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Traditional Undergraduate Scholarships & Financial Aid

If you are a recent high school graduate considering a University of Mount Olive education, your first concern should not be the burden of how to pay for it. Finding the “right fit,” the best academics, and the most positive environment should be your top priority. That’s why making college as affordable as possible is one of our primary goals at the University of Mount Olive.

In order to assist in offsetting the cost of paying for college, the University of Mount Olive is committed to helping each and every incoming freshman student obtain the best financial aid package available. Our dedicated financial aid counselors are ready and available to meet with you individually to discuss the best options for you.

As one of the most affordable private colleges in North Carolina, the University of Mount Olive offers a competitive financial aid package including scholarships, grants, and loans. A summary of scholarships and grants including their criteria and award amount are listed below to help ease you through this process.

Explore the page below by clicking on each section to learn more.

 

How Do I Apply For Financial Aid?

The Free Application for Federal Student Aid (FAFSA) is used to determine what a family can contribute toward educational expenses per academic year. All incoming students except non-US citizens must complete a FAFSA.

To apply for need-based financial aid, you will need to submit a completed FAFSA. It is available at public libraries, local high school guidance offices and financial aid offices. You may obtain a PIN number at any time by visiting www.pin.ed.gov. In order for your FAFSA information to be sent to University of Mount Olive, please include the school code of 002949. Paper copies are also available online at https://fafsa.ed.gov/.

The FAFSA asks for financial information about you and your family, like income and asset information, as well as your academic background. You will receive a Student Aid Report (SAR) based on the information you reported in your application. Be sure to check your SAR for errors and let us know if there are any corrections. We will develop a financial aid package for you based on the information in your SAR.

REQUIREMENTS FOR RECEIVING FINANCIAL AID

To be eligible for financial aid, you must meet the following general requirements:

  • US citizen or permanent resident
  • Officially accepted as a degree-seeking student to University of Mount Olive
  • Maintain satisfactory academic progress in a major course of study
  • Not be in default on an educational loan or owe a refund on a grant received at another college

 

Federal and State Grants & Loans

FEDERAL

  • Pell Grant
    1. Must have financial need
    2. FAFSA Expected Family Contribution must range from $0-$5328
    3. Annual Amount: $596 to $5920
  • Federal Supplemental Educational Opportunity Grant (FSEOG)
    1. Must have financial need
    2. Must be eligible for the Pell grant
    3. First-come, first served
    4. Annual Amount: Up to $1000
  • Federal Work Study Program (FWSP)
    1. Must have financial need
    2. Requires an interview
    3. Students can review and apply for open positions at http://www.collegecentral.com/umo. If hired, a portion of the students wages may be funded by the Federal Work Study Program
    4. Annual Amount: Up to $1000
  • Federal Direct Student Loan (Subsidized & Unsubsidized)
    1. Cannot be in default
    2. Must have financial need for a subsidized loan
    3. First-time borrowers must complete a Master Promissory Note (MPN) and Entrance Counseling at https://studentloans.gov/myDirectLoan/index.action
    4. Annual Amount: Dependent Students
      Freshmen – up to $5500
      Sophmore – up to $6500
      Junior/Senior – up to $7500
      Independent Students
      (or dependent students with a PLUS loan denial)
      Freshmen – up to $9500
      Sophmore – up to $10500
      Junior/Senior – up to $12500
  • Federal Direct Parent PLUS Loan
    1. Must complete FAFSA
    2. Complete online application at https://studentloans.gov/myDirectLoan/index.action
    3. Applicant must be creditworthy and a dependent student’s biological, adopted, or step-parent
    4. Annual Amount: Varies upon credit approval and student’s financial aid budget

STATE

  • North Carolina Need Based Scholarship

    1. Complete FAFSA
    2. Must be a permanent resident of NC.
    3. FAFSA Expected Family Contribution is $0 to $15000
    4. Must be enrolled full time or ¾ time
    5. Annual Amount: Traditional Students – $1000 to $7350
      Nontraditional Students – $800 to $1600

Academic Scholarships

Leaders Scholarship

  • High School GPA of 2.8 or higher
  • Minimum SAT score of 1000 of ACT 19 OR UMO College GPA of 2.5 or higher and 28 earned credits each academic year
  • Annual Amount: $5000

Merit Scholarship

  • High School/College transfer GPA of 3.2 or  higher
  • Minimum SAT score of 1100 or ACT of 22 OR UMO College GPA of 3.0 or higher and 30 earned credits each academic year
  • Annual Amount $6000

Presidential Scholarship

  • High School/College transfer GPA of 3.7 or higher
  • Minimum SAT score of 1100 or Act of 22
  • Annual Amount $8000
  • *The Presidential scholarship is awarded only upon initial entrance to UMO.

