Financial Student Aid Summary
Do you need help paying for college or for a career or vocational school? This section is a quick reference to our federal student aid programs and how to apply for this aid. The rest of this publications provides more detail of what you need to know.
| Federal Student Aid Program |
Type of Aid | Program Details | Annual Award Limits |
|---|---|---|---|
| Federal Pell Grant | Grant: money that does not have to be repaid | Available almost exclusively to undergraduates; all eligible students will receive the Federal Pell Grant amount they qualify for. | $700 to $7,000 prorated for Enrollment Intensity (less-than full-time enrollment) |
| Federal Supplemental Educational Opportunity Grant (FSEOG) | Grant: money that does not have to be repaid | For undergraduates with exceptional financial need; priority is given to Federal Pell Grant recipients; funds depend on availability at school. | $100 to $4,000 |
| Federal Work-Study (FWS) | Money is earned while attending school; does not have to be repaid | For undergraduate and graduate students; jobs can be on campus or off campus; students are paid at least federal minimum wage. | No annual minimum or maximum awards amounts |
| William D. Ford Federal Direct Subsidized Loan | Loan: must be repaid | Subsidized: US Department of Education pays interest while borrower is in school and during grace and deferment periods; you must be at least a half-time* student and have financial need. | $3,500 to $5,500 depending on grade level |
| William D. Ford Federal Direct Unsubsidized Loan | Loan: must be repaid | Unsubsidized: Borrower is responsible for interest during life of loan; you must be at least a half-time* student; financial need is not a requirement. | $3,500 to $12,500 (less any subsidized amounts received for the same period), depending on grade level and dependency status |
| William D. Ford Federal Direct PLUS Loan |
Loan: must be repaid | Available to parents of dependent undergraduate students and graduate and professional
students enrolled at least half-time* Financial need is not a requirement.
PLUS Loans are unsubsidized: Borrower is responsible for interest during the life of the loan. |
Maximum amount is cost of attendance* minus any other financial aid the student receives; no minimum award amount. |
For more information about each program, please visit Federal Student Aid.
