Crowell School of Business: Scholarships & Aid
See the information below to learn more about scholarships and loans available for incoming graduate students in the Crowell School of Business. For current Biola students, explore Scholarships for Current Students.
Scholarships
AICPA Legacy Scholarships
Biola students enrolled in the Master of Professional Accountancy (MPAcc) program may apply for legacy scholarships from the Association of International Certified Professional Accountants (AICPA).
| Amount | Multiple scholarships are available ranging from $3,000 to $10,000. |
|---|
| Application | Review the different scholarships available and apply on the AICPA site. |
|---|---|
| Deadline | Varies. |
| Eligibility | Eligibility requirements vary. Please see scholarship-specific information on the AICPA site. |
CalCPA State Accounting Education Masters Scholarship
CalCPA (California's state accounting society) offers this scholarship to those who have been admitted to a master's program in tax or accounting.
| Amount | Varies |
|---|
| Application | Students must submit a scholarship application through the CalCPA website. |
|---|---|
| Deadline | Varies |
| Eligibility | Students must have been admitted to a master’s program in tax or accounting to be eligible for this scholarship. |
| Renewable Status | Students will need to reapply each year through the CalCPA website. |
Harold Taber MBA Scholarship
This scholarship was developed by an MBA mentor who was inspired by the Biblical passages referencing Jethro, Moses’ father-in-law. A mentor to Moses, Jethro provided instruction on managing people, which remains applicable today, and like Jethro, Harold Taber saw an opportunity for mentoring and created Crowell's MBA Mentor Program. This scholarship is named for Harold and is intended to support students in the program as they extend their education and stand in the gap for Christ.
| Amount | The scholarship award amount is $500–$5,000 per year (divided between fall and spring semesters), based on the applicant’s qualifications. |
|---|
| Application | Students need to submit the Harold Taber MBA Scholarship Application. |
|---|---|
| Deadline | July 1 |
| Renewable Status | No, this scholarship is not renewable. Students must reapply each academic year. |
The Wendell Alton Moats and Virginia Evelyn Moats Scholarship for Business
This scholarship is provided by Wendell and Virgina "Ginny" Moats. Longtime supporters and friends of Biola. Ginny was a wise and prudent investor who, decades ago, took a small risk and got in on the initial public offering of a little-known company that made WD-40, a brand that is now known globally. After her late husband, Wendell Moats, passed away in 2001, she contributed the stock that had grown over their 30 years of marriage to the business school’s fundraising campaign in Wendell’s name, resulting in the creation of Moats Lecture Hall. They had started supporting Biola students as a couple, and today the hall remains an ongoing testament to their love for Biola students.
| Amount | The scholarship award amount is up to $3,000 per year (divided between fall and spring semesters), based on the applicant’s qualifications. |
|---|
| Application | Students need to submit the application. |
|---|---|
| Deadline |
|
| Eligibility | Students must be accepted to the MM, MALI, or MPAcc program. Some MBA students may be eligible. |
| Renewable Status | No, this scholarship is not renewable. Students must reapply each academic year. |
MPAcc Scholarship Fund
The MPAcc Scholarship Fund is provided by donors to the program and is for graduate students looking to obtain their Master of Professional Accountancy only. All applicants interested in the MPAcc Scholarship Fund should submit an application and complete their FAFSA.
| Amount | Varies year to year, student to student. |
|---|
| Application | Students must review the following application guidelines:
|
|---|---|
| Deadline | Students must be aware of the following deadlines:
|
| Renewable Status | No, this scholarship is not renewable and is distributed based on availability of funds. Students are able to apply more than once if funds are available. |
Ahmanson Veterans Scholarship
The Ahmanson Veterans Scholarship was generously donated by The Ahmanson Foundation in an effort to support veterans who are eligible for the Post-9/11 GI Bill®. Funds are applicable to tuition, Collegium membership, and the Biola Counseling Center.
| Amount | Up to $1,500 per year (for graduate students) |
|---|
| Application | Students must review the following application guidelines:
|
|---|---|
| Deadline | Funds will be awarded first-come, first-serve throughout summer. |
| Eligibility | Students must review the following eligibility requirements:
|
| Renewable Status | No, this scholarship is not renewable. Students must reapply annually based on financial need and availability of funds. |
Loans
Direct Unsubsidized Loan
The Direct Loan is a loan funded by the U.S. Department of Education that must be repaid with interest. Amount is determined by the Free Application for Federal Student Aid (FAFSA).
