Valpo offers students demonstrating exceptional high school achievement a variety of academic scholarships and merit awards. Students may also qualify for additional aid from federal and State of Indiana grant programs. To maintain any merit or academic-based award from Valpo, a student must maintain full-time enrolment and Satisfactory Academic Progress. 98% of undergraduate students receive some gift aid (free money) from Valpo to help reduce the cost of attendance.
Valparaiso University offers the Allen Scholarship to students who are thinking about or planning to serve in a church vocation in one of the following areas: Theological studies, pre-seminary preparation for pastors; church musicians, youth, family and educational ministries, missions, Director of Christian Education, deaconess or deacon, elementary or secondary education at a Lutheran or parochial school. This is renewable upon a 3.0 GPA.