Cost of Attendance Maximum
Shiloh University policy requires the sum of all scholarships and grants to be equal to or less than the Cost of Attendance that is established annually by the Shiloh University Financial Aid Office (SU FAO). This includes scholarships and grants awarded annually by the University, Federal Student Aid, and other third-party sources.
It is the responsibility of the student to report to the SU FAO any scholarships and/or grants they will be receiving from agencies and others outside the University. If the sum of all scholarships and grants, combined with outside scholarships and grants, exceeds the Cost of Attendance, Shiloh University scholarships and grants will be reduced to keep all scholarships and grants within the Cost of Attendance. If changes to a student’s financial aid package are required, a revised Award Notification from the SU FAO will be sent.
Scholarships are awarded annually on a first-come first-serve basis. Thus, students interested in applying should meet the following deadlines to receive priority scholarship consideration:
- March 1 is the deadline for students to apply for admission in order to receive priority scholarship consideration.
- July 15 is the deadline for all admitted students to accept admission (via signed enrollment agreement) and to submit final high school transcripts. Students not meeting this deadline may lose scholarship eligibility and any previously awarded scholarships may be canceled.
For current students, if final Summer trimester grades result in a student being placed on Academic Probation, they will lose scholarship eligibility and any previously awarded scholarships will be canceled.
Merit-based scholarships will typically not be combined. If a student meets the criteria for multiple awards, they will automatically be awarded the scholarship with the highest dollar amount.
Students pursuing a second bachelor’s degree are not eligible for any undergraduate merit-based scholarships awarded by the University.
Release of Scholarship Funds
University administered scholarships are typically disbursed in three equal payments in conjunction with the fall, spring, and summer trimesters. For students graduating mid-year, total scholarship funds awarded may be reduced; they will not receive a refund of excess scholarship monies or an increase in their award amount for the enrolled semesters.
Scholarship funds will first be applied to the University’s tuition and fees. If, after factoring all scholarships and grants, the student has excess funds on their account, that amount will be disbursed within the first 14 days of the trimester or sooner.
Unless otherwise stated in individual scholarship criteria, all scholarships require full-time continuous enrollment each semester at Shiloh University as well as maintaining Satisfactory Academic Progress. Reviews for scholarship renewals are completed each semester. Renewal appeals will be managed on a case-by-case basis.
Undergraduate applicants are allowed to self-certify their high school completion. However, all students who accept admission and who wish to apply for scholarships are required to submit official final high school transcripts as soon as possible after high school graduation. These must be received no later than July 15.
An evaluation will be completed to compare the final official documents with the self-reported information to verify admission decisions as well as any scholarship offers made based on self-reported information. Appropriate action will be taken if it is determined that a student has misrepresented their academic record in this process.
New scholarship programs may be created each year and award amounts for existing scholarship programs are subject to change.
In the event there are reductions in available funds for institutional-funded scholarships and grants, awards may be reduced accordingly within the academic year.
We reserve the right to update or modify these policies at any time without prior notice. For this reason, we encourage you to review this policy whenever you are reviewing financial information.