Removing the financial barriers to your biblical education.
Guiding Your Financial Aid Process
One of the greatest opportunities you will have in life is to invest in the foundation of your spiritual and academic life. Trinity College of Florida has a well-established history of equipping those called to spiritual service and over the decades, a majority of students have received some type of financial aid. Utilizing the aid available to you is an investment in your life, your future, and your calling. Our Financial Aid Office will help guide and assist you to receive the financial aid needed to advance in your calling. From completing your FAFSA for the first time to exit counseling upon graduation, we are committed to helping you through the financial aid process.
Beginning October 1, 2020, submit your 2021-2022 Free Application for Federal Student Aid (FAFSA) using 2019 income information to apply for federal aid such as loans, grants, and work study. Use school code 030282 to send it to us. Early FAFSA submission gives you priority consideration for financial assistance and additional time to make informed financial decisions.
Contact Financial Aid
Our Financial Aid Office is ready to guide you through the process of receiving the most financial support possible. Contact us directly or schedule a consultation with our director or financial aid assistant.
Types of Funding
Trinity College Academic Merit Scholarship
Up to $4,000 per year
The Trinity College Academic Merit Scholarship is awarded to students who demonstrate high academic achievement. This scholarship will be awarded after all final grades and scores have been received. The Trinity College Academic Merit Scholarship will be awarded to students who meet all minimum qualifications for acceptance and who have a minimum GPA of 3.0 or a standardized test score of 21 (ACT) or 1100 (SAT). Scholarships range from $1,000 to $4,000 per year.
This scholarship is renewable each year that the student remains in full-time status and maintains a GPA of 3.0 or above at the college. The cumulative GPA will be evaluated on a yearly basis. If the scholarship is lost, it cannot be regained.
- $1,000 – GPA 3.0 – 3.49
- $2,000 – GPA 3.50 – 4.00
- $1,000 – ACT 21 – 25 or SAT 1100 – 1220
- $2,000 – ACT 26 – 36 or SAT 1230 – 1600
Trinity College Grant
Up to $2,500 per year
The TC Grant is given to students based on a minimum GPA of 2.2 and the EFC.
Early Acceptance Grant
Up to $1,000 per year
The Early Acceptance Incentive program offers grants to students applying for the fall semester and who complete their application “early” and were accepted. A free parking permit for the year is also included as part of the Early Acceptance Incentives program.
- December 1st – $1,000 for one year
- May 1st – $500 for one year
Christian Workers Grant
$2,000 per year
Students of full-time missionaries, pastors, or other Christian workers are eligible for the Christian Workers Grant.
Word of Life Scholarship
Up to $4,000 per year
Word of Life Bible Institute graduates receives a $4,000 or $2,000 scholarship. Students who live on campus will receive $4,000. Students who do not live on campus will receive a $2,000 scholarship.
Senior Citizen Discount
Approximately 50% discount for senior citizens ages 65+
Dual enrolled students receive a 50% tuition discount that is credited back to their account when they become full-time degree-seeking student.
$15,200 per year
TCF is accepting students who can produce the Florida adoption tuition waiver.
*Other sources of aid are available such as federal and state aid including Pell Grants, Bright Futures, loans, Florida Prepaid, military and VA benefits, etc.
Full-time missionaries or pastors receive a 50% tuition discount
Early Enrollment Grant
$200-$500 (dependent on the date of acceptance)
Church Matching Grant
Up to $1,000 per semester
Employees of a C12 business, Christian Business Men’s Network, or Christian Chamber of Commerce Business are eligible for this grant up to $1,000 per semester.
GPA Formulated Grants
3.8-4.0 = $1,000 per semester
This is a federally funded type of aid that does not have to be repaid. Pell Grants are offered to students with a low Expected Family Contribution (EFC) as determined by submitting the FAFSA each year of enrollment. The maximum Pell Grant for the 2020-2021 academic year is $6,345. Award amounts and eligibility are subject to change each academic year.
-Students with an EFC of $5,711 or below are eligible to receive a Pell Grant.
-Students must be enrolled full-time each semester (12 or more credit hours) to receive their full Pell Grant offer.
-Students are limited to 600% of lifetime Pell usage. This equates to 6 years of full-time fall/spring enrollment or 12 semesters.
Students must be pursuing their first baccalaureate degree to be eligible for this grant.
Pell Grant is prorated based on enrollment each semester.
Enrollment in 12 or more credit hours = 100% Pell eligibility
Enrollment in 9-11 credit hours = 75% Pell eligibility
Enrollment in 6-8 credit hours = 50% Pell eligibility
Enrollment in 1-5 credit hours = 25% Pell eligibility
Pell Grant disburses according to when classes begin. If a student has courses with varying start dates, the first portion of the Pell Grant will disburse at the beginning of the semester and the remaining portions will disburse on the first day of the later courses.”
