thiel college financial aid brochure
DESCRIPTION
Brochure explaining the financial aid process at Thiel CollegeTRANSCRIPT
Making your education
Affordable
T H I E L C O L L E G E
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F I N A N C I A L A I D
H E L P I S A T H A N D
SOURCES FOR FINANCIAL AID Sources of Student Financial Aid for Thiel Students 2012-2013
V A L U E F O R Y O U R I N V E S T M E N T
Your financial aid package,
including your scholarships
and grants, will stay roughly
the same each year you
attend Thiel, assuming you
meet the minimum grade
point requirements. After
you receive your financial
aid package, you will have
the opportunity to accept or
decline parts or all of it.
WITHIN YOUR REACH Filling out the FAFSA
(Free Application for Federal Student Aid) is
essential toward receiving the maximum possible
in financial aid. The U.S. Department of
Education uses the information to determine your
eligibility for valuable federal student financial
assistance. Thiel also uses the information for
awarding need-based financial aid. The FAFSA
is available online at www.FAFSA.ed.gov. Ask
for your results to be sent to Thiel College;
our code is 003376. If you have questions about
how to fill out the FAFSA, call us. Your
admissions counselor will be able to help answer
your questions.
HELP AVAILABLE NOW Even before you are an
official student at Thiel, we’ll work with you and
your parents to help you understand how to
compute your college costs. If you have questions
about filling out the FAFSA, or any part of the
process, just call or come by. Be sure and visit the
Thiel website for more information. All of your
questions are important; so call or e-mail us anytime.
Thiel College does not discriminate on the basis of race, color, sex,religious belief, national origin, ancestry, age or non-job related handicapas those items are defined under applicable law. This policy of non-discrimination applies in connection with admission to and participationin all programs and activities sponsored by Thiel College and to allemployment practices of Thiel College.
SCHOLARSHIPS & FINANCIAL AIDMore than 98% of students receive some form of financial assistance.
ACADEMICS More than 60 majors, minors andareas of study. Degrees offered: Bachelor of Arts,Bachelor of Science, Associate of Arts, Associate of Science.
ACCREDITATION Middle States Association of Colleges and Schools, Pennsylvania Departmentof Education, American Chemical Society.
STUDENTS More than 1,100 students; 46% arefemale and 54% are male; 6% are internationalstudents.
STUDENT-TO-FACULTY ratio is 13-to-1.
LIVING ON CAMPUS 88% of students live oncampus in nearly 30 residence halls, apartments,theme houses and townhouses.
ATHLETICS & ACTIVITIES 24 athletic teams,most at the NCAA Division III level, more than 50student organizations/activities, one local and threenational fraternities, and four national sororities.Intramural sports are available for all interests.
LOCATION Thiel College is located on abeautiful 135-acre, tree-lined campus in Greenville,Pa., in the heart of Western Pennsylvania’s hill country.
HISTORY Founded as Thiel Hall in Monaca, Pa., in 1866 as a co-educational institution; chartered byPennsylvania in 1870 and moved to Greenville, Pa.,in 1871; affiliated with the Evangelical LutheranChurch in America.
QUICK LINKVisit us online to discoverwhat Thiel College can offeryou! Simply use a QR Codereader on your smart phoneto scan the code and launchwww.thiel.edu/finaidin your browser.
VALUABLE ONLINE RESOURCES
www.fafsa.ed.gov — to fill out the FAFSA, which must be completed by all students seekingfinancial aid (Thiel College FAFSA code: 003376)
www.pheaa.org — for information about fundingand scholarships for Pennsylvania residents
www.thiel.edu/finaid — comprehensiveexplanation and resources about the Thiel Collegefinancial aid process
www.thiel.edu/finaidhelp — online calculator toestimate your cost of attendance
We know the process can be confusing, so we
gladly work one-on-one with our students and
their families to answer their questions.
