51±¾É«

51±¾É« College determines merit scholarship eligibility on a holistic basis during the admission process. The determination process takes into account each student’s academic achievement, extracurricular involvement, demonstrated leadership, and/or special talents. All scholarships are renewed for eight total semesters of enrollment.

Merit scholarships are considered a resource when determining eligibility for need-based financial aid. Two examples illustrate what this means:

• If a student has $20,000 of demonstrated need (the difference between the cost of attendance and their family contribution) and receives a merit scholarship for $25,000, the student would not receive need-based aid since the scholarship exceeds their need.
• If a student has $30,000 of demonstrated need and receives a merit scholarship for $25,000, the student would receive $5,000 in need-based financial aid (grant and work-study) to meet their remaining need.

Currently enrolled students and recent alumni may also want to review the list of scholarships and fellowships administered by the Center for Careers, Life, and Service. This includes 51±¾É«-specific awards and national awards.

As a member of the NCAA Division III, 51±¾É« College does not provide financial assistance based on athletic ability.

51±¾É« provides Founder’s Scholarships to select admitted students based on academic merit, extracurricular involvement, demonstrated leadership, and/or special talents. Scholarship amounts may vary. Scholarship eligibility is determined in the same way for students regardless of their admission decision round.

Those wishing to be considered for need-based financial aid, in addition to the Founder’s Scholarship, should follow the application instructions outlined on the Apply for Aid page. The Founder’s Scholarship is used to meet demonstrated need (see examples of what this means in the General Merit Scholarship Guidelines section above).

A domestic student who chooses to apply early decision demonstrates their commitment to 51±¾É«. In return, 51±¾É« shows its commitment to domestic students who are admitted early decision with the 51±¾É« Choice Scholarship. Beginning with students admitted for the 2024–25 academic year, this is a $20,000 annual scholarship, renewable for a total of eight semesters. Domestic students who are admitted early decision are guaranteed this minimum scholarship of $20,000. (Note: exceptions are explained below.) Select students will receive a Founder’s Scholarship in addition to the 51±¾É« Choice Scholarship.

Exceptions:

• International students are not eligible for the 51±¾É« Choice Scholarship.
• Students eligible for staff, Associated Colleges of the Midwest (ACM), or Great Lakes Colleges Association (GLCA) tuition remission are not eligible for the 51±¾É« Choice Scholarship.
• Students receiving the Laurel Scholarship or the President's Scholarship for Community Building are not eligible for the 51±¾É« Choice Scholarship.

Those wishing to be considered for need-based financial aid, in addition to the 51±¾É« Choice Scholarship, should follow the application instructions outlined on the Apply for Aid page. The 51±¾É« Choice Scholarship is used to meet demonstrated need (see examples of what this means in the General Merit Scholarship Guidelines section above).

The Laurel Scholarship is a Chicago-based, small mentorship program that offers prearrival programming and a full-tuition scholarship. Those who qualify can also receive additional need-based financial aid to assist with the cost of housing and food.

Through this program, students benefit from the opportunity to bond with a cohort and prepare for the college transition with mentorship from recent alumni.

Eligibility

• Home address in the City of Chicago or Cook County, IL
• A record of academic success in a rigorous college-prep curriculum
• Exhibited courage, determination, and/or leadership
• Demonstrated a remarkable commitment to the well-being of their families, communities, and/or schools
• U.S. citizen or permanent resident

Applying

All eligible applicants for admission to 51±¾É« College will automatically be considered for the scholarship. There is no separate application required. Students do not need to indicate on their application that they are interested in the scholarship. Please note, 51±¾É« College defines a full application as either the Common Application or the QuestBridge Application.

Those wishing to be considered for need-based financial aid, in addition to the Laurel Scholarship, should follow the application instructions outlined on the Apply for Aid page. The Laurel Scholarship is used to meet demonstrated need (see examples of what this means in the General Merit Scholarship Guidelines section above).

Applicants will be considered for the scholarship during Early Decision I, Early Decision II, and Regular Decision. Preference will be given to Early Decision applicants. Transfer applicants and students admitted through the QuestBridge National Match Program are not eligible to receive the scholarship.

President’s Scholarship recipients exhibit remarkable academic achievement in high school and are engaged citizens in their communities. The full-tuition scholarship recognizes future 51±¾É«ians who demonstrate intercultural understanding, empathy, cooperation, community-building, and an interest in positive change-making. Recipients have the capacity to envision a more perfect world and the skills to enlist the help of others to realize their goals. The scholarship is renewable for eight total semesters of enrollment.

