Financial aid Overview

​The following is a listing of aid types for which you may be eligible.  The aid office will make the determination using information from your admissions file and the Free Application for Federal Student Aid (FAFSA). Generally, grant aid may be available only if the student is seeking the first baccalaureate degree.

  

Merit scholarships are generally renewable for up to four years (total of five years of scholarship aid), but are limited to students who are taking at least 12 undergraduate credit hours, and who have not yet earned their first baccalaureate degree.  Likewise, students who enter the graduate portion of their program, even though they may not yet have earned the baccalaureate degree, are not eligible for the merit awards.

 

​Federal and State Grants (2012-2013) : ​ ​
Type​ ​Amount ​Eligibility
​Federal Pell Grant ​$602-$5,550 Full- or part-time student; requires FAFSA; amount at left assumes full-time enrollment​
Federal Supplemental Grant​ ​$500-$1,000 ​For students with exceptional need; requires FAFSA
​Ohio College Opportunity Grant (OCOG) $2,280​ requires FAFSA; grant amount subject
to change, pending state budgetary process ​
Pennsylvania Higher Education Grant (PHEA)​ ​up to $554 ​Pennsylvania resident; requires FAFSA
 

Additionally the federal TEACH Grant may be available to students seeking teaching licensure, but requires that students teach in certain academic subjects and in school districts with certain economic criteria.  The financial aid office may make presentations in education classes in the fall to help students determine whether they might meet the requirements for the TEACH Grant.  More information about the grant may be found at TEACH Grant

 

​Loans (2012-2013): ​ ​
Type​ ​Amount ​Eligibility
Federal Perkins Loan​ ​Varies, up to $1,500 ​requires FAFSA and need
​Direct Subsidized Loan $3500 for freshman; up to $4,500 for sophomore; up to $5,500 for junior or senior​ requires FAFSA​
​Direct Parent PLUS Loan ​Varies up to cost of education Parents elect to borrow​
Direct Graduate PLUS loan​ ​Varies up to cost of education ​Graduate student elects to borrow
Alternative Loan​ ​Varies up to cost of education ​Normally requires creditworthy co-borrower
Direct Unsubsidized Loan​ up to $2000 for undergraduate; up to $20,500 for graduate ​requires FAFSA

 

Award letters will typically include work-study eligibility if the student is eligible, based on FAFSA information.  However, if the work-study eligibility appears on the award letter, that in no way guarantees the student a job.  Moreover, if the student does work, the earnings are paid directly to the student; they are not applied to the student's account.

 

​Student Employment (2012-2013): ​ ​
Type​ ​Amount ​Eligibility
​Federal Work-Study ​up to $1,500 Full-time student; FAFSA required and student demonstrates financial need​
University Work-Study​ ​varies ​Full-time student who do not demonstrate need