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Understand College Financing
Understanding College Financing
Learn more about the cost of college — and about grants, loans, scholarships, and other financial aid opportunities. Although you’re automatically considered for certain scholarships, it’s important to understand all your options. We are here to help each student and their family understand financial aid, scholarship, grant, and payment options which fit their unique needs.
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Grants
Grants
Grants are funds that do not require repayment. Grants are generally awarded to students with the greatest financial need, which is determined by the completion of the Free Application for Federal Student Aid (FAFSA). The federal grant program consists of Pell, SEOG, and Iraq and Afghanistan Service Grants. State grants include the HOPE Scholarship and Tuition Equalization Grant.
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Scholarships
Scholarships
Morehouse offers both general scholarships, which are open to all students, and scholarships restricted to those within a specific major or field of study. Scholarships may be recommended to you at different times throughout the year as applications become available. Please make note of scholarship deadlines, as late submissions will not be accepted.
To be eligible for scholarships, you must:
- Be a newly admitted or currently enrolled Morehouse student
- Meet the criteria established by the scholarship donors
- Submit all required documents necessary for processing. We strongly encourage that you complete a Free Application for Federal Student Aid (FAFSA) to maximize available scholarships opportunities.
- Maintain GPA, community service hours, or meet other conditions necessary for the scholarship
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Loans
Loans
As incoming freshmen at Morehouse College, it's crucial to understand student loans and their implications. Student loans are funds borrowed from the government or private lenders to cover the costs of tuition, room and board, and other educational expenses. While they can be essential for financing your education, it's important to borrow responsibly and be mindful of repayment obligations.
Student loans typically accrue interest, meaning you'll end up paying back more than you borrowed. Additionally, loans must be repaid after graduation, regardless of whether you complete your degree or find a job immediately. Understanding the terms of your loans, exploring scholarships and grants, and managing your finances wisely can help minimize the burden of student debt in the long run. Make informed decisions about borrowing and prioritize financial literacy throughout your college journey.
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Work Study
Work Study
Federal Work-Study program at Morehouse College provides part-time jobs for our students with financial need, allowing them to earn money to help pay education expenses. The program encourages community service work and work related to the student’s course of study. We understand that financing your education can be a challenge, and we are committed to helping you achieve your academic goals. The Federal Work-Study Program is designed to provide you with an opportunity to earn a portion of your financial aid by working in an approved on-campus job. Students are awarded Federal Work-Study funding up to their Cost of Attendance. Funding is limited as approved by the U.S. Department of Education.
Eligibility requirements for Morehouse College FWS program
- Complete the Free Application for Federal Student Aid (FAFSA)
- Maintain Satisfactory Academic Progress (SAP) as defined by the Office of Financial Aid and Scholarships.
- Be a citizen or permanent resident of the United States.
- Must have financial aid need as determined by the Free Application for Federal Student Aid (FAFSA) and student’s financial aid offer.
- The student’s financial aid file is complete and verified by the Office of Financial Aid and Scholarships.
- Received confirmation of an approved FWS award on your financial aid offer.
Grants
Grants are funds that do not require repayment. Grants are generally awarded to students with the greatest financial need, which is determined by the completion of the Free Application for Federal Student Aid (FAFSA). The federal grant program consists of Pell, SEOG, and Iraq and Afghanistan Service Grants. State grants include the HOPE Scholarship and Tuition Equalization Grant.
Scholarships
Morehouse offers both general scholarships, which are open to all students, and scholarships restricted to those within a specific major or field of study. Scholarships may be recommended to you at different times throughout the year as applications become available. Please make note of scholarship deadlines, as late submissions will not be accepted.
To be eligible for scholarships, you must:
- Be a newly admitted or currently enrolled Morehouse student
- Meet the criteria established by the scholarship donors
- Submit all required documents necessary for processing. We strongly encourage that you complete a Free Application for Federal Student Aid (FAFSA) to maximize available scholarships opportunities.
- Maintain GPA, community service hours, or meet other conditions necessary for the scholarship
Loans
As incoming freshmen at Morehouse College, it's crucial to understand student loans and their implications. Student loans are funds borrowed from the government or private lenders to cover the costs of tuition, room and board, and other educational expenses. While they can be essential for financing your education, it's important to borrow responsibly and be mindful of repayment obligations.
Student loans typically accrue interest, meaning you'll end up paying back more than you borrowed. Additionally, loans must be repaid after graduation, regardless of whether you complete your degree or find a job immediately. Understanding the terms of your loans, exploring scholarships and grants, and managing your finances wisely can help minimize the burden of student debt in the long run. Make informed decisions about borrowing and prioritize financial literacy throughout your college journey.
Work Study
Federal Work-Study program at Morehouse College provides part-time jobs for our students with financial need, allowing them to earn money to help pay education expenses. The program encourages community service work and work related to the student’s course of study. We understand that financing your education can be a challenge, and we are committed to helping you achieve your academic goals. The Federal Work-Study Program is designed to provide you with an opportunity to earn a portion of your financial aid by working in an approved on-campus job. Students are awarded Federal Work-Study funding up to their Cost of Attendance. Funding is limited as approved by the U.S. Department of Education.
Eligibility requirements for Morehouse College FWS program
- Complete the Free Application for Federal Student Aid (FAFSA)
- Maintain Satisfactory Academic Progress (SAP) as defined by the Office of Financial Aid and Scholarships.
- Be a citizen or permanent resident of the United States.
- Must have financial aid need as determined by the Free Application for Federal Student Aid (FAFSA) and student’s financial aid offer.
- The student’s financial aid file is complete and verified by the Office of Financial Aid and Scholarships.
- Received confirmation of an approved FWS award on your financial aid offer.
Additional Resources
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Tuition and Fees
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Financial Aid
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Meet the Admissions Team
We’re here to help you take your student’s educational dreams and turn them into reality.
Paula Resley
Chief Brand Officer and VP of Admissions
Descatur "Des" Potier
Executive Director of Admissions
Michael Gumm
Director of Admissions
Alvin Conteh
Associate Director of Admissions
Sean Burnett
Assistant Director of Admissions
Marilyn Bibby
Student and Family Care Manager
Darrius Pearson
Assistant Director of Admissions
Stefan Harden
Undergraduate Recruiter
Ryan Gray
Senior Recruitment Manager for Online Admissions
Xavier McKenzie
Undergraduate Recruiter
We want to hear from you
Thank you for your interest in attending Morehouse College. Please let us know how we can assist you. Use the information below to connect with the Morehouse Admissions Team.
Mailing Address & Contact Number
Morehouse College
Office of Admissions
830 Westview Drive, S.W.
Atlanta, GA 30314
Phone: (404) 215-2618