When you apply for financial aid, the Office of Financial Aid will consider you for all aid sources. Due to a high volume of calls, we encourage you to review your Banner Web account periodically. It is helpful to review each aid program to know what is available and to learn more about specific awards once you receive an award offer.
Scholarships are "free money" generally awarded based on merit or need and are not paid back. Additionally, any scholarship that you receive may reduce or replace the self-help (loan or work-study) portion of your aid package. You must notify the Office of Financial Aid of any scholarships you receive that are not already listed on your financial aid award offer.
Grants are "free money" that is not paid back and are awarded based on need and merit. The Federal Pell Grant is a federally awarded grant based on financial need. The amount of this grant ranged from $400 to $5550 for 2010-2011 academic year. This award will be adjusted for students who attend part time, less than 12 hours. The Federal Supplemental Opportunity Grant is awarded by the Office of Financial Aid. Students must be Pell Grant eligible generally with a zero Estimated Family Contribution (EFC).
State grant programs are awarded to residents of the State of Georgia who are enrolled as undergraduate students working on a degree at a public or private college or university. For more information visit:.
Federal Work Study is a federally subsidized employment program awarded by the Office of Financial Aid. This award is based upon financial need. Work-study funds are not credited to your account. A bi-weekly paycheck is received based on hours worked.
Low interest student and parent loans are borrowed money that must be repaid. Loans are a large part of many students' aid package. Borrow only what you need. Always remember that you will pay back what you borrow. Fort Valley State University participates in the Federal Direct Student Loan Program to offer Stafford loans and Parent Loans for Undergraduate Students (PLUS). A limited amount of funds is available through the Perkins Loan Program for students with exceptional need. Additional information is located under the.
The budget components are ESTIMATED averages and may not reflect your actual expenses. They are used solely for calculating financial aid eligibility. The tuition and fees component is based on 15 credit hours and average costs in the fall and spring semesters. The room and board component for residents varies depending upon housing location and meal plan.
Eligibility for federal student aid is based on financial need and on several other factors. The Office of Financial Aid will determine your eligibility.
To receive aid from our programs, you must
- Demonstrate financial need (except for certain loans).
- Have a high school diploma or a General Education Development (GED) certificate, pass a test approved by the U.S. Department of Education, meet other standards your state establishes that the Department approves, or complete a high school education in a home school setting that is treated as such under state law.
- Be working toward a degree or certificate in an eligible program.
- Be a U.S. citizen or eligible noncitizen.
- Have a valid Social Security Number (unless you're from the Republic of the Marshall Islands, the Federated States of Micronesia, or the Republic of Palau).
- Register with the Selective Service if required. You can use the paper or electronic FAFSASM to register, you can register at www.sss.gov, or you can call 1-847-688-6888. (TTY users can call 1-847-688-2567.)
- Maintain satisfactory academic progress once in school.
- Certify that you are not in default on a federal student loan and do not owe money on a federal student grant.
- Certify that you will use federal student aid only for educational purposes.
The Higher Education Act of 1965 as amended (HEA) suspends aid eligibility for students who have been convicted under federal or state law of the sale or possession of drugs, if the offense occurred during a period of enrollment for which the student was receiving federal student aid (grants, loans, and/or work-study). If you have a conviction(s) for these offenses, call the Federal Student Aid Information Center at 1-800-4-FED-AID (1-800-433-3243) or go to the FAFSA on the Web site, click on "Before Beginning A FAFSA" in the left column, then click on "Drug Worksheet" to find out how this law applies to you.
Even if you are ineligible for federal aid, you should complete the FAFSA because you may be eligible for nonfederal aid from states and private institutions. If you regain eligibility during the award year, notify your financial aid administrator immediately. If you are convicted of a drug-related offense after you submit the FAFSA, you might lose eligibility for federal student aid, and you might be liable for returning any financial aid you received during a period of ineligibility.
If you have a question about your citizenship status, contact the Office of Financial Aid.