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2010-2011 Tuition Reduction!
In recognition of the challenges the U.S. economy has created for students and families, Rivendell College is taking every step possible to keep the cost of enrollment for 2010-11 as low as possible. Tuition has been lowered to $250 per credit.
Rivendell approved by the Veteran's Administration!
Rivendell College has been certified by the V.A. for undergraduate studies. Our two certifying officials are Nancy Balma, Registrar, and Dick Brandow, VP for Student Affairs. For more information, please contact Nancy Balma:
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Quick Guide to Financial Aid
Rivendell College is committed to helping students and their families meet the financial cost of earning a certificate, diploma, or degree from Rivendell. Costs associated with attending school include tuition, housing, board, books, and transportation. Generous financial aid is available to qualified students.
Click here for a downloadable financial aid application, with more detailed information on assistance opportunities.
What is Financial Aid?
Financial Aid is money given to students and parents for the purpose of helping families cover educational expenses. Educational expenses can include both costs directly associated with schooling (tuition, fees, and books) and the personal living expenses associated with attending school (housing, food, and insurance).
How many kinds are there?
There are several different types of financial aid for which students may apply. The three basic categories are scholarships, grants, and loans.
- Scholarships are usually merit-based awards given for achievement in academics, sports, or various types of service. Students don't pay back scholarships.
- Grants are usually given on the basis of financial need and don't have to be paid back. Both schools and the federal government can grant students financial aid money.
- Loans are sometimes given according to need, and other times according to requested amount. Loans ALWAYS have to be paid back. The three major loan categories are private loans (from banks) federal (from the government) and institutional loans (from Rivendell).
Types of Rivendell College Financial Aid
Students accepted to study at Rivendell College may apply to receive the following types of Rivendell Financial Aid:
Degree Students
- Veteran's Administration Funding
- Rivendell Scholarships (Merit)
- Rivendell Grants (Merit and financial need)
- Mordecai Scholarships (Adopted and foster-home students)
- High School Youth Ministry Service Scholarships (Paid internships in local churches)
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- Rivendell Education Assistance Loans (Promissory Notes with payment options)
Non-Degree Students
- Certificate/Diploma Program Grants, Scholarships and Loans
- Peak Leadership Scholarships
- University+ tuition discounts (for students concurrently enrolled full-time at another college or university)
Who is eligible?
To be generally eligible to receive financial aid at Rivendell College, a student must:
- Have a High School Diploma or the equivalent (B.A. Programs) or a Bachelor Degree (M.A. Programs)
- Be accepted to study in a program at Rivendell College
- Be a U.S. citizen or eligible non-citizen
- Be enrolled at least half-time if a degree-seeking student
- Be or remain in good standing with the College
- Make satisfactory academic progress (in case of renewal of merit-based scholarships)
How is aid awarded?
1. First, students must submit the applications for the aid for which they wish to be considered. Applications for all Rivendell financial aid can be found on this website.
2. The next step is evaluation of applications by the Rivendell College Financial Aid Committee (FAC), which holds three regularly scheduled meetings per semester to award aid.
3. After the FAC makes its decisions, students are notified by being sent a Financial Aid Award Letter by mail or email.
4. To confirm acceptance of the aid listed in the letter, the student must sign and return the Financial Aid Acceptance Notice by mail or email.
When Do I get it?
If you receive money from a source other than Rivendell College, you will have to contact that source to find out. If you are receiving financial aid through Rivendell College, the amount on the award letter will be credited toward your student bill as soon as the bill is generated.
What about Work Study?
Financial Aid at Rivendell College does not include work-study. However, some part-time work opportunities may be made available to qualified individuals through the Office of Student Affairs. Pay for work performed is delivered directly to students.
Other Kinds of Aid
Federal Loans & Grants
Right now, Rivendell College students may not apply to receive federal aid. However, Rivendell is seeking approval for Title IV Federal Funding. As soon as this approval has been granted, students may apply for federal funding by submitting the Free Application for Federal Student Aid (FAFSA) and entering Rivendell's federal school code on the FAFSA.
Private Scholarships Grants
Private scholarships are provided by organizations other than Rivendell College. The organization sponsoring the scholarship selects the recipient and sends the funds to the College on behalf of the recipient. Because federal regulations do not permit students to receive financial aid over their cost of attending Rivendell, all scholarships must be reported to Rivendell College.
Private Loans
While Rivendell College is in the process of securing Title IV Federal Funding, students are encouraged to explore the possibility of private loans. See, for instance, the following websites.
Cost Calculator:
The following information may be used to estimate the cost of attending Rivendell College for the entire 2010-2011 school year, excluding financial aid:
Undergraduate Tuition $7,500 (30 credits x $250 per credit)
Graduate Tuition Fees $7,500 (30 credits x $250 per credit)
Assessment and Coaching Fees $800 (two semesters)
Other Fees $100
On-campus Room and Board $6,300 - $9,600 (depending on room and meal plan)
Books & Supplies $500
Transportation $600 - $1,200
Health Insurance $384-690
Personal Expenses $1,000 - $2,000
Total Undergraduate Estimate $17,184 - $22,390
Total Graduate Estimate $10,884 - $10,790 (plus room and board)
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