Types of Grants
Your financial aid award letter will detail the types of assistance for which you qualify, and grants may be part of the mix. Grants are highly desirable because they do not have to be repaid.
When you request that Rhodes receive a copy of the results from your FAFSA, you’ll automatically be considered for any grant for which you may qualify. Even if you’ve received a scholarship or a fellowship from Rhodes or an outside source, you may qualify for additional aid if your demonstrated need is greater than the amount of the received award.
- Rhodes College Grants are funded through the college and vary in amount. This grant is renewed each year up to three times for a total of four years of funding.
- Federal Pell Grants are based on the Expected Family Contribution (EFC) as calculated by your FAFSA, which must be $5,157 or below to qualify. Grants range from $600–$5,730. Renewal of this grant is based on the results of the FAFSA each year.
- Federal Supplemental Educational Opportunity Grants (SEOG) are awarded to students with exceptional financial aid who meet the qualifications for the Pell Grant. SEOG awards are $1,500. Renewal of this grant is based on the results of the FAFSA each year.
- Tennessee State Grants, known as the Tennessee Student Assistance Award (TSAA), are available to Tennessee residents by requesting that the Tennessee Student Assistance Corporation receive a copy of your results from the FAFSA. Because of the number of students applying, submit your FAFSA information by January 31 to have a chance for this award. Grant amounts can be up to $4,000 per year depending on your EFC. Eligibility for any TSAA grant requires an EFC resulting from the FAFSA between $0 and $2,100.
- Ministerial grants are available to children of Presbyterian Church (U.S.A.) ministers because of our association with the church. Note your eligibility in the appropriate place on your application for admission. Grants are for $1,000.
Need-based Rhodes Grants
In addition to merit-based aid and fellowships, Rhodes awards hundreds of institutional grants based on your family′s income, assets and circumstance. If you are interested in federal and/or state aid (Tennessee residents), complete the Free Application for Federal Student Aid (FAFSA). Once your applications are received by the specified application deadlines the financial aid office will review your eligibility for additional awards based on the information provided on these two forms.
- FAFSA (Rhodes Title IV code: 003519)
Institutional scholarships and grants may be used to pay Rhodes tuition, fees, room and board only (direct cost), unless otherwise specified, and are awarded on a full-academic year (two semesters), fall and spring semesters only. Please note, Rhodes scholarships may have to be reduced if you receive awards from outside sources that in combination exceed direct costs.