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Federal Aid

Federal Financial Aid

Federal financial aid includes the Federal Pell Grant, Federal Supplemental Educational Opportunity Grant, Federal Perkins Loan, Federal Stafford Loans, Federal Parent PLUS Loan, and Federal College Work Study Program.

 

Grants (Federal)

Federal Pell Grant is awarded to undergraduate students who are enrolled in an eligible program, have not received a bachelor's degree, and who demonstrate financial need.  The amount of the grant is determined by the Federal Pell Grant Program based on the applicant's family's financial circumstances.

Federal Supplemental Educational Opportunity Grant is awarded by the Director of Student Financial Aid to students demonstrating financial need.  Students showing exceptional need will be given first consideration for these grants as long as funds are available.

 

Federal Work Study

Work-Study allows the students to meet a portion of their financial need by working at assigned tasks supervised by faculty, staff, or administrative personnel. Students will be paid each pay period for hours worked and approved by their supervisor. Time sheets must be turned in on time. Late time sheets will be audited for payment in the next payment period. The work-study Programs are only offered to Traditional Day Students. The Federal College Work-Study Program is for students demonstrating financial need. Students must perform work to earn this aid. Federal Work-Study is need based and awarded on a first-come, first-serve basis.

 

Loans

To receive loans, a student must enroll in and receive a grade for a minimum of six credit hours per semester (typically two courses).

Federal Perkins Loan is awarded to those students demonstrating need. Repayment and interest are deferred until the borrower leaves college (withdraws, graduates, or becomes less than a half-time student). Available funds are very limited in this program.

William D. Ford Federal Direct Loan Program is designed to help students and their families meet college cost. These loans are available to students and their parents.  The following loans are included in this program.

Federal Direct Stafford Loans are student loans with repayment deferred until the student separates college or drops below half time status.

Federal Direct Plus Loans are loans available to parents of dependent students. Applications for all of the above loans are available online at . Repayment and deferment guidelines are included in the Entrance Loan Counseling.