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38

Grants

THE MASTER'S

UNIVERSITY

GRANT

Awarded to students based on academic achievement and financial need.

Students must be enrolled full-time. Annual application required.

Varies

INTERNATIONAL

STUDENT

Awarded to new and continuing international students. Based on financial

need and academic achievement. Annual application required.

Varies

CHRISTIAN

MINISTRY

DEPENDENT

Awarded to full-time students demonstrating need, who are dependents of

full-time Christian ministry personnel who provide the family’s primary

support and whose ministries are consistent with the mission of TMU.

Annual application required.

$3,000

per year.

MINISTRY

MATCHING

GRANT

Awarded to students who receive sponsorship from a Christian ministry.

TMU will match, on a dollar-for-dollar basis, up to a total of $1,500 per

student as long as funds remain available. Annual application required.

Up to $1,500

per year.

PASTOR AND

MISSIONARY

DEPENDENT

Awarded to full-time students demonstrating need, who are dependents of

full-time pastors or missionaries who provide the family’s primary support

and whose ministries are consistent with the mission of TMU. Annual

application required.

$5,000

per year.

CAL GRANT

Awarded to low and middle income California residents. Based on need and

GPA. Student must be enrolled in at least a two-year program. Annual

application required.

Up to $9,084

per year.

PELL GRANT

Federal program, based on need. Annual application required.

Up to $5,815

per year.

SUPPLEMENTAL

EDUCATION

OPPORTUNITY

GRANT

Federal program, based on need. Also must be eligible for Pell Grant (see

above). Annual application required.

Up to $1,000

per year.

JOHN R. DUNKIN

ALUMNI

SCHOLARSHIP

Available for the dependent children of graduates (with bachelor's degree

conferred) of Los Angeles Baptist College, The Master’s College, or The

Master's University. The applicant must demontrate financial need, be

attending TMU full time and have a minimum cumulative GPA of 2.0.

$2,000

Loans

SUBSIDIZED

FEDERAL

STAFFORD LOAN

Need-based, fixed rate, low-interest student loan in which the government

pays the interest while the student is enrolled at least half-time (6 units). Loan

is deferred until 6 months after the student graduates or drops below half-

time.

Up to

$3,500(Fr)

$4,500 (So)

$5,500(Jr&Sr)

UNSUBSIDIZED

FEDERAL

STAFFORD LOAN

Fixed rate, low-interest student loan in which interest accrues while the

student is enrolled at least half-time (6 units). Loan is deferred until 6 months

after the student graduates or drops below half-time.

Up to

$3,500(Fr)

$4,500 (So)

$5,500(Jr&Sr)

FEDERAL PLUS

LOAN FOR

PARENTS OF

UNDERGRADUATE

STUDENTS

Fixed rate loans available to parents of undergraduate dependent students

with no adverse credit history. May borrow up to the cost of attendance less

any other financial aid. Annual application required.

Varies.