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Financial Aid

Federal Student Aid Program

Federal Programs

All students are encouraged to complete the Free Application for Federal Student Aid (FAFSA).

Students who submit a FAFSA expand their financial aid opportunities, regardless of their demonstrated financial need.

Eligibility for grants, loans and student employment further reduce your costs.

Types of Federal Aid

Click the name of any program for more information.

Program

Amount

Eligibility

Federal Pell Grant

Up to $5,550; no repayment required

Students with financial need

Federal Supplemental Educational
Opportunity Grant

Up to $4,000; no repayment required

Students with financial need

Federal Work-Study

Varies; no repayment required

Students with financial need

Federal Perkins Loan Program

Up to $5,500 per year (availability of funds at school)

Students with financial need

Federal Stafford Subsidized Loan Programs

Up to $3,500 for first year, $4,500 for second, and $5,500 for each year thereafter.

Students with financial need

 

Federal Stafford Unsubsidized Loan Program

Maximum award is $5,500 per year for first year. (If the student receives a Subsidized Stafford Loan, that amount is deducted from the $5,500.) Interest accrues on the loan at a fixed rate of 6.8%. Second-year students can receive a total of $6,500, and a maximum of $7,500 for each year after.

 

Additional unsubsidized loan money is also available for a student if a parent does not meet the requirements of the Federal PLUS Loan program.

 

 

Students do not have to demonstrate financial need.

Federal PLUS Loans

Up to total cost of education less other financial aid

Parents of dependent students

Federal TEACH Grant Program

Up to $16,000 for Juniors/
Seniors admitted in the Teacher Education Program or up to $8,000 for MAT or MAEd students.

Complete the Free Application for Federal Student Aid (FAFSA), be a US citizen or eligible non-citizen, enrolled in coursework that is necessary to begin a career in teaching or plan to complete such course work, meet certain academic achievement requirements, and sign a TEACH Grant agreement to serve.


 

 

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