Financial Aid at Beacon College

FINANCIAL AID AT BEACON COLLEGE

MAKING YOUR EDUCATION AFFORDABLE, ACCESSIBLE & ACHIEVABLE

When you choose Beacon College, you’re investing in your future. Your experiences as a Beacon student will prepare you for a world of possibilities — whether your goal is to begin a career or continue advanced studies in graduate school. As a College, We’re Also Investing in You. Our goal is to help you successfully pursue your dream of a college education through both academic and financial support. We know the important role that financial assistance plays in your ability to attend Beacon. That’s why you can count on us to help you and your family receive the maximum financial aid possible based on your unique circumstances. What Types of Aid Are Available at Beacon? Every year, Beacon College students receive more than $17.5 million in financial aid from federal, state and privately funded sources. That includes more than $8.5 million in College-funded merit and need-based aid. A typical financial aid package includes one or more of these types of aid: Grants — Funds that do not have to be repaid and generally are need-based aid. They are awarded from federal, state, and Beacon College sources. At Beacon, many of our students also quality for state vocational rehabilitation grants. Scholarships — Funds that do not have to be repaid and usually are awarded on the basis of academic merit or talent. They may be awarded by Beacon or independent organizations. Loans — Funds that are borrowed to attend college from federal or private sources, and must be repaid with interest. Work-Study Employment — Funds earned from an on-campus job to help pay for educational expenses.

Before and during your time at Beacon, our Financial Aid staff is always ready to work with you and your family to help you identify, apply for and maintain your financial aid. Learn more BeaconCollege.edu

Average Beacon-funded grants for new students is $20,000

FINANCIAL AID AT BEACON COLLEGE

97% OF ALL BEACON STUDENTS RECEIVE

SOME FORM OF FINANCIAL AID

How Do I Apply for Financial Aid? For maximum financial aid consideration at Beacon College, you must complete the FAFSA (Free Application for Federal Student Aid) . The FAFSA is used to determine your eligibility for federal and state financial aid, as well as many Beacon-funded awards. Families traditionally start filing the FAFSA beginning October 1; however, in 2023, the 2024-25 FAFSA will not be available until December 2023. Get a head start by creating your student profile now — there is no need to wait until you are admitted. NOTE: If you plan to enroll at Beacon College in Spring 2023, you can file the FAFSA now using the 2023-24 form. Go to studentaid.gov to get started and apply. Be sure to include Beacon’s FAFSA code: 033733

Beacon College is recognized as an eligible institution for 529 Education Savings Plans or similar college investment funds nationwide. Contact Beacon’s Office of Financial Aid for assistance on how to apply funds. limit to qualify for aid, so be sure to file the FAFSA , even if you don’t think you qualify for aid. Worth Noting: Financial aid decisions are based on many factors. There is no set income

Financial Aid Basics FEDERAL AID PROGRAMS Federal Pell Grants are available to undergraduate students only and they do not have to be repaid. Your eligibility for a Pell Grant is determined by the FAFSA. The maximum 2023-24 award is $7,395. Federal Supplemental Educational Opportunity Grants are awarded to students with exceptional financial need and are based on Beacon’s allotment of funds, as determined by the federal government. Awards can range from $100 to $4,000 and do not require repayment.

STATE GRANTS Florida State Grants — Florida offers several state-funded financial aid programs to qualifying students who meet state residency requirements. They include the no-need Effective Access to Student Education (EASE) Grant and the Florida Student Assistance Grant (FSAG) for students significant financial need. For details, contact your high school guidance office or Beacon’s Financial Aid Office. Other States — Many states allow students to carry state aid with them to colleges outside of their home state. Check with your high school counselor on what programs might be available and how to file for assistance.

When filing the FAFSA be sure to include Beacon’s FAFSA code: 033733

VETERANS AID Beacon is proud to participate in the Yellow Ribbon Program for veterans and eligible dependents, as well as other Post-9/11 GI (Chapter 33) aid programs.

