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Eligibility Standards and Important Policies

Southeastern Scholoarships

Satisfactory Academic Progress

Students should maintain a 2.0 cumulative GPA or above to receive institutional aid, with preference given to students with higher GPAs. Students with a status of Academic Probation (a term and/or cumulative GPA below 2.0) are ineligible for institutional aid and should expect their aid to be removed.

Enrollment Status

Students must be degree-seeking at SEBTS to be eligible for institutional financial aid; “credit-only” students are ineligible.

Students must remain enrolled at full-time status for the entire semester to receive the full amount of any institutional award. Students who are enrolled at half-time or below are considered ineligible for any institutional awards.

Students enrolled at part-time status before the drop-date will have their awards reduced by 50%. Undergraduate students who withdraw from courses after the drop-date and fall below full-time status will have their institutional financial aid reduced by 25% for each course they withdraw from. Those who fall at half-time or below will lose any remaining aid. Please note, students who withdraw are charged the full cost of any courses they withdraw from.

Additional Information

To be considered for any form of Southeastern’s institutional aid, each current or prospective student must fill out both the Free Application for Federal Student Aid (FAFSA®) and the Standard Financial Aid Application.

Except where otherwise specified, all institutional scholarships are open to campus and distance-learning students.

Most institutional scholarships are tuition-specific and cannot be refunded to the student as cash or a check.

Students eligible for substantial external types of aid, such as the Keesee and NC Need Based Grants, are expected to apply for those in conjunction with Southeastern’s Standard Financial Aid Application.

Please visit the General and Designated Scholarships webpage to learn more about the specifics of each scholarship. 

Satisfactory Academic Progress

Depending on the scholarship, students may need to maintain a certain GPA. For the Southeastern Women’s Fellowship Scholarship and the Daniel L. Akin Kingdom Diversity Scholarship, the GPA requirement is 3.0. For other Kingdom Diversity scholarships, the GPA requirement is 2.75.

Enrollment Status

There is a full-time enrollment status requirement for all specialized scholarships.

For the Southeastern Women’s Fellowship Scholarship, a minimum of two full-time semesters must be completed at Southeastern.

Students must be degree-seeking at SEBTS to be eligible for institutional financial aid; “credit-only” students are ineligible.

Additional Information

Please visit the Specialized Scholarships webpage to learn more about the specifics of each scholarship.


Federal and State Scholarships

Satisfactory Academic Progress

Students must maintain a minimum GPA of 2.0 and show that they are working towards graduating at a reasonable rate to maintain their Pell Grant award. Students who earn the same amount of credit hours that they attempt are at a 100% rate of completion. Students who fall below a 67% rate of completion become ineligible. Rate of completion is determined by calculating earned credits divided by attempted credits.

Enrollment Status

Students must be admitted, enrolled, and classified as an undergraduate student at an approved institution.

In order for students to receive the full amount of their award, they must be enrolled in at least 12 credit hours. Students who take less than 12 credit hours will have their award reduced based on their enrollment.

Additional Information

Students must demonstrate a certain level of financial need based on calculated Expected Family Contribution (EFC). EFC is calculated when the student completes the FAFSA®.

Students that are selected for verification must submit all requested documents in order to receive any funds. Any student who fails to complete verification should not expect to receive any institutional, state, or federal financial aid.

All eligible students may receive the Pell Grant for up to the equivalent of 12 semesters or 600% Lifetime Eligibility Used (LEU), which is the percentage of Scheduled Award(s) disbursed. Receiving a full-time award for 1 semester uses 50% of a student’s LEU.

Students must not be in default or owe a refund under any federal or state loan or grant program in order to receive funds.

Males aged 18-25 are required to register with the Selective Service System (SSS).

Learn more about Pell Grant eligibility here

Satisfactory Academic Progress

Students must maintain a minimum GPA of 2.0 and show that they are working towards graduating at a reasonable rate to maintain their NCNBS award. Students who earn the same amount of credit hours that they attempt are at a 100% rate of completion. Students who fall below a 67% rate of completion become ineligible. Rate of completion is determined by calculating earned credits divided by attempted credits.

Enrollment Status

Students must be admitted, enrolled, and classified as an undergraduate student at an approved institution.

Students must be enrolled in at least 9 credit hours in order to be eligible for the North Carolina Need Based scholarship. Students who are enrolled in less than 9 credit hours are not eligible and should expect to have the entirety of their award removed.

In order for students to receive the full amount of their award, they must be enrolled in 12-14 credit hours. Students enrolled in 9-11 credit hours will receive half of their full-time award amount. Lastly, students enrolled in at least 15 credit hours will receive an additional $250 at some point after the drop date.

Residency

All NBS recipients must complete the Residency Determination System (RDS) every 18 months and receive a North Carolina resident status before any grant money will be disbursed.

Additional Information

Students must demonstrate a certain level of financial need based on calculated Expected Family Contribution (EFC). EFC is calculated when the student completes the FAFSA®.

Students that are selected for verification must submit all requested documents in order to receive any funds. Any student who fails to complete verification should not expect to receive any institutional, state, or federal financial aid.

Students may not receive funds from any combination of the other state funded Need-Based Financial Aid programs for more than ten (10) full-time academic semesters, or the equivalent if enrolled part-time.

Students must not be in default or owe a refund under any federal or state loan or grant program in order to receive funds.

For more information, visit https://www.cfnc.org/NBS

Please note that student eligibility is determined annually. Therefore, being eligible and receiving this scholarship for one academic year does not guarantee that you will receive it the next academic year. Students must complete the Free Application for Federal Student Aid (FAFSA®) each year.


Other Scholarships

For students who are receiving other external scholarships, it is important to know and understand all of the eligibility standards. The organization that funds the scholarship is the best source of information regarding the scholarship. Students should be sure to read any award letters that they receive entirely and check the organization’s website for more information.