Federal Grants Financial Aid Basics
Grantham University participates in the following Federal Student Aid (FSA) grant programs to assist in financing your education.
The Federal Pell Grant is considered gift aid and therefore does not need to be repaid. Your eligibility for a Pell Grant is calculated using a formula developed by the U.S. Congress and information submitted by you on the Free Application for Federal Student Aid (FAFSA). Only undergraduate students are eligible for Pell Grants at Grantham.
For the 2016-2017 award year (July 1, 2016 to June 30, 2017), the maximum scheduled Pell Grant award is $5,815 (subject to change based on adjustments to the Federal Budget). The amount you are awarded depends on your cost of attendance, Expected Family Contribution (EFC), and enrollment status (full-time, ¾ time, half-time, or less-than-half-time).
This program is another form of gift aid that does not have to be repaid. However, unlike the Pell Grant program, it is not based on financial need. The Iraq and Afghanistan Service Grant Program is intended to assist students who are not Pell-eligible, but whose parent or guardian died as a result of military service in Iraq or Afghanistan after September 11, 2001, and who, at the time of the parent’s or guardian’s death, were less than 24 years old or were enrolled in college at least part-time. The amount awarded is up to the maximum Pell Grant for the award year (subject to change based on adjustments to the Federal Budget.)
For more information about FSA programs, see www.studentaid.ed.gov or call the FSA Information Center at 1-800-4-FED-AID (1-800-433-3243). For additional questions regarding other financial assistance opportunities that may be available to you, please contact Grantham University’s Office of Financial Aid at 866-850-2980 or email us at firstname.lastname@example.org.