CYNTHIA FARRELL EXECUTIVE DIRECTOR, STUDENT FINANCIAL SERVICES
STUDENT AID COMPARISONSFor the 2012-2013 academic year, Thiel's tuitionand fees was $26,288 and room and board was$10,120, making the total annual direct cost toattend Thiel $36,408. However, with thesubstantial amount of financial aid offered atThiel, students can often pay substantially lessthan the “sticker price.” Below are threeexamples of common financial aid packages:
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JOE is a student transferring to Thiel as asecond year student from another college whowill also be living off campus. Joe was offered afinancial aid package including:Thiel Assistance $1,250Thiel Merit Award $5,000Pennsylvania State Grant $3,992Federal Pell Grant $5,550Federal Direct Subsidized Loan $4,500Federal Direct Unsubsidized Loan $6,000Total $26,292
SARAH is an academically high-achievingstudent whose family has average financial need.She will also be living on campus. Sarah wasoffered a financial aid package including:Thiel Assistance $1,500Academic Scholarship $500Thiel Merit Award $10,500Thiel Leadership Award $2,000Pennsylvania State Grant $3,992Federal Pell Grant $4,500Federal Perkins Loan $1,000Federal Work Study Job $1,470Federal Direct Subsidized Loan $3,500Federal Direct Unsubsidized Loan $2,000Direct PLUS Loan $5,446Total $36,408
JACOB is an average student academically,but from a family with high financial need. He willbe living on campus. Jacob was offered afinancial aid package including:Thiel Assistance $5,800Thiel Merit Award $9,500Federal Pell Grant $5,550State Grant $600Federal Perkins Loan $1,500Federal Work Study Job $1,470Federal Direct Subsidized Loan $3,500Federal Direct Unsubsidized Loan $2,000Parent Plus Loan $3,500Total $33,420
The sample financial aid packages above are intended forinformational purposes only. They are not intended to be aguarantee or contract to any student seeking financial aid with Thiel College.
Institutionally Funded Aid
Federal LoansDirect, Perkins & PLUS
Federal Grant Aid
State Grant Aid
Outside Grants
Outside (Private) Loans
Includes about 1%campus employment
42%
36%
8%
6%3%
5%
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An Education for Your Future
WITHIN YOUR REACH It can be mind-
boggling to sift through information about
financial aid, but it’s worth the effort!
Prospective students and their families
sometimes rule out colleges based on what
they think the school will cost, without
understanding what they might receive in
financial aid. However, the “net” price can be
quite different from a school’s sticker price.
Your own net cost at Thiel is likely to be
much less than what you expect. Last year,
Thiel gave $10,800,000 to students in funded
and unfunded grants and scholarships. Call
us or visit us online today and begin the
conversation about how to make your
education affordable at Thiel.
98%
With Thiel’s competitive
scholarships and access to
grants, we are often less
expensive than regional public
colleges and universities. More
than 98% of our students
receive financial assistance.
OPPORTUNITY KNOCKING A structured
internship as early as your first year. An
exploratory program providing personal career
guidance. More than 50 clubs and organizations
for building teamwork and leadership skills along
with friendships for life. Erie, Cleveland and
Pittsburgh within 90 minutes for internships, job
opportunities and entertainment. A Washington
Semester as a starting point for a permanent job.
A high acceptance rate for students who go on
to medical, dental, law and graduate programs.
10,000 alumni for professional networking.
An investment in a Thiel education opens doors!
13:1
Small classes mean more
individual attention, closer
mentoring, better career
preparation and increased
confidence. That's why our
small 13:1 student-to-faculty
ratio is so important. Thiel
professors will motivate you
to do your best.
C O M M I T T E D T O Y O U
L I F E L O N G E D U C A T I O N
Everyone at Thiel makes you feel
like family. They are there to
answer your questions. They get to
know you; you aren’t a number.
That’s what appealed to Matthew
and to me, more than anything.
