Types of Financial Assistance

Undergraduate students who establish calculated financial need with the College will qualify for assistance through the College's loan and grant program to meet their tuition costs.

• Loan Program: The amount of a loan offered to a student is based on the student's calculated need established with the College. Loan payments of interest and principal are deferred until one year (the grace year) after the student leaves the College. Students who pay their loan off during the grace year (which for most students is the year after the student graduates) effectively can get an interest free loan. Deferments are also available for graduate school, medical and law school, as well as for those students who begin formation for the priesthood or religious life. Students entering religious orders and who take final vows of poverty, chastity and obedience are eligible for loan forgiveness from the College. Students who pursue missionary or other lay apostolic work also qualify for some deferments.
  
  
• Grant Program: Student's with calculated need are offered, in addition to loans above, monies from the College's grant fund to meet tuition costs. This assists students in keeping the burden of loans accumulating over four years to a manageable size. Students who remain enrolled in the College over four years will see their loan to grant ratio decrease in favor of a greater portion of grant monies as they progress toward graduation.

At the undergraduate level, Christendom College offers four-year level Presidential Academic Scholarships based on academic merit to first-time freshmen and first-time transfers. Dollar amounts awarded can range from partial to full tuition scholarships. Once awarded a Presidential Scholarship, students can keep this scholarship for four years if they maintain a 3.25 cumulative GPA at the College. Students are automatically awarded these scholarships upon acceptance as a full-time enrolled student at the College. Scholarship awards are based on:

1. achievement of a score of 1920 or better on the SAT (all three sections) or a score of 29 or better on the ACT.
2. submission of grade transcripts or home school records which shows substantial achievement and willingness to work and succeed in an academic curriculum.

Please note that academic scholarships are integrated with any need based financial aid awarded by the College. This means academic scholarships do assist in meeting calculated need.

Brothers and sisters simultaneously enrolled at Christendom College benefit from a special Family Plan at the undergraduate level. For the second student in the same family, simultaneously enrolled full-time (12 credit hours or more), the student receives a 25% discount off the tuition charged; for three or more students from the same family simultaneously enrolled full-time, student receives a 50% discount off the tuition charged for each family member after the second student. These reductions are granted in order of admission. The Family Plan does not apply in the case of a student who has claimed independence from his family for reasons of financial aid.

Please note that family plan discounts are integrated with any need based financial aid awarded by the College. This means family plan discounts do assist in meeting calculated need.

For undergraduate students, the College maintains a Student Employment Website (SEW) which lists jobs available each semester at the College. All students may apply for these jobs. Students are hired on a competitive basis. These jobs help students earn money to meet College expenses. The College cannot guarantee any student a job, but most students wanting a job do eventually get hired within their first two semesters at the College. Job applicants typically outnumber student jobs available in any given semester, but persistence and good performance do pay off. Students can gain valuable work experience through the College's student employment program.