Finlandia has three main types of scholarships; need- based,annual and endowed. Needs-based scholarships and annual scholarships are paid out using the Finlandia Fund. Endowed scholarships are created for a specific designation or type of student and paid out over a lifetime.
New to Fall 2021, the Lake Effect Scholarship is a needs-based scholarship that allows eligible commuting and on-campus living students to enjoy the benefits of cost-sharing education. Commuting students will have tuition reduced to $2,500 per year, earning their full Bachelor’s degree for $10,000.
On-campus housing students are also eligible to receive the benefits of cost-sharing education. With tuition reduced to $2,500 per year, they will have additional housing costs, which can also be covered by federal loans. The Lake Effect Scholarship aligns with Finlandia’s mission of providing affordable higher education to all.
Available to degree-seeking first-year students who reside in Michigan, Wisconsin, Illinois or Minnesota. Students must have a minimum of a 2.25 GPA to be eligible for this needs-based scholarship. The amount awarded will be individual to the recipient and their family need. This scholarship can be retained for four-years by maintaining a 2.25 GPA.
A need-based scholarship that, when combined with federal and state scholarships and grants covers a student’s entire tuition cost. The Rise Together Scholarship can be applied to the first two years at Finlandia. Eligibility Requirements include; being a Mighigan resident, must file FAFSA by March 1, First year, full-time enrollment in an associates degree program, Tuition Incentive Program (TIP) eligible, Pell eligible, Michigan Tuition Grant eligible, 2.25 cumulative high school GPA and must maintain a 2.25 GPA at FinnU. For more information click here.
U.P. COMMITMENT SCHOLARSHIP
We’re proud to call the Upper Peninsula of Michigan home, and have a passion for welcoming our fellow Yoopers to campus, which is why we have established the $4,000 U.P. Commitment Grant.
SERVICE SCHOLARSHIP
Finlandia is a learning community dedicated to academic excellence, spiritual growth and service. To showcase this, Finlandia offers incoming students the opportunity to earn a $2,000 scholarship for performing community service
BOARD OF TRUSTEES SCHOLARSHIP
$7,500 given to incoming students with a high school cumulative GPA of 3.5. Renewable by maintaining a GPA of 3.25 at Finlandia University.
PRESIDENT’S SCHOLARSHIP
$5,500 given to incoming students with a high school cumulative GPA of 3.25. Renewable by maintaining a GPA of 3.00 at Finlandia University.
DEANS SCHOLARSHIP
$3,500 given to incoming students with a high school cumulative GPA of 3.0. Renewable by maintaining a GPA of 2.75 at Finlandia.
FINNISH STRONG TRANSFER SCHOLARSHIP
New incoming transfer students with at least a 2.0 grade point average are eligible for this $10,000 scholarship.
AMBASSADOR SCHOLARSHIP
$1,500 based on academic record and on-campus housing this scholarship is awarded to the first student from each state to enroll at Finlandia.
FAMILY SCHOLARSHIP
$1,000 per student for families who have two two family members enrolled full-time.
CHURCH MATCHING SCHOLARSHIP
Matches up to $1,000 pledged by a church.
LEGACY SCHOLARSHIP
$500 Available to students whose parent, grandparent or sibling graduated from Finlandia University.
In contrast to the total payout policy used for annual funds, endowed funds limit spending to a portion of the investment return. Therefore, the principal (your gift) can be invested in longer-term, higher-yielding assets with the objective of providing growth and a hedge against inflation.
If you’re interested in setting up an endowed scholarship, please contact Kailee Laplander.
Executive Assistant to the President & Advancement Office
kailee.laplander@finlandia.edu