Scholarships & Financial Aid
Federal Aid Programs
Pell Grant: Gift aid that is given based on financial need. How much aid you will be eligible to receive is based on your EFC. (Estimated Family Contribution represents the amount of money the federal government believes your family is able to contribute toward college.) Current maximum per year is $4,050.
Federal Work-Study: Provides part-time employment for students who have financial need. Jobs are usually available both on and off campus.
Perkins Loans: Fixed low interest (5%) loan through your college. You must demonstrate financial need. Current max per year for undergrads is $4,000 (maximum total $20,000).
Stafford Loan: Currently a variable interest rate loan (pending legislation could change this loan to a fixed rate loan). You can receive this loan from a private lender or your college. They can be subsidized (no interest accrues while in school) or unsubsidized (interest accrues while in school).
Pell Grant: Gift aid that is given based on financial need. How much aid you will be eligible to receive is based on your EFC. (Estimated Family Contribution represents the amount of money the federal government believes your family is able to contribute toward college.) Current maximum per year is $4,050.
Federal Work-Study: Provides part-time employment for students who have financial need. Jobs are usually available both on and off campus.
Perkins Loans: Fixed low interest (5%) loan through your college. You must demonstrate financial need. Current max per year for undergrads is $4,000 (maximum total $20,000).
Stafford Loan: Currently a variable interest rate loan (pending legislation could change this loan to a fixed rate loan). You can receive this loan from a private lender or your college. They can be subsidized (no interest accrues while in school) or unsubsidized (interest accrues while in school).
