Scholarships and awards are one way to pay for college. Unlike loans, scholarships and awards do not have to be repaid.
There are two main types of scholarships: those offered to you from William Peace University (WPU) and outside scholarships (click to jump to that section).
All first-year and transfer students who are accepted for admission at William Peace University will be considered for merit-based scholarships and grants — without further action required.* These scholarships are renewable each year if you maintain a designated minimum grade point average.
Qualified students are awarded grants or Merit Scholarships of $4,000 to $17,000 every year:
- Presidential Scholarship – $17,000 — GPA 3.5+ or ACT 26+ or SAT 1230+
- William Peace Scholarship – $16,000 — GPA 3.0-3.49 or ACT 20-25 or SAT 1030-1229
- Pacer Scholarship – $10,000 — GPA 2.5-2.99 or ACT 18-19 or SAT 960-1029
- Access Scholarship – $10,000 – GPA <2.5
Adult and professional students (School of Professional Studies) are not eligible for institutional aid.
*Except the Honors and Theatre Scholarships, which require additional application materials.
Other WPU Scholarships
In addition to the WPU Merit Scholarships, you may qualify for additional WPU scholarship or grant funding.
Wake Tech Transfer Scholarship
The William Peace Pathways scholarship is specific to transfer students from Wake Tech Community College and who have earned their Associated degree from WTCC. Students must have maintained a GPA of 3.0 or higher to be eligible. This scholarship is renewable each year pending good academic standing. Nearly all graduates from WTCC who transfer to WPU receive some form of merit-based scholarship and are consistently high achievers during their Pacer experience. Students earning an AA/AS from Wake Tech Community College will be considered for this award after applying to WPU and upon completion of the FAFSA.
WPU Transfer Scholarship
Students who transfer into William Peace University may also be eligible for merit-based scholarships. Students who meet the requirements of the WPU Transfer Scholarship can earn between $10,000 to $16,000. These scholarships 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 scholarships are renewable for up to two additional years, provided recipients maintain Satisfactory Academic Progress with Financial Aid.
Community Service and Leadership Scholarships
At William Peace University, our student body is filled with future leaders, community advocates, and world-changers. These students discover their passions and career paths on campus and contribute endlessly to the WPU community.
WPU offers a scholarship to recognize Pacers who exemplify these qualities. There are a limited number of rewards for this competitive scholarship opportunity. Upon admittance, select students will be nominated by WPU Admissions Counselors and awarded the Community Service and Leadership Scholarships, from $250 – $1,500 per year. This scholarship is renewable each year pending strong academic standing.
How to be considered?Contact yourAdmissions Counselor who can make the recommendation.
What you’ll need to do:Your Admissions Counselor will work with you to upload a personal statement (video or written or both!) and/or resume that showcases your community service and/or leadership experience. Share with us information about the club you lead, the mission trip you went on, the local project you organized – we want to hear all about it!
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 1. 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.
Note: Unlike other WPU scholarships, the honors scholarship may require additional information. Students may be required to interview with the honors committee. 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 would like to congratulate and honor those students who have demonstrated high academic achievements at the two-year/community college level and who will continue their education at WPU. If you are or were a past member ofPhiThetaKappa, simply send in your proof of membership to your admissions counselor and WPU will grant an additional $2,000 PTK scholarship along with your merit scholarship.
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.
COVID-19 Related Support | HEERF /CARES Act
William Peace University is pleased to offer students the opportunity to receive financial assistance through the Higher Education Emergency Relief Funds, as part of the CARES Act. WPU is using an application for all emergency grants, found by clicking here. Students are receiving grants for COVID-19 related expenses incurred for Cost of Attendance items, which include transportation, technology, room, board, and personal expenses. William Peace University is sending correspondence to each recipient, via email, indicating that the funds will be available within 10 business days either by direct deposit or check. Instructions for direct deposit set up are included in the correspondence. Read Story related to HERF
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.
A quality private education doesn’t have to break the bank. It doesn’t have to be difficult either. That’s why nearly 100% of our students are awarded some type of financial aid. We make it easy for you and your family.
Learn How to Apply for Financial Aid
Keep reading for more information on outside scholarships.
Outside scholarships are funds awarded by entities outside of the federal, state, and institutional aid programs. Outside scholarships are one more option to pay for school without borrowing loans.
William Peace University has launched a partnership with iGrad to curate a personalized scholarship list just for you! To set up your personalized scholarship search:
- Login at igrad.com with your WPU ID and password.
- Answer questions that will match you to eligible, outside scholarship opportunities.
- Get tips and tools to improve your scholarship search.
Where to Look for Scholarships
- High school guidance counselors
- Local businesses, churches, community service organizations
- Employers and associations
How to Avoid Scholarship Scams
- Watch closely anything that requires a fee
- Avoid giving non-relevant personal information
- Be wary of any “Guaranteed” scholarships or “Free” seminars with an up-sell
- Never give out bank/credit card account numbers!
