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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%