Unlocking Opportunities: A Guide to Furman University Scholarships
Furman University offers a variety of scholarships to attract and support talented students. These scholarships recognize academic excellence, leadership potential, and commitment to community service. This article provides a comprehensive overview of the various scholarship opportunities available at Furman University, including merit-based scholarships, need-based aid, and external scholarship resources.
Merit-Based Scholarships
Furman University celebrates academic excellence by offering several merit-based scholarships. These scholarships recognize students who have demonstrated exceptional academic achievement, leadership potential, and a commitment to making a positive impact in their communities. Your journey toward a merit scholarship starts with your application for admission, recognizing your exceptional achievements and potential to make a meaningful impact at Furman and beyond.
The James B. Duke Scholarship
The James B. Duke Scholarship represents the pinnacle of academic recognition at Furman. It is awarded annually to incoming first-year students who demonstrate exceptional academic accomplishments, significant leadership experience, and meaningful service to their communities.
Selection Process: Select students will be invited in early February to attend a Scholarship Interview Event in March. The Scholarship Committee identifies finalists for the James B. Duke Scholarship and extends invitations for an interview, which are held in late March.
Selection Criteria:
- Academic Record: In past years, finalists have taken the most challenging curriculum available to them, including honors and AP classes, IB or other advanced curriculum choices. A’s dominate the transcripts of finalists.
- Extracurricular Involvement: Finalists typically are involved in many activities outside the classroom. They hold significant leadership positions in their school or community and display exceptional creativity, commitment, and enthusiasm in all they do.
Joseph A. Hollingsworth Scholarships
John D. Hollingsworth Scholarships recognize outstanding South Carolina students who combine academic achievement with a demonstrated commitment to community service and civic engagement. As committee members review your admission application, they look for South Carolina-area scholars who have demonstrated a passion for helping others and making an impact in their communities.
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- Eligibility: Current South Carolina residents who demonstrate academic excellence and strong commitment to leadership, service, and resilience.
Charles H. Townes Scholarships
Named for Nobel Prize winner and Furman alumnus Charles H., these scholarships are awarded to students residing outside South Carolina who demonstrate exceptional academic achievement, leadership experience, and commitment to community impact. As committee members review your admission application, they look for scholars from outside of South Carolina who have demonstrated a passion for helping others and making an impact in their communities. Candidates have demonstrated strong leadership skills and hope to continue a high level of civic engagement while attending Furman.
Selection Criteria: Students residing outside South Carolina who demonstrate exceptional academic achievement, leadership experience, and commitment to community impact.
Alden Transfer Scholarship
The Alden Transfer Scholarship is a two-year full-tuition scholarship awarded on the basis of academic achievement and potential success as a Furman graduate. Transfer applicants must apply for admission by January 15 to be considered for the Alden Scholarship.
National Merit/National Achievement Scholarship
National Merit/National Achievement finalists who indicate Furman as their first-choice college may be eligible for a $2,000 renewable university-sponsored scholarship, in accordance with National Merit Scholarship Corporation guidelines. This university-sponsored scholarship is awarded in addition to any other Furman scholarship or grant for which the student may be eligible. Available to selected students for up to four years.
Need-Based Financial Aid
To be eligible for federal need-based aid, you must complete the FAFSA (Free Application for Federal Student Aid). After the FAFSA is processed you will receive a Student Aid Report. At the same time that you receive the Student Aid Report, the Financial Aid Office receives your information electronically.
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Verification Process
You might see a note on your Student Aid Report (SAR) which provides information that you’ve been selected for verification; or Furman might contact you to inform you that you’ve been selected. Verification is the process that Furman uses to confirm that the data reported on your FAFSA form is accurate. Don’t assume you’re being accused of doing anything wrong. Some people are selected for verification at random; and some schools verify all students’ FAFSA forms.
Federal Student Loans
Direct Subsidized Loans are available to undergraduate students with financial need. Furman determines the amount you can borrow, and the amount may not exceed your financial need. Direct Unsubsidized Loans are available to undergraduate and graduate students; there is no requirement to demonstrate financial need. Furman determines the amount you can borrow based on your cost of attendance and other financial aid you receive. The student is the borrower of any Direct Subsidized or Unsubsidized Loans. If you are a new first time borrower, you must complete a Master Promissory Note and Entrance Counseling at StudentAid.Gov.
Direct PLUS Loans: Your child must be a dependent undergraduate student who is enrolled at least half-time at a school that participates in the Direct Loan Program. Generally, your child is considered dependent if he or she is under 24 years of age, has no dependents, and is not married, a veteran, a graduate or professional degree student, or a ward of the court. There are no set borrowing limits for Direct PLUS Loans, but you may not borrow more than the cost of your student’s Cost of Attendance (COA) minus any other financial aid received, such as a Direct Subsidized Loan or Direct Unsubsidized Loan. The school will determine the actual amount you may borrow. The repayment period for a Direct PLUS Loan begins immediately after you’ve received the last disbursement of the loan, while your student is still in school. However, you may be able to defer making payments while your child is enrolled at least half-time, and for an additional six months after your child graduates or drops below half-time enrollment status. When it’s time for you to begin repaying your Direct PLUS Loan, you will make payments to your loan servicer, an organization that handles billing and other customer service functions related to your Direct PLUS Loan.
