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Sunday, December 21, 2014
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Federal Programs

The amount of federal assistance for which a student is eligible is determined on the basis of the reported financial resources of the student and/or of the student's family. The amount of federal assistance a student is awarded through the institution is dependent upon the quantity of funds the institution has been allocated for distribution by the Department of Education. Criteria used to determine individual award amounts are available in the Financial Aid Office.

  • Federal Pell Grants - Pell Grants are available to students pursuing an undergraduate degree and do not have to be repaid. In order to receive full benefit of all federal aids and the West Virginia Higher Education Grant Program, a student must apply for the Pell Grant.

  • Federal Supplemental Educational Opportunity Grant (SEOG) -These grants are available to students who demonstrate exceptional financial need via the federal application form and, like the Pell Grant, do not usually have to be repaid.

  • Federal Work-Study Program -Students qualifying for federal College Work-Study funds may apply within the College or at approved community service locations.

  • Federal Direct Stafford/Ford Loan Program -Need based and non-need based loans are made to students through the Financial Aid Office. Need analysis is required. Interest rate is variable. Fees are assessed for insurance and origination. Payments may be deferred while student is in school. Various repayment options and consolidation with prior Stafford Loans are available. Eligible students may borrow the federal annual loan maximum once during the College's scheduled academic year which includes the Fall, Spring, and following summer terms.

  • Federal Perkins Loan Program -Loan requires need analysis. The interest rate is 5 %. Payments may be deferred while the student is in school and for nine months thereafter. Minimum $40 repayment with a maximum 10 year repayment period. Some cancellation benefits available.

  • Federal Direct Ford Parent Loans for Undergraduate Students -Loan requires need analysis and is made by the Financial Aid Office. Interest rate is variable. Fees are assessed for insurance and origination. Maximum repayment period is 10 years.

Free Application for Federal Student Aid (FAFSA) weblink

For additional information on Federal Programs, contact the Financial Aid Office at (304) 327-4020.