OFFICE of FINANCIAL AID
Various forms of financial aid are made available through the Financial Aid Program office.
With our accreditation, comes our ability to offer Federal Grants, (Pell & SEOG), State Grants, Veterans Benefits, Federal Loans and interest free semester payment plans.
Each of these financial aid options require a FAFSA be completed before March 10 of each academic year. The Free Application for Federal Student Aid (FAFSA) is available online at http://www.fafsa.ed.gov.
The College code for Crossroads Bible College financial aid filing is 034567.
Contact the Senior Director of Financial Aid who will answer questions and help estimate eligibility for financial assistance. The Financial Aid Office may be reached during regular business hours or by appointment. Call (317) 789-8250.
To determine financial aid eligibility in a timely manner, the student must contact the Financial Aid Office at least FOUR weeks prior to the beginning of a semester. Identify yourself as a student with questions about financial aid for the CROSS Program.
Application of Financial Aid
Financial Aid will be applied to student accounts in the following order:
1. Federal (Pell) and SEOG Grants are applied to all eligible accounts first.
2. State Grants are then applied to qualifying accounts.
3. Any outside scholarships are applied next.
4. Direct Loans will be applied, if applicable.
5. Scholarships will be applied only after all Federal and State funds have been applied.
Academic Progress Requirements:
Students who receive financial aid must meet the College’s standard of “satisfactory progress” in order to continue to receive financial aid. Students who have not met the credit requirements or academic requirements are not eligible for financial aid until the deficiency is remedied. All courses covered by scholarship must be completed with at least a passing grade. Students dropping or withdrawing from any course covered by scholarship forfeit the scholarship and must make payment arrangements with Student Accounts to repay scholarship monies. The refund policy for add/drop will also apply to scholarships.