There are a range of options to help you finance your education and living expenses:
Scholarships and Grants
Awarded based on academic performance or financial need. You rarely have to pay back scholarships and grants.
Borrowed money that you need to pay back over a number of years, almost always with interest and other fees. Interest amounts vary.
Student Employment (Work-Study)
Students may be eligible to apply for a job on campus and be paid for the hours they work.
Merit Awards for Undergraduate Students
Merit scholarships—which apply toward tuition costs only—are automatically renewed, provided you remain a full-time student and are in good academic standing. These awards are made possible through generous gifts from alumni, parents, faculty, staff, and friends of Arcadia. If another scholarship, award, or funding from an outside entity/organization covers all or part of your tuition, the merit scholarship will be replaced or reduced.
The Arcadia University Distinguished Scholarship
Applicants are automatically considered for academic excellence, outstanding leadership, and community service. First-year students are evaluated on their grades, SAT/ACT scores (if submitted), high school grades, high school rank (if applicable), and involvement for up to $28,000 annually (2022-23). Transfer students are evaluated on their cumulative GPA and coursework for up to $18,000 per year (2022-23).
The Arcadia University Achievement Award
Applicants are automatically considered for their involvement in school activities, community service, volunteer work, and/or notable achievements as recognized by the scholarship committee. Awards range from $1,000 to $4,000 per academic year.
Portfolio Review and Acting Audition Awards
Prospective Fine Arts majors may receive these awards (ranging from $1,000 to $4,000 annually) based on the quality of their portfolio or audition.
The Arcadia University Campus Achievement Award for Returning Students
Full-time undergraduates who have completed at least one semester of study at Arcadia can apply if they demonstrate financial need, are involved on campus, and have a minimum cumulative GPA of 3.0. The committee also looks for a demonstrated willingness to take student loans. For spring consideration, the application goes live Nov. 1 and is due Dec. 1; for fall, the application goes live May 1 and is due June 1.
Alumni Legacy Grant
To receive this annual $2,000 grant, students must be the “dependent” (according to federal guidelines) children, grandchildren, or great-grandchildren of Arcadia University (Beaver College) alumni. Indicate your relationship to alumni on both your admission and financial aid applications.
The Philadelphia Scholar Award
This $2,000 annual scholarship is awarded to five students from Philadelphia's 21 comprehensive public high schools each year. Nominations are made by high school officials on the basis of academic success and promise.
Federal Financial Aid for Undergraduate Students
You must be a U.S. citizen or permanent resident enrolled as a degree seeking student and file the FAFSA.
Federal Direct Loan
Most students borrow the Federal Direct Loan—available to all students, regardless of financial need—first, before all others. If your loan is subsidized, the government will pay the interest while you are in school. If unsubsidized, you have the option of capitalizing the interest or paying it quarterly during the in-school period.
On both, payment of your principal does not begin until six months after graduation, provided you remain enrolled on at least a part-time basis (six credits). Stafford Loans have a variable-fixed interest rate, meaning the rate will be set each year, effective July 1. Once set, it will remain fixed for the life of that particular loan. The repayment period is ten years.
Federal Direct Parent PLUS Loan
Credit-worthy parents of dependent students, regardless of financial need, can apply for a Federal Direct PLUS Loan (up to the cost of attendance, minus other financial aid received) through the U.S. Department of Education (no lender/bank required). Repayment begins within 60 days of the second disbursement (typically made to student accounts in January). Deferments are available upon request for up to four years while the student is enrolled. The repayment period is ten years.
Federal Pell Grant
A need-based grant determined by the FAFSA-calculated Expected Family Contribution (EFC), Pell Grants are awarded for a maximum of 12 equivalent full-time semesters (the number of semesters will vary for part-time students). Pell Grants are adjusted to reflect changes in enrollment status (if made prior to the fifth week of classes). After, amounts will not be adjusted based on changes to enrollment status (i.e. course load).
The Federal TEACH Grant
The TEACH Grant Program provides grants of up to $4,000 a year to students who are completing or plan to complete course work needed to begin a career in teaching. Find specifical details here.
Awarded based on financial need as determined by the FAFSA, Work-Study provides opportunities to work on campus for an hourly wage. Awards range from $100 to $1,850 annually and are not applied directly toward tuition or room and board charges, as the student receives a monthly paycheck (which can be directly deposited into the student's bank account).
Domestic, full-time undergraduate students are evaluated for an Arcadia University Grant based on their financial aid and information provided on the FAFSA. This grant can change from year to year based on financial need (impacted by changes to income, enrollment status, and housing). FAFSA is required for consideration and renewal.
PA State Grants are awarded by the Commonwealth of Pennsylvania to state residents demonstrating financial need, based on federal Expected Family Contribution (EFC) and annual cost of attendance. You must file the FAFSA by May 1 for consideration. First-time applicants will be required to complete a supplemental form, which you can link to when completing the FAFSA.
