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TYPES OF FINANCIAL AID PROGRAMS Scholarships Warren L. Davis Founders Scholarships Eugene L.

Shirk Memorial Scholarships Presidential Scholarships Provosts Scholarships Alumni Scholarships Awards Legacy Awards Service and Leadership Awards Sibling Awards United Methodist Awards Joseph Coleman Awards Talent Awards Eligibility Top Academic Applicants Top Academic Applicants Freshman applicants: Berks County, Pa., high schools Transfer applicants: Reading Area Community College Strong academic students A/AStrong academic students A/A-/B+ Strong academic students A-/B+ Eligibility Applicants who are children of Albright graduates Solid academic students B+/B Sibling enrolled at Albright full time Active member of UM church Students of color Students with talent in the fine arts and journalism Value Full tuition $20,000/year $15,000 to $20,000/year $15,000/year $12,500/year $10,000/year Value $1,000 award $2,500 to $10,000/year $500 $1,000 $3,000 to $5,000 $1,000 to $3,000 Application Essay after invitation Admission application Admission application and Shirk application Admission application Admission application Admission application Application Admission application Admission application Admission application Letter of recommendation from pastor Admission application and Coleman card On-campus audition (music & theatre) Faculty portfolio review (art & journalism) Music and theatre auditions by appointment Admission application Application Admission application and FAFSA Admission application and FAFSA FAFSA Deadline mid February March 1 December 15 March 1 March 1 March 1 Deadline March 1 March 1 March 1 March 1 March 1 Contact the Admission office for dates. March 1 Deadline Recommend applying by March 1 FAFSA filing deadline FAFSA filing deadline Conditions Renewable; 3.3 GPA Renewable; 3.3 GPA Renewable; 3.0 GPA, 25 hours of community service each semester Renewable; 3.0 GPA Renewable; 3.0 GPA Renewable; 2.67 GPA Conditions Renewable Renewable; 2.67 GPA Renewable; both siblings full-time Albright students Renewable Renewable; 2.67 GPA and participation in Coleman events Renewable based on meeting criteria of the department

Schol arship s, Awards and Financial A id

Scholar Awards Grants Albright College Trustee Grants Federal Pell Grants Academic Competitiveness Grants Federal Supplemental Education Opportunity Grants PA State Grant Loans Federal Stafford Loans

National Honor Society* Berks Science Fair winners* Eligibility Demonstrated financial need Eligibility determined by EFC; set by Congress annually Federal Pell Grant recipients completing defined rigorous high school program Federal Pell Grant recipients with exceptional need

$1,000 to $3,000 Value Amounts vary based on financial need 200910 full-time awards ranged from $854 to $5,350 $750 for first-year and $1,300 for second-year students (Third- and fourth-year recipients will be considered for National SMART Grants.) $100 to $4,000 based on availability of funding

Renewable with qualifying EFC* Conditions Renewable; for on-campus study only with demonstrated need Renewable; with qualifying EFC Renewable with qualifying EFC and 3.0 GPA

Admission application and FAFSA

Recommend applying by March 1

Renewable; with eligible EFC

Pennsylvania residents as determined by PA Higher Education Assistance Agency (PHEAA) Eligibility Students regardless of financial need, with most students qualifying for interest subsidies

Award amounts set annually Value First-year students may borrow up to $5,500, sophomores up to $6,500, juniors and seniors up to $7,500. $100 to $5,500 based on availability of funding Up to the cost of attendance minus other financial aid

FAFSA Application FAFSA

May 1 Deadline

Renewable; with demonstrated need** Conditions 4.5% fixed interest rate for new loans made between July 1, 2010 and July 1, 2011 6.80% fixed interest rate for unsubsidized loans; both must sign a promissory note agreeing to repay loan

Federal Perkins Loans PLUS Loans

Students with very high need Creditworthy parents of undergraduate students

FAFSA PLUS Loan application and promissory note

Recommend applying by March 1

5%; must sign a promissory note agreeing to repay loan 8.50% fixed interest rate

* It is the applicants responsibility to provide documentation of eligibility for these awards to the Admission Office by March 1. **Candidates who live in states that offer reciprocal grants for study in Pennsylvania should ask their guidance counselor for the appropriate forms. These states are Connecticut, Delaware, Massachusetts, Maine, Ohio, Rhode Island, Vermont, the District of Columbia and West Virginia.

Albright College is committed to a policy of equal opportunity and does not discriminate on the basis of race, religion, sex, age, national origin, sexual orientation, veteran status, marital status, or disability. This policy extends to all educational, service, and employment programs of the College. Albright College ensures that people with disabilities have equal opportunity to participate in its programs and activities, in compliance with Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, and encourages students to request the accommodations they qualify

Thirteenth & Bern Streets P.O. Box 15234 Reading, PA 19612-5234

for. At Albright College, disability services are coordinated through the Academic Learning Center, which handles all requests for academic accommodations and makes referrals to other College units as needed. The ALC is committed to providing timely, individual assessment of student needs, and promotes selfadvocacy and intentional learning among all students, especially disabled students. The ALC is located in the Administration Building, phone 610-921-7662, e-mail academiclearningcenter@albright.edu, TTY 610-921-7241. 11/09; 8K

