Adult Converse II Cost and Aid
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Adult Converse II Cost and Aid

Converse College Open House

Converse II is a tuition discount program to help you get the most value out of continuing your education. With tuition charged by the credit hour, you have more flexibility in your courses as well as your costs. Additionally, you may qualify for a number of state and federal aid programs making your Converse degree even more affordable.

Cost of Attendance

2018-2019 Tuition and Fees
Tuition: $380 per credit hour

Technology Fee: $35 per term
Registration Fee: $20 ($50 for late registration)
Parking Fee: $25 per term
Application Fee: $40
Audit Fee: $75
Promissory Note Fee: $25
Drop/Add Fee : $20
Graduation Fee: $150

2018-2019 Financial Aid Cost of Attendance

Tuition & Fees (Based on 12 credits per semester): $9,120
Fees: $160
Off-Campus Living Allowance: $10,930
Books: $1,350
Transportation: $2,820
Personal Expenses: $2,200
Total Financial Aid Cost of Attendance: $26,580

*Please note – if you are not registered full-time, the cost of attendance will be adjusted accordingly.

Other fees apply for transcripts, drop/add, laboratory and studio courses, private music lessons, and in other circumstances. See the academic catalog for a detailed list of fees.

The availability of scholarships, grants and loans for Converse II students will vary greatly on your enrollment status (full-time or part-time) and what previous coursework you have completed. Below are potential sources of additional funding, but you’ll want to complete your Converse II application and complete your FAFSA as soon as possible for more information.

Part-time and full-time Converse II students may be eligible for need-based federal grants.

Federal Pell Grant
Pell Grants are the most frequent form of federal grants for students and are awarded on a sliding scale based on need at a maximum of $5,815.

Amount: Up to $5,815
Need-based federal grant
Eligibility determined by the FAFSA

Federal Supplemental Educational Opportunity Grant (FSEOG)
SEOG Grants are awarded to students based on need. SEOG funds are limited, so complete your Converse application and FAFSA as soon as possible for maximum consideration.

Amount: $500
Need-based grant
Eligibility determined by the FAFSA

If you are a resident of the state of South Carolina and enroll full-time as a Converse II student, you may qualify for aid awarded by the state. While not all programs require you to file the FAFSA to be eligible, we strongly encourage you do complete the FAFSA to expedite the process. Visit S.C. Commission on Higher Education for more information.

South Carolina Tuition Grant
Amount: Up to $3,200
This grant is awarded to South Carolina resident students with demonstrated financial need who choose to attend a private, 4-year college in the state. Around 90% of Converse students who are South Carolina residents receive this grant. You must submit the FAFSA by June 30 to qualify.

LIFE (Legislative Incentive for Future Excellence) Scholarship
Amount: $5,000 first year to $7,500 with enhancement
Full-time Converse II students may be eligible for the Life Scholarship under certain circumstances. Recipients must maintain a 3.0 college GPA and earn 30 credit hours per year, and an enhancement is available for sophomores who are science or math majors and completed 14 credit hours in science or math courses during the freshman year.

While we encourage you to pursue all grant, scholarship, and work opportunities first, Federal Direct Loans are a way to invest in a college education to prepare you for your future. Unlike loans on objects that depreciate, a college education becomes even more valuable later in life and can never be taken away.

The Federal Direct Loan Program is a low-interest loan made to you by the U.S. Department of Education in two possible forms. Some students will qualify for a subsidized loan which is based on financial need as calculated based on information contained in the Free Application for Federal Student Aid (FAFSA).  Interest on subsidized federal direct loans does not accrue as long as you are enrolled at least half-time in an eligible degree program. You may also qualify for an unsubsidized loan which accrues interest during your enrollment. This interest may be paid while you are enrolled or you can choose to allow the interest to capitalize.  This means that when you enter repayment, you will owe the principal balance borrowed plus any interest that has accrued.

Repayment for federal direct loans does not begin until six months after graduation or after you drop below half-time status. More information can be found on the Federal Student Aid website.

