FINA

NCIA

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milligan

TYPES OF AIDn Grants. Financial aid programs that do not have to be repaid.

Eligibility determined by student’s financial need.

n Loans. Low interest government-subsidized and unsubsidizedloans to be repaid after student leaves school.

n Scholarships. Monetary recognition for full-time students withoutstanding academic or personal ability who demonstrateacademic promise and achievement.

n Work-Study Employment. On-campus jobs to give studentsan opportunity to earn money while in college. Most payminimum wage.

VALUE

View sample aid packages & more financial aid info :

www.milligan.edu/SFS

COMPREHENSIVE COST FOR 2010‑11$ 22,660 tuition (traditional undergrad)$ 3,000 board (meal plan)$ 2,650 standard dorm room$ 860 required fees$29,170 Total for Year

Costs are the same for in‑state and out‑of‑state students. 2011‑12 rates will be announced in early 2011. See www.milligan.edu.

n Over 90% of Milligan students receive merit-based and/or need-basedfinancial assistance. In many cases, the assistance is substantial.

n Each year the college invests roughly $8 million of its annual budgetdirectly back into our students through institutional scholarships andgrants. This is one-third higher than most colleges and universities.

n Milligan’s published cost of attendance is more than $5,000 below thenational average for similar private institutions.

n Milligan is committed to keeping college affordable for our students.Our Student Financial Services (SFS) Office will work with youindividually every step of the way to help investigate all the optionsavailable for financing your education. We offer a full complement ofneed-based and merit-based scholarships, grants, and low-interestloans from federal, state, and institutional sources. We also have apayment plan that makes budgeting easier for you and your family.

GET AN ESTIMATE: VISIT www.fafsa4caster.ed.govIf you want to get an early start on the financial aid process,FAFSA4caster is for you. Note that this forecaster willindicate only your federal aid. You may also be eligible forstate aid (Tennessee residents) and institutional scholarshipsand aid from Milligan. Contact Milliganʼs SFS office with your results from the FAFSA4caster and we can give you an estimate of Milligan aid, too.

The basic financial aid equation:

COST ‑ EFC = NEED

STEP ONE: FAFSA

Why fill out a FAFSA?The Free Application for Federal Student Aid (FAFSA) is thefirst step in the financial aid process. Use it to apply for federalstudent financial aid, such as the Pell Grant, federal studentloans, work-study, and the Tennessee Education LotteryScholarship (HOPE). Milligan College, like most colleges, usesthe results of the FAFSA to administer all federal, state, andneed-based institutional programs.

Why all the questions? Whatʼs an EFC?Your FAFSA responses are entered into a formula (known asthe Federal Methodology), which is regulated by theDepartment of Education (ED). The result is your ExpectedFamily Contribution, or EFC. The EFC is the figure that thegovernment estimates you and your family can contributetoward your college educational expenses.

How do I find out what my EFC is? The Central Processing Center of ED will send you a report,called a Student Aid Report (SAR), that includes your EFC.

n TIP: If you file the FAFSA online, you will receive the SAR withyour EFC about twice as fast as you would if you submit a paperform. The online FAFSA also has an error-checking function that willhelp you complete the form as accurately as possible.

How much aid do I get?The cost of attendance (COA) of a Milligan education is the fullcomprehensive fee (the total of tuition, room, board, andrequired fees). Your financial need is the difference between theMilligan cost (COA) and your EFC. Schools use your EFC toprepare a financial aid package (grants, loans, and/or work-study) to help you meet your financial need (although not allneed is always met).

When should I file the FAFSA?Submit the FAFSA by Feb 15 for priority consideration (formsare available beginning Jan 1). File online at www.fafsa.ed.gov.Be sure to include Milligan’s school code (003511). Don’t forgetyour PIN numbers at this site — one PIN for each student anda different PIN for parents.

n TIP: Some families incorrectly assume that they do not qualifyfor need-based assistance and skip this important step. The onlyway to make sure that you are eligible to be considered for need-based assistance at Milligan is to submit a FAFSA.

n TIP: If you or your family have special circumstances that impactyour financial situation, tell your Milligan SFS counselor. Examplesinclude unusual medical expenses or a large decrease in incomefrom last year to this year.

n TIP: Sometimes we may request additional documentationaccording to federal, state, or institutional policies. If you are askedto submit tax returns or other documents to the Student FinancialServices Office, please do so promptly.