You must take at least six credits per semester to be considered. If you are enrolled in a fully online program, in a program that is more than 50% online, or you are taking more than 50% of your credits online in any given term (regardless of program), you are not eligible for that term. If you are not from Pennsylvania, check with your state agency to determine your eligibility.
Alternative Student Loans for Graduate Students
Private educational student loans, based on variable interest rates, are available for matriculating students enrolled at least half-time (if they qualify on the basis of credit). Credit-worthy cosigners may be required depending on the borrower’s credit history.
Support for Transfer Students
Transfer Partner Scholarship
Full-time transfer students who complete an approved associate's degree through one of our Community College Dual Admission/Core-to-Core agreements (with a cumulative 3.5 GPA from all institutions attended) are eligible for an annual award of $5,000 (that can be added to your Distinguished Scholarship). Arcadia has agreements with Bucks County Community College, Burlington County College, Cecil College, Community College of Philadelphia, Delaware County Community College, Lehigh Carbon Community College, Montgomery County Community College, and Northampton County College.
Phi Theta Kappa
Members are guaranteed a minimum Distinguished Scholarship of $16,000 per year for full-time undergraduate study. Your cumulative transfer GPA (from all institutions combined) must be a 3.5, and you must have completed at least 30 credits (with coursework from at least two general academic disciplines) on a full-time basis.
Alpha Beta Gamma
Members are guaranteed a minimum of $10,500 per year for full-time undergraduate study provided their cumulative transfer GPA (from all institutions combined) is 3.0 or better, and they have earned a minimum of 30 credits. Members of both Phi Theta Kappa and Alpha Beta Gamma will receive one Distinguished Scholarship, which will be the higher of either amounts they qualify for (for a potential annual maximum of up to $18,000).
Support for International Students
Admitted international students will be automatically reviewed for the Arcadia University Distinguished Scholarship, Achievement Award, and Sister Cities Scholarship. Once completing at least one semester at Arcadia, students can also apply for the Campus Achievement Award.
International Student Work-Study
International students can work with the Office of Career Education to apply for an on-campus job and a temporary Social Security Number. Students can earn up to $2,300 and work between 8 to 10 hours per week.
International students who have a valid U.S. cosigner can borrow money through the Wells Fargo Collegiate Loan or the Sallie Mae Smart Option Student Loan. Students can borrow up to the cost of attendance minus other financial aid received. The programs offer flexible repayment options—in some cases, borrowers have up to 20 years to repay their loans. International students with non-immigrant visas are not eligible to apply for federal or state (U.S. Government) funds.
Arcadia University Sister Cities Scholarship Program
New students pursuing their first bachelor’s degree full-time at Arcadia who are residents of one of Philadelphia’s Sister Cities will automatically be considered for a $15,000 annual award. Through Citizen Diplomacy International, the Sister Cities Program links Philadelphia to the world.
Veterans of Military Service
Arcadia makes education affordable for all active military and veterans. If you are not currently enrolled or admitted, you must:
- Complete Arcadia’s admissions process for undergraduate or graduate programs to start using your VA benefits. The VA will not release your benefits unless you are in a degree-seeking program. We encourage you to review your educational goals and potential expenses with an admission counselor.
- Establish an account on the GI Bill® website or call 1-888-442-4551 to learn about your options. If eligible, download and complete your paperwork. The process can take 6 to 10 weeks.
- Mail the original copies of your completed forms to the VA (P.O. Box 4616, Buffalo, NY 14240-4616), and email a copy of the form to Arcadia ‘s VA Certifying Official Holly Kirkpatrick
The VA will send your Certificate of Eligibility via mail, or you can print your “Post-9/11 GI Bill Statement of Benefits” from the eBenefits account and email it as a PDF or mail it to Arcadia’s Financial Aid Office (Attn: Holly Kirkpatrick, Financial Aid Office, 450 S. Easton Road, Glenside, PA 19038)
While we encourage you to contact us at any point, specific questions about benefits eligibility should be addressed to the VA. Arcadia does not determine eligibility, but will assist in the application process and communication of enrollment to the VA.
Scholarships can be found through community organizations, religious groups, foundations, and companies. If you are awarded an outside scholarship, you are required to send a copy of your award notification to the Office of Financial Aid. Whenever possible, we make an effort to add it to your existing aid package. If doing so creates an over-award situation, we will reduce loans and work-study before institutional aid. Remember: Merit scholarships can only be used toward tuition, so external scholarships can impact these awards if the two combined exceed the cost of tuition.
Private loans are financing options to supplement federal loans.
SAGE Tuition Discount Program
Arcadia is a member of the SAGE Tuition Discount Program, a component of the Pennsylvania Tuition Account Program (TAP). Arcadia’s reward cap is $15,600 divided equally over four years.