Supplemental Educational Opportunity Grant (SEOG)
This program provides limited assistance for students of exceptional financial need. Pell Grant recipients are given priority consideration. The yearly average amount is $800.
Federal Student Loans
Through the FAFSA, students can borrow subsidized and unsubsidized student loans. A federal subsidized loan is awarded based on need as defined by the FAFSA and is not charged interest while borrowers are enrolled at least half-time. A federal unsubsidized loan is not based on a student’s financial need and interest is charged throughout the life of the loan. Annual and lifetime loan limits are set by the federal government. Students must be enrolled in a minimum of 6 credit hours in order to receive these loans. For additional information, please follow this link: https://studentaid.gov/understand-aid/types/loans.
Parent PLUS Loan
Parents of dependent students can apply for the Direct Parent Loan for Undergraduate Students (PLUS) through www.studentaid.gov. This loan is not based on financial need and the annual limit is equal to the student’s Cost of Attendance, as defined by Trinity College, minus any other financial aid the student is receiving. Parents are required to pass a credit check; if your parent is denied this loan, please contact the Financial Aid Office for additional options. PLUS Loans carry a fixed interest rate and an origination fee. We must receive the results of your completed FAFSA before we can process a PLUS application. The 2020-2021 PLUS application is already available and the 2021-2022 application will become available in the spring of 2021.
Alternative loans are private (non-federal) loans. The terms and eligibility requirements will vary according to different lenders. You (and your co-borrower, if applicable) should carefully research the available options and apply with the lender that best suits your needs. The Financial Aid Office will assist in processing your alternative loan once you have applied and been approved through the lender. Keep in mind that federal loans are usually your best option, so be sure that you have applied for all of the federal loans that you are eligible for before you consider private loans.
Click here for information on VA benefits.
Interest-Free Monthly Payment Plan
ADMINISTERED BY TUITION MANAGEMENT SYSTEMS
This convenient option reduces the need to borrow and gives students and families more control over their savings. The payment plan allows you to spread your Continuing Education charges over 4 interest-free monthly payments for only the cost of a $25 enrollment fee. Enrollment benefits are:
– The ability to spread payments out over multiple months, without interest
– Free education payment advice to help you minimize borrowing
– Unlimited adjustments to your payment plan budget to ensure the total of what you are paying each month equals the balance owed per semester
– Students need to register for classes with the Registration Office prior to enrolling in the payment plan.
– Students must register for the payment plan within (2) business days of registering for the class.
Answers to Your Financial Aid Questions
The first step in applying for federal financial aid is completing the FAFSA through www.fafsa.ed.gov. Once you have done this, request a consultation with our Financial Aid Department for any additional questions or information on other aid opportunities. You will need the Trinity College of Florida school code 030282 when filling out the FAFSA.
‘FAFSA’ stands for Free Application for Federal Student Aid. In one free, easy to complete application, students can apply for several different types of funding such as:
- Grants – aid that does not have to be repaid
- Student loans – low interest loans that help offset college expenses and must be repaid after leaving school. Student loans will be offered to you but you are not obligated to accept them.
- Work study – funding that allows you to work at an on-campus job of your choosing
Students applying for federal or state aid must complete the FAFSA. Make sure to add the Trinity College code 030282 so we can receive your FAFSA in a timely manner. Once your FAFSA is complete, we can determine your eligibility. Additional documentation or verification may be necessary. The Financial Aid Office Will reach out to let you know anything that might be needed.
On average, it takes 30 minutes to complete the application online through www.studentaid.gov or through the MyStudentAid app and help is provided throughout the process. Before you fill out the free application, you need to create your FSA ID – a username and password that lets you electronically sign your FAFSA and gives you access to various websites related to federal student aid. If your parent is providing information on your FAFSA, he or she will need his or her own FSA ID as well.
Everyone’s financial aid offer will look a little bit different, but there’s a simple formula that most schools use to determine how much funding you’ll receive. First, the Financial Aid Office takes your total cost of attendance then subtracts your Expected Family Contribution (EFC), which is based on the information you provide in your application. In short, your cost of attendance, minus your EFC, is equal to your financial need. The college uses your financial need and other information to determine how much financial aid you can receive. For any other questions, please reach out to the Financial Aid Office at Trinity College of Florida.
The FAFSA is important to complete because it is the foundation of all other types of financial aid. The Financial Aid Office must have your FAFSA on file in order to process other types of scholarships, loans, and grants that come from the school or the state.
Verification is a process created by the U.S. Department of Education to confirm the accuracy of information provided on the FAFSA. Students are selected at random to complete this process. If you are selected for Verification, a notification email will be sent to your Trinity email address detailing what documentation you may need to provide in order to verify the information that was reported on your FAFSA. The Verification process is not considered completed until all submitted documentation has been reviewed and the Department of Education has accepted any changes that may have been made to the original FAFSA. We are not able to award federal funding until the verification process has been completed.
