Financial Options at CU: Alleviating Financial Stress During COVID-19

COVID-19 has been trying for all of us; emotionally, physically, mentally and financially. 

Cumberland is here to help all of our current students, faculty, staff, alumni, friends and future students get through this difficult time. We know the financial worry of the COVID-19 pandemic will impact many of our students and their families, and we’re here to alleviate some of that burden. 

In times of uncertainty, like the one we’re in now, you may be feeling anxious about the future, but the last thing you need is increased pressure. To alleviate some of the stress, Cumberland has made the decision to waive ACT/SAT scores for incoming freshmen for Fall 2020.

In addition, over 95% of CU students receive some sort of financial assistance, from scholarships to federal aid. CU is dedicated to giving all students access to education, and there are many ways you can earn your college degree, without adding unnecessary financial stress to you or your family. 

Tennessee Promise

CU is a proud partner of the Tennessee Promise program, allowing students from across the state to earn a 2-year associate degree, tuition free. This means that students coming to CU on the TN Promise can save up to $45,000 in their first two years. Once a student earns their associate degree, they are automatically admitted into a bachelor degree program, and are eligible for additional scholarships. 

Cumberland Promise

In addition to the TN Promise, CU offers college juniors and seniors the Cumberland Promise scholarship. This is an automatic scholarship awarded based on college GPA during your first two years. Students with a 3.75 GPA and above receive a $16,000 scholarship and no matter your GPA, all upperclassmen receive a $6,000 scholarship. 

Trustee Scholarships

Trustee Scholarships are awarded to incoming freshmen with a GPA of 3.5 or higher and a 30 ACT or 1390 SAT score. These recipients are eligible for a full-tuition scholarship during their four years at CU, as long as they maintain a 3.5 cumulative GPA at the end of each academic year. 

Presidential Award Scholarships

Presidential Award Scholarships are awarded to incoming freshmen with a GPA of 3.0 or higher and a 27-29 ACT score or 1280-1380 SAT score. These students are eligible for a scholarship up to $16,000 during their four years at CU, as long as they maintain a 3.5 cumulative GPA at the end of each academic year. 

Ernest L. Stockton Grants

These grants are awarded to students who hold a university parallel degree from an accredited two year or four year university with a minimum 2.5 GPA. Students are eligible for up to $3,400 off of tuition. Students must be full time and maintain a cumulative 2.75 GPA on courses taken at CU. 

Endowed Scholarships

CU offers over 75 endowed scholarships to various types of students. These scholarships are provided by generous donors and allow a diverse group of students, from various backgrounds, to continue their education and ease some of the financial burden. For all of CU’s endowed scholarships, visit cumberland.edu/scholarships/

These are some of the many ways CU is helping to ease the financial burdens of higher education during this tumultuous time. 

To learn more about scholarship opportunities or admission at CU, visit cumberland.edu/admissions/ or reach out to enrollment@cumberland.edu.

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