Forms of Aid
Federal Pell Grant:
This federal program is designed to assist students in meeting the tuition cost and/or living expenses. All grants are awarded on the basis of student's financial need. Pell grants are prorated for less than full-time attendance (i.e. three-quarter, half-time, or less than half-time).
Federal Supplemental Educational Opportunity Grants (FSEOG):
This federal campus-based program is designed for undergraduate students who demonstrate exceptional financial need. Priority is given to those students who have the lowest expected family contribution, and is awarded on a first come, first serve basis. Therefore, it is important to apply before March 15th, our priority deadline.
Ohio College Opportunity Grant:
Who is Eligible?
- The Ohio College Opportunity Grant Program (OCOG) provides need-based tuition assistance to Ohio residents is an associate's or bachelor's degree or nursing diploma program attending an eligible institution. Eligible students must have an Expected Family Contribution (EFC) of 2190 or less with a maximum household income of $75,000.
How do I apply?
- Students apply for OCOG benefits by completing the Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov. The application deadline is October 1st of each year.
Ohio Safety Officers College Memorial Fund:
Who is Eligible?
Recipients must be Ohio residents.
Can I enroll part-time ?
- Recipients may enroll for full-time or part-time study at any participating Ohio post-secondary institution.
How much aid is available?
The Fund provides benefits which cover full instructional and general fee charges at public colleges and universities and a portion of these costs at private post-secondary institutions.
How do I apply?
- Interested students should contact the Ohio Board of Regents State Grants and Scholarships Department at www.ohiohighered.org/sgs
The Nurse Education Assistance Loan Program Information for Future Nurses:
About the Program
The Nurse Education Assistance Loan Program (NEALP) was created by the Ohio General Assembly in 1990. The purpose of NEALP is to assist the state in meeting nursing shortages by providing financial assistance to Ohio students enrolled for at least half-time study (or accepted for enrollment) in approved Ohio pre-licensure nurse education program who intend to serve as nurses after graduation. NEALP provides up to $3,000 per year. In exchange, to qualify for loan cancellation, recipients must be employed full-time as a registered nurse or licensed practical nurse in the State of Ohio for a minimum of five years after graduation.
How to Apply:
- You can apply at https://nealp.regents.state.oh.us/cgi-bin/nealp/nealp_student_cgi
Applicants will be awarded NEALP funding based on information received from the applicant’s institution, FAFSA data, and information from the NEALP application. Applicants are ranked based on FAFSA data; those that demonstrate the highest level of need are awarded first. Awarding continues from the next neediest student until funds are depleted for the year. If sufficient funds are available, as determined by the Ohio Board of Regents, loan assistance will be awarded to all eligible applicants.
An applicant must:
Be an Ohio resident.
Be a U.S. citizen or a permanent resident.
Be enrolled in or be accepted for enrollment approved nurse education programs in Ohio colleges, universities, hospitals, or vocational schools.
Not be in default or owe a refund to any Federal Financial Aid program.
Maintain an academic record which places the student in good academic standings within the institution.
IS THERE A DEADLINE?
Students may apply after January 1 and before July 15th of each year. Notification of acceptance or denial for NEALP funding will be sent by the first week in September.
Robert C. Byrd Honors Scholarship Program:
What is it?
- This program awards financial assistance to students who demonstrate outstanding academic achievement in high school. Recipients are selected on the basis of class rank, grade point average, scores achieved on either the SAT or ACT assessments and other curricular, co-curricular, and extra-curricular activities.
Who is Eligible?
- The Robert C. Byrd Honors Scholarship are awarded equally across each of Ohio's congressional districts and are renewable for up to four years. Chartered Ohio high schools may nominate graduating seniors through the Ohio Department of Education. Students scoring highly on the General Education Development (GED) Test are also eligible to apply. The nomination period is announced annually and is from mid-March through the end of April.
How much aid is available?
- Each selected recipient may receive up to $1,500 each year for up to four years of undergraduate studies, contingent upon the continued funding by the federal government. The Robert C. Byrd Honors Scholarship program is a wholly federally-funded program.
- For more information on this scholarship, visit the Ohio Department of Education at http://education.ohio.gov/GD/Templates/Pages/ODE/ODEDefaultPage.aspx?page=1
Federal Perkins Loan:
This loan funding is limited. This federally appropriated fund is designed to assist needy students in meeting educational expenses. A 5 percent interest charge starts when the student begins repayment of the loan (nine) months after completing a degree program or withdrawing from college. Under this program, students pursuing certain occupational fields may be eligible for cancellation privileges.
Federal Direct Subsidized and Unsubsidized Loans:
Low-interest loans for students and parents are available through the William D. Ford Federal Direct Student Loan Program. Students must be enrolled at least half-time.
The Federal Direct Student Loan maximum eligibility for undergraduate dependent students is $23,000, over the course of their academic career. Additional eligibility for independent students under the unsubsidized loan program is $31,000.
Federal Direct PLUS Loans:
Loans that parents can borrow for students to use to meet their cost of education. Eligibility for PLUS Loans are limited to cost of attendance minus other financial aid. Applicants must complete a Parent PLUS Loan Information Sheet. PLUS loan applicants are submitted for credit review. Applicants with adverse credit history will be denied. These applications are available in the Financial Aid Office or can be submitted online through our website (please click on the Finanacial Aid Link on the left).
Alternative Student Loans: Students sometimes need extra money to meet the cost of education. For these students there are several alternative student loan options available. These loans are not guaranteed loans and often require a co-signer, and may require school certification. Interest starts accruing on alternative loans upon the first disbursement. Repayment starts either 6 months after graduation, or on the date the student leaves the institution. The Financial Aid Office can provide more information on alternative loans.
Federal Work-Study: The Federal Work-Study program is a federally funded program that is designed to assist needy students by giving them opportunities to earn money to pay for their college expenses. Students average no more than 20 hours of work per week. There are several job opportunities available on campus and limited opportunities for off-campus Federal Work-Study positions. The student must demonstrate financial need as determined from the Free Application for Federal Student Aid (FAFSA) (www.fafsa.ed.gov). Students need to apply by the priority filing date of March 15th each year.
University of Rio Grande and Rio Grande Community College offers academic and athletic scholarships to new and returning students. These scholarships are generously funded by the institution and our many private endowments. The Financial Aid Office awards academic scholarships based on merit and the Athletic Department awards performance-based scholarships. All institutional scholarships are non-refundable.