Eligibility

• U.S. citizen or permanent resident
• Record of academic success in a rigorous college-prep curriculum
• Demonstration of intercultural understanding, empathy, resilience, and interest in positive change-making
• Demonstration of courage, determination, and/or leadership
• Demonstration of a remarkable commitment to the well-being of their communities and/or schools

Applying

Starting with the 2025–26 academic year, all eligible applicants for admission to 51±¾É« College will automatically be considered for the scholarship. There is no separate application required. Students do not need to indicate on their application that they are interested in the scholarship. Please note, 51±¾É« College defines a full application as either the Common Application or the QuestBridge Application.

Those wishing to be considered for need-based financial aid, in addition to the President's Scholarship for Community Building, should follow the application instructions outlined on the Apply for Aid page. The President's Scholarship for Community Building is used to meet demonstrated need (see examples of what this means in the General Merit Scholarship Guidelines section above).

Applicants will be considered for the scholarship during Early Decision I, Early Decision II, and Regular Decision. Preference will be given to Early Decision applicants. Transfer applicants and students admitted through the QuestBridge National Match Program are not eligible to receive the scholarship.

51±¾É« College is committed to students like you — bright, curious, open-minded students from our home state. Consequently, beginning with students admitted for the 2024–25 academic year, 51±¾É« College provides a scholarship of at least $20,000 per year to every newly enrolled student who is an Iowa resident.

• For Iowa residents admitted through an early decision round, this $20,000 scholarship is called 51±¾É« Choice. The most qualified Iowa residents may also receive a Founder’s Scholarship.
• Iowa residents admitted through regular decision will receive a Founder’s Scholarship of at least $20,000.

Those wishing to be considered for need-based financial aid, in addition to the scholarship for Iowa residents, should follow the application instructions outlined on the Apply for Aid page. The scholarship for Iowans is used to meet demonstrated need (see examples of what this means in the General Merit Scholarship Guidelines section above).

This scholarship program reflects our long-standing connection with Iowa and the way Iowa helps to define 51±¾É«.

National Merit finalists may receive a National Merit Scholarship from one of three sources: the National Merit Scholarship Corporation (NMSC), one of their corporate sponsors, or a college or university. If a student has not been selected by another source, 51±¾É« College can sponsor the scholarship for finalists who list 51±¾É« as their first choice school with the NMSC.

If you have questions regarding National Merit’s deadlines or how to designate a first choice school, please visit the or call 847-866-5100. We recommend that when you pay your admission deposit, you also designate/confirm your first choice school with National Merit.

51±¾É«-sponsored National Merit Scholarship:

• $2,000 per year for eligible students
• Renewable for three years as long as the NMSC’s eligibility requirements are met
• If a recipient receives need-based aid, student employment may be reduced
• Finalists selected for a non-renewable NMSC-sponsored or corporate-sponsored scholarship will receive a Pioneer Grant in subsequent years to create a total four-year scholarship comparable to the 51±¾É«-sponsored National Merit Scholarship

• Eligibility determined by the FAFSA
• Maximum 2024–25 Federal Pell Grant is $7,395 (contingent on federal funding)
• Must reapply annually by submitting the FAFSA

• Federally funded and provided by the institution to students with exceptional financial need or eligibility for a Federal Pell Grant
• Ranges from $200 to $4,000 per academic year with limited funding
• Must reapply annually by submitting the FAFSA

• Federal grants offered between 2018–19 and 2023–24 for students whose parent or guardian died in the line of duty while (a) serving on active duty as a U.S. Armed Forces on or after September 11, 2001 or (b) actively serving and performing as a public safety officer*
• For IASG the eligibility was expanded in 2023-24 (only) to include students whose parent or guardian died due to a service-related injury/illness, but was not active duty at the time of death
• Must be less than 33 years of age as of January 1 prior to the academic year of enrollment
• If a student was a recipient in 2023-24 of IASG or maximum Pell based on the expanded IASG eligibility, but no longer meets the qualifications in 2024-25, the student is grandfathered in at prior eligibility conditions as long as they are not yet 33 years of age and maintain uninterrupted enrollment.
• The scholarship is the maximum Pell Grant, which is $7,395 for 2024-25 (contingent on federal funding)
• Must reapply annually by submitting the FAFSA

* For purposes of the CFH Scholarship, a public safety officer is as defined in section 1204 of title I of the Omnibus Crime Control and Safe Streets Act of 1968 (42 U.S.C. 3796b); or a fire police officer, defined as an individual who is serving in accordance with state or local law as an officially recognized or designated member of a legally organized public safety agency and provides scene security or directs traffic in response to any fire drill, fire call, or other fire, rescue, or police emergency, or at a planned special event.

