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?
» What is my aid eligibility if I am in the Teacher Certification Program?
» What is my aid eligibilty for a prep course?

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 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?

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 on the basis of exceptional need without a previous degree who are enrolled for at least 3 credits.

PHEAA State Grant is awarded by the State of Pennsylvania according to their formula to undergraduate students without a previous degree who are enrolled for at least 6 credits.

Federal Stafford 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. Depending on need, students may borrow up to $3,500 a year as a freshmen, $4,500 as a sophomore, $5,500 as an upperclassmen and $8,500 as a graduate student. Students must be enrolled as at least a ½ time student to be eligible.

Federal Stafford Unsubsidized Loan is a low-interest loan offered to students who are ineligible to borrow the maximum amount of the Stafford SUBSIDIZED LOAN and to independent students who need additional funds. 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. The loan maximums are the same as those listed above for the Federal Stafford Subsidized Loan except independent students may borrow the additional amounts as follows: $4,000 as freshmen and sophomores; $5,000 as upperclassmen ; $12,000 as a graduate depending upon the educational costs for the student. Students must be enrolled as at least a ½ time student to be eligible.

Federal PLUS Loan is non-need loan for the parents of undergraduate students who are enrolled as at least a ½ time student. Repayment begins 60 days after the final disbursement of the loan. To apply for this loan, please follow these instructions.

Federal Perkins Loan is a low-interest loan administered by the College 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. This award will not be credited to your account until you have returned the Master Promissory Note and datasheet, which will be mailed to you separately, 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 College. 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 College Work-Study is a need-based employment program administered by the College. Priority is given to full-time students who apply on time. College Work Study is not credited on your bill as you will receive bi-weekly paychecks from your job. You will need to sign 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 your 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 eligible to receive a Pell Grant;
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.

The Teacher Education Assistance for College and Higher Education (TEACH) Grant Program was established under the College Cost Reduction and Access Act (CCRAA), to benefit current and prospective teachers. This new grant is available as of the 2008-09 school year.

Award amount

• Up to $4,000 per academic year
• Aggregate amounts are
  --$16,000 for students on their first undergraduate or post-baccalaureate (nondegree) program, and
  --$8,000 for graduate students.

The award, when combined with other aid, cannot exceed the cost of attendance. The award amount is prorated for those attending less than full-time.

Eligibility

Students need to meet basic eligibility requirements (there is no Expected Family Contribution for this grant), complete the Free Application for Federal Student Aid, FAFSA and

• must be currently completing coursework necessary to begin a career in teaching; or
• plan on completing coursework necessary to begin a career in teaching.

There are, however, graduate degree alternatives for teachers or retirees with experience in a teacher shortage area.

Academic requirements

• have at least a 3.25 GPA for each payment period;
• have a score above the 75th percentile on an admissions test, such as the SAT, ACT or GRE.

Agreement to serve/promise to pay

Academic requirements

• Students must sign an understanding of terms to certify that they understand the terms of the grant and the terms of their teaching service requirements.
• The student must teach full-time for at least four years within eight years of completing program as a
  --highly qualified teacher;
  --at a Title I school;
  --in a specified subject area (mathematics, science, a foreign language, bilingual education, special education, as a reading specialist, and other “high-need" fields).
• If service is not met, the grant must be repaid as an Unsubsidized Direct Stafford Loan, with interest from the date(s) of original disbursement.

School

The college the student attends must

Academic requirements

• provide high quality teacher preparation and professional development services;
• provide pedagogical course work, or assistance in the provision of such coursework;
• provide supervision and support services to teachers;
• participate in Federal Student Aid programs.
  

Common Scholarship Application Form can be filled out by returning students and second semester freshman to be considered for any outside scholarships that come into the Office of Student Financial Services..Completion of this form does not guarantee the awarding of a scholarship.