Other than BOG Waiver, FSFSA (Free Application for Federal Student Aid) is the other way to get your financial aid, you must provide tax information. The deadline for Priority Application is March 2. However, students can apply year-round.
The amount of aid you will receive depends upon your family’s situation. The maximum Pell Grant would be $4,731 per year. The maximum Subsidized Stafford Loan for a first year student is $3,500. Work-study allocations usually begin at $3,500 per year.
You have to complete a certain number of units with a minimum GPA of at least 2.0. In addition, you need to maintain an overall completion rate of at least 67% and an overall GPA of at least 2.0. to continue to receive the FSFSA.
Provided that you maintain satisfactory academic progress, you can receive Federal Financial Aid until you exceed 150% of the published length of an eligible program. You will have to reapply for Federal Financial Aid every year.
Financial aid administrators may make adjustments to a student’s FAFSA information on a case-by-case basis:
- Loss or reduction in income
- Child support
- Financial responsibility for elderly grandparents
- Extensive medical or dental expenses not covered by insurance
Normally you can apply both BOG Waiver (Board of Governors Enrollment Fee Waiver) and FSFSA(Free Application for Federal Student Aid) as long as you are qualified.