Federal/State Grant Programs Available at Cheyney University
Federal Pell Grant
The Federal Pell Grant program is a need based grant assistance program developed by the US Department of Education that does not have to be paid back. The Pell Grant may be awarded to undergraduate, degree seeking students who have not obtained their first bachelor’s degree. The amount is determined based on the student’s financial need as indicated once the Free Application for Federal Student Aid/FAFSA Application has been submitted to the Department of Education.
Effective 7/1/2012 a student may only receive funding from the Federal Pell Grant program for a maximum of 6 annual awards. Students nearing or who have reached the limit will be notified by the Department of Education and the Financial Aid Office at Cheyney University once the Free Application for Federal Student Aid /FAFSA application has been filed and the review of your request for aid has started.
The maximum award for 2014-2015 is $5730 for a full-time student
Pell Grants are awarded based on the student’s attendance:
- 12 Credit Hours or More 100% of Pell Grant Award
- 9 – 11.5 Credit Hours 75% of Pell Grant Award
- 6 – 8.5 Credit Hours 50% of Pell Grant Award
- 1 - 5.5 Credit Hours 25% of Pell Grant Award
Federal Pell Grant Application process for 2014-2015:
- For Federal Pell Grant consideration you must complete a Free Application for Federal Student Aid/FAFSA for award year 2014-2015. Applications must be submitted between January 1, 2014 and June 30, 2015.
Federal Supplemental Educational Opportunity Grant (FSEOG)
A FSEOG is a grant issued by the US Department of Education for undergraduate, first degree seeking students with exeptional financial need. Priority is given to student who receive Federal Pell Grant awards.
Facts About FSEOG
- An FSEOG does not have to be repaid upon graduation.
- Students are awarded based on the availablity of funds.
- Students must be enrolled at least half -time ( 6 credit hours per semester) to receive FSEOG funding.
FSEOG award amounts for the 2014 - 2015 academic year range from $100 to $4000 at Cheyney University
Federal SEOG Application Process for 2014-2015:
- For Federal SEOG consideration you must complete a Free Application for Federal Student Aid/FAFSA for award year 2014-2015. Applications must be submitted between January 1, 2014 and June 30, 2015.
Teacher Education Assistance for College and Higher Education (TEACH) Grant Program
The TEACH grant program was developed by the US Congress as a part of the College Cost Reduction and Access Act of 2007, the TEACH Grant program was designed to assist in the development and recruitment of highly qualified teachers for high need programs in public or private elementary or secondary education that serve low income families. This is not a need-based grant, student must complete a Free Application for Federal Student Aid/FAFSA and meet the published criteria.
Amount of Teach Grant
For TEACH Grants first disbursed on or after October 1, 2013 and before October 1, 2014, the maximum award is $3,964. For TEACH Grants disbursed on or after October 1, 2014 and before October 1, 2015, the maximum award is $3,708
- Aggregate Grant Limits:
- Undergraduate aggregate maximum is $16,000
- Graduate aggregate maximum is $8,000
Eligibility for the TEACH grant may affect your eligibility for other types of aid. The awarding of a TEACH grant may require a revision to other awards to ensure the student remains within the published cost of attendance.
IMPORTANT INFORMATION REGARDING TEACH GRANT
- Students who receive the TEACH grant must agree to serve as a full-time teacher in a high need field in a public or private elementary or secondary school that serves low income students,for at least 4 academic years within eight calendar years after completing the program of study for which they received the TEACH grant assistance.
- If the service committment is not fulfilled by the student, the grant is converted to a full Direct Unsubsidized Stafford Loan, with interest charged from the date the grant was first disbursed to the student.
- Each year TEACH grant recipients must complete the TEACH Grant Agreement to Service and Promise to Pay along with the TEACH grant intial counseling or subsequent counseling.
Pennsylvania State Grant Program
The Pennsylvania State Grant Program (PHEAA) is a need-based grant program for Pennsylvania residents, seeking to pursue an undergraduate degree at an eligible Pennslyvania institution.
2014-2015 PHEAA State Grant Awards:
- The maximum award for 2014-15 academic year is $3414 for a full-time student
Determination of Pennsylvania State Grant eligibility
Although Pennsylvania State Grant eligibility is based primarily on financial need, all applicants must continue to comply with certain basic requirements before a student is determined eligible. Student seeking assistance through PHEAA must submit their Free Application for Federal Student Aid/FAFSA by MAY 1 of each year.
An applicant must:
- Be enrolled at least half-time (defined as at least six semester credits or the equivalent).
- Be enrolled in an approved program of study of at least two academic years in length.
- Be enrolled in a school approved by PHEAA for Pennsylvania State Grant purposes.
- Not have received the maximum number of Pennsylvania State Grant awards permitted.
- Be of satisfactory character (not be incarcerated).
- Be a domiciliary of Pennsylvania.
- Be a graduate of an approved high school, have a GED, or be a graduate of an approved home school program.
- Maintain satisfactory academic progress as defined by PHEAA.
- Not have earned a bachelor’s degree or its equivalent.
- Not be in default or pending default on an educational loan. This also applies to programs where awards have been converted to loans due to failure to meet all eligibility or service requirements and the loan is in a default status.
- Be enrolled in a program of study where at least 50 percent of the total credit or clock hours needed for completion ofthe program are earned through classroom instruction: The program itself must be structured to allow you to complete at least 50 percent of your credits or clock hours in the classroom
- File and complete the application process by the appropriate deadlines