Federal Pell Grant - Undergraduate
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Description
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- Federal government grant, based on need
- Repayment not required
- Available for full and part-time students
- Limited to 18 full-time equivalent semesters
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How to Apply
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- Complete general requirements
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Amount
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- 2009-2010: $609 - $8,025 per year
- 2010-2011: $659 - $8,325 per year
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Deadline
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Ohio College Opportunity Grant (OCOG) - Undergraduate
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Description
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- State of Ohio grant, based on need
- Limited to 10 full-time equivalent semesters of need-based State of Ohio grant aid (including a combination of OCOG and OIG)
- Available for full and part-time students
- Seeking first associate's or bachelor's degree
- Available for tuition and fees only
- U.S. citizen and eligible non-citizen
- Ohio residency of 1 year required
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| How to Apply |
- Complete general requirements
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| Amount for 09-10 only |
- $225-$900 per term up to three terms per award year
- Maximum of $2,700 per year
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| Amount for 10-11 |
- $180 - $720 per term
- Maximum of $2,160 per year
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| Deadline |
- 2009-2010: October 1, 2009; 2010-2011: October 1, 2010
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Pennsylvania Higher Education Assistance Agency (PHEAA) - Undergraduate
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Description
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- This program allows eligible Pennsylvania residents to obtain financial assistance for undergraduate study at any PHEAA-approved institution of higher education
- Meet criteria for financial need
- Must be enrolled at least half-time in a PHEAA-approved undergraduate program of study and not already have a 4-year (or more) undergraduate degree
- At least 50% of the total credits/clock hours required for completing the program of study must be earned through face-to-face classroom instruction
- Be a Pennsylvania resident for at least 12 months before applying for this grant
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| How to Apply |
- Apply at www.pheaa.org
- For more information, call toll-free: 1.800.692.7392
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| Deadlines: |
- May 1 for: 1) all renewal applicants, 2) new applicants who plan to enroll in an undergraduate baccalaureate degree program, and 3) those in college transfer programs at two-year public or junior colleges
- August 1 for first-time applicants who plan to enroll in: 1) a business, trade, or technical school, 2) a hospital school of nursing, or 3) a two-year terminal (i.e., non-transferable two-year degree) program at a community, junior, or four-year college
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Federal Supplemental Educational Opportunity Grant (SEOG) - Undergraduate
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Description
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- Federal grant, based on need
- Available for full and part-time students
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How to Apply
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- Complete general requirements
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Amount
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- Maximum of $400 per term; $1,200 per year; award based on availability of funds
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Deadline
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- Meet priority deadline for the first trimester of enrollment of the award year
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Federal Academic Competitiveness Grant (ACG) - Undergraduate
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Description
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- Federal grant, based on need
- Must have Pell eligibility
- First and second year students
- Requires completion of rigorous high school program of study
- Available to full-time and part-time students
- U.S. citizen and eligible non-citizens
- Repayment not required
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How to Apply
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- Complete general requirements
- Must self-identify on the FAFSA
- Must have official high school transcript and all official college transcripts on file
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Amount
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- 2009-2010 and 2010-2011
- First year - up to $750
- Second year - up to $1,300
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Federal National Science and Mathematics Access to Retain Talent Grant (SMART) - Undergraduate
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Description
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- Federal grant, based on need
- Must have Pell eligibility
- Junior and senior class level
- Available for full and part-time students
- Limited to Programs of Study: Computer Science, Digital Communications, Information Technology, and Web Development
- GPA of 3.0 or higher
- Repayment not required
- U.S. citizen and eligible non-citizens
- Must be enrolled in at least one course each term that meets the specific requirements of the student's National SMART Grant-eligible major
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How to Apply
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- Complete general requirements
- Official transcripts from all previous colleges and universities must be on file with Franklin
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Amount
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Deadline
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Description
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- On-campus employment
- Must be enrolled at least half time
- Work with University faculty and staff
- Receive paycheck twice a month
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How to Apply
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- Complete general requirements; and submit FWS employment application to Human Resources
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Amount
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- $3,500 (estimated) per term
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Deadline
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- Preference to students who meet priority deadline
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Schell Loan Program - Undergraduate
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Description
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- Registered at least half time
- Must have completed 30 hours at Franklin with a minimum 3.0 GPA
- U.S. citizen
- 25 years of age or younger
- Not receiving any grants/scholarships
- Must reside in Ohio, Kentucky or West Virginia
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How to Apply
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- Contact Financial Aid for an appointment
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Amount
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- Up to $200 per credit hour
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Deadline
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Federal Direct Subsidized Loan Program - Undergraduate/ Graduate
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Description
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- Federal loan, based on financial need
- Interest rate is fixed at 5.60% for loans first disbursed between 7-1-09 and 6-30-10; Origination fee of 1.5% with a 1% rebate
- Interest rate is fixed at 4.5% for loans first disbursed between 7-1-10 and 6-30-11; Origination fee of 1% with a .5% rebate.
