Grants

Online & Hybrid Undergraduate

We are committed to making college affordable! There are several grant options available for undergraduate students studying at a BVU site or online.

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Federal Pell Grants

Students with a prior baccalaureate degree are not eligible. Individual award amounts will vary based on a federal eligibility formula and enrollment, with the maximum full year, full-time award expected to be $6,345. To be eligible for a Federal Pell Grant, BVU must receive the results of your federal aid application (FAFSA) while you are still enrolled. Other documentation may also be required. Eligibility is capped at six years.

Federal Supplemental Educational Opportunity Grants (FESOG)

Available to some 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. Priority is given to students who file a FAFSA by June 1 and list Buena Vista University on the application. Limited funding will be awarded on a first-come, first-served basis.

Federal Teach Grants

May be awarded to students who intend to teach and who have been accepted into an eligible program. In exchange for the grant, recipients must serve as a full-time teacher in a high-need field, in a school serving low-income students for at least four years within eight years of graduation. Students who don’t complete their teaching obligation as indicated will be required to repay any funds received as a Federal Direct Unsubsidized Loan, with interest accruing from the time the grant was disbursed. A CGPA of 3.25 is required. Interested students should contact the Office of Financial Assistance for additional guidance.

Gift Assistance from the State of Iowa

Available to Iowa residents. To renew any award, you must normally apply by any deadlines that apply. Your award will not be official until your eligibility has been approved by the Iowa College Student Aid Commission. If available state funds are insufficient to pay the full amount of each approved state grant, the Iowa College Student Aid Commission has the authority to administratively reduce the award. Students from states other than Iowa should check with the proper agency in their state to receive information on availability of state-sponsored scholarships.

Iowa Tuition Grants

Available, based on financial need, for up to the equivalent of eight full-time semesters of undergraduate study. You must meet Iowa residency requirements and apply by the July 1 deadline to be considered for this state gift award. The maximum amount for which you may qualify is determined by the difference between your Buena Vista University tuition and the average tuition at the Iowa Regent universities. Awards are available for full-time and part-time enrollment and may be used for tuition only.

Iowa National Guard Educational Assistance Grants

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 Regent Universities.

Other Programs

Other gift aid programs, such as the All Iowa Opportunity Scholarship (AIOS), Iowa Education & Training Voucher Grant (ETV), Gear Up Iowa Scholarship (GUS) and Future Ready Iowa (FRG) are available from the State of Iowa in limited amounts. Some awards are renewable, and others are not. Information regarding these grants is available at iowacollegeaid.gov.

BVU awards scholarships annually through the Phi Theta Kappa scholarship. Scholarship Application

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