Financial Aid

Scholarships for Academic Excellence:

The School of Business and Nonprofit Management makes a variety of scholarships available to students who have demonstrated academic excellence. Students may only be awarded one North Park scholarship. For example, a student qualifying for an Axelson Scholarship may not receive a Presidential scholarship in addition. Following are the scholarships that are available:

Presidential Scholarships

Presidential Scholarships will be awarded to all entering students with an overall undergraduate GPA of 3.65 or above, or a GMAT score of 660 or above or a GRE score of 316 or above. Each Presidential Scholarship pays 30 percent of all course tuition and is renewable annually with maintenance of a 3.0 GPA.

Provost's Scholarships

Provost’s Scholarships will be awarded to all entering students with an overall GPA of 3.35 - 3.64 or GMAT score of 620-650, or a GRE score of 310-315. Each scholarship pays 20% of all course tuition and is renewable annually with maintenance of a 3.0 GPA.

Dean's Scholarship

Dean’s Scholarships will be awarded to all entering students with an overall undergraduate GPA of 3.00 -3.34, or a GMAT score of 590-610, or a GRE score of 305-309. Each Dean’s Scholarship pays 10 percent of all tuition costs and is renewable annually with maintenance of a 3.0 GPA.

Non-merit Based Scholarships:

Alumni Scholarship

Alumni Scholarships will be awarded to all SBNM undergraduate alumni. Each scholarship pays 20% of all course tuition.

Armed Forces Scholarship

Armed Forces Scholarship will be awarded to all active-duty military members, full-time National Guard, and Reserve personnel (including spouses) from all branches of the armed forces and Coast Guard. Each Armed Forces Scholarship pays 20 percent of all course tuition and is renewable annually with maintenance of a 3.0 GPA.

The Axelson Scholarship

In the spirit of its founder, Nils Axelson, the Axelson Center endeavors to facilitate values-centered education for members of the nonprofit sector who, because of financial constraints, may be unable to pursue further graduate education. The Axelson Scholarship will be granted to full-time employees of 501(c) or governmental organization or individuals who have completed a successful tour of service with the Peace Corps, AmeriCorps, or Teach for America. Employment status must be verified in writing on the organization’s letterhead. The Axelson Scholarship covers 35 percent of a student’s tuition costs for all courses taken in the SBNM.

Requirements: Admitted applicant to a graduate certificate program or degree program who is a full-time employee of a 501(c) or government organization.

Application: No scholarship application is required, but applicant must submit proof of organization’s nonprofit status (copy of tax return, official letter from the Executive Director, etc.).

Lifetime Learning Scholarship

Graduates from any SBNM graduate degree program are eligible to use this scholarship to take additional SBNM graduate courses for the rest of their lives. They may even complete a second SBNM degree at a 50% tuition reduction.