To Glorify God by Training Christian Leaders to Reach a Multiethnic Urban World for Christ

Scholarships and Loans

An Investment in You

Students who receive financial aid must meet the College’s standard of satisfactory progress in order to continue receiving it. Students who have not met the College’s academic requirements are ineligible for financial aid until the deficiency is remedied. All courses covered by scholarship funds must be completed with at least a passing grade.

Students dropping or withdrawing from any course covered by scholarship money forfeit this financial aid and must make arrangements with Student Accounts to repay it. The refund policy for add/drop also applies to scholarships. Below are the requirements for students wishing to receive financial aid at Crossroads Bible College.

Brookside Initiative Scholarship

This scholarship will train future ministry leaders by providing students with exposure to real world ministry opportunities, help ministries operate more efficiently, and to strengthen the partnership between Crossroads Bible College and College Park Church and its other Brookside Initiative partners.

Christian Workers Scholarship

For full-time students committed to earning a bachelor’s degree. The applicant must have a minimum grade average of 2.5. The student’s ministry goal must be to become a pastor, career missionary, or full-time Christian worker. Financial need must be documented. An essay is also required along with other recommendations.

Church Matching Scholarship

This scholarship will supplement and encourage funding that churches provide for members of their congregation to attend Crossroads. Every dollar that a church provides in support or assistance with tuition will be matched dollar for dollar for members of their congregation to attend Crossroads. Maximum amount of this scholarship per student would be up to one-half of a student’s tuition.

International Students Scholarship

At Crossroads we believe that diversity is the product of our creative triune God. While we cannot guarantee financial support or scholarships for international students, we ask that you contact the Office of Financial Aid for scholarship availability.

Tony and Lauren Dungy Scholarship

This scholarship will be given to students attending Crossroads Bible College pursuing an urban ministry vocation who exemplify Christian character and demonstrate excellence in their personal, spiritual, and academic endeavors.

Financial Aid SAP (Satisfactory Academic Progress) is the process the federal government uses to ensure students are successfully completing their academic program at a good pace. The student’s SAP will be evaluated twice a year: at the end of each term, fall and spring. The policy at Crossroads Bible College includes the three standards listed below that all students must meet in order to continue to receive federal aid:

  • Qualitative: Students must maintain a minimum GPA of 2.0 on a 4.0 scale.
  • Quantitative: Students must complete at least 66.7% of the credit hours attempted.
  • Maximum Timeframe: Students must complete the required coursework within 150% of the published program length.

Students must complete a minimum number of credit hours based on percentage of work to be completed (quantitative) and maintain a minimum cumulative grade point average (qualitative) consistent with the requirements for graduation in order to meet SAP standards.

All attempted credits, including credits attempted in the Summer or Winterim term, will be counted against the student’s maximum timeframe, whether or not the student received financial aid for those attempted credits. All accepted transfer credits will be counted in both the qualitative, quantitative, and maximum timeframe measure.

Students who fail to meet the qualitative, quantitative, or maximum timeframe standards at the end of that term will be placed on financial aid “warning” status for the next term and will remain eligible for financial aid while on a warning status. Students on financial aid warning status must meet SAP qualification requirements by the end of that term. Students not meeting the requirements at the next term will be placed on financial aid suspension and considered ineligible for future financial aid until the deficiencies are resolved.

Need Based

DL STAFFORD LOANS for Dependent Undergraduates

  • Loan must be repaid
  • $3,500.00 subsidized loan and $2,000,00 unsubsidized loan for Freshmen(0-31.5 credit hours)
  • $4,500.00 subsidized loan and $2,000.00 unsubsidized loan for Sophomores (32.-63.5 credit hours)
  • $5,500.00 subsidized loan and $2,000.00 unsubsidized loan for Juniors (64-95.5 credit hours) & Seniors (96-160 credit hours)
  • Loan counseling required for incoming students
  • First year students must wait to receive first loan payment 30 days after classes start
  • Origination fees (regulated by DOE) deducted from funds

DL STAFFORD LOANS for Independent Undergraduates

  • Loan must be repaid
  • $3,500.00 subsidized loan and $6,000.00 unsubsidized loan for Freshmen (0-31.5 credit hours)
  • $4,500.00 subsidized loan and $6,000.00 unsubsidized loan for Sophomores (32-63.5 credit hours)
  • $5,500.00 subsidized loan and $7,000.00 unsubsidized loan for Juniors (64-95.5 credit hours) & Seniors (96-160 credit hours)
  • Loan counseling required for incoming students
  • First year students must wait to receive first loan payment 30 days after classes start
  • Origination fees (regulated by DOE) deducted from funds

 

Take the Next Step to Preparing to Serve Effectively!

Our scholarships are made possible by your financial support.