All first-year and transfer students who are accepted for admission at William Peace University will be considered for merit-based scholarships and grants. These scholarships are renewable through a four-year period, provided you maintain a designated minimum grade point average.
Qualified students are awarded Merit Scholarships of up to $16,000 every year. Scholarships are awarded based on weighted cumulative grade point average and the highest combined critical reading and math SAT/ACT scores.
Adult and professional students (School of Professional Studies) are not eligible for institutional aid.
The Presidential Scholarships are awarded to qualified students who have earned exceptional academic records. Students who have earned exceptional academic records could earn between $14,000 to $16,000. These students should also possess exemplary characteristics of leadership ability and/or special talents that would enable them to make significant contributions to campus life. These merit-based scholarships are renewable for an additional three years of study at William Peace University, provided recipients maintain Satisfactory Academic Progress with Financial Aid.
William Peace Scholarship
The William Peace University Scholarships are awarded to qualified students who have earned outstanding academic records and who, in the judgment of the university representatives, display potential for making significant contributions to the William Peace University community. Students who demonstrate the qualifications of the William Peace Scholarship could earn between $9,000-$12,000. These merit-based scholarships are renewable for an additional three years of study at William Peace University, provided recipients maintain Satisfactory Academic Progress with Financial Aid.
The Pacer Grants are awarded annually on the basis of academics. Students who meet the qualfications of the Pacer Grant must have at least a 2.5 H.S. GPA to be considered for $4,000. These merit based grants are renewable for an additional three years of study at William Peace University, provided recipients maintain Satisfactory Academic Progress with Financial Aid.
Transfer Merit Grants
Students who transfer into William Peace University may also be eligible for merit-based grants. Students who meet the requirements of the Transfer Grant can earn between $7,000 to $15,000. These grants are awarded on the basis of the number of transferable credits earned at an accredited college or university and on the cumulative grade point average earned at each institution attended. The Transfer Merit Grants are renewable for up to two additional years, provided recipients maintain Satisfactory Academic Progress with Financial Aid.
Students accepted into the Honors Program are awarded a $1,000 scholarship. In order to qualify, students must be accepted into the University before April 1st. All first year students with 3.7+ Weighted GPA are eligible to apply. Honors Applications take a look at GPA, SAT/ACT, short answers and essays. Students may be required to interview with the honors committee as well. Honors scholarships are renewable for an additional three years of study at William Peace University provided recipients actively work toward completion of the Honors Program curriculum and maintain a “B” average (3.00).
Phi Theta Kappa Honor Scholarship
WPU offers up to $2,000 in scholarship funds to members of Phi Theta Kappa Honor Society. Members are eligible to apply for these funds and scholarships must be applied toward tuition. Members of Phi Theta Kappa should apply for the scholarship directly through William Peace University. Several factors are considered in the allotment of awards, including financial need, academic merit and student involvement in extracurricular and volunteer activities.
Students who are interested in pursuing a degree in Fine Arts at William Peace University are eligible for an additional scholarship. Students must interview and audition with the respective department. Students must meet the minimum requirement for admission and must be a first year applicant to William Peace University. This scholarship is renewable at the discretion of the Department Chair of the B.F.A program.
Siblings who are simultaneously enrolled in the day program at WPU, each receive a $500 per semester grant. Students may apply to have the grant renewed each year both siblings are enrolled at WPU. Students must alert the Office of Financial Aid of their eligibility.
Sloan Scholars Program for Presbyterians
Through the Sloan Scholars Program, WPU will award up to $5,000 per year to students who are certified by the Session of their Presbyterian Church as an active member of the congregation. Eligible students must meet all WPU admission requirements and be in the top 1/3 of their high school class. Priority will be given to students who demonstrate financial need. The scholarship is renewable for all three years provide the student maintains a “C” average (2.00) and maintains good social standing at WPU. This scholarship is available to both in and out of state students, with preference given to North Carolina residents. Please upload certified letter from the Presbyterian Church via your admissions application portal.
There are limited funds for the above listed scholarships. All awards cannot exceed tuition and are determined by the appointed committee. The Board of Trustees can change these limitations at any time. Students must maintain certain standards for renewability. It’s the student’s responsibility to know what those standards are and to maintain them at all times during the awarded time of the scholarship and/or grants.
Your financial aid award is subject to revision upon final verification of credits transferred into the program along with the number of hours enrolled and successfully completed each semester/term. Your award may be reduced based on final funding by the award agencies (NC General Assembly, US Department of Education, etc.). Students are required to make consistent progress toward the completion of their degree to remain eligible for certain financial aid programs. Students may also be required to submit additional documentation to verify the information submitted on the FAFSA.
How Do I Apply for Financial Aid?
A quality private education doesn’t have to break the bank. It doesn’t have to be difficult either. That’s why 91% of our students are awarded some type of financial aid. We make it easy for you and your family.