- Must be enrolled at least half-time
- Repayment begins when you graduate or cease to be enrolled at least half time for a period of at least six months
- 10-year repayment
- Interest paid by federal government while in school, during deferment, and during grace period
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How to Apply
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- Complete a Master Promissory Note
- Complete general requirements
- Complete a Student Loan Entrance Interview (for first time borrowers at Franklin University)
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Amount:
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- Undergraduate:
- Freshman: $3,500
- Sophomore: $4,500
- Junior/Senior: $5,500
- Aggregate: $23,000
- Graduate:
- Yearly: $8,500
- Aggregate: $65,500
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Deadline
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- 2009-2010
- Processed in dated order through April 26 2010
- 2010-2011
- Processed in dated order through April 26, 2011
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Federal Direct Unsubsidized Loan Program - Undergraduate/Graduate
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Description
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- Federal loan, not based on financial need
- Interest rate is fixed at 6.80% for loans first disbursed between 7-1-09 and 6-30-10; Origination fee of 1.5% with a 1% rebate
- Interest rate is fixed at 6.8% for loans first disbursed between 7-1-10 and 6-30-11; Origination fee of 1% with a .5% rebate.
- Must be enrolled at least half-time
- Repayment begins when you graduate or cease to be enrolled at least half time for a period of at least six months
- 10-year repayment
- Borrower is responsible for accrued interest while in school, during deferment, and grace period
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How to Apply
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- Same as Federal Direct Subsidized Stafford Loan
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Amount:
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- Undergraduate:
- Freshman: $9,500*
- Sophomore: $10,500*
- Junior/Senior: $12,500*
- Aggregate Undergraduate Total Sub and Unsubsidized: $57,500*
- Graduate:
- Total Sub: $8,500
- Total Unsubsidized: $12,000
- Aggregate Annual: $20,500
- Aggregate Total: $138,500*
* less Federal Stafford Subsidized eligibility
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Deadline
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- Same as Federal Direct Subsidized Loan Program
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Federal Direct Parent Loan for Undergraduate Students (PLUS) - Dependent/Undergraduate
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Description
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- Federal loan for parents of dependent students, not based on financial need
- Interest rate is fixed at 7.9%; Origination fee of 4% with a 1.5% rebate
- At least half-time enrollment required
- Repayment begins within 60 days after the final disbursement for the academic year; Repayment may be deferred if certain conditions are met
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How to Apply
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- Complete general requirements;
- Electronically via our Loan Process page.
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Amount
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- Cost of education, minus other financial aid
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Deadline
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- Same as Federal Direct Subsidized Loan Program
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Federal Direct Graduate PLUS Loan - Graduate Students
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Description
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- Federal loan for graduate students, not based on financial need
- Interest rate is fixed at 7.9%; Origination fee of 4% with a 1.5% rebate
- At least half-time enrollment required
- Must have applied for the annual loan maximum in subsidized and unsubsidized loans before applying for GRAD PLUS loan
- Repayment begins within 60 days after the final disbursement for the academic year; Repayment may be deferred if certain conditions are met
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How to Apply
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Amount
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- Cost of education, minus other financial aid
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| Deadline |
- Same as Federal Direct Subsidized Loan Program
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I Know I Can Grant
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| Description |
- Complete and submit the FAFSA by March 15, 2010
- Current high school students must have a Grade Point Average (GPA) of 2.25 and current college students must have a GPA of 2.0
- Must be Pell eligible
- Students have 1 year from their high school graduation to apply for the grant
- Must be enrolled full-time for each term
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Deadline
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