SHARON SCHNEIDER MOTHER OF MATTHEW SCHNEIDER ’13 BUTLER, PENNSYLVANIA
I paid as much as my brother who
went to a state school. I loved it
at Thiel. If I needed to talk to a
professor about something,
they were always there.
LIZ SITKO ’10 BUSINESS COMMUNICATION/
BUSINESS ADMINISTRATION/INTERNATIONAL BUSINESS
HIRAM, OHIO4TYPES OF FINANCIAL AIDWhen you receive your financial aid package from Thiel,you’ll find information about the scholarships, grantsand/or loans that you are being offered.
SCHOLARSHIPS are based on academic merit orperformance in programs like music or theater.Scholarships do not have to be repaid. Most areawarded on a rolling basis at the time of yourapplication, but some have specific deadlines, so besure to talk this over with your admissions counselor.
GRANTS are funds offered to you that do not have to be repaid. Grants are usually based on financial need,not academic merit. Sources include the federal andstate governments, as well as Thiel College and privatefoundations.
LOANS must be repaid, with a payment structure setup just before you graduate from college. Educationloans come in the form of 1) low-interest student loans,available through Thiel or federal government funds, 2) low-interest parent loans funded through thegovernment or 3) private or alternative loans.
WORK STUDY PROGRAM is a federally funded,need-based program that helps students earn money oncampus to meet their costs. Work-study students receivepriority in finding jobs on campus.
OTHER SOURCES for financial aid outside of ThielCollege may be available. Grants and scholarships maybe available through your local church, employer andother civic or community organizations. Talk to youradmissions counselor for possible alternatives.
THE THIEL COMMITMENT Sometimes
students need an extra semester to finish
their degrees because of opportunities like
internships, service learning or study
abroad. These opportunities are an
important part of the college experience
and Thiel makes them affordable for
students by significantly reducing tuition in
the ninth semester—a 60% discount for
qualifying students! On the other hand,
some students are able to transfer in AP or
college credits and graduate in 3.5 years,
thereby saving a semester’s tuition. Either
way, you win on your investment at Thiel!
Learn more at www.thiel.edu/commitment.
step
sFINANCIAL AID 101
Applying for financial aid at Thiel is
an easy four-step process.
Fill out and submit an application
for admission to Thiel College.
After January 1, complete and
submit the FAFSA form online.
Upon acceptance, your official
financial aid award will be sent to
you shortly after we have received
the results of your FAFSA.
Accept award package prior to
enrollment.
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SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
SEP Accepting fall applications.
OCTMake sure application,letter of recommendation,ACT/SAT scores and yourHS transcripts are sent.
NOVReceiveadmissiondecision.
DECMake sure to applyfor a FAFSA PIN forboth students andparents.
JAN PresidentialScholarshipCompetition
FEBAcademicDepartmentalScholarshipCompetition
MAR•Fin Aid packets begin going out•Juniors: Start planning to takethe ACT or SAT
•New Student Registration Day #1 for fall
MAY New StudentRegistrationDay #3
JUN New StudentRegistrationDay #4
JUL New StudentRegistrationDay #5
AUGFreshmenMove-in Day!
FALLThiel admission counselors travel the country visiting high schools andcollege fairs. Take advantage of this opportunity to talk to your admissionscounselor and learn more about Thiel College. Visit Thiel’s campus, take atour, meet a professor or coach and see what our campus has to offer you.Personal Visits or Preview Days are two of the best options.
JAN & FEB•FAFSA is now available to fill out for fall.•Receive your W-2 tax forms and completetaxes in order to complete the FAFSA.
•Send in 7th semester grades to showimprovement.
MAR Acceptedstudents make1:1 visits tocampus.
APR New StudentRegistrationDay #2
SUMMERJuniors and Sophomores: Start to visit Thiel witheither a Personal Visit or one of our Preview Days.It is never too early to start your college search.
Visit www.thiel.edu/finaid to see what you should be doing right now.
JUNE Housingassignmentsbegin for fall.
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