Institutional aid

Presidential Scholarship: We review each student individually and award annually-renewable scholarship money based on academic performance and academic potential. If you would like to be considered for the Presidential Scholarship, simply apply for admission or speak to someone in our Admissions Office at 212-659-3610.

Visit Scholarship: We understand that visiting colleges can be costly, and visiting a college in New York City is no exception. We also know the value of actually seeing the college you’re considering—meeting students and faculty, touring the campus and student apartments, and exploring your potential new neighborhood. For students who visit The King’s College during their Senior year of high school and enroll at King’s the following fall we will award a one-time $1,000 Scholarship to help defer the costs of the visit. This scholarship also applies to transfer students who visit during the academic year leading up to their enrolling at King’s.

Early Action Scholarship: Completing the admission process early allows both the student and The King’s College to better prepare for the student’s arrival. As a reward to students who take initiative to complete the enrollment process early, we will award a one-time $1,000 Scholarship. To qualify for this scholarship, a student must (1) Apply for Admission prior to November 15th, (2) submit all necessary documents for admission by December 15th, and (3) submit their enrollment deposit and sign their letter of intent by March 15th.

Federal aid (More information available at www.studentaid.ed.gov)

PELL Grant

• A Federal Pell Grant, unlike a loan, does not have to be repaid. Pell Grants are considered a foundation of federal financial aid, to which aid from other federal and nonfederal sources might be added.
• The maximum Pell Grant award for the 2008-09 award year (July 1, 2008 to June 30, 2009) is $4,731. The maximum can change each award year and depends on program funding. The amount you get, though, will depend not only on your financial need, but also on your costs to attend school, your status as a full-time or part-time student, and your plans to attend school for a full academic year or less.

Federal Supplemental Educational Opportunity Grant

• The Federal Supplemental Educational Opportunity Grant (FSEOG) program is for undergraduates with exceptional financial need. Pell Grant recipients with the lowest expected family contributions (EFCs) will be considered first for a FSEOG. Just like Pell Grants, the FSEOG does not have to be repaid.

Academic Competitiveness Grant

• The Academic Competitiveness Grant award is in addition to the student's Pell Grant award and will provide up to $750 for the first year of undergraduate study and up to $1,300 for the second year of undergraduate study to full-time students who are eligible for a Federal Pell Grant and who had successfully completed a rigorous high school program, as determined by the state or local education agency and recognized by the Secretary of Education. Second year students must maintain a cumulative grade point average (GPA) of at least 3.0.

Stafford Loans

• Subsidized: A subsidized loan is awarded on the basis of financial need. The borrower is not responsible for the interest while in an in-school, grace, or deferment status. Depending on your financial need, you may borrow subsidized money for an amount up to the annual loan borrowing limit for your level of study (see www.studentaid.ed.gov).
• Unsubsidized: You might be able to borrow loan funds beyond your subsidized loan amount even if you don't have demonstrated financial need. In that case, you'd receive an unsubsidized loan. Your school will subtract the total amount of your other financial aid from your cost of attendance to determine whether you're eligible for an unsubsidized loan. Unlike a subsidized loan, you are responsible for the interest from the time the unsubsidized loan is disbursed until it's paid in full.
• Parent PLUS: Parents can borrow a PLUS Loan to help pay your education expenses if you are a dependent undergraduate student enrolled at least half time in an eligible program at an eligible school. They also must have an acceptable credit history. The yearly limit on a PLUS Loan is equal to your cost of attendance minus any other financial aid you receive. (See www.studentaid.ed.gov for more information).

Alternative Loans
When grants, scholarships and federal student loans don’t cover your cost of education.

• Sallie Mae Student Signature Loan:

Payment plan
The King’s College has an affiliation with Tuition Management Systems (TMS), which provides our students and families with a no-interest, monthly payment plan. You pay only a small enrollment fee to participate in the program. Visit www.afford.com/kings for more information.

New York State Tuition Assistance Program (TAP)
TAP helps eligible New York residents pay tuition at approved schools in New York State. Depending on the academic year in which you begin study, an annual TAP award can be up to $5,000. Because TAP is a grant, it does not have to be paid back. For more information and eligibility requirements, visit the TAP website.

Outside scholarships