Types of Financial Aid

 

Program
Type of Aid
Program Details
AHC Annual Amount
Federal Pell Grant Grant: free money that doesn't need to be repaid Available to undergraduate students $598-$5,815
Federal Supplemental 
Education Opportunity Grant
(FSEOG) 
Grant: free money that doesn't need to be repaid For undergraduate students with exceptional financial need; funds depend on availability of school $150-$750
Federal Work-Study Money earned while in school; doesn't need to be repaid Earn through a job on or off campus Up to $3,000
Cal-Grant Grant: free money that doesn't need to be repaid

Must complete GPA verification form and FAFSA before March 2

Cal-Grant A:  For university; this grant can be put on reserve until student transfers

Cal-Grant B:  For community college students with exceptional financial need

Cal-Grant C:  For occupational or technical program

Cal-Grant B: $1,656

Cal-Grant C:
$547

Federal Student Loans Money that has to be repaid with interest

Subsidized:  US Dept. of Ed pays interest while student is in school, during grace period and deferment periods; must be enrolled at least half-time and have financial need

Unsubsidized:  Student is responsible for the interest; must be at least half-time; financial need is not required
Depends
on grade level and dependency
status 
Scholarships Grant: free money that doesn't need to be repaid Students can apply for various scholarships. Each scholarship may have different requirements and deadlines Varies



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SPOTLIGHT

Mary Jovy Pimental

Mary Jovy Pimental
Fashion Merchandising Student

"The counselors and administrators at Hancock challenged and encouraged me to pursue my dream of designing my own clothing line and opening my own retail store. They helped me map out a path to success that includes transferring to a four-year university. I am on the right track thanks to the knowledgeable staff that gave me the courage to change my major from nursing to fashion management."
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Student Success Scorecard

Last Modified Jun 16, 2016