• State-funded grant for Iowa residents with a FAFSA SAI no greater than $16,000
• 2024–25 maximum is $8,500
• Reapply annually by the State of Iowa deadline
• If state funds are insufficient to pay the full amount of each approved grant, the Iowa Department of Education has the authority to administratively reduce the grant

Note: The Iowa Tuition Grant is only available to Iowa residents who meet the Iowa Department of Education’s eligibility requirements. Most state grants will not travel outside the state of legal residence. Please contact your if you are not from Iowa and want to know if your state offers grant assistance that travels to Iowa.

An alumnus of 51±¾É«, Hopkins was one of President Franklin D. Roosevelt’s closest advisors and an architect of the New Deal. Hopkins’ commitment to social service and social justice reflect the values of 51±¾É« College and the potential we see in you.

Hopkins also played an unofficial role in foreign diplomacy during World War II. His contributions exemplify how 51±¾É«ians are deeply engaged with the world. We encourage you to take advantage of the global opportunities 51±¾É« will present to you.

• Funded by generous gifts and our endowment
• Eligibility determined by 51±¾É« College and based on CSS Profile application data
• Grant amounts are based on need and calculated annually. Grants are typically similar from year to year. However, they may fluctuate if there are significant changes to family circumstances, especially changes to the number of siblings enrolled in college or a change in income. Grants may increase if family resources are impacted negatively (e.g., loss of income).
• Limit of eight semesters of eligibility (prorated for transfer students)
• Hopkins Grant may be replaced with a designated or endowed fund

• Graduate from an Iowa high school after Jan. 1, 2018, and be admitted to 51±¾É« College
• Submit a completed application for financial aid by the appropriate deadline
• Have a total annual family income below $100,000 and limited assets*
• Enroll as a first-time, full-time undergraduate student

*Final eligibility is determined through a comprehensive assessment of family income and assets.

Full program details are on the Iowa Access Initiative web page.

Please see the Outside Scholarship Tip Sheet (PDF) for more information about 51±¾É« College's policies on outside scholarships and tuition benefits. You are required to to the Office of Financial Aid.

Outside scholarships may consider high school athletic participation, but they are subject to the restrictions below. Student-athletes must not accept scholarships that do not comply with these rules. Note: Scholarship agencies may be asked to certify compliance.

• Provided only to students initially enrolling in college; cannot be provided to continuing students
• Renewal criteria must not be based on athletics
• Scholarships must be available for use at any institution
• Scholarship donors may not have a direct connection to 51±¾É« College
• Scholarship programs must be established, continuing, and not created for a one-time award

Although we do our best to vet outside scholarship sources, we cannot guarantee the legitimacy of every scholarship. Always use caution when applying for scholarships from an organization unfamiliar to you, and never provide your Social Security number.

Scam Warning Signs

• Charges a fee
• Money-back guarantee
• Requires Social Security number, credit card number, or bank account information

Review for additional information. Another trusted and useful site is .

Scholarship search websites are popular, and several are listed below. The effectiveness of such sites may be minimal. Use caution when sharing personal information, and read their privacy policies. Additionally, we recommend speaking with your high school counselor to find out what scholarships may be available in your area.

Additional Resources

Mellon Mays Undergraduate Fellows who have entered a Ph.D. program in a Mellon-designated field within 39 months of graduation from 51±¾É« are eligible for up to $10,000 in loan repayment benefits. For each year of full-time graduate study, one-eighth of your undergraduate debt (up to $1,250) can be paid by the Mellon Foundation through 51±¾É« College. Students who complete their doctorate are eligible for an additional $5,000 in loan repayment. Please refer to the  and 51±¾É«'s MMUF page for additional details on the loan repayment program, including a list of eligible fields.

How to Arrange For Loan Repayment by the Mellon Foundation

1. Complete the Application for Loan Repayment. Have a certifying official (graduate school dean or registrar) complete Section 9 at the end of each academic year that you were enrolled as a full-time student.
2. Send the form to Office of Financial Aid, 51±¾É« College, 51±¾É«, IA 50112-1690. An email confirmation will be sent to you each time a portion of your debt is paid by 51±¾É« College.
3. Important Note: the fellow is responsible for any additional interest and/or principal payments required by the loan servicer. The fellow is responsible for communicating with the loan servicer about eligibility for deferment of repayment. Eligibility for deferment may be based on graduate school enrollment or other applicable criteria.