Financial Aid

 

If you have Pell Grants and/or student loans, you may have excess financial aid that you can use for other things in The College Store like purchasing a laptop computer, meal plan card, or optional supplies.  Generally, the concept of excess financial aid will only apply to students with a PELL grant and/or student loans, but here’s the basic math…


Awarded Financial Aid – Student Account Balance = Excess Financial Aid


Award amounts for both PELL grants and student loans depend on the number of credit hours you are taking for the semester.


PELL Grant:

12+ credit hours, 100%

 9+ credit hours, 75%

 6+ credit hours, 50%

 3+ credit hours, 25%

 

Student Loans:

6+ credit hours, 100%

5 or less, credit hours, 0%

 



Financial Aid

 

If you have Pell Grants and/or student loans, you may have excess financial aid that you can use for other things in The College Store like purchasing a laptop computer, meal plan card, or optional supplies.  Generally, the concept of excess financial aid will only apply to students with a PELL grant and/or student loans, but here’s the basic math…


Awarded Financial Aid – Tuition, Fees, and Student Account Balance = Excess Financial Aid


Award amounts for both PELL grants and student loans depend on the number of credit hours you are taking for the semester.


PELL Grant:

12+ credit hours, 100%

 11 credit hours, 92%

 10 credit hours, 83%

 9 credit hours, 75%

 8 credit hours, 67%

 7 credit hours, 58%

 6 credit hours, 50%

 5 credit hours, 42%

 4 credit hours, 33%

 3 credit hours, 25%

 2 credit hours, 17%

 1 credit hour, 8%

 

Student Loans:

6+ credit hours, 100%

5 or less, credit hours, 0%