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Merit Scholarships & Awards


Albright believes that students who have excelled academically and demonstrated leadership skills add to the quality of life at the College. For this reason, Albright offers a variety of scholarships and awards to entering students. All scholarships are renewable for full-time on-campus study, provided the recipient maintains the required grade point average. The process of applying for scholarships and awards is easy. Simply apply for admission by March 1 (July 15 for transfers). Once you have been admitted, your application is automatically forwarded to the Scholarship Committee for consideration. Please note: Awards are independent of scholarships. Typically, scholarship recipients also earn one or more awards. Transfer applicants are eligible for all awards except Scholar and Leadership Awards, which recognize high school achievement. To apply for nancial aid from Albright, you must complete only one form: the Free Application for Federal Student Aid (FAFSA). You will provide information about your familys income and assets on the form, which you then submit to the U.S. Department of Education. You should submit your FAFSA over the Internet at www.fafsa.ed.gov as soon as possible after January 1. So that they may qualify for the full range of nancial aid programs, we recommend that students complete the FAFSA by March 1. When you complete the FAFSA, be sure to indicate that the form is to be sent to Albright College, code number 003229. To determine your familys nancial strength and calculate the amount your family can contribute annually toward your educational expenses, a formula set by the federal government is applied to the gures you provide on the FAFSA form. The number determined by the FAFSA formula is called the Expected Family Contribution (EFC). This information is sent to you and to each college you designate to receive the information.

Making Albright Affordable


For many families, one of the most important factors in selecting a college is cost. At Albright College, we have a different way of thinking about choosing a college. We believe that its most important to nd the right college match. Our goal is to eliminate nances as an obstacle so youre able to choose the college that best ts your personality and interests. We want you to choose Albright because of the quality of our academic and extracurricular opportunities, as well as the exceptional warmth and friendliness of the Albright community. Fortunately, Albright has numerous nancial resources available. If you decide Albright is the right match for you, you will nd an Albright education both affordable and a real value for the money. AFFORDABILITY: Dont confuse our sticker price with what it will cost you to attend. We offer numerous well-funded merit scholarships and generous need-based nancial aid. Most scholarship winners also receive need-based nancial aid. VALUE: When Barrons Best Buys in College Education notied us of Albrights inclusion, the books editor wrote: . . . you give parents and students the most for every dollar they spend at your college. If you or your parents have questions after reading this brochure, please contact us. The Admission Ofce may be contacted by phone at (800) 252-1856 or by e-mail at albright@alb.edu. Sincerely, Gregory E. Eichhorn Vice President for Enrollment Management and Dean of Admission

Financial Aid
Because we know that many families will be unable to meet the cost of an Albright education with family resources alone, we strongly encourage you to apply for nancial aid. Financial aid is awarded to students based on their familys demonstrated nancial need. Students who receive scholarships are also eligible for nancial aid. At some colleges, admission decisions are inuenced by whether an applicant applies for nancial aid. Albrights admission decisions are independent of requests for nancial aid.

Estimating Your Eligibility for Financial Aid


To help you understand how your nancial aid package will make an Albright education affordable, we have provided examples below of nancial aid awards prepared for the 20092010 academic year. Please be aware that nancial aid eligibility is determined on an individual basis; similarities with these examples may not result in similar nancial aid awards being offered upon review of your application for nancial aid.

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Examples Family Profile Family of 4, with 2 in college. Family income is $17,000. Family of 2, with 1 in college. Family income is $36,000. Family of 4, with 1 in college. Family income is $49,000. Family of 5, with 1 in college. Family income is $59,000. Family of 4, with 2 in college. Family income is $91,000. Family of 5, with 1 in college. Family income is $114,000. Student 1 Student 2 Student 3 Student 4 Student 5 Student 6

Family assets may affect family contribution

If you are interested in an early estimate of your eligibility for nancial assistance, Albright College will calculate an estimate based on information received from your family. You may request an early estimate by contacting the Financial Aid Ofce. You may estimate your familys contribution at any time by using the FAFSA4caster. This calculator can help you estimate the amount of money the federal government will expect you and your family to pay toward higher education costs. The web site is www.fafsa4caster.ed.gov

Financial Aid Resources on the Web


Albright College Costs for the 20092010 Academic Year: Tuition: $30,800 Room & Board: $8,770 Fees: $800 Total: $40,370 We recommend that you only use services offered for free. There is no need to pay to have scholarship and nancial aid programs identied for you, because information is readily available free of charge. For a comprehensive list of nancial aid resources, please visit our web site at www.albright.edu/admission/naid

Financial Aid Award Albrights Grants & Scholarships Federal & State Grants Student Loans Employment Total Financial Aid Award Summary Tuition, Fees, Room & Board Cost to Family 40,370 650 40,370 3,300 40,370 6,400 40,370 14,250 40,370 19,897 40,370 25,370 21,000 9,220 7,500 2,000 39,720 16,500 7,070 11,500 2,000 37,070 14,500 9,970 7,500 2,000 33,970 12,500 4,120 7,500 2,000 26,120 11,000 1,973 5,500 2,000 20,473 7,500 0 5,500 2,000 15,000

Important Contact Information


Admission Ofce toll-free: (800) 252-1856 local: (610) 921-7700 E-mail at albright@alb.edu Financial Aid toll-free: (800) 252-1856 local: (610) 921-7515 E-mail at naid@alb.edu

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