Your Award Notification contains at least one of the following sources of financial assistance. Since all students have individual characteristics which determine eligibility for specific awards, seldom will an individual "package" contain every program listed. If you want information about an award that is not described here, please E-mail us.

Achievement Grant
This grant is awarded to first-time freshmen by the Admissions Office in recognition of students' high school academic and extracurricular performance. Renewal is automatic with a 2.0 cumulative grade point average. The award amount does not vary from year to year. The Achievemnet Grant requires full-time attendance (12 or more hours per semester) and can be applied to tuition only. This is an eight semester award.

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Bradley Grant
A combination of factors are considered when making these university-funded awards including a student's academic performance, FAFSA results, and eligibility for other grants and scholarships. Awards vary and can change from year-to-year. The Bradley Grant requires a 2.0 grade average for renewal. These awards are available only to full-time students (12 or more hours each semester).

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Caterpillar Employee Dependents Scholarship
These scholarships are funded by Caterpillar, Inc. to benefit the dependent children of Caterpillar employees, retirees, and deceased employees. Scholarship amounts are determined by Bradley's Office of Financial Assistance and range up to $2,500. Recipients must be attending Bradley as full-time undergraduate students. Applications must be submitted for each academic year. To be assured of full consideration, it is recommended that you submit your application no later than March 1. A 2.5 cumulative grade point average is required. For a PDF version of the application, click here.

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Deans Scholarship
This scholarship is awarded to first-time freshmen during the review of their admission applications. Most Deans Scholarship recipients rank in the top 10% of their graduating classes and score a minimum of 25 on the ACT or 1140 on the SAT. Renewal is automatic with a 3.0 grade average. The Deans Scholarship requires full-time attendance (12 or more hours per semester) and can be applied toward tuition only. This is an eight semester award.

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Legacy Scholarship
This $1500 Scholarships is automatically awarded to children, step-children and grandchildren of Bradley graduates. Eligibility is determined at the time of application for admission. Recipients must remain in good academic standing for renewal. The Legacy Scholarship requires full-time attendance (12 or more hours per semester) and can be applied toward tuition only.

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Phi Theta Kappa
New transfer students who have been recognized for their academic performance through membership in the Phi Theta Kappa Honorary Society receive an award of $5000. This scholarship replaces the Transfer and Transfer Excellence Scholarships. Recipients must maintain a 3.0 grade average for automatic renewal. The Phi Theta Kappa Scholarship requires full-time attendance (12 or more hours per semester) and can be applied toward tuition only.

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Presidential Scholarship
This scholarship is awarded to first-time freshmen during the review of their admission applications. Most Presidential Scholarship recipients rank in the top 10% and score at least a 27 on the ACT or 1220 on the SAT. Valedictorians entering Bradley as freshmen in Fall 2002 and after are also given this award. Renewal is automatic with a 3.0 grade point average. The Presidential Scholarship requires full-time attendance (12 or more hours per semester) and can be applied toward tuition only. This is an eight semester award.

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Provost-Garrett Scholarship
Provost-Garrett Scholarships are awarded to outstanding students from backgrounds that are traditionally underrepresented at Bradley University. Scholarships are awarded to first-time freshmen during the review of their admission applications. Most recipients rank in the top 15%, score a 24 on the ACT or 1050 on the SAT, and have demonstrated financial need. Renewal of the Provost-Garrett Scholarship is automatic with a cumulative GPA of 2.5. The Provost-Garrett Scholarship requires full-time attendance (12 or more hours per semester) and can be applied toward tuition only.

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Transfer Scholarship
Awards up to $3000 are automatically awarded to new transfer students who have earned a minimum of 24 transferable semester hours and 2.75 / 4.0 GPA from an accredited college or university. Automatic renewal requires a 2.5 grade point average. The Transfer Scholarship requires full-time attendance (12 or more hours per semester) and can be applied toward tuition only.

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Transfer Excellence Scholarship
New transfer students who have earned a minimum of 45 transferable semester hours and 3.5 / 4.0 GPA from an accredited college or university will be automatically awarded a $5000 scholarship. This scholarship replaces the Transfer and Phi Theta Kappa Scholarships. Automatic renewal requires a 3.0 grade point average. The Transfer Excellence Scholarship requires full-time attendance (12 or more hours per semester) and can be applied toward tuition only.

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University Scholarship
Scholarships up to $4000 are awarded based on a variety of criteria including academics, leadership, activities, and community service. University Scholars usually rank in the top 25% and have ACT or SAT scores consistent with classroom performance. Automatic renewal requires a cumulative GPA of 2.5. The University Scholarship requires full-time attendance (12 or more hours per semester) and can be applied toward tuition only. This is an eight semester award.

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Academic Competitiveness Grant
The Academic Competitiveness Grant provides up to $750 for the first year of undergraduate study and up to $1,300 for the second year of undergraduate study. Eligible recipients must also qualify for the federal Pell Grant and have completed a rigorous secondary school program of study as defined by the federal government. First-year recipients must achieve a 3.0 or better cumulative grade point average to receive the award in their second year.

