A college education is one of the most important investments you’ll make in your life. At Converse, we are committed to helping you afford a personalized, private college education. Your starting cost begins with reduced tuition that compares favorably with both private and premier public universities. You’ll save money by graduating in 4 years or less (over 90% of our graduates do – compare that to much lower rates at public and some private schools). On top of that, federal and state need-based aid, as well as merit-based and talent-based scholarships, drive your bottom-line cost even lower.
Financial Aid is support you may qualify for to help you as you pursue your Converse degree. Aid can come in the form of scholarships, grants, loans, or even student employment. The starting point for all financial aid is to apply to Converse and complete the Free Application for Federal Student Aid also called the FAFSA.
What is the FAFSA?
The FAFSA is an application developed by the federal government so that students can apply for aid at many institutions at the same time. It is free to complete, and it provides information to Converse that allows you to also qualify for other aid from the college and possibly South Carolina.
What are Scholarships, Grants, and Loans?
You may qualify for scholarships and grants from Converse, the federal government, or South Carolina through your academics, talent, or financial need. Scholarships and grants never need to be paid back, although some require you to maintain a certain GPA or credit hour limit.
While you should explore all opportunities for other aid first, loans are a common way to invest in your education and your future. Loans will need to be paid back, but many do not require you to start paying the loan until after graduation or dropping below full-time status. We can talk to you about responsible use of loans and how they can support the incredible value of a Converse experience.
More information about specific aid options and costs of attendance are available through the section below titled “Cost of Attendance and Aid.” You can also contact our office, and we’ll help discuss all of your aid options.
Please follow these steps to apply for financial aid:
1. Apply for an FSA ID
You and your parent should create an FSA ID prior to starting FAFSA on the web so that you can sign the application electronically and transfer tax information from the IRS. Learn how to create an FSA ID.
2. Complete Your FAFSA
You must complete the Free Application for Federal Student Aid (FAFSA) online using Converse school code 003431. The FAFSA application will open online October 1st. Simplify the process by using the IRS Data Retrieval option when your tax return data is requested – this saves you time, expedites the application process, and reduces errors. The FAFSA must be completed each academic year between October 1st and the end of the academic year for which you are applying. Please note: applying early ensures your application can be processed in a timely manner.
3. Complete Your Application and Filing between October 1st and May 1st
Award letters are anticipated to begin going out to newly admitted students by the end of December. We encourage you to complete your application for admissions and the financial aid process prior to November 1st for early letters but no later than May 1st for full consideration of all awards.
4. Send Your Final Transcripts and Other Documents
You will need to submit your final, official transcripts to the Office of Admissions once they are available. Additionally, some students may need to submit other information for verification purposes. Make sure to send your transcripts and other requested information promptly! Failure to send documents in a timely manner may affect the amount of financial assistance you can receive or may result in disqualification for various types of aid.
5. Keep Up with Student Communication
The majority of communications from the Office of Financial Planning will be sent to your Converse email account. You must review your email and announcements regularly to ensure you have the latest information about your financial aid status.
Complete your application for admission to Converse for the earliest response about your admission status. Application deadline is November 1 of each year.
File the Free Application for Federal Student Aid (FAFSA) for the earliest response about your financial aid package.
Make sure you have provided any additional documentation that has been requested by the Financial Planning Office (i.e. – worksheets, tax transcripts, other required information).
Converse Application Deadline – If you complete your application by November 1st you may be invited to attend a Converse Scholars Day where you could receive additional scholarships.
December 15 – 23
Award letters and/or emails will begin to be sent to students who have been admitted and completed the FAFSA. Please note: You must have been admitted to Converse to receive a financial aid offer.
As some aid programs have limited funds, you must file the FAFSA by this priority date for maximum aid consideration.
May 1st – National Reply Date, Enrollment Deposits Due
After you’ve been admitted, you’ll need to send your enrollment deposit prior to May 1st to reserve your place at Converse.
Submit your final high school and/or college transcripts. Many forms of financial aid require these documents to complete your award.
Student bills are made available to you by logging in to your My Converse Portal, and notification of your bill will be sent to your Converse email address.
You can also setup a payment plan to spread your bill over a ten month period by using Tuition Management Systems.
For more information and with questions, please contact the Office of Student Billing.
- Using the IRS Data Retrieval Tool
- Understanding Satisfactory Academic Progress
- Veteran Educational Benefits
- Financial Aid for Study Abroad
- Student Aid Eligibility Worksheet for Question 23
- Untaxed Income Form
- Verification Worksheet – Dependent
- Verification Worksheet – Independent
- Instructions for Obtaining Verification of Non-Filer Status
- Entrance Counseling & Master Promissory Note Instructions
- Undergraduate Award Information Brochure