Financial Aid is Based on Need Determination of a student's financial need requires a review of the family's income and assets to produce an estimate of the family's ability to contribute toward the cost of education. The U.S. Department of Education has developed an objective, systematic method for determining a family's ability to meet educational expenses. Financial aid from the College includes Perkins Loans, Supplemental Educational Opportunity Grants, College Work-Study and the Educational Opportunity Program. Late applicants and students who are enrolled for a second associate degree will be considered if resources are available. A federally funded grant program for undergraduates who demonstrate financial need and whose calculated family contribution is minimal.
Positions are available on campus for approximately five hours of part-time employment per week.
Academic eligibility is determined by the College Admissions Office while financial eligibility is determined by the Financial Aid Office. This award is a loan that must be repaid at an annual interest rate of 5 percent. Number of Payments Approx. The U.S. Department of Education determines eligibility for the grant based on family taxed and untaxed income, the number of family members, family assets, etc. Federal Family Education Loan Program Subsidized Stafford Loan Students who demonstrate financial need may be eligible to borrow money from their local lending institutions under this loan program.