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College Work Study
Students with limited family resources as determined by the results of the FAFSA are provided this federally-funded opportunity to earn "spending money" through part-time, on-campus employment. Students typically work 8 to 10 hours per week at minimum wage earning about $1800 per year. Paychecks are issued bi-weekly. Click here for more information.

Eligibility for work-study does not guarantee you will find a campus job. However, at the beginning of the Fall Semester, students are encouraged to attend the annual Part-time Job Fair sponsored by the Smith Career Center.

Students wishing to work who are not eligible for College Work Study may be able to find other on-campus employment opportunities.

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Pell Grant & FSEOG
Students with very limited family resources are awarded either or both of these federally*-funded grants. Eligibility is determined annually by the FAFSA. Pell Grants can range in value from $400 to $4,731. FSEOG awards can be as high as $4,000 per year. If you were determined to meet the eligibility criteria, your grant would be identified as Federal Pell Grant or Federal SEOG on your award notification. Click here for more information on the Pell Grant. Click here for more information on FSEOG.

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Perkins Loan
This campus-based federal* loan is awarded to students who demonstrate significant need as determined by the FAFSA. The average award amount of a Perkins loan is $1,200 per year. There is no repayment obligation while enrolled in college at least half time. The interest rate is fixed at 5%. Quarterly repayment begins shortly after graduation. Click here for more information.

Before your loan can be finalized, you must complete an entrance interview and electronic master promissory note. To learn how to complete the process, click here.

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Stafford Loans
At Bradley, Stafford loan recipients borrow directly from the federal* government. Stafford Loans are either subsidized - meaning no interest is charged before beginning repayment, or unsubsidized - when interest is charged as the loan is disbursed. FAFSA results and the amount of other financial aid received are the two factors that determine eligibility for loan "subsidy". Changes in your financial assistance may affect the nature of your loan.

While enrolled in college at least half time, there is no repayment obligation. Six months after dropping below half time you will begin making monthly payments. As a good rule-of-thumb, figure your monthly payment at about $11.50 for each $1000 borrowed.

All Stafford Loans (subsidized and unsubsidized) disbursed between July 1, 2007 and June 30, 2008 have an interest rate of 6.8%. Undergraduate subsidized Stafford loans disbursed after July 1, 2008 will have applicable interest rates as follows:

Undergraduate unsubsidized Stafford loans will continue to have an interest rate of 6.8%.

Stafford Loan amounts are $3,500 the freshmen year, $4,500 the sophomore year, and $5,500 for the junior and senior years. Additional unsubsidized loans of up to $5,000 are available to undergraduates who meet the FAFSA conditions of independent status or whose parents are denied a PLUS Loan. Graduate students can borrow up to $20,500 per year in subsidized and unsubsidized loans. Effective July 1, 2008 the federal government will deduct 1% from your Stafford loan before it is disbursed. This "origination" fee helps cover the cost of administering this program.

If this is your first time using a Stafford Loan at Bradley, you will need to complete an entrance interview and promissory note. To learn how to complete the process, click here.

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State of IL MAP Grant
This state-funded* grant program is available to qualified Illinois students attending in-state colleges and universities based upon FAFSA results. Grants range from $400 to nearly $4,968 per year. Eligibility is determined using a formula prescribed by the Illinois Student Assistance Commission. The MAP Grant is restricted to tuition only.

By applying for financial aid and agreeing to share that information with the Illinois Student Assistance Commission (ISAC) you have been considered for the State of Illinois (IL) Monetary Award Program (MAP) Grant. If you were determined to meet the eligibility criteria, your grant would be identified as a State of Illinois MAP Grant on your award notification. MAP grants are limited based on the number of applicants, FAFSA filing date, and funding levels appropriated by the Illinois General Assembly. Please be aware that in light of state funding constraints, reductions to estimated or actual MAP grants are possible.

	MAP Grant Award Calculator MAP Grant Amount on Bradley Award $  Estimated Credit Hours per Semester (3 to 15)   Actual MAP Grant Award per Year $4968

Eligibility for a MAP grant is based on the equivalent number of semester credit hours of MAP benefits paid on your behalf. This is called MAP Paid Credit Hours. Payment for each term is being made according to the equivalent number of credit hours eligible for MAP payment, with a minimum of 3 and a maximum of 15 MAP Paid Credit Hours.

There is a limit on the number of MAP Paid Credit Hours that can be paid while you are classified by your school as a freshman and sophomore. This limit is the equivalent of 75 MAP Paid Credit Hours. If this maximum is reached, you must attain junior status for your MAP grant eligibility to resume. The maximum number of MAP Paid Credit Hours that can be received is capped at 135.

If your award notification includes this source of assistance, the amount of grant is based on a 15 credit hour per semester course load. Semester enrollments of less than 15 credit hours will result in a proportionate reduction of award amounts. For example, your annual MAP Grant for semester enrollments of 12 hours will be 20% less than shown on this notification.

If a State of IL MAP Grant is not included in your award notification, you are not eligible for the grant at Bradley University.

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*Federal and state regulations require educational institutions to determine that all students who receive state and federal financial aid are in good academic standing and are making reasonable progress toward completion of their academic programs. To view these requirements, click here.

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