Scholarships & Aid

FINANCING YOUR FUTURE

A high-quality Christian education from Regent is a wise investment. Our financial aid team works closely with you to design an aid package that best fits your situation, including federal, state, private and school-funded scholarships to help pay for college. Your dream of a college education is within your reach — let us help you complete your student financial aid process.

Below are some ways we are helping to make college more affordable. Explore these federal, state, private and institutional aid opportunities:

Institutional Aid

Regent offers a number of scholarships through the College of Arts & Sciences. We encourage you to apply for these scholarships, where applicable.

Scholarships & Grants

Regent University matches your church or ministry’s contribution to your education, dollar-for-dollar, up to $750 per semester. For fall and spring enrollment, this means you may be eligible to receive $1,500 from Regent University in conjunction with your church or ministry’s gift!

  • An eligible student will receive an award of $500 annually split between fall and spring semesters.
  • An eligible student will be one of the following:
    • An HSLDA member
    • A dependent child of an HSLDA member
    • A spouse of an HSLDA member
  • Award renewals require the maintenance of good academic standing as noted in the Undergraduate Catalog.

Award decisions are determined automatically using academic information gathered during the admissions process. A separate award application for merit scholarship consideration is not required.

Incoming Freshmen
Regent University calculates an “Academic Index,” based solely on a combination of high school GPAs and SAT/ACT/CLT test scores, for each applicant with fewer than 15 transferable college credits. Incoming freshman with more than 15 transferable credits from dual enrollment, AP, or IB coursework during high school will also receive an academic index.

Average academic profiles and associated merit scholarships for a previous incoming freshman class were:

Scholarship & Amount High School GPA SAT Composite ACT Composite
Founder’s Scholarship ($9,000) 4.0 1250 29
Trustee’s Scholarship ($8,000) 3.94 1180 25
Honors Scholarship ($7,000) 3.65 1030 23
Achievement Award ($5,000) 3.16 1000 20
Royals Award ($2,000) 3.00 950 18

Listed award amounts are annual totals. Awards are split between fall and spring semesters and are unavailable during the optional summer semester.

For Honors Program consideration, you must be an accepted student to Regent for the fall semester. Your Honors Program application must be completed by March 31 for consideration preceding the semester of desired entry. Other requirements:  You must be a high school senior to apply, with these minimum academic achievements: 1250 SAT, 3.7 High School GPA.

Honors Program benefits include:

  • Free books for all Honors core classes
  • Extensive mentorship and leadership training by faculty
  • Priority class registration
  • Travel funds provided for juniors/seniors on a competitive basis
  • $2,500 annual scholarship

Students must be formally admitted to the program in order to participate. Associate of Arts, Associate of Science and Bachelor of Applied Science degree students, IDS students, Nursing students, and students participating in Fast-Track degrees (3-year completion) are not eligible to participate in this program. Also, the Honors Program is not available online. Honors students will be required to maintain a minimum GPA of 3.0.

Learn more and apply

  • An eligible student will receive an award of $500 annually split between fall and spring semesters.
  • An eligible student must be:
    • The grandchild, child, or sibling of a CBN or Regent University alumnus
      • Individuals are considered alumni if they have graduated and received a degree from CBN or Regent University
  • Award renewal requires the maintenance of good academic standing as noted in the Undergraduate Catalog.

Dependent children of active-duty military service members or honorably discharged veterans and retirees may be eligible for a $1,000 award per year.

  • A generous on-campus undergraduate tuition scholarship is available to the NCFCA Champion in each of the following categories:
    • Team Policy (including Speaker)
    • Apologetics
    • Biblical Presentation
    • Biographical Narrative
    • Duo Interpretation
    • Extemporaneous
    • Illustrated Oratory
    • Impromptu
    • Informative Speaking
    • Lincoln Douglas
    • Moot Court (including Best Advocate)
    • Open Interpretation
    • Original Interpretation
    • Persuasive Speaking
    • Speech Sweepstakes
  • Please reach out to your Enrollment Counselor for additional details and specifications on the scholarship.

Regent University is pleased to award two scholarships to National Merit Scholarship Finalists and Semi-finalists in recognition of their achievement.

National Merit Finalist

National Merit Finalists are eligible to receive a 100% tuition scholarship from Regent University. This award does not apply to fees and/or student housing.

Disbursement requires the maintenance of a 3.3 GPA and full-time enrollment.

National Merit Semi-finalist

National Merit Semi-finalist are eligible to receive a $10,000 tuition scholarship from Regent University. This award does not apply to fees and/or student housing.

