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General Information

» What
are the deadlines to apply for Aid?
» What are
the different types of Aid?
» What
is the La Salle overaward policy?
» What
is verification?
» What
is an independent student?
» Office
Hours and Telephone Numbers?
» What
is my aid eligibilty in a prerequisite program?
Scholarships, Grants, Discounts, and Tax Credits

» What
about scholarships for returning students?
» What is the
Hope Scholarship/Lifetime Learning Credit?
» What is the
PA New Economy Tech Scholarship?
» What about
my PHEAA State Grant?
» What is
the discount for Catholic School teachers?
Loans and Alternative Payment Options

» How do
I receive a Perkins Loan?
» How do
I apply for a Stafford Loan?
» How can
I finance my remaining balance?
» Loans for New Jersey Residents?
» How
do I consolidate my loans?
Student Jobs On Campus

» How do I
apply for Budget jobs?
» » How
do I apply for Federal Work Study jobs?
Co-ops and Study Abroad Programs

» How do I
get aid for study abroad?
» What if I
do a co-op?
Credit Balances: Refunds and Money for Books

» What if I
need money for books?
» How do I
get my refund and money for books?
Reading Bills: Memos and Credits

» What are those
credits and memos on my bill?
Special Circumstances and Academic Progress

» I have
special circumstances, what do I do?
» What academic
progress must I make?
Employee Tuition Benefits

» What are
the employee tuition benefits?
» What
are the tuition benefits for employee dependents?
» What
is Tuition Exchange?
Accessing Information Online

