Scholarships and Financial Aid
Attending college is an investment in your future, and SBU partners with you to make it as affordable as possible to come to SBU and achieve your goals. More than 99% of SBU students receive financial aid! Your admissions counselor will work with you to maximize your financial aid options at SBU.
NOTE: The financial aid information below is applicable to undergraduate students at the SBU Bolivar campus. If you are interested in attending one of the other SBU campuses in Springfield, Salem, or Mountain View, please contact the Admissions Office for that campus to learn more about financial aid opportunities.
Be sure to check out the SBU Estimator, our cost calculator tool, which will help you get a better idea of which scholarships and financial opportunities may be available to you.
I think the biggest lesson I learned at SBU is how much the Lord provides. I see how He directed my steps to go to SBU and provided financially for me to go there. He revealed His faithfulness again when I had a job offer before my last semester at SBU.
SBU offers a variety of scholarships to reward your achievement and make an SBU education financially possible for you.
Scholarships are available in the following categories:
SBU wants to reward you for your academic achievements! Academic scholarships are available for both freshmen and transfer students.
Once you have been admitted to SBU, your admissions counselor will let you know of your academic scholarship eligibility. You will receive one academic scholarship that can be renewed annually while you are a full-time undergraduate student on the SBU-Bolivar campus.
Reminder: You can use the SBU Estimator tool to see which scholarships you may receive!
Every freshman student admitted to SBU will receive a merit-based academic scholarship based on ACT/SAT/CLT score and GPA. Select top-performing students also will be selected for academic-competitive scholarships.
If you qualify to receive a Presidential Distinguished Scholar Award or a Provost's Scholar Award (see below), you will be invited to participate in Scholars Day to earn one of the academic-competitive scholarships.
Scholars Day participants may choose to come compete on either Saturday, December 4 or Saturday, February 5. If you have questions about Scholars Day or want to know if you qualify, please contact your admissions counselor at (417) 328-1810.
Unlimited amounts of each of these scholarships are given annually and are awarded based on the combination of your GPA and ACT/SAT scores.
As a transfer student, you will receive an annual academic scholarship based off of your transferring college GPA.
As a high school student, you may be eligible for additional scholarship money if you complete six or more hours of college dual credit through Southwest Baptist University. Learn more about dual credit at SBU and the scholarship eligibility requirements.
SBU offers a number of scholarships designed to both reward and develop your unique talents.
Interested in one of the fine arts areas? Performance-based scholarships are available in amounts beginning at $500/year and are given on a competitive basis. Contact your admissions counselor for details regarding application and audition processes.
SBU is a proud participant in 18 NCAA Division II sports. Teams are able to award athletic performance scholarships in amounts beginning at $500/year and are given by coach discretion based on your performance.
Men's Sports: Baseball, Basketball, Cross Country, Football, Golf, Soccer, Tennis and Track (Indoor and Outdoor)
Women's Sports: Basketball, Cross Country, Golf, Soccer, Softball, Tennis, Track (Indoor and Outdoor) and Volleyball
Co-Ed: Esports (member of National Association of Collegiate Esports)
Women's Sports: Cheer & STUNT
As a Christian university, it is SBU's privilege to award scholarships to students entering the ministry and to partner with churches who want to assist their students in pursuing Christian higher education.
With the exception of the Church Matching Scholarship, application deadline is March 1. If you apply to SBU after March 1, your scholarship application is due within 30 days.
Receive $2,000 per year if you are pursuing an academic degree in Biblical Studies, Christian Ministry, Church Music, or Intercultural Studies.
SBU will match dollar-for-dollar up to $500 annually whatever amount your church contributes toward your education. Let your admissions counselor know if your church wishes to participate in this scholarship opportunity.
Receive $1,000 per year if you are a dependent of a full-time church-related vocational professional.
Receive $1,000 per year if you are a dependent of someone currently serving full-time on the mission field for the International Mission Board (IMB), North American Mission Board (NAMB) or another approved missions organization.
SBU is blessed by many private donors who fund private scholarships for full-time undergraduate students on the Bolivar campus who demonstrate financial need. These scholarships require you to maintain a minimum 2.0 cumulative GPA and be enrolled as a full-time undergraduate student. Application deadline is December 15 for the following academic year.
If you have a brother or sister attending SBU at the same time as you, you will both be eligible for a sibling scholarship of $500/year each. Ask your admissions counselor for details.
Submit the FAFSA (Free Application for Federal Student Aid) to determine your eligibility for state and federal grants, which are financial awards that do not have to be paid back.
The Federal Pell Grant is a free federal grant for eligible undergraduate students with financial need. Grants are awarded in various amounts up to $6,495 per year.
The Federal Supplemental Educational Opportunity Grant (SEOG) is a free federal grant for undergraduate students with exceptional financial need. SBU award amounts range from $200-$1,000 per year.
State program grants are administered by the state of Missouri for eligible undergraduate students from Missouri with financial need. The Access Missouri Financial Assistance Program award amounts range from $1,500-$2,540 per year based upon available state funding.
The Federal College Work Study Program is for part-time, on-campus job positions for students with financial needs. You can potentially earn up to a maximum of $1,950 for the school year through your work study job. You will receive a paycheck every other week. Work study eligibility is based on your FAFSA results.
Loan eligibility is determined based on your submitted FAFSA. After SBU receives your FAFSA, you will receive a personalized financial aid award letter which will include loan documents for any loans for which you qualify.
You can find detailed information about repayment of federal loans, including borrower's rights and responsibilities, by visiting StudentAid.ed.gov.
You may seek out supplemental loan(s) from alternative sources up to the cost of attendance minus financial aid.
Important information about private loans:
Considerations when choosing a lender:
List of alternative loan lenders
You are free to choose any lender and loan product you feel best suits your needs. You are not required to select a lender from our list; however, we have provided a list of lenders for comparison.
At SBU, you can receive one-on-one personal guidance throughout the financial aid process.
If you are a new, incoming student please contact your admissions counselor with questions or concerns regarding financial aid. Current SBU students may call the Office of Financial Aid at (417) 328-1822.