- Avoid interviews in hotels or restaurants
- If it’s too good to be true – it probably is
Outside Scholarship Opportunities
Outside Scholarship Opportunities
- AmeriCorps Education Award
- Benjamin A. Gilman International Scholarship
- College Foundation of North Carolina
- Fulbright Scholarships
- Future Innovator Scholarship
- Gates Millennium Scholarship
- GE-Reagan Foundation Scholarship Program
- Say Yes to Education
- Scholarship America
- United Negro College Fund
This is by no means an all-inclusive list of resources. You can find many more scholarship opportunities by using a scholarship search website, such as:
- College Board FUND FINDER
- CollegeNet Mach 25
- Scholarship Guidance
- Scholarship Opportunities for Minority Students
- Peterson’s Scholarship Search
- Chegg Scholarships
Please Note: All scholarships were valid when posted. The Office of Financial Aid at William Peace University provides external scholarship information as a courtesy. The above lists are provided to you as a reference tool. They should not be construed as an endorsement by William Peace University of any of the organizations listed.
Important: If You Get an Outside Scholarship
Federal regulations require that these scholarships be incorporated into a student’s financial aid award. That means if you receive an outside scholarship, you must report it to William Peace University so our team can factor it into your full financial aid package. An outside scholarship is first applied to the self-help portion of the student’s award (Federal Work-Study or need-based loans) prior to reducing WPU scholarships and grants.
After all of the self-help portion of the award has been replaced, WPU scholarships and grants may be reduced, dollar for dollar, for any remaining amount.
How to Report Outside Scholarships
Students must notify the Financial Aid office of all outside awards received, including awards paid directly to you. Please report your outside scholarships to our office using our online Scholarship Reporting Form and include a copy of any correspondence (e.g., letter or email) from the scholarship donor if available.
How to Receive Outside Scholarship Funds
Scholarship agencies should send students’ outside scholarship payments directly to WPU Student Accounts. The scholarship check should be made payable to William Peace University so that funds may be credited directly to the student’s university bill. The student’s full name and Student ID number should be included in the memo section of the check.
Checks made payable to the student or co-payable to the student and WPU must be signed by the student prior to submitting the scholarship check to our office.
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Office of Financial Aid
Merit-based financial awards can occasionally cover a substantial portion of four or more years of college, but full-ride scholarships are exceedingly rare.How do you maximize merit scholarships? ›
- Fill out the FAFSA. Federal rules have changed. ...
- Apply to schools where you rank high academically. ...
- Apply to schools that offer a lot of financial aid. ...
- Do your research. ...
- Compare net prices before making a decision. ...
- Don't be afraid to negotiate.
Share this Article. Merit-based aid offers financial support based on a student's academic achievements. Need-based aid provides funds for students based on their level of financial need. Students may receive both types of aid to fund their postsecondary studies.What is a good GPA for merit scholarship? ›
Minimum requirements range from around 2.0 on the lower end to 3.75 or higher for competitive academic scholarships. Generally speaking, a 3.0 GPA or higher will give you a decent shot at qualifying for a variety of scholarships.Is it hard to get a merit award? ›
Still, even if a highly selective school offers merit scholarships, these awards are difficult to win — you'll be competing against a huge pool of similarly talented students for a limited number of scholarships. So if you're applying to top colleges, don't count on getting tons of merit aid from them.What is the hardest scholarship to get? ›
- Rhodes Scholarship.
- Fullbright Scholarship.
- Gates Cambridge Scholarship.
- Princeton Scholarship.
- Mitchell Scholarship.
- Churchill Scholarship.
- Marshall Scholarship.
- Jardine Scholarship.
Gaining recognition as a National Merit Semifinalist is a prestigious achievement to include on college applications, and many colleges and corporate sponsors offer special scholarships to these students, even if they don't become finalists.What percentage of people get merit scholarships? ›
Over 1.7 million scholarships are awarded annually. However, only 7% of college students will receive a scholarship. The U.S. Department of Education awards an estimated $46 billion in scholarship money annually.How do you answer merit scholarship questions? ›
Highlight your personality traits that are relevant to the scholarship. If you know what they're looking for, then mention those skills! This is great for students who might not have extracurricular activities related to the scholarship but instead have qualities that would make them an asset to the organization.Does fafsa affect merit scholarships? ›
The short answer is yes, you can get scholarships without the FAFSA. But, not filing the FAFSA may limit your scholarship opportunities.
All winners of Merit Scholarship awards (Merit Scholar® designees) are chosen from the Finalist group based on their abilities, skills, and accomplishments—without regard to gender, race, ethnic origin, or religious preference.