Trojan Scholarship

  • Awarded to students who live on campus and receive an academic scholarship.
  • Annual Amount: $1200 per year

Departmental Scholarships

ART

  • $500-1,500 per scholarship, based on portfolio review
  • Criteria:
    • Art or graphic design major
    • Must maintain full-time status at the University of Mount Olive
    • Must maintain a 2.5 cumulative GPA
    • Must participate in departmental events

MUSIC

  • Charles and Margenette A. Hinnant Music Scholarship
    • Up to $3,000 renewable annually up to four years
    • Criteria:
      1. Demonstrate outstanding talent, academic ability, and good character
      2. Audition
      3. Letter of recommendation
      4. Maintain a 3.0 GPA in music courses overall
  • Ensemble Scholarships
    • Chamber Choir – up to $2,750 renewable annually up to four years
    • Concert Choir – up to $1,000 renewable annually up to four years
    • Chamber Ensemble – up to $1,000 renewable annually up to four years
    • Criteria:
      1. Must be a full-time student
      2. Audition
      3. Register for appropriate ensemble course
      4. Take an applied course each semester
  • Warren Vocal Scholarship
    • $500 per year
    • Criteria:
      • Must be a full-time student
      • Maintain a 2.5 GPA in music courses overall
  • McRae Trumpet Scholarship
    • $500 per year
    • Criteria:
      • Must be a full-time student
      • Maintain a 2.5 GPA in music courses overall
  • Warren Instrumental Scholarship
    • $200 per year
    • Criteria:
      • Must be a full-time student
      • Maintain a 2.5 GPA in music courses overall

 

AGRICULTURE

All University of Mount Olive Agriculture scholarships are available to full-time UMO students studying agriculture.  Each scholarship applicant is evaluated on personal, scholastic, and extra-curricular achievements.  Each scholarship recipient is expected to maintain active UMO Collegiate FFA membership and participate in at least two community service projects and one fundraiser each semester in addition to other scholarship conditions listed in the agreement. Click on the links below to complete the scholarship application.

NEW AND CURRENT STUDENTS

  • AgCarolina Farm Credit Scholarship
    • Reside of one of the following counties: Beaufort, Bertie, Camden, Carteret, Chowan, Craven, Currituck, Dare, Edgecombe, Franklin, Granville, Gates, Greene, Halifax, Hertford, Hyde, Johnston, Jones, Lenoir, Martin, Nash, North Hampton, Onslow, Pamlico, Pasquotank, Perquimans, Pitt, Tyrell, Vance, Wake, Washington, Warren, Wayne, and Wilson
    • Must be a child or grandchild of an AgCarolina Farm Credit Customer
    • Graduating High School Senior who will enroll in a four-year program at the University of Mount Olive Fall 2018 or a current student enrolled in the program
    • Possess a GPA of 3.0 or better
    • Recipients will be selected based on academic achievement,      leadership characteristics and future plans for enhancing the quality of life for Eastern North Carolina rural residents and their communities.
  • Carolina Farm Credit Scholarship
    • Reside in one of the following North Carolina counties: Alamance, Alexander, Alleghany, Anson, Ashe, Avery, Buncombe, Burke, Cabarrus, Caldwell, Caswell, Catawba, Chatham, Cherokee, Clay, Cleveland, Davidson, Davie, Durham, Forsyth, Gaston, Graham, Guilford, Haywood, Henderson, Iredell, Jackson, Lee, Lincoln, Macon, Madison, McDowell, Mecklenburg, Mitchell, Montgomery, Moore, Orange, Person, Polk, Randolph, Richmond, Rockingham, Rowan, Rutherford, Stanly, Stokes, Surry, Swain, Transylvania, Union, Watauga, Wilkes, Yadkin, and Yancey.
    • Be a graduating High School Senior enrolling in a four-year agriculture program at the University of Mount Olive, or a current student enrolled in the program.
    • Possess a GPA of 2.5 or better.
    • Recipients will be selected based on academic achievement, leadership characteristics, and future plans for enhancing the quality of life for North Carolina rural residents and their communities.
    • In order to be considered for this scholarship, three individual letters of recommendation and a high school or college transcript must also be submitted.
  • NC Peanut Growers Scholarship
    • Recipients must demonstrate strong evidence of personal integrity, moral character, good citizenship, academic promise and a sincere commitment to attaining an education.
    • Priority preference for qualification include:
      • Student from a farming background
      • Family engaged in peanut production or processing

