Scholarships and Grants

Returning Students

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Scholarships and Grants

Returning Students

Federal Scholarships & Grants

For federal or state aid eligibility, enrollment status will determine award amounts; full time status for the undergraduate program is 12 or more hours per semester, 3/4 time is 9-11 hours, 1/2 time is 6-8 hours, and less than half-time is below 6 (see Graduate Program section for enrollment status requirements).  Students will not be allowed to include any courses repeated more than one time where a passing grade (D or better) was earned, or courses that don't count towards degree completion, in enrollment status.

Federal Pell Grant
Federal Supplemental Education Opportunity Grant
Robert C. Byrd Scholarship
Federal Teach Grant

State Scholarships and Grants

Iowa Tuition Grant
Iowa Grants
Iowa National Guard Grant
Iowa Education and Training Grant
All Iowa Opportunity Foster Care Grant
All Iowa Opportunity Scholarship

Buena Vista University Scholarships & Grants

The following institutional awards are available to Storm Lake campus undergraduate students only.

Trustee Scholarships
Multicultural Scholarships
Merit Awards-Foundation
Dean's Fellowship
Buena Vista Transfer Scholarships
Sibling Grants
National Presbyterian Scholarships
Buena Vista Grants
Founders Award
Fine and Media Arts Awards

List of Outside Scholarships
Outside Scholarship Search Programs

Federal Grants

Federal Pell Grant - are expected to range from $602 to $5,730 for 2014-15 for eligible students for a full-year, full-time award. Individual awards are determined based on federal formula. Payment is calculated for full-time enrollment (12 or more hours per semester), 3/4 time enrollment (9-11 hours per semester), or half-time enrollment (6-8 hours per semester). Students enrolled less than half-time may also be eligible. To be considered for a Federal Pell Grant, the results of your valid application must reach us while you are still enrolled.  Students with prior baccalaureate degrees are not eligible.

Federal Supplemental Education Opportunity Grant - Federal Supplemental Educational Opportunity Grants (FSEOG) are available to students who show exceptional financial need and, normally, who are eligible for a Federal Pell Grant. These grants are partially federally funded, but awarding is controlled by the University. Because funding is limited, priority is given to students who complete the FAFSA by June 1 and list Buena Vista University on the application.

Robert C. Byrd Scholarship - Robert C. Byrd Scholarships of up to $1,500 are made available by the federal government in the form of grants provided to the state. Students can apply for this scholarship through the Iowa College Student Aid Commission. Evidence of financial need is not a requirement.

Federal TEACH Grant  The Teacher Education Assistance for College and Higher Education (TEACH) Grant Program provides up to $4,000 per year in grant funds for graduate and undergraduate students who intend to teach full-time in high-need subject areas for at least four years at schools that serve students from low-income families .  The grant reverts to an Unsubsidized Direct Loan if the conditions mentioned are not met within eight years of graduation.   To receive a TEACH Grant, students must:

  • Complete the Free Application for Federal Student Aid (FAFSA) before the yearly deadline, although financial need is not required.
  • Meet the eligibility requirements for federal student aid.
  • Meet one of the following academic achievement requirements
    • Score above the 75th percentile on a college admissions test (e.g. SAT, ACT, GRE, or
    • Graduate from high school with a cumulative GPA of at least 3.25 (on a 4.0 scale) to receive a grant as a freshman, or
    • Have a cumulative GPA of at least 3.25 (on a 4.0 scale) on college course work to receive a grant for each subsequent term.
  • Students enrolled in the post-baccalaureate education program are not eligible
  • Be accepted into the BVU Teacher Education Program (TEP)

BVU Process to Receive Funding
These steps must be completed each year you would like to be considered for the TEACH grant.

  1. Complete the Free Application for Federal Student Aid
  2. Check your academic information to ensure you are eligible
  3. Complete the Undergraduate career plans form or the Graduate career plans form letting us know what you plan to teach and that you have carefully read through the informational provided here and that you have carefully considered whether or not to pursue a TEACH Grant.
  4. Complete a TEACH Grant Agreement to Serve
  5. Complete the online TEACH Grant counseling

Iowa Grants

Iowa Tuition Grant - are available, based on financial need, for fulltime undergraduate study and for less than full-time enrollment. The full-time award is currently $4,450 for the 2014-15. The grant may be renewable for a total of eight full-time semesters of study.

Iowa Grants - of up to $1,000 a year are funded by the State of Iowa and awarded by Buena Vista University to Iowa residents. Awards will be made on a need basis, as funds are limited. The award may be renewable.

Iowa National Guard Educational Grants are available to Iowa residents who are members of an Iowa Army or Air National Guard unit while enrolled in higher education. The individual award amount will not exceed the average tuition rate for full-time students at Iowa Regents Universities.

 Other gift aid programs, such has the Iowa Education & Training Voucher Grant, All Iowa Opportunity Foster Care Grant and the All Iowa Opportunity Scholarship, are available from the State of Iowa in limited amounts. These funds currently help Iowa students who have been in foster care, TRIO programs, alternative high schools or are homeless.

