Institutional Scholarships Offered At Everest


ZENITH STUDENT GRANT

The Zenith Student Grant is a multimillion-dollar institutional grant program awarded on an annual basis to students of Everest and WyoTech schools owned by Zenith Education Group who demonstrate financial need. This institutional grant is available for new and continuing students enrolled on or after February 3, 2015 for current and future academic periods. The amount and source of the grant, which can be up to $10,000 per academic year, may vary by student based on:

  • The Expected Family Contribution (EFC) as calculated by the Free Application for Federal Student Aid (FAFSA) and reported to the student via the Student Aid Report (SAR)
  • The demonstrated financial assistance needed
  • Institutional grant funding availability

The grant may be used to cover any confirmed unmet financial need in excess of the student’s EFC once Title IV and all other available funding sources have been exhausted up to the direct cost of attendance for the program in which the student is enrolled.

Eligibility

To be eligible, the student must:

  • Apply each academic year
  • Meet all application deadlines
  • Maintain satisfactory academic progress throughout his/her course of study
  • Be able to receive federal Title IV financial aid

Obtaining grant funds

The grant will automatically be credited to your account upon completion of the financial aid application processes and award confirmation. The grant is non-transferable and cannot be exchanged for cash.

Renewing the grant

Students must reapply each academic year by the institutional deadline and meet eligibility requirements in order to be considered for the Zenith Education Grant. The grant amount may change each year based on the student’s:

  • Determined financial need
  • Enrollment
  • Timeliness of his/her financial aid application
  • Institutional grant funding availability

ZENITH GRADUATION FINANCIAL ASSISTANCE

The Zenith Graduation Financial Assistance is a multimillion-dollar, non-need-based institutional financial assistance program awarded to students who graduate from Everest schools owned by Zenith Education Group and were actively enrolled in their current course of study prior to February 3, 2015. The amount of the financial assistance, which could be up to $10,000 per current and future academic period, may vary by student based on the number of modules, courses or credits remaining in order for the student to complete his/her program of study, and the time frame of application submission.

The financial assistance provides a 20 percent tuition reduction, prorated for the student’s remaining time in the program in which he/she was actively enrolled as of February 3, 2015 through his/her expected graduation date at the time he/she applies for the financial assistance. For students who apply on or before May 2, 2015, the tuition reduction effective date is February 3, 2015. For students who apply after May 2, 2015, the tuition reduction effective date is the date the application is submitted.

Students who withdrew prior to February 3, 2015, but reenter prior to August 2, 2015, may also apply upon reentry and be eligible upon graduation for a supplemental graduation financial assistance of up to $5,000 for the purpose of covering any prior academic year balances incurred for the program that they reenter.

Eligibility

To be eligible, the student must:

  • Apply for the Zenith Graduation Financial Assistance
  • Meet all application deadlines
  • Maintain satisfactory academic progress throughout the remainder of his/her program
  • Graduate from the program for which he/she is enrolled at the time of applying for the financial assistance

Obtaining Financial Assistance funds

The financial assistance amount will be applied to the student’s account as a non-cash payment at the time of graduation to cover any outstanding tuition or fee expenses, and any credit balance that results will be resolved by:

  • A payment to the government as reimbursement for payments received by Everest from the student’s federal student loans to reduce his/her loan obligation.
  • A payment to the lender as reimbursement for the payments from a private student loan that the lender directly disbursed to Everest.
  • A payment to the student for any tuition he/she previously paid directly to Everest.

The financial assistance is non-transferable.

Contact Everest University Online, a division of Everest University, to learn more about the institutional scholarship for which you may qualify.