Financial Services

We recognize that preparing to serve our Lord in full time ministry is a major investment for parents and students. The purpose for Piedmont's financial aid is to make a quality education accessible to qualified students. A variety of grants, scholarships, awards, and loans are available to those who meet the requirements. Piedmont contributes approximately $1 million annually and over 90% of our students receive some form of financial aid. We encourage all future and current students to apply.   

You may follow these steps to apply for aid... 

  • STEP 1 = Piedmont Scholarships and Awards

    • We encourage you to review all scholarships funded by PBC that you may be eligible for upon enrolling at Piedmont. Please complete our Scholarship and Award Application here.  

  • STEP 2 = Apply for a PIN number for your FAFSA (Free Application For Student Aid)

    • In the process of completing the FAFSA they will ask for a PIN  number so we encourage future students to set-up your PIN number in advance of filling out the FAFSA.

  • STEP 3 = Complete a FAFSA

    • After completing your taxes, file a FAFSA. You will need your and/or your parents tax information for the previous year, as well as your driver's license number. When completing be sure to include our school code 002956. The FAFSA usually takes approximately 30 minutes to complete. If you have to stop before it is completed, your information will be saved for 30 days. The FAFSA must be completed annually.  

    • Note: "Verification" - You may be informed by FAFSA that you have been 'chosen for verification.' This is a common process and students are chosen randomly. If selected, items listed below must be submitted to Piedmont's Financial Aid Office before any of your financial aid can be processed. You may access the forms here.

      • Asset Value Worksheet

      • Verification Worksheet

      • A SIGNED copy of your taxes

      • A SIGNED copy of your student's taxes

      • Your W2's

  • STEP 4 = Virtual Financial Aid Student Interview

    • Complete a Financial Aid interview at our Virtual Financial Aid Office. You will need to create a username and password before you can begin the interview. *Be sure to have your EFC (Estimated Family Contribution) that is provided to you after completing the FAFSA.* Please note we can begin processing your financial aid after Step 4 is complete.

  • STEP 5 = Direct Student Loans (available if needed)

    • If you have determined that you will need to use student loans you will need to complete the steps below.

      • Complete Loan Entrance Counseling online at StudentLoans.gov

      • Complete a Master Promissory Note (MPN) at StudentLoans.gov. This is e-signing the loan. This will require two references, your driver's license number and other general information. You will use your PIN from Step 2 to sign this electronically.

      • Your lender will be the US Department of Education and your funds will automatically come to the college to be certified upon approval. Stafford student loan amounts are guaranteed by the federal government. You are not required to begin repayment of these loans until 6 months after graduation or if you drop below half time as a student. There are subsidized as well as unsubsidized loans available. A subsidized loan, at 5.6% APR, is the loan for which the government pays the interest while you are in school. Unsubsidized loans have an interest rate of 6.8% APR, and the interest is accruing while the student is in school. Both types of loans have a six month grace period following graduation before repayment begins.

  • STEP 6 = Payment Plan (available if needed)

    • Once your financial aid eligibility is determined, students are responsible to either pay the Estimated Balance Due (determined by Steps 1, 3, and course load) in full or enroll in our Playment Plan through College Foundation, Inc. (CFNC). CFNC allows you to make up to five monthly payments over the course of a semester or nine monthly payments for two semesters. It also offers flexible payment options: check, credit card or autmatic withdrawal from your savings or checking account for a one-time enrollment fee