Scholarships and Student Loans
Admissions decisions are made without regard for the ability to pay. To support this policy, the College has a robust scholarship program and works intensely with eligible students to ensure they can meet financial obligations.
The American College of the Building Arts makes available various loan and scholarship options based on financial need. For more information contact the Registrar.
All necessary steps for financing for the academic year must be finalized and payment arrangements completed during the first week of class.
Financial Aid Information
Important Dates:
June 1, 2013- Financial Aid Applications due
June 28 , 2013 – Award dated for 1st Semester
Financial Aid Available
Veteran Students –GI Bill Post 9/11 Benefits
Scholarships
See below
ACBA Deferred Loans
6 Month Deferral after student graduates or leaves the school.
5% Interest Rate 60 month Term
Maximum-$8,000.00
ACBA Non-Deferred Loans
5% Interest Rate 36 Month Term Maximum-$3000.00
ACBA Achievement Loans
6 Month Deferral after student graduates-5% Interest-60 Month Term
Loans can be discounted up to 50% at graduation depending on the GPA.
Maximum-$5000.00
Work Study-$10.00 per hour Maximum $1000.00 per semester
Scholarship Information
Scholarships offered at the American College of the Building Arts are made possible by the generosity of donors willing to help students fund their education. Some scholarships are administered by outside organizations that handle the application and evaluation process. Others are administered by ACBA.
This section provides the information of how and where to apply, due dates, recipient qualifications and the proper processes to follow in applying. It is critically important that you read this entire section and understand the terms and conditions of ACBA administered scholarships before you complete the application.
All award amounts are approximate as they may vary from year to year.
Eligibility and Instructions
Scholarships administered ACBA
Terms and conditions
1. ACBA institutional scholarships are for full time degree seeking students only.
2. Applications must be received by the stipulated deadline.
3. Scholarship awards are for tuition only.
4. Any student withdrawing during the academic year in which an institutional scholarship was awarded to the student, that student may be liable for a pro-rated amount of the award.
The three general criteria used in evaluating scholarship applications at ACBA are:
Financial Need: In addition to the application, two other documents are required:
(1) Determine the Expected Family Contribution using the calculator at collegedata.com.
(2) Students must complete an ACBA Financial Aid request form which requests information found on tax returns and W-2s. Please contact the financial aid office for the current form.
Diversity: ACBA strives for a diverse student body based on gender, race and ethnicity. If the availability of financial aid would contribute to a greater diversity in the student body, it would factor into the allocation of scholarship funds.
Intellectual Ability: For incoming freshmen: students should rank near the top of their graduating class, or have a 3.0 GPA on a 4.0 scale, have ACT composite scores of at least 22 and/or SAT scores of at least 1750.
For continuing students: a GPA of at least 3.0 on a 4.0 scale. For non-traditional students, the selection committee reviews the candidate’s college experience, degree, GPA and post-collegiate history.
Application Process for ACBA Administered Scholarships
The deadline for applying for all ACBA institutional scholarships is June 1. Recipients will be notified in mid June of the award and the amount.
For descriptions of scholarships, click here.
1. Download form using “Save As” button, give application a name, i.e. “J Smith application.” Only one completed application is required to be considered for all ACBA administered scholarships.
2. Submit the completed application as an e-mail attachment to scholarships@buildingartscollege.us.
3. For the application form, click here
Scholarships administered by other organizations:
1. For a listing of scholarships and websites, click here. Go to the web address indicated and follow the instructions for submitting the application.
2. Check eligibility requirements, such as from a specific geographical area, gender, GPA, ethnicity, etc.
Contact Person
If you have questions or need help completing the application, please contact James M. Waddell in the Financial Aid Office at (843) 577-5245 or by email at waddellj@buildingartscollege.us.
