General Information

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.

Year Round Pell

 

What is Year Round Pell?

The Department of Education has announced that students that are eligible for Pell Grant may be able to receive a third disbursement of Pell Grant. Fort Valley State University will implement “ Year Round Pell Grant” beginning in the summer of 2018.

How do I become eligible?

The general rules are that students must be eligible for Pell Grant as determined by the Department of Education, and must be enrolled at least half-time for the summer semester. Half-time enrollment is six (6) credit hours for undergraduate students. Graduate students are not eligible for Pell Grant. View this short video for more information on Year Round Pell Grant.

Does this mean I get more Pell?

It is important to note that this change will not result in extra Pell Grant being awarded to a student over the course of their undergraduate enrollment. The maximum timeframe Pell LEU that eligible students may receive Pell Grant is for the equivalent of twelve full-time semesters or 600%. In the past, a full-time student could receive only two disbursements equaling 100% per academic year. Now the student will be able to receive up to three disbursements equaling 150% per academic year.

Why the change?

Many students use all of their annual federal loan eligibility in the fall and spring semesters, leaving no additional loan funds for the summer semester. If possible, students are encouraged to reserve some of their annual federal loan eligibility to use during the summer semester. Students that have been awarded Pell Grant for the 2017-2018 academic year are encouraged to contact the Office of Financial Aid for assistance with financial planning for the summer 2018 and for the 2018-2019 academic year.

Example:

Here is an example of how Year-Round Pell Grant will work for the 2017-2018 academic year. A student with a zero EFC (Expected Family Contribution) is eligible for $5,920 in Pell Grant for the year (100%), or $2,960 (50%) for the fall semester and $2,960 (50%) for spring semester (based on full-time (12 credit hours) enrollment both semesters). Under the old rules, that student would not receive any Pell Grant if they enrolled for the summer semester. Under the new Year-Round Pell Grant initiative, the student would receive an additional $2,960 (50%) disbursement if they were to enroll full-time for summer. If the student enrolled half-time, student would receive $1,480 (25%) of Pell Grant for summer, or one-half of a full     disbursement.

 

Bookstore

Students can use financial aid with remaining funds. Click here for more information.

Scholarships

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

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).

Georgia Grants

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: http://www.gacollege411.org/.

Federal Work-Study

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.<

Loans

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 Loan Applications Link.

Cost of Attendance

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

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.