Both are full-tuition scholarships that you are invited to compete for based on criteria from the admission application. You are encouraged to apply early for consideration for either of these awards. Contact your admission counselor for more information. FAFSA The FAFSA is the Free Application for Federal Student Aid. You must file one to receive need-based financial aid from the state and federal government, and from the institution you plan to attend. You can file the FAFSA anytime after Jan. 1 of your senior year after completing your regular tax forms. Based on the FAFSA, the federal government gains information on your family's financial situation. Next, the Estimated Family Contribution (EFC) is determined. The EFC is the estimated amount the government thinks your family can afford to pay for college. Based on the amount of the EFC, the government lets the schools you have selected know what need-based financial assistance you will be receiving. Completing this process is necessary if you would like to receive any state or federal grants, loans or work-study to help fund your college education. After receiving the FAFSA results, the schools you have selected will create a financial aid award for you that calculates your exact out-of-pocket cost to attend their college or university. In some cases, the school may choose to award additional need-based aid to you based on the FAFSA results. You can file the FAFSA online , but you must first apply for a PIN from the U.S. Department of Education. Third-party scholarships Third-party scholarships are a great way to get additional money for school! These are scholarships or awards that do not come from the school you are attending or the federal government, they come from a separate institution or group. Local community groups or large corporations often offer scholarships to students for various reasons, it just takes some time and research to find them. Your high school guidance counselor is a great person to go to for more information on these worthwhile opportunities! Work-study Work-study is a type of aid that you may qualify for based on the FAFSA. A work-study award is an allotted amount that a student can earn from on-campus employment during the school year. Many jobs are available all over Capital's campus for students with the work-study award. You can visit our campus employment page for a complete listing of available jobs. | Sample Financial Aid Awards Now that you know more about the types of financial assistance that are available to you, here are some examples of awards that students from our incoming freshman class have received for the upcoming school year. You can see that Capital truly can be affordable for you and your family!
Student A
Estimated Family Contribution: $0 - Federal Sub. Stafford Loan - $3,500
- Federal Work-study - $1,700
- Cap Grant - $2000
- Ohio Choice Grant - $660
- Ohio College Opportunity Grant - $4,992
- Federal Pell Grant - $4,050
- Federal Perkins Loan - $1,500
- Capital University Presidential - $8,000
Total Amount of Aid: $26,402
Student B
Estimated Family Contribution: $78,046 - Ohio Choice Grant - $660
- Capital University Children of Pastors Grant - $13,180
- Federal Unsub. Stafford Loan - $3,500
- Lutheran Heritage Grant - $1,000
- Capital Alumni Grant - $1,000
- Partners in Education - $1,000
Total Amount of Aid: $20,340
Student C
Estimated Family Contribution: $10,393 - Ohio Choice Grant - $660
- Capital University Presidential - $10,000
- Federal Sub. Stafford Loan - $3,500
- Federal Work-Study - $1,700
- Cap Grant - $2,000
- Nursing Student Loan - $2,000
Total Amount of Aid: $19,860 |