Introduction
It is the policy of the University to offer the student
a quality education at the lowest possible cost. The
charge to students is only a portion of the total
cost of their education. Additional funds are derived
from gifts to the University from a dedicated Christian
constituency. Thus, in effect, every student receives
scholarship aid.
It is the desire of the University to assist the
student by providing the most practical and efficient
approach to the matter of finances. We believe that
a full student financial aid program, including grants,
scholarships, loans (for students who qualify) and
employment, offers any student a realistic opportunity
to finance a college education.
Philadelphia Biblical University offers traditional
undergraduate
applicants both academic scholarships and need-based
grants, as well as on-campus student employment to
qualified international students. The maximum PBU
need-based grant is 50% off tuition, while the maximum
PBU academic scholarship is 75% off of tuition. The
maximum combined total of academic scholarship and
need-based grant for applicants receiving both sources
of aid is 50% off of tuition. In order to be considered
for admission and for PBU financial aid international
applicants must fully complete the International Financial
Aid Form (IFAF) and submit the documentation requested.
Although eligible for the above institutional scholarships
and grants, international students normally do not
qualify to receive financial aid from U.S. Federal
and State grant and loan programs. Philadelphia Biblical
University scholarships and need-based grants are
not available to students at the PBU Wisconsin Wilderness
Campus.
The Financial Aid Department is available to assist
students and their families by providing advice and
suggestions which are suitable for the individual's
personal financial status. Additional information
on any of the financial aid programs may be secured
by contacting the Financial Aid Office online or via
phone at 215.702.4246.
Graduate School students can familiarize themselves
with financial aid policies by visiting the Graduate
School Admissions and Financial Aid pages.
ADVANCE program students can familiarize themselves
with financial aid policies by visiting the Advance
Program Admissions and Financial Aid pages.
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Qualifying for Academic Scholarships
Academic scholarships at Philadelphia Biblical University
are offered on a competitive basis to full-time international
students. Award criteria are based on the Grade Point
Average (GPA) of applicants' previous academic work
(click here for more information about the GPA grading
system at PBU) and on the strength of additional application
materials submitted. Students who receive an academic
scholarship of 55% or more are not eligible to receive
a PBU need-based grant.
Maintaining Eligibility for Academic Scholarships
The academic records of students who were offered
academic scholarships at the time of admission are
reviewed at the end of each school year in order to
determine eligibility for continued financial aid.
Students whose GPA has decreased at the time of evaluation
will have their scholarship adjusted accordingly.
Students desiring continued financial aid must pass
a minimum of 67 percent of the cumulative number of
credit hours attempted. Personal consideration may
be made in cases where hardship, illness or extenuating
circumstances cause a minor deviation from the above
standard. Withdrawals from courses and / or from the
University during the established drop/add period
are not counted toward quantitative progress. A student
whose GPA decreases is eligible only for the academic
scholarship amount corresponding with the new GPA.
If a student loses eligibility due to this policy,
reinstatement of aid is made once the student again
reaches the required GPA minimum.
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Qualifying for Need-Based Grants
Need-based grants at Philadelphia Biblical University
are calculated based on the need of full-time applicants.
Need is defined as cost of education minus the EFC
(Expected Family Contribution). The maximum possible
combined total for students receiving an academic
scholarship and a need-based grant is 50% off of tuition.
Maintaining Eligibility For Need-based Grants
Accepted international applicants receiving need-based
grants must maintain the following Grade Point Average
(GPA) levels during their studies and must complete
the International Financial Aid Form (IFAF) each year
in order to be considered for continued need-based
grants. The academic records of students who were
offered need-based grants at the time of admission
are reviewed at the end of each school year in order
to determine eligibility for continued financial aid.
|
Maintaining Need-Based Grants
|
| Academic
Progress |
Required
Minimum GPA |
|
After 24 credits
After 48 credits
After 72 credits
After 100 credits
After 128 credits
|
1.00 GPA
1.50 GPA
1.80 GPA
1.90 GPA
1.90 GPA
|
Students desiring continued financial aid must pass
a minimum of 67 percent of the cumulative number of
credit hours attempted. Personal consideration may
be made in cases where hardship, illness or extenuating
circumstances cause a minor deviation from the above
standard. Withdrawals from courses and / or from the
University during the established drop/add period
are not counted toward quantitative progress. If a
student loses eligibility due to this policy, reinstatement
of aid is made once the student again reaches the
required GPA minimum.
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|
Other
Scholarships
|
| Type |
Eligibility |
Forms/Deadlines |
Annual
Awards |
Comments |
Program(s)
|
| Music
Scholarship |
The
Music Department annually awards entering music
majors scholarships in the categories of voice,
piano, organ, strings, brass, woodwinds, percussion
and composition. |
Audition
with the Music Department is required |
Awards
range from $3000 to $15,000 total for five years. |
One-fifth
of award is applied toward student’s tuition
each year he/she is in the music program |
Traditional
Undergrad Program Only
(Not WWC, Advance, or Graduate School) |
| Church
Matching Grant |
Students
receiving gifts from their home church have the
amount matched with PBU funds |
Application
available from PBU’s Financial Aid Office
Applications must be submitted to PBU’s Fin
Aid Office by August 15 and checks received by
September 1 |
Up
to $500 annually |
One
award per year; credited toward fall semester
Available at ALL campuses |
ALL
Programs |
| Friends
of Israel Institute of Jewish Studies Scholarship |
Full-time
students enrolled in the Friends of Israel Institute
of Jewish Studies |
FAFSA must be filed. Scholarship application available
upon request from the Friends of Israel Institute
of Jewish Studies office.
E-mail:
foi-isj@pbu.edu
|
Varied
one-time award |
Special consideration is given to those involved
in or committed to Jewish missions |
Same
as Above |
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On-Campus Employment
International students holding F-1 status may request
to work on campus. Final earnings depend on the availability
of on-campus jobs, the specific work schedules chosen
by students and / or their employers, and the U.S.
Federal and State taxes deducted from each bi-weekly
paycheck.
In order to assist students to secure part-time and
summer employment, the University maintains a student
employment service as part of the Financial Aid Office.
The success of this endeavor is shown by the fact
that approximately 85 percent of the students hold
part-time jobs. On-campus jobs are available in the
areas of maintenance, security, food service, housekeeping
and clerical services.
