Federal Student Aid Programs
For the 2020-2021 award year, the Federal Pell Grant Program provides awards of up to $6,345.00 per academic year for financially eligible undergraduate students who previously have not earned a Bachelor's degree.
- Recipients must be U.S. citizens or eligible non-citizens.
- Lifetime eligibility is limited to 12 semesters or the equivalent.
The U.S. Department of Education offers low interest loans to eligible students to help cover the cost of your education.
- Direct Subsidized Loans are available to undergraduate students with financial need.
- The U.S. Department of Education pays the interest while you're in school at least half-time and for the first six months after you leave school (grace period).
Direct Unsubsidized Loans are available to undergraduate students; there is no requirement to demonstrate financial need.
- You are responsible for paying the interest on a Direct Unsubsidized Loan during all periods.
- If you choose not to pay the interest while you are in school and during your grace period, your interest will accrue (accumulate) and be added to the principal amount of your loan.
Parent PLUS Loans are federal loans that parents of a dependent undergraduate student can apply for to help pay for educational expenses.
- The U.S. Department of Education is your lender.
- The applicant must not have an adverse credit history.
- The maximum loan amount is the cost of attendance (determined by the school) minus any other financial aid received.