Disbursement requires the maintenance of a 3.0 GPA and full-time enrollment.

  • Need-based grants are determined automatically if a student has submitted the Free Application for Federal Student Aid (FAFSA)
  • Financial need is determined using a combination of FAFSA information and University-set parameters.
  • Award amounts will vary depending on University-determined financial need
  • Financial need and need-based grants are re-evaluated each year after students submit a new FAFSA application. If you receive a need-based grant, it can and will change annually depending on your FAFSA-determined EFC (Expected Family Contribution).

NOTE: CAS strongly encourages all students to complete the FAFSA in order to ensure the most accurate review of financial aid eligibility. Students who opt out of completing the FAFSA will not be considered for Regent University’s need-based grants.

INVESTMENT GRANT – the only grant automatically calculated for each student off of the FAFSA.
This grant is designed to cover gaps between financial aid availability and pre-determined estimates of individual financial need. If you receive a scholarship, grant, book voucher or additional form of gift aid funded by Regent University your Investment Grant award will be reduced by the amount of your new Regent University funded award. If you receive gift aid from a source other than Regent University your existing Investment Grant award will only be reduced as mandated by the terms & conditions of the new award. Standard award stipulations commonly include limitations on what the funds can be used to cover (tuition only, or up to the students cost of attendance).

  • An eligible student will receive a reduced tuition rate of $250 per credit hour.
  • An eligible student will be one of the following:
    • A current officer of the National Oceanic and Atmospheric Administration or United States Public Health Service.
    • A former officer of the National Oceanic and Atmospheric Administration or United States Public Health Service.
  • An eligible student will receive a reduced tuition rate of $250 per credit hour.
  • An eligible student will be:
    • College Program Army and Navy ROTC students

Note: Regent University reserves the right to change or alter any scholarship requirements, deadlines or award amounts.

Federal Aid

The U.S. Department of Education awards about $150 billion a year in financial aid through grants, student loans and other programs. Some federal aid is gift aid, or grants, that do not need to be paid back; while other aid consists of student loans that must be repaid. To be considered for federal aid, you must complete the FAFSA.

Parent PLUS Loan
Pell Grant
Stafford Loans
TEACH Grant

State Aid

State aid is funded by your state of residence. Regent accepts all state aid, but options for out-of-state students can be limited. Typically, states provide aid to encourage residents to pursue education within their home state, but some out-of-state aid is available.

In-State Students

Virginia Community College Transfer Grant
Virginia Tuition Assistance Grant
Virginia Teaching Scholarship Loan Program

Out-of-State Students
Find contacts for your state to learn about financial aid for out-of-state students.

Private Aid

Private aid is aid funded by an external organization. This aid can be in the form of scholarships, loans or grants to help pay for college.

Private grants and scholarships are typically considered as gift aid that you will not be required to repay. Many grants and scholarships can be combined, so apply for as many as you can. There are thousands of options available, but some will have very specific eligibility criteria.

Explore private scholarships
Discover private scholarship search engines

Private loans are based on your credit history and must be repaid. Students are encouraged to avoid taking out private loans if possible because these loans usually have higher interest rates and are not eligible for federal repayment plan options.

Learn more about private loans
Comprehensive Private Loan Lender List

HOW TO APPLY FOR FINANCIAL AID & SCHOLARSHIPS

Reaching your educational and career goals while maximizing your financial aid starts here. By completing the steps to apply for financial aid outlined here, you can help make earning your degree more affordable.

Steps to Aid

Regent Steps-to-aid Checklist

Follow These Steps to View Your Billing Account Summary in Genisys:
(Amount due, fees and the date and amount of your refund)

  • Go to the Bill and Payment Center Tab
  • Click “Continue”
  • Click “View Activity”
  • Select the Semester in Question

Important Contact Information:

FAFSA Information

FAFSA Aid – Free Application for Federal Student Aid

Submitting the FAFSA on the web is the fastest way to apply for federal student aid. You will get your result 7 to 14 days faster than if you mail in a paper application. This page has been designed to help you in understanding FAFSA and submitting the FAFSA on the web. Please read the tips before you submit the FAFSA on the web. Regent University’s FAFSA school code is 030913.

All students filing out a FAFSA on the web need to first request an FSA ID. The FSA ID is the identifier to let you access personal information in various U.S. Department of Education systems. The FSA ID is required to submit the online Renewal FAFSA or to make online corrections to your FAFSA.