Direct Loan Annual Limits

Freshmen students – Up to $5,500 (of which only $3,500 may be subsidized)
Sophomores – Up to $6,500 (of which only $4,500 may be subsidized)
Juniors and Seniors – Up to $7,500 (of which only $5,500 may be subsidized)

If you are a dependent student and your parents are ineligible for the Federal Direct PLUS Loan, you may be eligible to receive additional Federal Direct Unsubsidized Loan funds.  Parents of dependent students may apply for the Federal Direct PLUS Loan online at studentloans.gov.

Direct Loan Aggregate Limits

The U.S. Department of Education does impose an aggregate limit on federal direct loan borrowers for an undergraduate degree.  Once you have reached these aggregate limits you are prohibited from borrowing additional federal direct student loans.  We encourage you to always borrow conservatively considering only the amount you need for educational expenses.

The total aggregate limit for dependent undergraduate students is $31,000.  For independent students, this limit is $57,500.  For both dependent and independent undergraduate students, no more than $23,000 of the total aggregate borrowed may be subsidized.

All degree-seeking undergraduate students may qualify for some form of Federal Direct Loan; however, to be considered you must complete the Free Application for Federal Student Aid (FAFSA) each academic year.

Federal TEACH Grant

The TEACH (Teacher Education Assistance for College and Higher Education) Grant is a federally funded program for students who plan to teach in both a critical subject and critical geographic area. The grant is currently $3,708 per year; however, it converts to a loan with accrued interest if certain conditions are not met. Learn more about the TEACH Grant through:

South Carolina Teacher Loan

To encourage talented and qualified S.C. students to enter the teaching profession, the State of South Carolina developed the Teachers Loan Program to assist students with college expenses. The loans can be canceled at the rate of 20% per year by teaching in S.C. public schools in state-designated areas of critical needs. Applications are available online. The deadline for applying is April 30.

Amount: $2,500 for Freshmen and Sophomores and $5,000 for Juniors and Seniors
Renewable: You must maintain a 3.0 GPA and earn 30 semester hours each year

  • Eligibility is determined by your academic achievements and the desire to major in education
  • As a sophomore, you must pass the Praxis I exam

Visit S.C. Student Loan Corporation for more information

Alternative educational loans are available from private lenders and offer additional financial assistance to students who have exhausted all other sources of funding for their education. These programs are meant to supplement federal, state, institutional and private aid when the cost of attendance (COA) is not fully covered by these programs.

We strongly encourage you to review all financial aid you have been offered to accurately determine the amount of alternative/private loan funds that you may need to borrow. Your financial aid information is available at my.converse.edu

To better estimate your expenses, and to accurately complete self-certification information (part of the alternative loan application process), please consider your cost of attendance to include tuition, room and board, books and other incidental expenses.

Before You Apply…

Before you apply for an alternative private loan, it is important for you to realize that if you proceed with the alternative loan application process that you are making a financial decision that will impact your life well after graduation. Some of the factors you should consider are:

  • What are realistic projections of your starting salary as well as future earnings potential in your field?
  • What other loan obligations do you/will you have and how much of your future income is already committed to those debts? You can view your cumulative Direct Student Loan debt at National Student Loan Data System under “Financial Aid Review”.
  • What are your lifestyle needs/desires after graduation? Can you afford to decrease your projected monthly net income by additional loan obligations?
  • Can any changes be made to your current/future lifestyle needs/wants that would eliminate/reduce the need for an alternative loan?

Applying for an Alternative Educational Loan

If an alternative loan is the only financial aid you desire, the submission of a FAFSA is not required.  It is highly encouraged, however, that a FAFSA be submitted in order to be considered for the most favorable aid for the student.

When you apply for an alternative loan, you must also complete a loan application, a promissory note, a self-certification form, and accepting all loan terms with the lender before the loan funds will be disbursed to the institution.

Choosing a Lender

We encourage you to contact a variety of established lenders about their alternative educational loan product(s). You have the right to select any lender you wish to use for an alternative loan. It is the responsibility of the student to thoroughly evaluate each lender before choosing the one that is right for you.  Converse College does not endorse any particular alternative student loan lender.

For your convenience, lenders that have provided alternative loans to Converse students within the past three years can be found online by utilizing ELM Select.

Additional scholarship programs exist through external organizations. For information, view our list of Scholarship Search Resources & Helpful Links.