VOCATIONAL REHABILITATION GRANTS Vocational rehabilitation (VR) grants provide vital financial support for many Beacon students. One in five students receive a VR grant that can range from several hundred dollars to nearly $50,000 annually based on the student’s disability and need . VR is a jointly-funded federal/state program. The amount and type of grant funding varies by state, but Beacon’s educational programs are recognized more than 30 states because

Athletic Achievement Scholarships

Athletic scholarships ranging from $1,000 to full tuition are now available at Beacon College for talented student athletes. These funds are in addition to need-based aid from the College. To be considered, students must submit the FAFSA and Beacon’s athletic scholarship application. Contact Beacon Athletics at go.beaconcollege.edu/ athletic-recruitment

of the quality and depth of our services for individuals with disabilities. Learn about your state’s VR programs at rsa.ed.gov/about/states . You can also contact Beacon’s Office of Financial Aid to learn more. VETERANS AID Beacon is proud to participate in the Yellow Ribbon Program for veterans and eligible dependents, as well as the

Veteran Readiness and Employment (Chapter 31) and Survivors’ and Dependents’ Educational Assistance (DEA) (Chapter 35) programs. BEACON-FUNDED SCHOLARSHIPS & GRANTS Beacon Scholarships & Grants

Proud to be a Yellow Ribbon College

Beacon awards annually renewable funds ranging from $1,000 to $45,000, based largely on student need. Awards are calculated primarily using information provided in the FAFSA; no separate application needed (with the exception of the Athletic Achievement Scholarship). Pathway School Scholarships Students enrolling in Beacon from a Beacon Pathway School receive an automatic $10,000 annually renewable scholarship. If you attend a school that serves students who learn differently, email admissions@BeaconCollege.edu to see if you are eligible.

GET STARTED TODAY!

Use Beacon’s Net Price Calculator to get a preliminary estimate of federal, state and institutional aid that might be available for your family. (Note: You will need almost exactly the same information used to complete the FAFSA.) Visit our website for details at BeaconCollege.edu/finaid

FINANCIAL AID AT BEACON COLLEGE

Other Beacon Scholarships Beacon Achievement Scholarship Funded by an anonymous donor to

The following websites offer helpful information on federal financial aid and scholarships. Financial Aid Sites bigfuture.collegeboard.org ed.gov finaid.org salliemae.com/college-planning

Philip Harris Scholarship Provides scholarship assistance for eligible Beacon students. Award Range: $1,000 annually Renee Keller Scholarship Provides scholarship assistance for eligible Beacon students. Award Range: $1,000 to $5,000 annually Pospyhalla Scholarship Created in honor of late Beacon senior Mitch Pospyhalla to provide scholarship assistance for rising juniors and seniors at the College. Award Range: $2,000 annually S & E Scholarship Fund Funded by an anonymous donor to provide scholarship assistance for eligible Beacon students. Award Range: $1,250 to $5,000 annually

recognize the academic achievement of eligible Beacon students. Award Range: $5,000 to $15,000 annually Beacon Scholars Funded by an anonymous donor to provide scholarship assistance to an incoming Beacon freshman. Award Range: $5,000 annually renewable for up to four years Jack Brett Scholarship Founded by James T. and Patricia Brett to in memory of Jack and the Brett Family of Boston. Provides scholarship assistance for rising sophomores and juniors. Award Range: $1,000 annually Edward & Lisbeth Fogg Scholarship Founded by The Edward C. Fogg, III & Lisbeth A. Fogg Charitable Trust to provide scholarship aid to Beacon students based on merit and financial need. Award Range: $2,500 annually

studentaid.gov understood.org Scholarship Sites fastweb.com goingmerry.com scholarships.com

scholarships360.org scholarshipowl.com unigo.com/scholarships

What If Financial Aid Doesn’t Meet All Our College Expenses?

If you don’t qualify for aid or if your financial aid package will not cover your expenses, our Office of Financial Aid can help you and your family identify alternative financing options, such as low-interest federal or private loans . Beacon also offers a convenient, interest-free monthly payment plan .

105 East Main Street Leesburg, Florida 34748 BeaconCollege.edu

Have questions or want to learn more? Beacon offers regular online Financial Aid Workshops as well as one-on-one support by phone, online, or on campus. Contact us to learn more: Phone: 855-220-5374 (Toll Free) Email: FinancialAid@BeaconCollege.edu Website: BeaconCollege.edu/finaid

WE’RE HERE TO HELP!