Federal Aid

Federal Pell Grant: 
Assists low-income undergraduates without a baccalaureate degree with cost of tuition

Amount:
Ranges from $400 to $5,350
To Apply: Submit a Free Application for Federal Student Aid (FAFSA)
This is a need-based grant and does not need to be repaid


Federal Supplemental Education Opportunity Grant:
Assists low-income students without baccalaureate degrees enrolled in at least three units

Amount:
 up to $200
To Apply: Submit a Free Application for Federal Student Aid (FAFSA)
This is a need-based grant and does not need to be repaid


Federal Stafford Loans:
There are two types of Federal Stafford Loans - subsidized and unsubsidized.

Subsidized

- Need-based
- Interest deferred until 6 months after graduation or 1 month after withdrawing from school
- Must be enrolled at least half-time
- Loan rate fixed at 6.8%
- Loan fee: 1.5%

Unsubsidized

- Non-need based
- Interest begins upon disbursement
- Must be enrolled at least half-time
- Interest rate fixed at 6.8%
- Loan fee: 1.5%


Amount:
The amount you can borrow is dependent on your class level.

Type of Loan Sophomore Junior/Senior Credential
Subsidized Up to $4,500 Up to $5,500 Up to $5,500
Unsubsidized Up to $6,000 Up to $7,000 Up to $7,000

To Apply: Complete the Free Application for Federal Student Aid (FAFSA)

Stafford loans are borrowed through the bank of your choice or from our preferred lender list and must be repaid.

Students receiving a Stafford Loan will be required to complete Loan Entrance Counseling and sign a Master Promissory Note before loans are disbursed.



Federal Parent PLUS:
Available for dependent students. Parents with good credit ratings may borrow a loan for their dependent child's educational costs. The amount typically offered is the same as the unsubsidized loan limit, but parents may borrow up to the cost of attendance minus financial aid. The interest rate is 8.5%. The loan fee is 4%.
 
To Apply: Complete the Free Application for Federal Student Aid (FAFSA)

Parent PLUS loans are borrowed through the bank of your choice or from our preferred lender list.

Students receiving a Parent PLUS Loan will be required to have their parent sign a Master Promissory Note before loans are disbursed.