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 $575-$5,730
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 2nd

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: $1,473

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 dependancy
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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Last Modified Apr 17, 2014