These gift sources are available to Iowa residents.  If any of these resources are listed on your Financial Aid Award, they should not be viewed as official awards until your eligibility has been approved by the Iowa College Aid Commission.  In the event that available state funds are insufficient to pay the full amount of each approved grant, the Iowa College Aid Commission has the authority to administratively reduce the maximum award to an amount less than the statutory maximum.

Students from states other than Iowa should check with the proper agency in their state to receive information on availability of state-sponsored scholarships or grants.

 Academic Merit Awards 

Trustee Scholarships, amounting to full tuition, will be awarded to up to five freshmen each year. Applicants for this scholarship must meet two of the following criteria: 3.85 CGPA, 29 ACT or a high school class rank in the top 5 percent. Recipients will be selected through competition. Recipients must enroll fulltime and may renew a Trustee Scholarship by maintaining a 3.25 CGPA and full-time status. Financial need is not required.

The total of all gift aid will never be less than the BVU tuition charge. However, an individual's financial need and direct charges may limit total gift aid (including outside scholarships) received.

Multicultural Scholarships - amounting to full tuition, will be awarded to four full-time freshman students from diverse populations each year. Applicants for this scholarship must demonstrate outstanding academic achievement and possess strong leadership skills. Applicants must complete the Scholarship Application and interview with the Director of Intercultural Programs. Recipients will be eligible to renew a BVU Multicultural Scholarship by maintaining a 2.5 CGPA and full-time status and meeting other criteria established through the selection process.  The award is available for a maximum of four years. Other benefits may be available based on original eligibility. FAFSA completion is encouraged.

Any federal or stat grant funds a Multicultural Scholarship recipient receives will be subtracted from the Multicultural Scholarship. The total of all gift aid will be limited to direct costs.

Foundation Scholarships/Grants of $3,000-$18,250 per year would have been awarded for a student's first year at BVU based on meeting certain academic requirements.  Students enrolled full-time are eligible to renew their individual Foundation Scholarship for up to four years, based on the renewal requirements presented at the time the award was made.  For more information on the renewal requirements for a specific award, please contact the Office of Financial Assistance.  There is no limit on the number of renewal awards available, but only students awarded a Foundation Scholarship as a freshman are eligible to be considered for renewal of that award subsequent years.

Eligible students may receive only one of the above scholarships per year and are able to renew the scholarship amount they received at the time they entered BVU based on the renewal requirements indicated. 

Recognition Awards 

Dean's Fellowship awards of $8,000 ($2,000 per year) were offered prior to the 2008-09 school year through application. Students who have earned an ACT score of 26 or better or students who are in the top 10 percent of their graduating class, and who will enroll full-time, are eligible to apply.

A Dean's Fellowship is renewable for a maximum of four years total with full-time enrollment, a 3.0 CGPA by the end of the freshman year and a 3.3 CGPA thereafter, and upon approval by the appropriate school. The number of awards is limited. Dean's Fellowships made for the 2008-09 year and later carry no upfront monetary value, but do provide funding for value-added experiences.

Honors Program recipients receive a $2,000 travel stipend, priority class registration and research and conference funding.  The Honors Program began in the 2009-10 and is available to entering freshmen who meet two of the following conditions:  3.75 cgpa, 28 ACT or a high school class rank in the top 10 percent.

Fine and Media Arts Awards of various amounts are available to recognize and reward students who demonstrate talent and wish to participate at the collegiate level. Eligible students agree to participate in at least one performance/production group and enroll in at least six hours of fine arts or media studies discipline in the first two college semesters. Students will be required to audition or provide a portfolio and are eligible to renew their award for a maximum of four years by meeting participation criteria.

Other Scholarships and Grants

Founders Award- is available to students who have applied for admission to BV and have visited campus before the yearly deadline.

Buena Vista Transfer Scholarships - are awarded based on the student’s college grade point average. To be considered for one of the transfer scholarships, students must have completed at least one semester of college as a full-time student (12 hours). A student is considered a transfer student after they have graduated from high school or completed their GED and have completed one semester at a community college or four-year college/university as a full-time student (12 hours or more). Please check with the Office of Financial Assistance on individual award renewal requirements.

The number of available awards is not limited.

Sibling Grants - are available to any student who has a sibling enrolled. Eligible students will receive a $500 grant for each year of simultaneous enrollment on the Storm Lake campus. The number of awards available is not limited. 

National Presbyterian Scholarships - of up to $1,400 per year are available to students who show need and apply to the National Presbyterian Church by the yearly deadline. The student’s first year award may be renewed provided the student continues to show financial need and maintains a 3.0 CGPA. The number of awards available is limited.

Buena Vista Grants - are issued to some full-time students. Financial need and/or the total of other BVU gift aid awarded will determine if an award is made. Students must continue to make satisfactory academic progress to renew the award. The number of available awards is limited.

In addition, gifts from friends of BVU, organizations and special endowments are awarded based upon financial need and/or other criteria. Students are automatically considered for these aid sources when they apply for financial assistance each year.

Any awards made from institutional funds will not change mid-year unless enrollment or living arrangements change.

Institutional gift aid is not available for summer school or for part-time enrollment.