INCOMING FRESHMEN

 UMO SOPHOMORES – SENIORS

OTHER SCHOLARSHIP OPPORTUNITIES

  • Golden LEAF Foundation Scholarship 
    • High school seniors are eligible for a 4-year scholarship totaling $12,000 ($3,000 a year over 4 years)
    • Community college transfer students are eligible for $3,000 a year for up to 3 years
    • Scholarships are available to students from qualifying counties who demonstrate financial aid
  • Lois Britt Memorial Pork Industry Scholarship
    • Amount: $2,500
    • Deadline: January 4
    • Eligible students: Agriculture students with an emphasis in swine production
  • North Carolina Cattleman’s Foundation Scholarship
    • Amount: $3,000
    • Deadline: January 15
    • Eligible students: Agriculture students with an emphasis on beef cattle production
  • Dairy Farmers of America (DFA) Cares Foundation Scholarship Program
    • Amount: varies
    • Deadline: January 15
    • Eligible students: Agriculture students with an emphasis on dairy cattle production
  • National FFA Organization
    • Amount: varies
    • Deadline: February 6
    • Eligible student: Must be a member of a high school FFA chapter or collegiate FFA
  • Targeting Excellence
    • Amount: $2,000
    • Deadline: March 1
    • Eligible students: Agriculture students with an emphasis on food animal production
  • AFA Scholarship
    • Amount: varies
    • Deadline: March 13
  • American Dairy Goat Association
    • Amount: $750-1,500
    • Deadline: April 1
    • Eligible students: Must be member of American Dairy Goat Association
  • American Goat Federation
    • Amount: $1,000
    • Deadline: June 1
    • Eligible students: Must be members of American Boer Goat Association or American Dairy Goat Association
  • CME Beef Industry Scholarship
    • Amount: $1,500
    • Opens: October 1
    • Eligible students: Agriculture student with an emphasis on beef cattle production
  • Larry D. Edwards Scholarship – North Carolina Nursery and Landscape Association
    • Amount: $1,000
    • Deadline: June 1
    • Eligible students: Full-time students enrolled in horticulture programs in North Carolina
  • Robert Cagle Scholarship – North Carolina Nursery and Landscape Association
    • Amount: $1000
    • Deadline: June 1
    • Eligible students: Horticulture/Landscape students who have earned their NCNLA Certified Young Plan Professionals Certification
  •  Perennial Plant Association Scholarship
    • Amount:  $1000 + Travel to National Symposium
    • Deadline:  January 31
    • Eligible Students: Students in horticulture field of higher education for pursuit of degrees in horticulture or closely related areas
  • NC Tomato Growers Association Scholarship
    • Amount:  $1000
    • Deadline:  May 30
    • Eligible Students: NC resident who pursues a horticulture or agribusiness undergraduate or graduate degree at at four-year North Carolina college or university
  • Irrigation Foundation Scholarship
    • Amount:  $1000-2500
    • Deadline:  February 15
    • Eligible Students:  Pursuing irrigation-related degrees with graduation date of December 2019 or later
  • National Association of Landscape Professionals Scholarship
    • Amount:  $500-3000
    • Deadline:  November Each Year
    • Eligible Students:  NALP Student Member (You can join for free if you have not attended NALP previously), students who are enrolled in landscape contracting or horticulture programs.
  • American Floral Endownment
    • Amount:  $300-4000
    • Deadline: May 1
    • Eligible Students:  Pursuing degrees in floriculture or horticulture fields only; sophomore through graduate levels

 

 

Athletic Scholarships

Athletic scholarships are granted based on level of talent and fund availability.  The annual amount may vary.  Scholarships are available for the following sports:

  • Baseball
  • Basketball
  • Cheerleading
  • Cross Country
  • Field Hockey (women)
  • Golf
  • Lacrosse
  • Soccer
  • Softball
  • Tennis
  • Track and Field
  • Volleyball
  • Wrestling (men)

Ministerial and Community Grants

Ministerial Benefit Grant

  1. Must be a licensed or ordained minister within the Original Free Will Baptist Convention
  2. HS GPA must be equivalent to a minimum GPA of 2.5 in the US
  3. Annual Amount: Traditional Students – When combined with all other free aid, up to 90% of tuition will be covered
    Nontraditional Students – amount will vary dependent upon need and other grant aid the student is receiving. Eligible students are required to personally pay $200 per class

Mount Olive Rotary Endowed Scholarship Fund

  • $4000 renewable annual up to four years
  • Criteria:
    • Must have demonstrated leadership experiences in high school, community, or church organizations
    • Must have completed high school with a 2.8 GPA or higher
    • Minimum SAT score (Math and Verbal) of 920 or ACT of 19 or higher

Monthly Payment Plan

For many students and their families, a monthly payment plan is the best way to budget for school expenses. The University of Mount Olive payment plan is administered by TMS. This plan enables you to pay all or part of your tuition and fees in monthly installments without interest charges. Please note there is a $25 enrollment fee for a semester plan.

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