STEP TWO: MILLIGAN AID

MERIT‑BASED SCHOLARSHIPSYour Milligan admission application also serves as theapplication for Milligan academic scholarships. Allawards can be renewed for up to three years of full-timeenrollment after the year the initial award is made.

HONORS SCHOLARSHIPS Milligan’s most prestigious merit-based scholarships are theOosting, Hopwood, and Beamer Scholarships. To beeligible for these scholarships, applicants must be admittedto the college by Dec. 1. Award amounts range from$11,000 to $23,000 annually.

ACADEMIC SCHOLARSHIPSAwards are based on the applicant’s ACT/SAT and highschool GPA (or previous college GPA for transferapplicants). Annual awards range from $3,500 to $10,000and are given at either the Presidential, Academic Dean, orAlumni & Friends level. (Students are eligible for one levelonly and not a combination.)

FINE ARTS & MUSIC SCHOLARSHIPS Awards are based on the applicant’s ability in theatre or artand the discretion of the respective faculty representative.Award amounts vary.

ATHLETIC SCHOLARSHIPSMinimum requirements: Accepted for admission andselected by coach. Scholarships are available in thefollowing sports: baseball, basketball, cheerleading, cross-country, dance, golf, mountain biking, soccer, softball,swimming, tennis, track and field, and volleyball.

NATIONAL & MILLIGAN BIBLE BOWL SCHOLARSHIPS Recognizes those with strong team or individual placementat either the Milligan Bible Bowl Tournament or NationalTournament. Awards range from $300 to $3,000 annually.

INSTITUTE FOR SERVANT LEADERSHIP SCHOLARSHIPSThe ISL Scholarship program helps students discern theirown individual calling through faith, service, and leadership.Requirements include 15 hours of community service persemester, support of ISL programming, completion of theIntroduction to Leadership class, and a written reflectioneach semester. Please see your Admissions Counselor to

be considered for the ISL scholarship. Awards varyannually.

MILLIGAN COLLEGE WORK‑STUDY EMPLOYMENT Awarded to full-time (12 credit hours) students who desirework and meet eligibility requirements. Minimum wage.From $1,016 to $2,032 annually.

NEED‑BASED AIDMILLIGAN COLLEGE GRANTS Need-based and determined primarily from financial need,as determined by results of the FAFSA. Awards made onthe basis of criteria established by the collegeadministration. Up to $3,000 annually.

Milligan believes that students should be encouraged and recognized for their efforts and abilities. Thecollege offers a variety of scholarships to students. Most merit scholarships are academic, but some areawarded to talented athletes, performers, and artists. Many of these scholarships have been made possiblethrough contributions from alumni, parents, faculty, staff, businesses, foundations, and friends of the college.

More at www.milligan.edu/SFS

Milligan participates in all federal and state aid programs. Students must complete a FAFSA to be eligible. Forcurrent details on federal aid, visit www.studentaid.ed.gov. For Tennessee state aid, visit collegepaysTN.com.

STEP THREE: FEDERAL &STATE AID PROGRAMS

NEED‑BASED: GRANTSRepresents gift aid which does not have to be repaid

FEDERAL PELL GRANTEligibility for Federal Pell Grant is determined by a formulaconsistently applied to all applicants which takes into accountthe cost of attending the institution and the student’s part orfull-time status. It is based on results of information submittedon the FAFSA. Annual awards for 2010-11 range from $555 to$5,550

FEDERAL SEOG GRANT (FEDERAL SUPPLEMENTALEDUCATIONAL OPPORTUNITY GRANT)This federal aid is available to students with exceptionalfinancial need. Priority is given to Pell Grant recipients. Grantsrange from $250 to $1,000 annually.

TENNESSEE STUDENT ASSISTANCE AWARD (TSAA)Only Pell-eligible Tennessee residents may receive this grant. Ifyou are not a Tennessee resident, you may check with theHigher Education Agency in your state to see if your state’stuition grant can be transferred to Tennessee. Amounts up to$4,000 per year.

