Financial Aid Programs:

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Grants

Scholarships

Loans

Short Term Loans

Work Study

Grants: Federal money that you do not have to repay.

2008-2009

Program:	Federal Pell Grant	Federal Supplemental Educational Opportunity Grant (SEOG)
Eligibility:	Need	Need
Source:	Federal Government	Federal Government
Annual Amount:	$400 to $4731	$100 to $4,000
Length:	Annual renewal until you graduate with a Bachelors Degree	If funds are available and all other eligibility has been met.
To Apply:	FAFSA	FAFSA
Repayment:	No	No
Comments:	Minimum of 1/4 time enrollment required	Not required to be a full-time student. Must have exceptional need.

Repayment:	No	No
Program:	Student Incentive Grant	Disadvantaged Nursing Scholarship
Eligibility:	Need	Need
Source:	State Government	Federal Government
Annual Amount:	$200 to $1,500
Length:
To Apply:	FAFSA	FAFSA
Comments:	File FAFSA before March 15th. Student grants are based on availability of funds. Required to be a full-time student.	Required to be a full-time student.

Scholarships: Money that you do not have to repay, however, there may be certain stipulations attached to the award.

Scholarships are available for all courses of study. Apply at the Financial Aid Office. Office hours are Monday 8:00 a.m. to 6:00 p.m., Tuesday - Wednesday 8:00 a.m. to 5:00 p.m., Thursday 8:00 a.m. to 1:00 p.m., and on Friday 8:00 a.m. to 5:00 p.m.
High Demand/Critically Needed Program Scholarships
On-Line Form:	Print Scholarship Application Form

Loans: Funds provided by a lender which must be repaid.

Program:	William D. Ford Federal Direct (Subsidized)	Willam D. Ford Federal Direct (Unsubsidized)
Eligibility:	Need	Not awarded on need
Source:	Federal Government	Federal Government
Annual Amount:	Maximum of $3,500 Freshman year, $4,500 for the second year	Maximum of $7,500 in 1st year (only $3,500 may be subsidized). $8,500 in the 2nd year, (only $4,500 may be subsidized)
Length:	Reapply Annually	Reapply Annually
To Apply:	FAFSA, Loan Application, and Loan Counseling	FAFSA, Loan Application, and Loan Counseling
Repayment:	Yes. It begins 6 months after last enrollment.	Yes. It begins 6 months after last enrollment.
Comments:	Variable interest adjusted July 1st annually. No interest prior to repayment.	This is for the independent student, or the student whose parent is unable to get the PLUS loan. Interest begins when loan disbursements are made.
On-line Forms:	Online Exit Interview Print Exit Interview Information	Online Exit Interview Print Exit Interview Information

Program:	PLUS Loan	Nursing Education Scholarship loans
Eligibility:	Need	Need and academic performance.
Source:	Federal Government	State Government
Annual Amount:		$400 to $5,000 but a Maximum of $3,00 for AND and LPN programs.
Length:
To Apply:	FAFSA, Plus Loan Application, and Loan Counseling	Contact Financial Aid Office must complete FAFSA
Repayment:	Yes	Yes
Comments:	Dependent Students parent may borrow additional funds up to students COA (Cost of Attendance).	Promissory note must be signed. State employment may cancel loan.

Short Term Loans: Funds provided by FTCC that must be repaid within the specified time frames.

Program:	Short Term (Tuition OR Books)
Eligibility:	Need. Half time status
Source:	FTCC funds
Annual Amount:	Maximum $702 per semester for (1) Tuition - up to a maximum of 16 credit hours (In-state) OR (2) Books- up to $600, student must purchase books from FTCC bookstore.
Length:
To Apply:	Financial Aid Office
Repayment:	Yes in 90 days
Comments:	Repay 1/3 in 30 days, 1/3 in next 30 days and remainder in 90 days.

Federal Work Study: Money you actually earn along with acquiring work experience.

Eligibility:	Need
Source:	Federal Government
Annual amount:	variable
Length:	Renewable annually
To apply:	Contact Financial aid office
Repayment:	No
Comments:	Work sites may be on or off Campus, and types of work may vary.
On-Line Forms:	Print Work Study Application Form Student Employee Termination Student Employee Handbook Time Sheet Time Sheet - America Reads