Merit aid helps lower college costs.
Merit aid is a form of college financial aid that does not consider a student's financial need, but rather is awarded based on academic, athletic, artistic or special-interest merit.
A merit-based scholarship awards money for college to applicants who demonstrate high achievement and accolades. Merit awards may be available for students who rank highly in grade point average (GPA), standardized test scores, extracurricular recognition, athletic performance, leadership involvement or community work.Who is more likely to get a scholarship? ›
The odds of a student winning a scholarship vary according to student characteristics, such as grades, test scores, field of study and race. Grades: Students with a 3.5 to 4.0 unweighted GPA are twice as likely to win a private scholarship as students with less than a 3.0 GPA.Is a 3.5 GPA good enough for scholarships? ›
A 3.5 GPA will make it easier to find scholarships, but it won't guarantee you a scholarship. You'll also need to have good test scores and extracurriculars in order for your application to be considered. Nevertheless, there are numerous benefits to applying for a 3.5 GPA scholarship.Can I lose my scholarship after one semester? ›
Most scholarship providers will expect you to meet specific criteria to receive funding, such as maintaining your grades or enrolling in a certain number of credit hours each semester; if you fail to meet these guidelines, the scholarship may be revoked resulting to a lost scholarship.What GPA do you need for a d1 scholarship? ›
To be academically eligible for a DI scholarship your student-athlete needs to have at least a 2.3 GPA on a 4.0 scale. However, it's not quite as simple as looking at their transcript and checking the overall GPA.What percentage do you need to get a merit? ›
The boundary zone for the merit level is between 58% and 59.9%. the distinction level is 70% or above.Is merit better than honors? ›
Honor Roll - A grade point average of 3.5 or higher for the 9 week grading period. Merit Roll - A grade point average of 3.0 or higher for the 9 week grading period. No student will be placed on the Honor / Merit Roll if they receive a D or F in the same grading period, regardless of GPA.What is the SAT score for merit scholarship? ›
The short answer is that you should aim for an SAT score between 1200 and 1600 if you want to secure some scholarships based on merit–and the higher within that range you score the more money you're looking at.
Some colleges, especially private schools, automatically consider each applicant for a merit-based scholarship, which is awarded during the acceptance process. These types of scholarships are often the easiest to obtain, since they do not require a separate application.What are the two most common scholarships? ›
Common types of scholarships for college are merit-based scholarships, need-based scholarships, and athletic scholarships.Who wins Coca Cola scholarship? ›
The scholarships offered by the Coca-Cola Scholars Program are awarded to high school seniors based on their achievements. Therefore, awardees are recognized for their leadership capabilities, commitment to and impact on their schools and communities.What do merit scholarships look for applicants that have? ›
A merit scholarship is a scholarship awarded to students who have a record of achievement in academics (including grades and test scores), extracurricular activities, and leadership in their community. These scholarships can be awarded by specific colleges and universities, as well as private organizations.What is the difference between merit scholarships and scholarships? ›
Need-based scholarships are awarded based on financial need. They are eligible for each year of college enrollment. By contrast, scholarships based on merit are granted to students who illustrate academic or athletic achievement, along with a range of other talents and criteria.What does merit scholarship won mean? ›
Unlike need-based scholarships, merit scholarships are not restricted by a student's financial situation; rather, a merit scholarship is a monetary gift doled out by a private organization to students who excel in a certain area.How likely am I to win a scholarship? ›
7% of students are likely to receive a scholarship. Only 1.5% of students will receive a full scholarship. $8.8 billion was awarded in need-based scholarships. White students have a 14.2% chance of getting a scholarship, while minority students have 11.2%.Who decides who gets a scholarship? ›
Here is how the award process often works. A student applies to a school, and the admission office decides whether to accept the applicant. If the school gives merit scholarships, the decision typically will be made during the acceptance process, usually based on the student's grades and test scores.How much does the average student get in scholarships? ›
The average institutional scholarship award is $6,335. About four in 10 scholarship recipients received funds from their state, with an average award of over $2,362.How do you answer why I should win this scholarship? ›
Talk about your Passion and Persistence
Letting your passion show through in your answer allows the committee to see your dedication. You deserve this scholarship based on your love of learning, your enjoyment of your field, or your passion for growth.
- Be punctual. ...
- Dress appropriately. ...
- Make a good first impression. ...
- Be brief and honest with your answers. ...
- Have some questions ready for the interviewers. ...
- Be prepared to reiterate the basic information you supplied on your application. ...
- Don't be negative.
- Explain how the scholarship money would contribute to your long-term goals. ...
- Focus on the purpose of the scholarship. ...
- Don't be afraid to promote yourself. ...
- Use a thesis statement, just like you would with any other essay.
