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800 Martinsburg Road
Mount Vernon, OH 43050

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ScholarshipsFirst-Time Freshmen

Freshman Scholarships

These awards were for the 2021–2022 academic year.

ACADEMIC AWARDS

In careful response to the impact of COVID-19, admissions into MVNU for the 2021-2022 academic year have been adjusted to be test optional. This means we will review applications in a holistic manner using high school GPA and the completed courses to help determine admissions. Because ACT/SAT participation will be impacted this year, our academic scholarships will be based completely on the student’s high school cumulative weighted or unweighted GPA. No other criteria will be used to determine these scholarship amounts.

GPA
Founders Scholarship $18,000 4.0+
Heritage Scholarship $16,500 3.75-3.99
Achievement Scholarship $14,500 3.0-3.74
Recognition Scholarship $11,000 2.5-2.99
Promise Grant $6,000 <2.5
 

MERIT AWARDS

University Scholars Fellowship Competition Full Tuition
Presidential Academic Up to $5,000
Honors Program Scholarship $1,000
 

OTHER AWARDS

Diversity Leadership Scholarship Program (DLSP) Up to $4,000
Nazarene Pastor or Missionary Dependent** $6,500
Pastor or Missionary Dependent $2,500
Nazarene Challenge** $2,500
Athletic Scholarships Varies
Music Scholarships Up to $5,000
Institutional Ministerial $1,000
Esther Buchwald Art Scholarship Varies (portfolio required)


**Nazarene Pastor or Missionary Dependent and Nazarene Challenge may not be combined.

University Fund Scholarship — Varies (need-based on FAFSA and remaining need)

Federal Pell Grant — up to $6,345 (need-based, determined by FAFSA)

Federal Supplemental Education Opportunity Grant - $500 (need-based, determined by FAFSA, limited funding)

Federal Work Study Eligibility — Unlike a federal Pell grant or scholarship, you won't get work study funds for free – you will have to work for them. Up to $1,800 (need-based by FAFSA; must secure job to receive)

 Federal Direct Unsubsidized Loan — at least $2,000 (non-need-based, subject to a 1.057% Department of Education origination fee, interest accrues immediately at 3.73% rate, deferred until 6 months after graduation or not enrolled)

Federal Direct PLUS Loan — Varies (Loan in parent's name requires credit check. Awarded on difference between financial aid and direct costs. Subject to a 4.228% Department of Education origination fee, 10 year term, 6.28% interest rate)

Federal Direct Subsidized Loan — up to $3,500 (need-based, subject to a 1.057% Department of Education origination fee, interest accrues immediately at 3.73% rate, deferred until 6 months after graduation or not enrolled)

Fast Facts
$6,000 less

MVNU costs $6,000 less than the average private college.

$37+ million
in aid was awarded last year.
26th Best Value

small college out of nearly 1,000 schools in the nation. (Best Value Schools)

MVNU is ranked in the top 5% for Best Value by CollegeFactual.com.
For More Info
Financial Aid Office