Federal, State and Tribal Grants
A grant is a type of aid that is given to students on the basis of need.
Federal Student Grants
The Federal Pell Grant, unlike a loan, does not have to be repaid. The Pell Grant is intended to be the “floor” of a financial aid package. An undergraduate student who has not received a bachelor’s degree and is a U.S. citizen, or eligible non-citizen, is eligible to apply. Eligibility to receive a Federal Pell Grant is determined by the U. S. Department of Education based upon a standard formula, established by Congress, using family financial information submitted on the FAFSA and reported on the SAR. The formula produces an Expected Family Contribution (EFC) number. Your Student Aid Report (SAR) contains this number. Students must be degree-seeking, enrolled, and making reasonable satisfactory progress toward the completion of their course of study.
Proration: Federal Pell grants are paid in prorated payments. There are no exceptions for prorating Pell Grants. Pell Grants will only be paid on actual enrollment, regardless of whether a degree program recommends students to limit their course load to a certain amount. Proration is based on a student's enrollment status as follows:
|Status||Credit Hours Enrolled per Semester||Percent of Eligibility|
|Full-time||12 or more credit hours a semester||100 percent of Pell Grant eligibility|
|Three-quarter-time||9 to 11 credit hours a semester||75 percent of Pell Grant eligibility|
|Half-time||6 to 8 credit hours a semester||50 percent of Pell Grant eligibility|
|Less than half-time||5 or less credit hours a semester||25 percent of Pell Grant eligibility|
*Note: There are instances when an annual Pell Grant award can only be disbursed when the student is enrolled full-time. This typically occurs when a student's EFC is in the higher-end of the Pell-Eligibility range.
Lifetime Eligibility: Students who have already earned a bachelor's degree are ineligible for Pell grants, regardless of need. Additionally, a student can only receive a certain amount of Pell over his or her lifetime, regardless if a student has not completed his or her first bachelor's degree. Students cannot receive more than 600 percent of Pell over their lifetime. To better understand this requirement, use the above paragraph over proration. If a student maintains full-time status for a year then that student will use 100 percent of their eligibility; if a student only attends a half-time for a year then the student will use 50 percent. If a student maintains full-time status for six years than that student will use 600 percent. The lifetime eligibility limit of 600 percent was implemented for the first time in the 2012 - 2013 academic year.
Oklahoma Tuition Aid Grant
OTAG is grant funding based on need for up to 75 percent of tuition and fees to Oklahoma resident students making reasonable satisfactory academic progress. To apply, submit the FAFSA by March 1 of each year for best consideration, as funds are limited. This program is administered by the Oklahoma State Regents for Higher Education. Students must maintain at least six credit hours of enrollment a semester to be eligible for OTAG. Students must be eligible for Pell in order to receive OTAG.
Federal Supplemental Education Opportunity Grant
The FSEOG provides grants to students with the greatest financial need as determined from the SAR analysis and on the availability of funds. The grant may not exceed $4,000 a year. Students must be enrolled in at least half-time status and be making reasonable satisfactory academic progress.
Available to Native American students, application procedures are initiated in the appropriate Tribal Education Office and by submitting the FAFSA.