NEED‑BASED: LOANSRepresents aid which does have to be repaid

FEDERAL DIRECT STAFFORD LOANS: SUBSIDIZEDFederal Subsidized are need-based loans, and the governmentpays the interest while the student is in college. The currentlypulbished interest rate for 2011-12 is 3.4%. The maximum loanis $3,500 for first-year students; $4,500 for second-yearstudents; and $5,500 each subsequent year, up to $23,000over a five-year period.

FEDERAL PERKINS LOANThis low-interest (5%) loan requires you to begin repayment 9months after you cease half-time enrollment status. Awardsgenerally range from $250 to $1,000 annually.

OTHER NEED‑BASED AIDRepresents aid which can be earned by the student

FEDERAL WORK STUDY (FWS)This program provides part-time jobs on-campus for studentswith financial need as established by the FAFSA. Students arepaid the current federal minimum wage. The maximum amounta student may earn depends on financial need and the amountof funding the college has for the program. Eligibility does notguarantee employment but does give students the opportunityto apply for available FWS positions.

NON‑NEED BASED AIDRepresents aid which does have to be repaid

PLUS (PARENT LOAN FOR UNDERGRADUATE STUDENTS)Currently 7.9% fixed rate. Credit-worthy parents may borrow anannual amount up to the cost of attendance (minus other formsof assistance).

FEDERAL DIRECT STAFFORD LOAN: UNSUBSIDIZEDThis companion program differs from the regular Stafford Loanin that the government does not subsidize the interest. Interestaccrues for the full duration of the loan, although there are noprepayment penalties. Available to all students. The baseannual amount for Subsidized/Unsubsidized Stafford Loan is$3,500 for first year undergraduate students; $4,500 for secondyear undergraduate students; and $5,500 for third year andabove undergraduate students. In addition to the annual baseloan amounts, there is an additional annual UnsubsidizedStafford Loan eligibility of $2,000 for undergraduate students.

Complete the FAFSA to applyfor federal and state aid.

See page 2.

SENIOR YEARFALL/WINTERVisit Milligan. You can arrange an individual visit orattend one of our campus visit days. Call 800.262.8337or www.milligan.edu/visit.

Apply to Milligan. Your Milligan admission applicationalso serves as the application for Milligan academicscholarships. Admission decisions are made on a rollingbasis throughout the year. Once accepted at Milligan,you will immediately receive notification of your merit-based academic scholarship award (based on GPA andACT/SAT).

Review Financial Aid information. Visitwww.milligan.edu/SFS to learn about the types of aidavailable and review the glossary of financial aid terms.

Get an estimate. Visit www.fafsa4caster.ed.gov to get anestimate of your federal aid. Official award packages willnot be sent until mid-to-late spring.

Begin search for private scholarships. Use a reputablesource. You should never have to pay for scholarshipinformation. Reputable sources we recommend include:

www.fastweb.comwww.ecampustours.com

WINTERComplete paperwork. Only by completing all thenecessary forms and applications on time can you becertain that you will be considered for every type of aidfor which you may be eligible.

January 1 — Gather info and complete federal tax return as soon as possible

February 15 — Priority date for submitting FAFSA

SPRINGReview Financial Aid Award Letter. Milligan will issuean initial Financial Aid Award Letter and InstructionBook, beginning in March (if you have met prioritydeadlines). This official document details a breakdown ofyour financial aid package according to amount, source,and type of aid. It will also contain the terms andconditions for the financial aid and information aboutcost of attendance. Sign and return your award letterpromptly. (Some awards are first-come, first-serve.)

www.milligan.edu/SFS

MERIT‑BASEDSTATE PROGRAMSTENNESSEE EDUCATION LOTTERY SCHOLARSHIP (HOPE)This is gift aid and does not require repayment. Tennesseeresident by Sept. 1 of senior year in an eligible high school.Minimum 3.0 GPA or 21 ACT/980 SAT. For 2010-11, up to$4,000 annually. The Aspire Award of $1,500 may be added tothe HOPE if the parent’s or independent students (andspouse’s) AGI is $36,000 or less on tax form. GeneralAssembly Merit Scholarhip (GAMS) of $1,000 may be added toHOPE if the student has a 29 ACT and a cumulative 3.75 highschool GPA. Students may receive ASPIRE or GAMS inaddition to the HOPE Scholarship, but not both. Seewww.tn.gov/collegepays for full details. All award amounts aresubject to change through legislative action.

