Scholarship and Financial Aid Opportunities
McKendree University and the value of a private education. The most important consideration when choosing a school is to find one that meets
your academic and personal goals. Don’t rule out a school early in the college search
process due to financial concerns. If McKendree feels like a good fit to you, apply
for admission and allow us the opportunity to work with you and your family to make
your education affordable. We offer an education of exceptional value at McKendree
– U.S. News & World Report’s “Best Colleges” edition ranks McKendree University among the top five Midwest regional
universities whose students graduate with the lowest amount of debt.
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MERIT & TALENT AWARDS |
ELIGIBILITY |
AMOUNT |
MORE INFORMATION |
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Admitted, first-year students that meet academic achievement benchmarks at time of admission. |
Awards range from $10,000 to $17,000 annually. |
Award is automatically renewed as long as the student meets the academic standards outlined in the scholarship offer. |
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Admitted, transfer students that meet academic achievement benchmarks at the time of admission. |
Awards range from $5,000 to $14,000 annually. |
Award is automatically renewed as long as the student meets the academic standards outlined in the scholarship offer. |
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International Academic Scholarships |
McKendree University is excited to provide academic scholarships to international students who have completed the application process and been accepted to McKendree. |
Award amounts vary. |
Scholarships are awarded at the time of admission based upon the student's application and academic merit. |
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Athletic Scholarship |
Based on athletic ability as determined by the head coach and the availability of funds in select varsity programs. |
Award amounts vary. |
Contact should be made directly with the coach for more information. Cannot be paired
with McKendree Grant. |
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Awarded for participation in band or color guard. |
$3,000 |
Students selected to IMEA will receive an automatic $5,000 annual award. |
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Bearcat Athletic Support Scholarship |
Awarded to students for participation in the cheerleading, pomcats, or mascot programs. |
Award amounts vary. |
Students participating on an athletic team are not eligible to receive this award. |
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Students who have demonstrated involvement in community service. |
$4,000 annually. |
Students must submit community service scholarship application and interview. |
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Offered to selected students intending to participate in the McKendree Forensics Team. |
$3,000 annually |
Contact should be made directly with the coach for more information. |
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Harry M. Statham Legacy Award |
Awarded to the grandchildren, children, or siblings of McKendree Alumni. |
$1,000 annually |
Students must indicate this relationship on their application for admission. |
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John Wesley/Methodist |
Awarded to selected students who have a $500 or $1,000 scholarship from their church. |
Awards are matched with either a $250 or $500 scholarship. |
Contact your pastor about other United Methodist Scholarship opportunities. |
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Model United Nations |
Offered to select students who have participated in Model UN activities on campus. |
$1,000 annually |
Contact your Model UN sponsor for more information about the application. |
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The 117th Regiment Cyber Defense Team Scholarship |
Awarded to select students interested in inter-collegiate competition focusing on
the operational aspect of managing and protecting an existing network infrastructure. |
$2,000 annually |
Students must have a passion for and understanding of cyber security. |
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Model United Nations |
Offered to select students who have participated in Model UN activities on campus. |
$1,000 annually |
Contact your Model UN sponsor for more information about the application. |
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Technology Scholarships |
Available to students who wish to study in the STEM fields. |
Award amounts vary. |
This scholarship is competitive and cannot be paired with academic scholarships. Applications are due by December 1. For more information and to apply. |
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WYSE Scholarships |
Awarded to first-year students who have competed in either the World Wide Youth in Science and Engineering regional or sectional on McKendree's campus and placed 1st, 2nd, or 3rd in any individual event. |
$1,000 to $2,000 annually
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FIRST Scholarships |
FIRST Scholarships are awarded to first-year students who have been actively involved with either a FIRST Robotics Competition (FRC) or a FIRST Tech Challenge (FTC) team at some point in their high school career. |
$1,000 annually |
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Spirit Scholarships |
Awarded to students for participation in the cheerleading, pomcats, or mascot programs. |
$3,000 annually |
Students must try out and be selected to join one of the Spirit Programs. |
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Visual & Performing Arts Scholarship |
Awarded to students for participation in the Visual & Performing Arts |
$3,000 annually |
The Division of Visual and Performing Arts requires audition, portfolio, and/or interview. |
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NEED-BASED AID |
ELIGIBILITY |
AMOUNT |
MORE INFORMATION |
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McKendree University Grant |
Awarded based on a combination of character, academic ability, and financial need as determined by FAFSA. |
Awards amounts vary. |
Priority consideration given to students that are admitted to the University and file FAFSA before March 1. |
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Federal Pell Grant |
Award based solely on financial need as determined by FAFSA. |
Award amounts vary up to $5,645 depending on financial need and the number of semester hours enrolled. |
The FAFSA must be completed each year. |
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Illinois Monetary Award Program |
Awarded to Illinois residents who demonstrate financial need and plan to attend a College or University in Illinois. |
Maximum annual tuition award $4,720. |
The FAFSA must be received by the federal processor on or before the deadline set by the state. Recommend applying before March 1. |
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A long-term low interest student loan available to students in the form of a subsidized or unsubsidized loan based on demonstrated financial need. |
Grade level maximums: |
The FAFSA must be completed each year. Repayment begins 6 months after leaving the University. Deferment options may be available. |
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Student employment opportunities that allow the student to earn money that can be put directly towards the cost of attendance or used as spending money. |
Award amounts vary up to $2,000 depending on financial need. Student must work to earn the amount offered. |
The FAFSA must be completed each year. Students using earned monies to help with attendance costs must complete appropriate paperwork. |
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FINANCING OPTIONS |
ELIGIBILITY |
AMOUNT |
MORE INFORMATION |
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McKendree partners with Tuition Management Systems to offer an interest free monthly payment program. |
Monthly payment varies based on the balance due for tuition, rooms, meal plan, and fees. |
Monthly payment varies based on the balance due for tuition, rooms, meal plan, and fees. |
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Federal Parent Plus Loan |
Allows credit-worthy parents to access funds from the federal loan program to assist with their part of the educational cost. |
Maximum amount is the cost of education less other financial aid. |
Deferment options may be available. |
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McKendree Wagner Loan |
Students pursuing study towards the ministry. |
Students may borrow any amount up to, but not exceeding the cost for one year. |
If all requirements are met, the loan is interest free and half of the total loan amount is forgiven. |
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Private loan programs are available to students with a cosigner who need funding beyond the limits of the federal loan program. |
Maximum amount is the cost of education less other financial aid. |
Interest rates are variable and are based on the credit history of the borrower and/or cosigner. Deferment options may be available. |
