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Explore Types of Financial Aid

Grants

Grants are a form of financial aid that does not need to be paid back. Grants can come from federal and state governments, as well as from 糖心传媒. To be considered for grants, a form is required. Only undergraduates who have not previously received a bachelor's degree are eligible. Grants are awarded to those who demonstrate exceptional financial need and apply for aid by the priority date, as funding is limited. Several types of grants are described below.

 

Federal Pell Grant

Pell Grants are awarded to eligible undergraduate students who do not have a bachelor's degree. The annual award amounts are set by the Department of Education and can change annually. The amount you get, though, will depend on your Student Aid Index (based on your FAFSA form).

Award amounts assume 12 eligible credit hours per semester and some recipients are eligible for partial awards for less than half-time enrollment. In certain situations, an eligible student can receive up to 150 percent of her scheduled Pell Grant award for an award year (Summer, Fall, and Spring semesters).

The amount of funds you may receive over your lifetime is limited by federal law to be the equivalent of six years of Pell Grant funding. Since the amount of a scheduled Pell Grant award you can receive each award year is equal to 100%, the six-year equivalent is 600%.

 

Federal Supplemental Educational Opportunity Grant (SEOG)

SEOG is awarded to Pell-eligible undergraduate students who do not have a bachelor's degree and who demonstrate exceptional financial need. Award amounts vary and are determined by the availability of funds.

 

State of Georgia Grants

Information on other grants and scholarships available from the State of Georgia is located at the .

 

Other State Grants

Information on other states and territories, besides Georgia, and their grants and scholarships is available from the .

 

Federal Work Study

Federal Work-Study (FWS) provides part-time jobs for undergraduate students with financial need, allowing them to earn money to help pay education expenses. The program encourages community service work and work related to the student’s field of study.

At Spelman, FWS is awarded to enrolled undergraduate students who demonstrate financial need and awards generally $1,500 per semester and are earned during enrollment. Students may work on-campus, off-campus, or in a community service position. Students who participate in Federal Work Study can work up to 20 hours a week and funds are paid directly to the student.

Learn More About Federal Work-Study

 

Scholarships

Scholarships are known as "gift aid”. Scholarship awards are given on an annual basis and do not require repayment. Academic excellence, financial need, and the major of study are the primary criteria used for selecting recipients. Students awarded scholarships will typically be expected to maintain a cumulative GPA of 3.0.

Learn More About Scholarship Opportunities

 

Student Loans

A student loan is money you borrow from the federal government or a private organization to pay for college expenses and repay later with interest. By educating yourself about the different types of college loans and making smart borrowing decisions, you can limit the amount of debt you have once you have graduated.

Explore Loan Options to Consider

Contact Our Office

In order to provide the best customer service to students, we offer our services in a variety of virtual, online formats. Email is the best way to connect with our staff. Utilizing emails helps us better serve you, giving our staff an opportunity to research your question before responding. Contact your financial aid advisor.

Contact Your Financial Aid Advisor

Financial Aid Assets

Other Resources

Cares Act
Student Account Center

Packard Hall, 1st Floor
350 Spelman Lane SW
PO Box 771
Atlanta, GA. 30314

Phone: 404.270.5222
Fax: 404.270.5220
financialaid@spelman.edu