A new financial aid program and residence hall were announced after the Board of Trustees’ regular meeting September 29. Both initiatives are expected to improve student life and college affordability.
The Trustees approved the recommendation from Cedarville University’s administration that will increase scholarships and provide more need-based aid for new freshmen and transfer students. The new program will increase academic scholarships by $1,000, establish a competitive $20,000 President’s Society Fellows Scholarship to recognize academic excellence and godly character, engage donors to provide an additional scholarship for all Pell Grant recipients, and introduce guaranteed scholarships for students who do not receive other merit aid. These changes are designed to make Cedarville’s distinctively Christian educational experience accessible to more students.
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Weinstein, Mark D., "New Financial Aid Program Focuses on College Affordability" (2016). News Releases. 331.