ROBERT C. BYRD HONORS SCHOLARSHIPTennessee resident and U.S. citizen who is an enteringfreshman with 3.5 high school GPA and 24 ACT or 1090 SAT.Must be used immediately following high school graduation.App deadline: March 1. Awards based on Federal funding.Renewable for total of 4 undergraduate years.

NED McWHERTER SCHOLARS PROGRAMTennessee resident and U.S. citizen who is entering freshmanwith 3.5 high school GPA and 29 ACT or 1280 SAT. Appdeadline: Feb. 15. Up to $6,000 per year for four years.

TUITION PAYMENT PLANTuition payment plans are an easy, affordable way to pay for aneducation. The plan is interest free. You pay an enrollment feeof $65 to participate. To enroll, contact Milligan SFS at800.447.4880 or visit www.milligan.edu/sfs. Contact us if youneed assistance in determining the amount you need tofinance.

Office of AdmissionsPO Box 210

Milligan College, TN 37682

www.milligan.edu admissions@milligan.edu

800.262.8337 | 423.461.8730

MILLIGANLIBERAL ARTSMilligan is a flourishing liberal artscollege with a distinctively differentapproach to higher education. Everythingwe do encourages students to reflect onwhat it means to be servant-leaders.Milligan offers traditional undergraduateprograms in over 25 majors plus graduateand professional studies.

LOCATIONYou get the best of both worlds atMilligan. Our picturesque campus islocated in beautiful northeasternTennessee, within minutes of restaurants,shopping, theatres and cultural activities,as well as plenty of outdoor adventureslike hiking, skiing, and more.

NATIONAL RECOGNITIONMilligan is consistently named one of theBest Baccalaureate Colleges in theSouth in “America’s Best Colleges” byU.S. News & World Report.

ACCREDITATION Milligan College is accredited by theCommission on Colleges of the SouthernAssociation of Colleges and Schools toaward bachelors and masters degrees.Contact the Commission on Colleges at1866 Southern Lane, Decatur, Georgia30033-4097 or call 404-679-4500 forquestions about the accreditation ofMilligan College.

FACULTY Our faculty are respected and caringChristian scholars. 80% hold doctorates.A low student-faculty ratio offers personalattention.

STUDENT BODYOur 1,100 students come from more than40 states and 10 nations, so you’ll findstudents with similar interests asyourself, as well as those of differentcultures and viewpoints. 80% live oncampus in one of six residence halls orstudent apartments, creating a truecollegiate environment.

CLUBS & ORGANIZATIONSWith more than 40 social, service,

honorary, and professional organizationson campus, there is something foreveryone.

SERVICE & MISSIONSStudents are involved in a variety ofservice projects and mission workthroughout the world.

CHRISTIAN COLLEGEMilligan is affiliated with the non-denominational ChristianChurches/Churches of Christ and is amember of the Council for ChristianColleges & Universities (www.cccu.org), agroup of 100 colleges and universitieswhose commitment to a Christ-centeredlife goes beyond a mere occasionalreference.

ATHLETIC POWERHOUSEMilligan has over 20 intercollegiate sportsand in the past 10 years, has won morethan 50 conference titles and made 57NAIA tournament appearances. Men’s:Baseball, Basketball, Cross Country, Golf,Mountain Biking, Soccer, Swimming,Tennis, Track & Field. Women’s:Basketball, Cheerleading, Cross Country,Dance, Golf, Mountain Biking, Soccer, Softball, Swimming, Tennis, Track & Field, Volleyball.

COSTS & FINANCIAL AIDMilligan is named one of the Best Buysin the South among bacclaureatecolleges by U.S. News & World Report.Our cost is below the national average,and approximately 96 percent of Milliganstudents receive financial aid, includingacademic scholarships, athleticscholarships, and need-based grants.Visit www.milligan.edu/SFS for cost andscholarship information.