Federal Programs The amount of federal assistance for which a student is eligible is determined by 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 awarded to thousands of eligible students annually. Most recipients come from families where the annual household income falls below $25,000. Federal Supplemental Educational Opportunity Grant (SEOG) These grants are available to students who demonstrate exceptional financial need via the federal application form and do not usually have to be repaid. Federal Work-Study Program Students qualifying for federal College Work-Study funds may apply within the University or at approved community service locations. Federal Direct Stafford/Ford Loan Program Eligible students may borrow the federal annual loan maximum once during the University's scheduled academic year which includes the Fall, Spring and following summer terms. Federal Direct Ford Parent Loans for Undergraduate Students On this loan with variable interest rate, fees are assessed for insurance and origination. (Maximum repayment period is 10 years.) West Virginia Programs Bluefield State University Undergraduate Board of Directors (BOD) Tuition Waivers Waivers awarded to entering freshmen and continuing students based on academic excellence or exceptional talents or skills. Promise Scholarship Program Scholarships based on high school academic performance and progress toward completion of a degree. West Virginia Higher Education Adult Part-Time Student Grant Program (HEAPS) Grants available on a limited basis to part-time students. West Virginia Higher Education Grant Program Scholarships based on financial need as well as satisfactory progress toward completion of a degree.