| Amount and Interest | Up to $20,500 annually. For current Direct Loan interest rates and origination fee amounts, please visit the Federal Student Aid website. |
|---|
| Application | Students must complete the following applications:
|
|---|---|
| Deadline | April 15 — This is the recommended deadline for files to be processed in time for the beginning of the school year. All loan requests must be received no later than the last day of the semester in which the funds are being requested, in order to be processed. |
| Eligibility | Student must be enrolled at least half-time. |
| Repayment | Loan repayment is deferred while a student is enrolled at least half-time in a degree program. Repayment typically begins six months after a student drops below half-time enrollment. |
| Renewable Status | Yes, this loan is renewable yearly (with the completion of a FAFSA). MPN is generally valid for up to 10 years. |
| Graduating/Departing Information | Students must complete exit counseling online in preparation for graduating/completing their program. |
Direct Grad Plus Loan
The Direct Grad Plus Loan is a loan funded by the U.S. Department of Education that must be repaid with interest.
| Amount and Interest | Up to cost of attendance minus financial aid. For current Direct Loan interest rates and origination fee amounts, please visit the Federal Student Aid website. |
|---|
| Application | Students must complete the following applications:
|
|---|---|
| Deadline | April 15 — This is the recommended deadline for files to be processed in time for the beginning of the school year. All loan requests must be received no later than the last day of the semester in which the funds are being requested, in order to be processed. |
| Eligibility | Student must be enrolled at least half-time, and must meet federal credit check standards. |
| Repayment | Loan repayment is deferred while a student is enrolled at least half-time in a degree program. Repayment typically begins six months after a student drops below half-time enrollment. |
| Renewable Status | No, this loan is not renewable. Students must apply yearly using the applications linked above |
| Graduating/Departing Information | Students must complete exit counseling online in preparation for graduating/completing their program. |
Private Student Loan
You may choose to borrow Private Student Loan funds from a private financial institution to help fund your education after all other resources have been exhausted:
- Whereas federal direct loans are required by law to provide a range of flexible repayment options, including, but not limited to, income-based or income-contingent repayment plans and loan forgiveness benefits, other student loans, such as private loans, are not.
- Federal direct loans are available to students regardless of income, whereas private student loans are dependent on student (and cosigner) credit. Private loans are not federally funded and tend to have higher interest rates than federal direct loans, and in most cases, federal PLUS loans.
| Amount and Interest | Minimum loan amounts begin at $1,000 and may also be large enough to cover the remaining cost of attendance (varies by lender). Maximum loan amounts are determined by subtracting all of a student's financial aid from their cost of attendance for the school year. Interest rates vary by lender. |
|---|
| Application | Students can complete a loan application with their chosen lender, or may look for a lender on our Preferred Lender List. Please note the following additional details:
|
|---|---|
| Deadline | June 1 — This is the recommended deadline for files to be processed in time for the beginning of the school year. All loan requests must be received no later than the last day of the semester in which the funds are being requested, in order to be processed. Please allow 4–6 weeks for processing. |
| Eligibility | Generally, the borrower must be a U.S. citizen, eligible non-citizen with a U.S. address, or an international student with a U.S. citizen cosigner (varies per lender). |
| Cosigner Requirements | Criteria varies per lender. Unless you are steadily employed, earn at least $12,000 a year, and have a stable credit history with a good FICO score (over 700), you will more than likely need a cosigner in order to be approved for a private student loan. |
| Renewable Status | No, these loans are not renewable. Students must apply yearly using the application resources linked above. |
Additional Resources
Know Your Options
The Office of Financial Aid provides different resources that can help you plan out your finances as you pursue your Biola education.
Financial Aid Counseling
Have questions about the process? Call us or come by our office for a drop-in appointment with a knowledgeable financial aid counselor — they can help.
Contact Us
The Office of Financial Aid is here to answer questions you have about the financial aid process. Contact us in person, by phone or email.