» How can Brother
Luwis answer my aid questions?
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Types of Financial Aid
To be eligible for financial aid you must be an U.S. CITIZEN or a PERMANENT RESIDENT and must be MATRICULATED, that is, enrolled in an eligible program seeking a degree or certificate. Eligibility is dependent on your Federally calculated need and the availability of funds.
Federal Pell Grant is a Federally administered program, which awards grants to undergraduate students who are enrolled for at least 3 credits on the basis of exceptional need and without a previous degree.
PHEAA State Grant is awarded by the State of Pennsylvania according to their formula to undergraduate students who are enrolled for at least 6 credits and do not have a previous degree.
Federal Stafford Loan Program
- Subsidized Loan is a low-interest loan awarded on the basis of need made directly by the Federal Government. Repayment begins 6 months after leaving school or enrolling less than half-time with a maximum of 10 years to repay. Students must be enrolled as at least a ½ time student to be eligible.
- Unsubsidized Loan is a low-interest, non-need based loan made directly by the Federal Government. This loan is the same as the regular subsidized Stafford loan except students must make interest payments while in school and during the grace period. Students must be enrolled as at least a ½ time student to be eligible.
Dependent |
Annual loan limit |
Freshman |
$5,500
($3,500 between subsidized and unsubsidized, plus an additional $2,000 unsubsidized) |
Sophomore |
$6,500
($4,500 between subsidized and unsubsidized, plus an additional $2,000 unsubsidized) |
Junior or senior |
$7,500
($5,500 between subsidized and unsubsidized, plus an additional $2,000 unsubsidized) |
Independent |
Annual loan limit |
Freshman |
$9,500
($3,500 between subsidized and unsubsidized, plus an additional $6,000 unsubsidized) |
Sophomore |
$10,500
($4,500 between subsidized and unsubsidized, plus an additional $6,000 unsubsidized) |
Junior or senior |
$12,500
($5,500 between subsidized and unsubsidized, plus an additional $7,000 unsubsidized) |
Graduate or professional |
$20,500
($8,500 between subsidized and unsubsidized, plus an additional $12,000 unsubsidized) |
Lifetime limits |
Undergraduate dependent lifetime limit |
$31,000
(up to $23,000 may be subsidized) |
Undergraduate independent lifetime limit |
$57,500
(between subsidized and unsubsidized) |
Graduate or professional lifetime limit |
$138,500
(up to $65,000 may be subsidized) or
$224,000 (for health professions) |
Federal PLUS Loan is a non-need loan for the parents of undergraduate students who are enrolled as at least a ½ time student. Borrowers have the option of beginning repayment on the PLUS loan either 60 days after the loan is fully disbursed or wait until six months after the dependent student on whose behalf the parent borrowed ceases to be enrolled on at least a half-time basis. To apply for this loan, please follow these instructions.
Federal Graduate PLUS Loans are Federally sponsored loans for students attending graduate school. With a Grad PLUS loan, you may borrow up to the full cost of your education, less other financial aid received including Federal Stafford loans. The terms and conditions applicable to Parent PLUS Loans also apply to Graduate PLUS loans.
Federal Perkins Loan is a low-interest loan administered by the University and awarded to eligible students. Recipients must sign a Master Promissory Note, which will be used for consecutive years of borrowing. Repayment begins nine months after leaving school. The interest rate is 5%. Payments are scheduled over a period of up to ten years. Priority is given to eligible full-time students, demonstrating exceptional need, who apply on time. New borrowers: This award will not be credited to your account until you have returned the separately mailed Master Promissory Note and datasheet to the Office of Student Financial Services.
State Grants are awards given by various states to students who reside within that state. Each state has its own award levels and eligibility criteria. Generally, state grants are awarded on the basis of need and limited to undergraduate students attending full time. You should contact your state agency for more details and filing deadlines.
Federal Supplemental Educational Opportunity Grant (FSEOG) is a grant administered by the University. FSEOG is awarded to undergraduate students demonstrating exceptional need with priority to full-time Federal Pell Grant recipients who apply on-time.
La Salle University Grant is awarded from University resources to help student's finance their education. Awards are restricted to full-time traditional undergraduate students who apply on-time and demonstrate financial need.
Federal Work-Study (FWS) is a need-based employment program administered by the University. Priority is given to full-time students who apply on-time. Federal Work Study is not credited on your bill as you will receive bi-weekly paychecks from your job. You will need to sign a student contract and submit it to the Office of Human Resources. The contract will be provided by the Office of Student Financial Services.
The Academic Competitiveness Grant provides up to $750 for the first year of undergraduate study and up to $1,300 for the second year of undergraduate study. The program became available for the first time for the 2006-07 school year for first year students who graduated from high school after January 1, 2006 and for second year students who graduated from high school after January 1, 2005. The Academic Competitiveness Grant award is in addition to the student's Pell Grant award.
To be eligible for an ACG each academic year, a student must:
- Be a U.S. citizen;
- Be Federal Pell Grant eligible;
- Be enrolled full-time in a degree program;
- Be enrolled in the first or second academic year of his or her program of study at a two-year or four-year degree-granting institution;
- Have completed a rigorous secondary school program of study (after January 1, 2006, if a first-year student, and after January 1, 2005, if a second year student);
- If a first-year student, not have been previously enrolled in an undergraduate program; and
- If a second-year student, have at least a cumulative 3.0 grade point average on a 4.0 scale for the first academic year.
If you are completing the Free Application for Federal Student Aid (FAFSA) online (www.fafsa.ed.gov), FAFSA on the Web will predetermine if you are eligible to answer the ACG questions. La Salle will notify you if you are eligible for the ACG grant and the Student Financial services office may also require a copy of your High School transcript.
The National SMART Grant provides up to $4,000 for each of the third and fourth years of undergraduate study. The National SMART Grant award is in addition to the student's Pell Grant award.
To be eligible to receive a National SMART Grant, you must:
- Be a US citizen;
- Be Federal Pell Grant eligible;
- Be enrolled as a full-time third or fourth year student in a baccalaureate degree program;
- Have a 3.0 cumulative grade point average;
- Be enrolled in an eligible major in one of the following categories: Computer Science, Engineering, Critical Foreign Languages, Life Sciences, Mathematics, Physical Sciences, Technology, or Multidisciplinary Studies (Please click below to view complete list of eligible majors).
La Salle's Office of Student Financial Services will notify you if you are eligible.
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