Financing Options
Provo College participates in a variety of programs that are available to those who qualify. Our financial aid team is ready to assist you with finding the right combination to help you achieve your educational goals. Financial Aid programs include:
Federal Grants
Grants provide money based on financial need. In most cases, the money does not have to be repaid (with some exceptions). Provo College participates in the following grant programs:
Institutional Scholarships and Grants
Scholarships, like grants, represent money that does not have to be repaid. Scholarships, however, are awarded on a variety of criteria, including financial need, grades, athletic performance, or community service. Provo College offers a number of institutional scholarships and grants to students who meet the eligibility criteria.
Institutional Scholarships
- College Merit Scholarship
Institutional Grants
- Yellow Ribbon Institutional Grant
- Military Grant
Outside Scholarships
- Alumni Scholarship
- Students are encouraged to apply for outside scholarships to help finance their education. For a current listing of available scholarship opportunities, please visit our scholarship list.
Federal Work-Study
FWS enables students who demonstrate financial need to earn aid to pay for their education expenses. Students earn at least the current hourly minimum wage by working at the College, for nonprofit agencies or for-profit businesses. Provo College helps eligible students locate jobs; certain restrictions apply. Unlike traditional sources of income, FWS earnings are exempt from the subsequent year’s expected family contribution calculations. Funds are allocated annually on July 1st and are limited. Due to the nature of this program, FWS awards are offered on a first-come, first-serve basis. To be considered for FWS, students must complete a FAFSA application, have an unmet need and show an interest in working part-time to be considered for FWS funds. Award ranges from $200 to $4500 per academic year. If interested in participating, please inquire with your Financial Aid Administrator about the program. Depending on funds availability and your qualifications, you will need to provide a resume and employment application to be considered for an interview.
Federal Loans
Loans offered by the U.S. Department of Education to eligible students or their parent to help cover their educational costs.
Private Loans
Private loans are available to students through various lending institutions to help pay educational expenses. Private loans, which are not insured by the federal government, have repayment terms that vary depending on the lender from which you borrow. Provo College encourages students to explore federal and state grants and loans, and to consider the anticipated monthly loan payments along with expected future earnings before considering a private education loan. Federal student loans are required by law to provide a range of flexible repayment options and loan forgiveness benefits, which private student loans are not required to provide.
Generally, private loans require that the borrower is a U.S. Citizen, a U.S. national, or a permanent resident and must be creditworthy. International students are eligible with a creditworthy cosigner (who must be a U.S. Citizen or permanent resident) and appropriate U.S. Citizenship and Immigration Service documentation. If the student has no credit or a poor credit history, he/she may still qualify for a loan by applying with a creditworthy co-borrower.
Most lenders expect you to have a qualified co-borrower before they will approve the loan. Interest rates and repayment terms vary between private lenders. Provo College does not make any recommendations regarding private lender selection for students who decide to pursue private loan options. Students may borrow from any lender. Be sure to research and review each lender’s terms and conditions before making a final decision.
Please contact your selected lender to determine if Provo College is an eligible institution. If Provo College is approved, we will gladly certify your loan with your lender.
Additional Options Available to Those Who Qualify
Get Started
We’ve made enrolling a simple and straightforward process. If you’re ready to begin, visit our Student Enrollment Portal to get started.
