELL Grant, maintain the GPA requirements, and be a Nebraska resident to receive the Nebraska Grant. The maximum award is $1,350.

Stafford Loan


Subsidized:

The Subsidized Stafford Loan is based on financial need and repayment begins six months after the student leaves Grace University. The federal government pays the interest while the student is attending school at least half-time, or is in a qualified deferment period. The loan amount is up to $2,750 per semester.

 

Unsubsidized:

The Unsubsidized Stafford Loan is based on cost of attendance and repayment begins six months after the student leaves Grace University. The student is responsible for the interest from the beginning of the loan. The loan amount ranges from $2,500 to $5,250 per semester, depending on the subsidized amount.

 

Additional Resources

 

Tuition Management Systems

TMS is a payment plan that allows students to make monthly payments toward their educational costs. There is a yearly fee to sign up, but there is no interest for this plan.

 

Veterans Benefits

For more information on veteran benefits contact your local VA office, or you can call 1.888.442.4551, or the Department of Veteran Affairs. For information pertaining to Grace University's requirements contact our VA officer Teela Chamberlain at 402.449.2810.

 

Vocational Rehabilitation


Contact your local Vocational Rehabilitation office or call 1.800.827.1000 to see if you qualify.


Tuition Assistance


Contact the place of your employment for information about tuition assistance programs.


Payment Options

Students who choose to pay “out of pocket” can opt to pay in full at registration or follow our TMS payment plan (for which there is a $60 administrative fee). Students can pay by cash, personal check, company check, cashier’s check, money order, Visa, MasterCard or Discover.

 

More Resources

Student Handbook

This is a PDF of the Grace University Student Handbook. Click Go to download.

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