All students receiving federal financial aid must make satisfactory progress toward a degree. In accordance with guidance issued by the U.S. Department of Education, SAP is made up of two components: a qualitative standard and a quantitative standard. Students’ SAP is evaluated at the end of each semester; any students not meeting the SAP standards will be notified via their Trinity email.
Students must maintain a minimum GPA of 2.0 (cumulative including transfer coursework, if applicable) to be considered as meeting Satisfactory Academic Progress (SAP).
Completion Rate: A student must consistently complete 67% of their attempted coursework to be considered as meeting SAP. This percentage is cumulative throughout a student’s time enrolled in courses and would include transfer coursework, if applicable. For example, if a student attempts 16 credit hours during a semester but successfully completes only 12, their completion rate would be 75%. In this case, they would still be meeting SAP standards, however, their completion rate would be lowered. Grades of F, W, and I are counted as hours attempted but not earned. A student who repeats a course to attain a better grade is considered to have attempted the course twice and the credit hours from each attempt are counted toward the completion rate.
Maximum Timeframe: Federal regulations state that there is a maximum timeframe in which a student must complete their educational program. The maximum timeframe is 150% of the published length of the educational program. For example, a student would be allowed no more than 180 attempted credit hours to complete a baccalaureate degree that is normally earned with 120 credit hours. When measuring compliance with this policy, all attempted credit hours are counted, including those attempted at other schools, regardless of whether or not financial aid was received.
The first time a student falls below the minimum GPA and/or completion rate requirements, they will be placed on a “warning” status. This status will allow the student to receive federal financial aid for one more semester; this is considered a grace period during which the student has one semester to bring their GPA and/or completion rate back into good standing before becoming ineligible for federal aid. When grades are posted at the close of the warning semester, a student in this status would be expected to be at or above the minimum SAP requirements.
A student on “warning” status who fails to meet the minimum SAP requirements for a second semester will be placed on “suspension”. A student in this status is no longer eligible for federal aid. However, if extenuating circumstances exist that were beyond the student’s control, the student may submit an appeal in order to have their eligibility for federal aid reconsidered.
The appeal process is only available to a student with extenuating circumstances beyond their control. Both a written statement explaining the circumstances and supporting documentation must be provided in order for an appeal to be considered.
For example, if a medical issue caused a student to miss several classes or assignments and this resulted in a suspension status, the student may submit an appeal. In this instance, a student would provide a thorough written statement outlining the circumstances which led to poor academic performance as well as any supporting medical documentation to support the circumstances described (i.e. medical bills, physician’s statement on letterhead, etc.). All appeal documents will be reviewed by the Office of Student Financial Aid. If the appeal is approved, the student will be granted a probationary period during which they would once again be eligible to receive federal aid. During this period, they would be required to meet the following requirements: making a C or better in all attempted coursework, completing all attempted coursework (may not fail or withdraw from any classes), and follow an academic success plan. At the end of the probationary period, the student is expected to either be meeting SAP standards or to have followed the requirements of their appeal approval. If the overall SAP standards are still not being met after the probationary period but the terms of the appeal were met, the student would continue on probation and remain eligible for federal aid. If the overall SAP standards are still not being met after the probationary period and the terms of the appeal were not met, the student would lose eligibility for federal aid.
Re-Establishing Aid Eligibility
A student who is not meeting SAP standards may choose not to submit an appeal or may not be able to appeal, if they do not have any extenuating circumstances to explain low academic performance. If this is the case, the student will not be eligible to receive federal aid until they are in compliance with all components of the SAP policy. The student will need to attend and pass classes until they begin meeting the standards again; this may take several semesters to accomplish but it will be the responsibility of the student to improve their academic performance during this time.
The U.S. Department of Education has determined that for the purpose of obtaining federal financial aid, students under the age of 24 are generally considered to be dependent. Exceptions apply for students who:
Are veterans of the U.S. Armed Forces
Are serving on active duty in the U.S. Armed Forces for purposes other than training
Are providing more than half of the support for a dependent child
Have been determined to be an orphan, ward of the court since the age of 13
Have been legally determined to be an emancipated minor
Have been determined to be an unaccompanied youth who are homeless or at risk of being homeless
If you have questions concerning your dependency status, please contact the Office of Student Financial Aid.
Financial aid awards are disbursed in equal amounts each semester and applied directly to the student’s account. If the award is more than the account balance, a disbursement will be generated and issued to the student in the form of direct deposit or check. If the award is less than the account balance, the student will be billed for the remaining amount due on the account.
Federal Return of Title IV Funds Policy
Title IV (federal aid) recipients who withdraw completely on or before 60 percent in time has elapsed during the period of enrollment for which the student has been charged will be required to return a portion of Title IV funds. The return amount will be calculated using the number of days the student attended in the given term and the total number of days in the given term.
Taking the first step can be the hardest. Schedule a campus visit or request information. We will walk you through everything from start to finish, including the financial aid process.