Private Loans
No, there are no federal requirements in order for a student or parent to borrow a private loan.
South Carolina State Scholarships
The Office of Financial Aid is provided a list from the South Carolina Commission of Higher Education (CHE) regarding new eligible Palmetto Fellows recipients. Once your name appears on the list from the state, then we can update your South Carolina scholarship. You must declare your major by the restricted add/drop deadline in the fall of the currently enrolled academic year and meet all other qualifications. Students who fail to earn a cumulative 3.0 LIFE GPA at the end of the academic year or the requisite number of hours required, may regain eligibility the next academic year if their cumulative LIFE GPA is a 3.0 at the end of the academic year and they have earned a minimum of 30 credit hours if a rising sophomore, 60 credit hours if a rising junior, or 90 credit hours if a risingsenior. The academic year is considered fall, spring and summer. Therefore, you can use the summer to bring up a GPA or earn credit hours. Please consult our office to verify that credit hours earned during the summer at another institution will be accepted. If a truly extenuating circumstance resulted in the loss of LIFE Scholarship eligibility, you may submit an appeal to the Commission on Higher Education. Applications are reviewed annually. The deadline for receipt of appeal applications is in late September. Students cannot submit an appeal to the Commission for the Palmetto Fellows/LIFE Scholarship Enhancement.
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Other Financial Aid Information
ROTC scholarships may not be combined with other Furman scholarships.
ScholarshipUniverse
Providing the best student experience is important to us, and we heard your feedback loud and clear. ScholarshipUniverse is a resource for currently, enrolled students at Furman University. Students are encouraged to research and apply for scholarships offered by various organizations, companies and clubs. There are many resources to assist a student’s search for scholarship funding.
Summer Financial Aid
There is no additional tuition charge for May X, however there is additional costs for housing and meals. If you are a Pell Grant recipient, you may qualify for a partial Pell Grant (dependent on your enrollment hours). Direct Loans, PLUS Loans, and Private loans are other options to help assist you in the summer. You may borrow Direct Loans for summer classes if you are enrolled at least half-time (6 credit hours) if you have eligibility remaining for the academic year. Additionally, if you are enrolled in classes at Furman for the summer term, your parent may request a PLUS loan for that term, however, you must also be enrolled at least half-time (6 credit hours). You also have the option of borrowing a private loan for the summer term as well.
Withdrawal and Return of Aid
If you completely withdraw from school (drops all classes), take a leave of absence, or stop attending before the 60% point in the quarter, you may be required to repay a portion of the aid received for that quarter. A Return of Title IV worksheet is completed using the amount of aid received and the withdrawal date to determine if any repayment is due.
Study Away Programs
If you are attending a Furman affiliated or sponsored Study Away trip, all your financial aid will disburse through the university as normal for the semester. You will need to complete a Study Away Consortium Agreement form before you begin the program.
External Scholarship Resources
In addition to Furman's internal scholarships and financial aid programs, students can explore external scholarship opportunities to help fund their education. These external scholarships are offered by various organizations and companies.
ScholarshipOwl
ScholarshipOwl is your source of relief from the dreaded application process. We put students on the fast-track to success by providing direct access to the scholarships they need the most. Take the hassle out of financial aid and maximize your chance at a free ride in college.
Niche "No Essay" Scholarship
Covering the cost of college expenses for four years without writing a single essay? Sounds too good to be true. It isn't with Niche.
"Be Bold" Scholarship
The "Be Bold" Scholarship is a no-essay scholarship that will be awarded to the applicant with the boldest profile. It takes less than 2 minutes to apply. To us, boldest does not mean "best", or "most accomplished".
Scholarships360 $10,000 “No Essay” Scholarship
The Scholarships360 $10,000 “No Essay” Scholarship is open to all students who want some extra help paying for their education.
LeverEdge Association Scholarship Program
The Scholarship is open to all residents of the 50 United States, the District of Columbia, age 17 or older at the time of entry. Employees and contractors of LeverEdge Association are ineligible to participate in the Scholarship Program.
Christian Connector Scholarship Drawings
The Christian Connector offers various scholarship drawings for Christian/Faith Based colleges and universities. Since 1995, our mission has been to help connect students with the right schools for them.
CollegeXpress Scholarship
Carnegie Dartlet, the organization that houses CollegeXpress, is an educational publisher and higher education marketing agency.
Appily Scholarship
The Appily scholarship application is fast and easy. Scholarship Eligibility: This scholarship is open to high school sophomores, juniors, and first semester senior students for all majors and schools.
The Lenny Scholarship
The Lenny Scholarship offers $1,001 US to support young individuals aged 16 and above, enrolled in college and residing in the US or India.
Common Financial Aid Questions
Below you’ll find some of the most common questions undergraduate students have about financial aid, loans and applying for aid. We encourage you to review them, and we always welcome you to reach out to us with your questions. Students, parents, and borrowers require an FSA ID to log in and sign the application. If you accept the student loan and you are a first-time borrower, you must complete the Master Promissory Note and Entrance Loan Counseling session online at: studentaid.gov. Once the financial aid office receives confirmation that you completed your loan entrance counseling and MPN, and you are enrolled for the minimum number of required credits, your financial aid will be applied to your student account.
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