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Grants and Scholarships

The School of Business and Nonprofit Management (SBNM) offers one of the most comprehensive tuition grant and scholarship programs for part-time graduate management students in the nation. Students will receive the best scholarship for which they qualify, as determined during the admissions process. With the exception of the Jimmie Alford Scholarship and Paul Peterson Scholarship, scholarships/awards cannot be combined. International students are eligible for all scholarships.

Academic Merit Awards

Award Name Amount Criteria Details
Presidential Scholarship 30% tuition reduction
A cumulative undergraduate or graduate degree GPA of 3.65 or above (on a 4.0 scale), or a GMAT score of 660 or above, or a GRE score of 316 or above. No scholarship application is required. The scholarship is automatically awarded upon admission to any SBNM graduate program and renews annually with the maintenance of a 3.0 grade point average.
Provost's Scholarship 20% tuition reduction A cumulative undergraduate or graduate degree GPA of 3.35–3.64 (on a 4.0 scale), or a GMAT score of 620–650, or a GRE score of 310–315.
No scholarship application is required. The scholarship is automatically awarded upon admission to any SBNM graduate program and renews annually with the maintenance of a 3.0 grade point average.
Dean’s Scholarship 10% tuition reduction
A cumulative undergraduate or graduate degree GPA 3.00–3.34 (on a 4.0 scale), or a GMAT score of 590–610, or a GRE score of 305–309.
No scholarship application is required. The scholarship is automatically awarded upon admission to any SBNM graduate program and renews annually with the maintenance of a 3.0 grade point average.

Students may also qualify for the Presidential, Provost’s, and Dean’s scholarships based on GMAT or GRE scores. For more information please contact the SBNM Admissions Office.

Affiliation Awards

Award Name Amount Criteria Details
Swedish Covenant Hospital Employee Tuition Discount 50% tuition reduction Full-time employees of SCH who enroll in a SBNM degree program. This employee discount is the only financial aid available from North Park for eligible students. It cannot be combined with any other North Park grants or scholarships for which the student may be eligible. Students must complete an employee verification form available in the Human Resources Department at SCH, and North Park will verify continued employment annually.
Axelson Scholarship 35% tuition reduction
Students must be a full-time employee of a 501(c) organization or a local, state, or federal government agency, or have completed a successful tour of service with the Peace Corps, AmeriCorps, or Teach for America.
No scholarship application is required, but eligibility must be verified in writing on the organization's letterhead. The scholarship is awarded upon admission and written confirmation of eligibility.

Armed Forces Scholarship

 

Learn more about using military benefits at North Park University

20% tuition reduction Active duty military personnel or full-time National Guard and Reserve personnel (including spouses) from all branches of the armed forces and Coast Guard. No scholarship application is required. The scholarship is automatically awarded upon admission to any SBNM graduate program and receipt of paperwork confirming military status. This scholarship renews annually with the maintenance of a 3.0 grade point average.
Association of Fundraising Professionals (AFP) Scholarship 40% tuition reduction Professional members of AFP See www.northpark.edu/afp for details.

SBNM Scholarships

Award Name Amount Criteria Details
Jimmie Alford Scholarship

Varies

One or more awards are given each year

Students pursuing a degree or certificate in nonprofit management who have demonstrated academic excellence. Awarded annually in September. No scholarship application is required; SBNM faculty and staff select the recipient(s).
The above scholarship is named in honor of Jimmie Alford, in recognition of his lifelong interest in young people, his dedication to education and strengthening the nonprofit sector, his loyalty, and his devotion to the cause of Christ.
Paul V. Peterson Scholarship

Varies

Two or three awards are typically given each year

Students pursuing a degree or certificate in nonprofit management who are currently working with the elderly and/or in a faith-based organization. Students must demonstrate evidence of a strong personal sense of faith, ethical orientation, and the potential to make a significant difference in the nonprofit sector. A separate application is required for this award, and is posted online each February. Award decisions are made annually in April for the following academic year.
Mark Farano Memorial Scholarship Varies Given to an MBA student who demonstrates strong academic performance and leadership capability. Awarded annually in June for the following academic year. No scholarship application is required; SBNM faculty and staff select the recipient.
Married Couples Scholarship Tuition reduction of $100 per course Applicable where each spouse is taking at least one graduate course in SBNM in the same term. Automatically awarded with enrollment; no additional application is required.

Continuing Education Awards

Award Name Amount Criteria Details
Alumni Grant 20% tuition reduction Undergraduate degree-holders from North Park University who are enrolling as new graduate students at the University. This grant may be used toward one course or a full program, for in-person or online courses. It cannot be combined with any other scholarship or discounts that may be offered to you.
Lifetime Learning Scholarship 50% tuition reduction Graduates from any SBNM graduate degree program are eligible to use this scholarship to take additional SBNM graduate courses for the rest of their life. They may even complete a second SBNM degree at a 50% tuition reduction.
No scholarship application is required. This scholarship is automatically awarded upon registration for courses. This award may be applied to individual courses, a certificate program, or a second graduate degree from SBNM.

Students in the School of Business and Nonprofit Management may also be eligible for other outside scholarships.