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Scholarships and Financing

Presidential Scholarship

The President’s Scholarship is awarded to incoming students on the basis of their composite ACT/SAT score and cumulative high school GPA. If a student does not have a high school transcript exceptions are made by the Admissions Committee and consideration is given to students who have successfully completed their GED. Students transferring to The King’s College are also eligible for the Presidential Scholarship based on their cumulative college GPA and number of credit hours completed.  Students are required to remain in academic “Good Standing” in order to maintain their President’s Scholarship.

Founders’ Scholarship

The King’s College is awarding four scholarships amounting up to the full cost of tuition to students who embody the combination of leadership and academic skills that the College highly values. The Founders’ Scholarship is awarded through a competitive process that includes essay, presentation, and team building components. To be considered for the scholarship, students must submit a 1200-1500 word essay on the specific prompt, visit the campus and give a three to five minute speech, and participate in a leadership team building exercise during the on-campus visit.

Here is an example of a winning essay and speech from last year's competition.

The King’s Grant

The King’s Grant is awarded to students who demonstrate need. Completion of a financial aid application (FAFSA) is required in order to be considered for this grant. The King’s Grant is awarded at the discretion of the Office of Financial Aid. The grant is a one year award with future consideration given upon receipt of financial aid applications in subsequent years.

Leadership Scholarship

The purpose of the King's Leadership Scholarship is to identify emerging young leaders and encourage them to attend The King's College, New York City. The King's College exists to educate students who will shape and eventually lead the great institutions of the world through careers in government, business, law, media, education, civil society, the arts and the church. Every student at King's is presented with the challenge to do something great with their lives, and the King's Leadership Scholarship helps identify those likely to accept that challenge.

The award is granted on a one-time, individual basis and must be applied to freshman year costs. Minimum awards begin at $500. Recipients of the King's Leadership Scholarship are also eligible for academic awards and any applicable financial aid. An on-campus interview may be required for some scholarship candidates. These awards are made possible by the generous gifts of alumni and friends from around the world.

Deadline for application and essay submission is December 31, 2013.

Write a 500 word essay on the prompt below:

Leadership is a process of social influence in which one person can enlist the aid and support of others in the accomplishment of a common task. (Chemers, M. “An Integrative Theory of Leadership”). Choose a current event that provided you with an example of poor leadership. Describe how a good leader would have achieved the best possible outcome. (You decide what the best possible outcome should/could have been.)

Click here to submit your Leadership Scholarship application and essay.

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 2012-13 award year (July 1, 2012 to June 30, 2013) is $5,550. 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.

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

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.

Direct Loan Program

Direct Subsidized Stafford: 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.studentloans.gov).

Direct Unsubsidized Stafford: 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.

Loan limits for dependent students

College Level           Credits           Loan limit

Freshman:               0-29               $5,500 total with no more than $3,500 subsidized

Sophomore:            30-59             $6,500 total with no more than $4,500 subsidized

Junior:                     60-89             $7,500 total with no more than $5,500 subsidized

Senior:                     90+                $7,500 total with no more than $5,500 subsidized 

Loan limits for independent students

 College Level           Credits           Loan limit

 Freshman:               0-29                $9,500 total with no more than $3,500 subsidized

 Sophomore:             30-59              $10,500 total with no more than $4,500 subsidized

 Junior:                      60-89             $12,500 total with no more than $5,500 subsidized

 Senior:                      90+                $12,500 total with no more than $5,500 subsidized 

Direct 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.studentloans.gov for more information). 

Payment Plans

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.

Alternative Student Loans

Alternative loans are available when grants, scholarships and federal student loans do not cover your cost of education. The King’s College works closely with the lenders below, but is glad to work with any loan program you wish to utilize.

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 at www.hesc.com.

Outside scholarships

Outside scholarships area often available through local businesses, banks and service organizations. Additionally, your parents’ employer may have a scholarship program available to you. If you want to search online a good place to start is www.fastweb.com.

Army ROTC

The King’s College has a partnership with Fordham University Army ROTC as part of the New York City Army ROTC program. For details about ROTC scholarships, click here.

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