TYPES OF FINANCIAL AID
A federal ACG grant does not have to be repaid. This grant is generally awarded to first and second year undergraduate students who have not earned a Bachelor's degree. The amount of the award ranges from $400-$1600 per academic year. ASG grant funds will be credited directly to your student account.
A Federal Pell Grant does not have to be repaid. This grant is
generally awarded to undergraduate students who have not earned
a bachelor's degree. The amount of the award is based on your
FAFSA results and enrollment status. Pell Grant funds will be
credited directly to your student account.
The SEOG does not have to be paid back. This grant is awarded
to Pell-eligible students who demonstrate the greatest financial
need. Valid FAFSA results must be received in the Financial Aid
Office by May 1, 2004 to receive consideration. The SEOG funds
will be credited directly to your student account.
The Federal Work-Study program makes it possible for students with financial need
to earn money while attending college. You earn wages based on
the number of hours you work, and any wages earned are paid directly
to you. Students who are eligible for Federal Work-Study are not
guaranteed jobs.
The Ohio Instructional Grant is awarded to undergraduate Ohio
residents who are enrolled part time or full time. The award amount is based
on need as determined by the results of the FAFSA. The funds may be applied to tuition and fees only and will be credited directly to your student account. This money does not have to be repaid.
The Ohio Instructional Grant is awarded to undergraduate Ohio
residents who are enrolled full time. The award amount is based
on need as determined by the results of the FAFSA.
The funds may be applied to tuition and fees only and will be
credited directly to your student account. This money does not
have to be repaid.
The Ohio Student Choice Grant is non-need based and does not have
to be repaid. The grant is awarded to undergraduate Ohio residents
who are enrolled full time in a bachelor's degree program. You
must complete the Ohio Student Choice
Grant Application each school year. The funds will be credited
directly to your student account.
Stafford Loans are low-interest federal loans available to students
who are attending college at least half time. The funds are borrowed
from a bank, but the majority of the loan application process
is handled through the Financial Aid Office. The amount a student
may borrow is based on year in school, dependency status, and
enrollment status.
A parent may borrow a PLUS Loan to help pay the expenses of a
child who is a dependent undergraduate student enrolled at least
half time. The parent must pass a credit check to be eligible
to receive a PLUS Loan. In the event the parent is denied the
PLUS Loan due to adverse credit, the student generally becomes
eligible to borrow an additional amount in an Unsubsidized Federal
Stafford Loan. (PLUS
Loan Pre-Approval)
