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Student Aid Program
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Type of Aid
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Program Details
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Annual Award Limits
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How to Apply
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Federal PELL Grant
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Grant: does not have to be repaid.
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Available almost exclusively to undergraduates; all eligible students will receive the Federal PELL Grant amount they qualify for.
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$652 to $6,095
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Complete the FAFSA. Expected Family Contribution (EFC) must be $5,486 or below.
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Federal Supplemental Educational Opportunity Grant (FSEOG)
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Grant: does not have to be repaid.
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For undergraduates with exceptional financial need; priority is given to Federal PELL Grant recipients; funds depend on availability at school.
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$100 to $4,000
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Complete the FAFSA. Early application is critical.
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Federal TEACH Grant
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For undergraduate and graduate students, who are in an eligible major, and meet the academic criteria. There is a service obligation tied to the receipt of this grant. If the service requirement is not met, the grant turns into an unsubsidized loan. More information can be found online at http://home.fredonia.edu/finaid.
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$467.00 - $3,736 for TEACH grants disbursed prior to Oct. 1, 2017; After Oct. 1, 2017, the amount will be adjusted.
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Complete the FAFSA. Must be in eligible major and meet the academic criteria.
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Tuition Assistance Program (TAP)
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Grant: does not have to be repaid.
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Awards are based on New York State net taxable income and tuition charges. Students can receive TAP for eight semesters.
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$500 to $5,165
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Complete the FAFSA and TAP application. Student must be full-time, taking coursework applicable to their program of study.
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SUNY Tuition Credit (SUNYTC)
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Tuition credit
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Award based on student's New York State TAP award as determined by NYSHESC.
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$145 to $1,895
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Complete the FAFSA and TAP application.
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Aid for Part-Time Study (APTS)
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Grant: does not have to be repaid.
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For undergraduate students who satisfy eligibility criteria.
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$834 to $2,000
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Complete the FAFSA and the SUNY Fredonia APTS application.
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Part-Time TAP (PTAP)
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Grant: does not have to be repaid.
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Must meet income guidelines as set by NYS, be enrolled between 6-11.5 hours and have earned 12 credits in each of the two consecutive semesters.
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Dollar amount dependent on TAP award and credit hours enrolled.
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Complete the FAFSA and the TAP application.
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Federal Work Study
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Money is earned while attending school; does not have to be repaid.
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For undergraduate students; jobs can be on campus or off campus; students are paid at least NYS minimum wage.
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Complete the FAFSA. Early application is critical.
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Subsidized Direct Stafford Loan
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Loan: must be repaid Interest Rate: fixed 5.05% for undergraduate students only.
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Subsidized: No interest is accrued while borrower is in school and during grace and deferment periods; you must be at least a half-time student.
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Freshman: $3,500,
Sophomore: $4,500, Junior/Senior: $5,500.
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Complete the FAFSA. Students must have unmet need.
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Unsubsidized Direct Stafford Loan
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Loan: must be repaid Interest Rate: fixed 5.05% for undergraduate students; fixed 6.60% for graduate students.
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Unsubsidized: Borrower is responsible for interest during the life of the loan; you must be at least a half-time student; financial need is not a requirement.
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Freshman: $5,500, Sophomore: $6,500,
Junior/Senior: $7,500,
Graduate: $20,500 (includes any subsidized amounts for the same period).
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Complete the FAFSA.
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Direct PLUS Loan
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Loan: must be repaid Interest Rate: fixed 7.60%.
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Available to parents of dependent undergraduate students who are enrolled at least half-time.
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Maximum amount is cost of attendance minus any other financial aid the student receives.
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Go to http://home.fredonia.edu/finaid/federal-direct-plus-loan-program. Apply online.
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Grad PLUS Loan
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Loan: Must be repaid Interest rate: fixed 7.60%.
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Available to graduate students who are enrolled at least half-time.
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Maximum amount is cost of attendance minus any other financial aid the student receives.
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Go to
http://home.fredonia.edu/finaid/federal-direct-graduate-plus-loan. Apply online.
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Private Loan
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Loan: must be repaid. Interest Rate: based on Prime or LIBOR and a credit check performed by the lender. The interest rates for these private loans may be significantly higher than the interest rates associated with federal loans.
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Borrowers will be evaluated on credit history, debt to income ratio, and work history. A student can be approved when applying alone but will typically require a co-borrower.
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Maximum amount is cost of attendance minus any other financial aid the student receives.
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Go to
http://home.fredonia.edu/finaid/alternative-loans. Apply online. Filing a FAFSA is not required to receive Private Loan funds. However, you must contact the Financial Aid Office if you wish to waive your right to federal aid.
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Parent Private Loan
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Loan: must be repaid. Interest Rate: based on Prime or LIBOR, a credit check performed by the lender, and the repayment term.
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Borrowers will be evaluated on credit history, debt to income ratio, and work history.
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If loan requires school certification, the maximum amount is the cost of attendance minus any other financial aid the student receives.
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Go to
http://home.fredonia.edu/finaid/alternative-loans for more information. Apply online through the lender. Filing a FAFSA is not required to receive Private Loan funds. However, you must contact the Financial Aid Office if you wish to waive your right to federal aid.
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Scholarships
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Refer to
Scholarship section.
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NYS Excelsior Scholarship
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Scholarship
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For 2018-2019, 2016 Federal Household adjusted gross income must be less than $110,000
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An Excelsior Scholarship recipient can receive up to $5,500 from the Excelsior Scholarship, minus any amounts received for TAP, Pell or other scholarships. The remainder of your tuition charge will be covered through a tuition credit paid through SUNY or CUNY.
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Complete the FAFSA and TAP applications first, and then complete Excelsior application. Visit hesc.ny.gov for more information.
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