TYPES OF FINANCIAL AID
Awards are made until funds are exhausted. Once financial aid is obtained, future eligibility is determined by the student's progress toward a degree. Guidelines for continued eligibility are included in the award letter and are also available in the Financial Aid Office.
Loans
Grants
A Federal Pell Grant is one that does not have to be paid back. It is only awarded to undergraduate students who have not earned a bachelor's or professional degree.
To determine eligibility, a standard formula, established by congress, is used to produce an Expected Family Contribution (EFC) number. Your Student Aid Report (SAR) contains this number and will tell you if you are eligible.
Maximum award amounts depend on program funding. The maximum award for the 2000-2001 academic year is $3,300. How much you get will depend on EFC, cost of attendance, enrollment status, and whether you attend for the full academic year.
Federal Supplemental Education Opportunity Grant (FSEOG)
A Federal Supplemental Educational Opportunity Grant (FSEOG), like the Federal Pell Grant, does not have to be paid back. It is available to students with exceptional financial need-based on EFC number-and gives priority to students who receive the Federal Pell Grant.
The U.S. Department of Education guarantees that each participating school will receive enough money for students with Federal Pell Grant eligibility. There's no guarantee every eligible student will be able to receive an FSEOG. Schools may award students FSEOG based on availability of funds at that school.
You can receive between $100 and $4,000 a year, depending on your level of need, the funding level of the school, and the policies of the financial aid office at the school you are attending.
Federal Work-Study provides jobs on campus or off campus for undergraduate and students with financial need, allowing them to earn money to help pay education expenses. If you work off campus, your employer will usually be a private nonprofit organization or a public agency, and the work performed must be in the public interest.
Federal Work-Study wages will be at least current federal minimum wage. Your total Federal Work-Study award depends on when you apply, your level of need, and the funding level of your school.
If you are an undergraduate, you'll be paid by the hour. Your school must pay you at least once a month. Your school must pay you directly, unless you request that the institutional charges such as tuition, fees, room and board.
The amount you earn can't exceed your total Federal Work-Study award. When assigning work hours, your employer or financial aid administrator will consider your class schedule and your academic progress.
National Guard Fee Waiver Program
Bureau of Indian Affairs (BIA) Grants
BIA tribal grants are available to students with a Certificate of Degree of Indian Blood (CDIB) card, providing the student is 1/4 or more Native American. Applications for a CDIB card and the BIA Higher Education Grant and renewal forms are available directly from tribal offices.
Scholarships
(OHLAP) OK Higher Learning Access
Regent's Fee Waivers
Information regarding Regent's Fee Waivers is available through the Office of Advisement and Student Admissions Services at Connors State College.
Other Forms of Financial Assistance
Veterans Educational Benefits (GI Bill)
The Veterans Educational Benefits Program is coordinated through the VA Coordinator, Billie Williams, in the Office of Advisement and Student Admissions Services at Connors State College. For additional information concerning benefits or eligibility you may also call the VARO at 1-888-442-4551.
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