Saint Francis participates in many financial aid programs offered by the Federal Government. U.S. citizens and permanent residents of this country may be eligible for the financial assistance programs listed below.
Grant: - A grant is gift aid that does not have to be repaid.
- Grants are awarded based on financial need, enrollment status, expected family contribution, and cost of attendance.
- Saint Francis undergraduate students who complete a FAFSA are automatically considered for the grants listed below
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Federal Pell Grant Program: - Federally funded student gift aid that does not need to be repaid.
- Awarded to undergraduate students who have high financial need who are working on their first bachelor’s degree.
- Awarded based on expected family contribution and number of credits you have scheduled.
- May be awarded to students who are half-time (six credits).
- The maximum 2011-2012 (fall-spring) award is $5,550 for the academic year; the maximum per semester is $2,775.
- Once you complete the FAFSA, you are automatically considered for the grant.
- You must meet federal student eligibility requirements.
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Federal Supplemental Education Opportunity Grant (FSEOG): - Federally-funded gift aid awarded by Saint Francis to undergraduate students with exceptional financial need who are working on their first bachelor’s degree.
- Must be enrolled at least half-time (6 credits).
- Maximum award is $1,000 per year.
- Once you complete the FAFSA, you are automatically considered for the grant.
- You must meet federal student aid eligibility requirements.
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State Grant Programs: - State-funded gift aid awarded by the Pennsylvania Higher Education Assistance Agency (PHEAA) to undergraduate Pennsylvania residents who demonstrate high financial need.
- Non-Pennsylvania residents from certain states may receive state grants from their respective states.
- Awarded based on financial need and enrollment status: full-time (12 or more credits) or half-time (6 credits) for a maximum of 8 semesters to students enrolled in a four-year program and a maximum of 4 semesters to students enrolled in a two-year program.
- Note: If you choose to apply for a Summer PHEAA State Grant, it will be counted towards your maximum semesters of eligibility.
- Maximum full-time award beginning with the 2011-2012 academic year is $4,348 per year; maximum half-time award is $2,174 per year.
- If PHEAA receives your FAFSA information by May 1, you are automatically considered for the grant.
- You must meet student aid eligibility requirements.
PHEAA Grant regulations state that, for an approved program of study, at least 50% of the coursework for the minimum program length must be taken through classroom instruction in order to remain eligible for PHEAA Grant consideration. This does not include online or independent learning courses. |