Merit-based financial aid (also called merit scholarships or merit awards) is financial aid offered in recognition of student achievements (e.g. academic, athletic, artistic, etc.). Unlike need-based financial aid, merit-based financial aid does not consider the financial need of the student or family.Should you pay for scholarship searches? ›
Do not pay for information, to apply for the scholarship, or to receive the scholarship. You should never have to give money to apply for or receive a scholarship. Always use reputable sources for your search. Many phony websites are set up to trick you into providing personal or financial information.Is a merit scholarship taxable? ›
Generally, you report any portion of a scholarship, a fellowship grant, or other grant that you must include in gross income as follows: If filing Form 1040 or Form 1040-SR, include the taxable portion in the total amount reported on Line 1a of your tax return.Can sophomores qualify for National Merit? ›
Can Sophomores Qualify for a National Merit Scholarship? The National Merit Scholarship Program is only open to high school juniors.How do I know if I am a National Merit Scholar? ›
Students whose scores qualify them for recognition in the National Merit Program will be notified through their high schools in September following the test administration.What score do you need on the PSAT to get National Merit? ›
To be competitive for National Merit Semifinalist status, students need to score about 1400 on the PSAT in less competitive states like Wyoming, Montana, and North Dakota . . . or about 1470 on the PSAT in more competitive states like Connecticut or New Jersey.What are the disadvantages of merit? ›
Merit pay plans may create problems in employee relationships, problems in morale related to jealousy, fear, favoritism, undesirable competition, and job insecurity. Merit programs tend to develop divisive and competitive attitudes rather than cooperation among employees.Should I say yes for need based financial aid? ›
Please indicate “yes” to the question on the Common App regarding “need based aid” – there is no impact on your admissions- we refer to this as “need blind admissions”.
Although the least desirable form of financial aid, student loan programs allow you to borrow money at interest rates that are lower than loans not intended for education.What is the hardest type of scholarship to get? ›
- Rhodes Scholarship.
- Fullbright Scholarship.
- Gates Cambridge Scholarship.
- Princeton Scholarship.
- Mitchell Scholarship.
- Churchill Scholarship.
- Marshall Scholarship.
- Jardine Scholarship.
The list, compiled using offer information from Rivals, lists Stanford as the hardest scholarship offer to get, as David Shaw and his staff offered just 69 prospects. The top five is rounded out by Washington (80), Oklahoma State (91), Northwestern (102) and Miami (117).How rare is a full scholarship? ›
How hard is it to get a full ride scholarship? Less than 1 percent of students get full ride scholarships, showing just how difficult it is to earn one. However, with the right background, proper planning and by knowing where to look, your chances of landing a full ride scholarship can increase.Are merit scholarships prestigious? ›
Merit-based scholarships are one of the best ways for high school students to pay for college. These scholarships award academic excellence and can range from a few thousand dollars up to a full ride scholarship.How likely is it to win a scholarship? ›
7% of students are likely to receive a scholarship. Only 1.5% of students will receive a full scholarship. $8.8 billion was awarded in need-based scholarships. White students have a 14.2% chance of getting a scholarship, while minority students have 11.2%.Does FAFSA affect merit scholarships? ›
The short answer is yes, you can get scholarships without the FAFSA. But, not filing the FAFSA may limit your scholarship opportunities.Who is most likely to get a scholarship? ›
- Grades: Students with a 3.5 to 4.0 unweighted GPA are twice as likely to win a private scholarship as students with less than a 3.0 GPA. ...
- Test Scores: Students with above-average SAT and ACT test scores are more likely to win private scholarships.
Merit aid is a form of college financial aid that does not consider a student's financial need, but rather is awarded based on academic, athletic, artistic or special-interest merit.What SAT score do you need for National Merit Scholarship? ›
Practically speaking, this means that anyone who qualifies as a National Merit Scholarship semifinalist (PSAT scores of 1400/1520 and up, depending on the state of residence) should be able to easily achieve a confirming score (SAT scores as low as 1320/1600, and ACT scores as low as 26/36), especially given multiple ...
On college and scholarship applications, you will likely find questions about your GPA. Ideally, these questions will specify whether they want you to include your weighted GPA or your unweighted GPA. If the application does not specify which GPA, your default should be to list your weighted GPA as it is higher.Why are merit-based scholarships awarded? ›
A merit-based scholarship awards money for college to applicants who demonstrate high achievement and accolades. Merit awards may be available for students who rank highly in grade point average (GPA), standardized test scores, extracurricular recognition, athletic performance, leadership involvement or community work.Can average students win scholarships? ›
While many scholarships award outstanding academic, musical or athletic talent, there are ample scholarship opportunities for average students from every walk of life are available.What happens if you win too many scholarships? ›
What happens to leftover scholarship money. If you earned scholarships and grants that add up to more than your total cost of attendance, your school may send you a refund of the leftover scholarship money.