  • Your Social Security card and driver’s license
  • Your income tax return
  • Your W-2 forms
  • Untaxed Income Records (i.e.: Social Security Temporary Assistance for Needy Families, veteran’s benefits)
  • Current bank statements, records of stocks, bonds and other investments
  • Business or farm records (if applicable)
  • Your alien registration card (if you are not a U.S. citizen) You will need income records for the year prior to when you start school.
  • FAFSA Information 2018 – 19 (Academic Year August 2018 – July 2019) Provide tax data from the 2016 tax year.
  • FAFSA Information 2019 – 20 (Academic Year August 2019 – July 2020) Provide tax data from the 2017 tax year.
  • Save Your FAFSA: Save your application frequently using the “Save” button at the bottom of the screen. That way, if you lose your Internet connection, you’ll have a copy of the FAFSA data you’ve already entered.
  • Get Help: To get an index of help topics, click on the Help button. For more information call 1.800.4.FED.AID.
  • Don’t Erase Your Form: Use the “Exit” button with caution. Selecting this button and answering “OK” to the prompt that appears will erase every answer on your FAFSA.
  • Print Help Topics: To print the text for a help topic or a Frequently Asked Question, open the help window then:
    • For Windows users, press the Ctrl and P keys at the same time.
    • For Mac users, press the command and P keys at the same time.
  • Sign Your Application: If you print the signature page, you need to sign it and mail it. If you have stated that you want to electronically sign your application you need to obtain a PIN.
  • Submit Your Application: Be sure to click the “Submit” button. You will be taken to a new web page that confirms your submission and gives you a confirmation number.

Q: Does it matter if I type my answers in upper-or lowercase letter?
A: No. All letters will be converted to uppercase when you submit your FAFSA.

Q: Should I leave financial questions blank, enter 0 (zero) or N/A?
A: If a financial question doesn’t apply to you, you can either leave it blank or enter 0 (zero). Do not type N/A into the answer field.

Q: If my answer to a financial question includes cents, do I round off to the nearest dollar, or do I include cents in my answer? What about commas?
A: No. Do not enter a decimal point or cents. Instead, round off your answer to the nearest dollar and type in this amount. Do not enter commas.

Forms

How to Get Financial Aid

As a financial aid applicant you will need to submit various forms to determine your eligibility, apply for a scholarship or appeal an ineligible status. Most forms are academic year specific, so please select the appropriate academic year below.

2018-2019 Academic Year (Fall 2018 – Summer 2019)

How to Submit Your Forms

As a financial aid applicant you will need to submit various forms to determine your eligibility, apply for a scholarship or appeal an ineligible status. Most forms can be returned electronically, or via fax or email. However, some financial aid forms and documents require original signatures and must be mailed or hand delivered to:

Student Financial Aid
1000 Regent University Drive
Virginia Beach, Virginia 23464

View forms that require original signatures.

Forms that do not require original signatures can be emailed to faforms@regent.edu or faxed to 757-352-4118.

FERPA Waiver Form

Regent University will not release an enrolled student’s financial information to their parents/guardians or another third party unless the student has completed and submitted a FERPA Waiver Form to the Registrar’s Office allowing us to do so.

