Financial Aid
A college education is an investment in you and your future. We believe students shouldn't be barred from a quality education because of limited resources. Our financial aid specialists will make every possible effort to provide you with the maximum amount of assistance.
More than 85% of TWU students receive some form of aid from external sources, including work study programs. 100% of our students will receive a merit scholarship based on their academic or athletic acheivements.
Grants and gifts received by the college through the generosity of the United Methodist Church, foundations, friends, alumni and others help to reduce the difference between the actual costs of providing a quality education and the tuition charged. Use the True Cost Calculator to estimate your actual cost.
Our student financial services team works to make it possible for students to receive a Tennessee Wesleyan education without taking on a large financial burden. Altogether, we distribute more than $11 million a year in institutional aid to qualified students.
Opportunities for Aid
Students must complete the FAFSA to be eligible to receive the following types of aid. Be sure to file your FAFSA on October 1 and use TWU's code: 003525.
Increase in HOPE Scholarship beginning fall 2022
- Freshman and Sophomores enrolling full-time at a four-year institution will be eligible for $4,500 per year.
- Juniors and Seniors enrolling full-time at a four-year institution will be eligible to receive $5,700 per year.
Federal Pell Grant is a direct grant from the Federal Government based on financial need and is restricted to undergraduates, U.S. citizens, or those in the U.S. for other than temporary reasons. The Federal Pell Grant program describes an undergraduate as one who has not earned a bachelor’s degree. For many students, Federal Pell Grants provide a “foundation” of financial aid, to which aid from other federal and non-federal sources may be added. Unlike loans, grants do not have to be paid back. Students must re-apply each year by filing the FAFSA. The recipient must maintain satisfactory academic progress. As of July 1, 2012 a student may receive the Pell Grant for six (6) years or twelve (12) semesters. The Pell Grant is also available to eligible students during the summer semester. Students should verify their eligibility for a summer Pell Grant with the Financial Aid Office.
SEOG is a federal grant administered by Tennessee Wesleyan University of up to $500 per year. This program is restricted to U.S. citizens or those in the U.S. for other than temporary purposes, who are undergraduates maintaining satisfactory academic progress, with priority given to Pell Grant recipients.
The Tennessee Student Assistant Award Program is a state-funded grant program. Students must demonstrate need and be a Tennessee resident attending college in Tennessee. TSAA awards are offered to Federal Pell recipients with a 5846 EFC or less, pending availability of funds from the Tennessee Student Assistance Corporation along with meeting all other eligibility criteria. The Free Application for Federal Student Aid (FAFSA) must be processed by early October of each year for the student to receive priority consideration for TSAA funding.
Awarded to incoming freshman who have an ACT score of 21 (SAT 1060) or an overall final high school GPA of 3.0 or better and have met all other criteria detailed in the legislation. Transfer students who have met all the requirements to attend and retain the scholarship will be awarded upon acceptance to the University and completion of all the required paperwork. Students must re-apply each year by completing the FAFSA and be continuously enrolled at an eligible postsecondary institution in the fall and spring semesters and maintain satisfactory academic progress. Applications must be received by September 1st for fall semester, February 1st for spring and summer semesters. Early application is recommended. Award amounts are up to $2,250 per full-time enrollment semester as a freshmen and sophomore; then up to $2,850 per full-time enrollment semester as a junior and senior. A student may receive the HOPE Scholarship until the student has earned a baccalaureate degree; or five (5) years have passed from the date of initial enrollment at any postsecondary institution. To retain the HOPE Lottery Scholarship a student must meet the following criteria; after 24 and 48 attempted hours a student must have a TELS Grade Point Average (GPA) of 2.75. After 72 attempted hours a student must maintain a TELS Grade Point Average (GPA) of 3.0 until the program is completed. If a student is notified by the Financial Aid Office that they have lost the HOPE Lottery Scholarship, it is the responsibility of the student to notify the Financial Aid Office that their GPA has reached the eligible TELS GPA necessary to regain the scholarship. If a student wishes to appeal the non-awarding or loss of the Tennessee Educational HOPE Lottery Scholarship, this should be done in writing before mid-term of the following semester and submitted to the Assistant Vice President of Financial Aid for the appeal to be considered by the Institutional Review Panel (IRP).
The Federal Work Study Program is a federal program administered by Tennessee Wesleyan University that offers students the opportunity to be employed on campus. The number of hours a student works per week is based on financial need and fund availability. Students earn at least minimum wage and are paid on a monthly basis. Various positions are offered to students to complement their education with practical job experience. This program is restricted to U.S. citizens, or those in the U.S. for other than temporary purposes, who are maintaining satisfactory academic progress.
Available to qualified students. Applicants may check with their local guidance office or the Registrar’s Office at Tennessee Wesleyan University for further details regarding this program.
Wesleyan offers generous scholarships to all incoming students. From academic or atheletic merit, to donor funded scholarships - we help you make your valuable degree a reality.
The Foster Child Tuition Grant is established and funded from the net proceeds of the state lottery. The grant is awarded to students who meet the minimum eligibility requirements. Award amounts vary. A foster child is a student who meets one of the following requirements: (1) Was in state custody at any time when the individual was thirteen (13) years of age or older; (2) Was in state custody at any time when the individual was thirteen (13) years of age or older and was placed for adoption by the Department of Children Services (DCS) or one of its adoption contract agencies, and the adoption was finalized; or (3) Was in state custody at any time and was placed in permanent guardianship by DCS after reaching thirteen (13) years of age. A student must meet the high school requirements for the Tennessee HOPE scholarship; and by admitted to an eligible postsecondary institution. In addition to meeting the minimum HOPE Scholarship high school eligibility requirements, a student shall present the Corporation with official certification from the Department of Children's Services that the student meets the eligibility requirement for the HOPE Foster Child Tuition Grant. For more information, click here.
Vocational Rehabilitation Benefits must be applied for by the student at their local Vocational Rehabilitation Office.
Workforce Innovation and Opportunity Act must be applied for by the student in their local Career Center Office.