A scholarship is a financial aid award that does not need to be repaid. Scholarships are a form of merit-based aid, meaning they are offered based on merit or achievement in a specific area.
A grant is a financial aid award that does not need to be repaid. Grants are a form of need-based aid, meaning they are distributed based on financial need as determined by the Free Application for Federal Student Aid (FAFSA).
A loan is a financial aid award that must be repaid with interest. Loans are a form of need-based aid, meaning they are offered based on financial need as determined by the Free Application for Federal Student Aid (FAFSA).
Financing your education can be a large part of planning to enroll at Biola University. International students are responsible to submit an affidavit of support and bank statement to show how they plan to pay for their education. Biola offers select scholarship opportunities for those who qualify, although this cannot be guaranteed for every applicant. Materials must be received by the appropriate deadline date to qualify for any available scholarships or grants.
There are many "outside scholarship" opportunities for prospective and current college students to apply for in order to supplement their institutional aid. These scholarships may be used toward college tuition, but are separate from Biola University Financial Aid. We provide the outside scholarships website to highlights non-Biola scholarships that might fit Biola students. Students are also encouraged to utilize public scholarship search engines such as fastweb.com or collegeboard.com in order to find possible opportunities. Eligibility and requirements vary.