Policies

  1. With the exception of the federal Pell Grant, third-party sources authorizing such, and certain university stipend programs, no combination of scholarships and grants may exceed 100 percent of tuition. University-funded financial aid is only applicable to tuition charges for courses taken at Regent University. University-funded financial aid is not applicable to study abroad programs.
  2. Tuition is due and payable in full by the published deadline regardless of any pending financial aid (loans or grants). A Tuition Installment Plan (TIP) is available for a nominal fee. Contact the Business Office for more information. Failure to make payment by the established deadline will result in a late fee.
  3. To receive school-based awards, students must meet the eligibility criteria set out in the awarding school’s financial aid guide. If you need a copy of these guidelines, please contact your school(s) of enrollment.
  4. Many schools at Regent require annual resubmission of financial aid applications. Contact your individual school for more information.
  5. Any person who knowingly makes a false statement or a misrepresentation in his or her request for financial aid shall be subject to the provisions of Regent student discipline policies, the United States Code and/or the Code of the Commonwealth of Virginia, whichever is applicable.
  6. Federal student loans, Pell Grant and Virginia Tuition Assistance Grant Funds (VTAG) are conditional upon regulations/legislation in effect at the time of disbursement.
  7. All financial aid is to be used solely for expenses related to attendance at Regent University. Institutional scholarships will not be applied to charges related to non-Regent study abroad programs.
  8. Financial aid recipients who withdraw during a term, or reduce their academic load below the required minimum hours for the aid received, are subject to the provisions of the university refund policy and “Return of Title IV Funds Aid Policy” available from the Business Office. You must notify Student Financial Aid if you are enrolled, were enrolled or will be enrolled at another institution during the same award year as you are in attendance at Regent and you receive, or will receive, the Federal Pell Grant or Federal Stafford Loan (or Federal Direct Stafford Loan).
  9. You must be enrolled at least half-time as a regularly enrolled student in a degree-seeking program to be eligible for loans, Federal Pell Grants and most other aid available. Based on the policy defined by the University Academic Council, five hours are considered half-time for the fall and spring semesters for graduate students, three hours for doctoral students and six for undergraduate students. For the summer, three credits are considered half-time for graduate students. There are few exceptions to this definition (i.e., Ph.D. dissertation, etc.). Undergraduate students must enroll for at least six credit hours each semester (including the summer) to be considered a half-time student. Contact Student Financial Aid for more information.
  10. If you receive additional aid (scholarships/grants) or other outside resources, your awards must be modified. Notify the Student Financial Aid of any additional resources not previously included that are available from other resources such as loans, scholarships, grants, Social Security benefits, veterans’ benefits, employer tuition payment plans and other educational assistance. Failure to do so before the first financial aid disbursement will result in a potentially significant lower subsequent disbursement. In some cases it may result in having to repay a portion of the aid received.
  11. Any student who receives financial aid funds, but does not attend any of the classes (or complete any distance coursework) for which the disbursement was made, is required to have the entire amount returned to the funding entity immediately. This is done by returning the payment received to Regent. Regent will, in turn, refund it to the funding entity on the student’s behalf. This may result in a balance due to the university.
  12. SATISFACTORY ACADEMIC PROGRESS
    To qualify for aid processed through the Student Financial Aid Office, a student must be making Satisfactory Academic Progress (SAP) toward the completion of a degree program. If a student fails to meet the standards summarized below, the student will be placed on financial aid warning for the next semester of enrollment. During the financial aid warning semester, the student will be eligible to receive federal aid but must meet the standards by the end of that semester to have continued eligibility. A student will remain ineligible until the standards are met. If a student is declared ineligible, he or she may appeal to the school of enrollment for reinstatement. To be considered making SAP, a student must:

    • Complete at least 50 percent of all credits attempted
      (67 percent for undergraduate)
    • Cumulative GPA of at least 3.00
      (2.00 for law and undergraduate students; 2.50 for M.Div. students)
    • You must complete your degree within the following time frame:
      • Graduate: five years
      • Undergraduate: six years
      • Doctoral (non-JD): seven years
        Time is measured as of your first term of enrollment at that level, inclusive of periods of non-attendance.
      • Learn more about SAP and read the full policy.
  13. FEDERAL PELL GRANT
    The Federal Pell Grant is available only for those students in the undergraduate program. You must be admitted and enrolled as a regular degree-seeking student to be considered for eligibility. The grant is normally awarded for fall and spring semesters. If a student is not able to utilize the maximum annual Pell Grant amount in fall and spring, then a subsequent award may be made for the summer, if otherwise eligible. The grant is paid typically once per semester, after your attendance is confirmed in the second course (six credit hours) of the term. Your participation/attendance must be confirmed in all courses for which Pell Grant payment is based. If you add or drop courses during the term, your Pell Grant is subject to adjustment. You may not receive the Federal Pell Grant at more than one institution in a term.
  1. Private loans are not guaranteed; rather, they are based on your credit history. By accepting the loan you are giving permission to the lender to pull your credit history. If the lender determines you are not creditworthy, you will be denied or required to obtain a co-signer. Final notification of approval or denial for private loans is made by your lender.
  2. Grad PLUS Loans are not guaranteed; rather, they are based on your credit. By accepting the loan you are giving permission for the lender to pull your credit history. If the lender determines you are not creditworthy, you will be denied. Final notification of approval or denial for the Grad PLUS Loan is made by your lender.
  3. If your parent is applying for a Parent PLUS Loan, the Parent PLUS application must be completed at www.studentloans.gov. Parent Plus Loans are not guaranteed; rather, they are based on your parent’s credit. By accepting the loan and submitting the Parent PLUS application you are giving permission for the lender to pull your parent’s credit history. If the lender determines your parent is not creditworthy, your parent will be denied. Final notification of approval or denial for the Parent PLUS Loan is made by your lender.
  4. Loan recipients must notify Student Financial Aid in writing of any change in enrollment status, address or family financial circumstance.
  5. Student Loan Disbursements: student loans are disbursed in at least two equal amounts. Single term loans may be disbursed in one disbursement. Example: a loan for fall/spring will come one half in fall and the other half in spring. A fall only loan will have the entire amount arrive at once.
  6. Students will not receive any excess loan funds above university charges sooner than the last business day before the start of the term if all requirements are met and loan funds have arrived. Please come prepared to cover initial expenses, including book costs. Educational loans are not intended to cover moving expenses or initial utility deposits.
  7. Student Loans Disbursed by Paper Check: If your loans are disbursed by paper check, rather than EFT, the check will require your endorsement, as it will be made co-payable to Regent University and the student. The loan check will be available for your endorsement in the Business Office. You will not be eligible for any funds in excess of your tuition charges until you endorse the check and the Business Office produces a refund check for the correct amount.
  8. Federal and Private Loans: Lenders will send you a NOTICE OF LOAN GUARANTEE AND DISCLOSURE STATEMENT that indicates the amount of the loan that has been guaranteed on your behalf. This notice contains an anticipated disbursement date. This is NOT a definite date of when funds will be available to you. It is the date the lender anticipates wiring funds to Regent (if an EFT lender) or cutting the checks to mail to Regent (if you are using a lender that processes paper checks). Refunds will be issued after the 100% add/drop period, approximately 17 days after the first day of class. Please check our Important Dates Page for more information.
  9. ALL FIRST-TIME FEDERAL STAFFORD LOAN BORROWERS at Regent are required to complete student loan entrance counseling before any funds may be credited to the student’s account. Entrance counseling may be completed online at www.studentloans.gov. You will be guided through a series of pages containing important information regarding student loans. You are encouraged to complete the entrance counseling requirement at least one week prior to the first day of class to help expedite the refund process. Please allow three to five business days from the time the entrance counseling is completed until the time you may pick up a refund.
  10. ALL student loan borrowers at Regent are required by federal law and/or Regent University or private lender policy to complete EXIT COUNSELING prior to ceasing enrollment on at least a half-time basis. Graduating students and those who drop to a less than half-time status are required to complete exit counseling. Exit counseling sessions can be completed online at www.studentloans.gov. Please allow 30 minutes to complete your session.
  11. Most commonly, loans will be calculated for only the fall and spring semesters. There are a few exceptions to this depending on your program of enrollment. If you are going to be taking classes during the summer term, please inform the Student Financial Aid Office by filling out the Summer Aid Request Form. Forms will be available online after the spring registration period is completed. If you have been awarded the maximum amount of $20,500 in Federal Stafford Loans for the fall and spring terms, and you choose to accept the full amount, you will not have any Stafford Loan eligibility remaining for the summer term. If you choose to attend the summer term, your loan eligibility will be available only through private loans and PLUS loans, which are based solely on your credit history.
  12. Your loan data will be submitted to the National Student Loan Data System (NSLDS) and will be accessible by guaranty agencies, lenders and institutions determined to be authorized users of the data system.
  13. Exhaust all other resources before you apply for a loan. Funds to help finance your education may be hidden in people or organizations you would not expect. Contact your employer, your church, family members or do an Internet scholarship search to see what types of aid might be available.
  14. Remember: Borrow only as much money as you really need.
  15. Maintain a loan file to keep all information pertaining to your student loans. You are responsible for knowing the name of your lender, their address and how much you borrowed. Law students will be asked this information on bar exam applications.

To qualify for federal financial aid a student must be making satisfactory academic progress (SAP). Federal financial aid includes federal loans, the Pell Grant, and theTEACH Grant.

SAP for financial aid is monitored on two standards:

  • Qualitative: Cumulative GPA in your level of study (undergraduate, graduate, doctorate, etc.)
  • Quantitative: Successful pace of completion of a minimum of 50 percent of all credits attempted in your academic transcript level in graduate/professional programs, and 67 percent of all credits attempted in the undergraduate level.

Important Dates

Please select the semester and session start date that is applicable to your enrollment plans.

Attention: Financial aid refunds are issued after the 100% add/drop period, approximately 17 days after the first day of class.

Nearly $24 Million
in Institutional Scholarships
& Aid for 2017-18
86%
of Regent students
receive financial aid