Once your application is complete, the Financial Aid Office will coordinate your financial aid package which may include a combination of grants and/or self-help (loans and employment). Click here to view Financial Aid Resource Publications from the U.S. Department of Education. The following is a list of federal student aid sources:
Federal Pell Grant Program (website)
This is for undergraduate students seeking a first baccalaureate degree. The U.S. Department of Education determines award eligibility. Application deadline is June 30th of each year.
| TITLE IV PELL GRANT & ARCHITECTURE 5000-LEVEL COURSES (ONLY) |
| The FAU School of Architecture (College of Architecture, Urban and Public Affairs) offers a five-year, first professional Bachelor of Architecture degree. The fifth year, or “Thesis Phase,” includes some required 5000-level courses, which are FAU’s graduate-level courses. While Title IV Pell Grant funds only cover undergraduate courses, the Architecture program is classified as an undergraduate program. Since it includes one more year than the typical Bachelor programs, the 5000-level courses in this context are covered by the Title IV Pell Grant funds. Please refer to Degree requirements by clicking on the link provided: http://www.fau.edu/divdept/caupa/arch/barch/degree.html. |
Federal Supplemental Educational Opportunity Grant Program (FSEOG) (FSEOG website)
This is for first baccalaureate degree students enrolled at least half-time who demonstrate exceptional financial need. Funds are limited and awards are made based on the priority consideration deadline.
ACG and SMART Grants (website, ACG fact sheet)
These grants will encourage students to take more challenging courses in high school — making success in college more likely, according to research — and to pursue college majors in high demand in the global economy, such as science, mathematics, technology, engineering and critical foreign languages. Click on website link above for more details. Students may determine their eligibility at http://federalstudentaid.ed.gov.
Federal Perkins Loan Program (website)
This is for undergraduate and graduate students enrolled at least half-time. Repayment of principal and 5% interest begins six months after the student graduates, withdraws, or drops below half-time enrollment. Funds are limited and awards are made based on the priority consideration deadline.
Federal Stafford Loans (website)
These are available to undergraduate and graduate students who enroll at least half-time. Loans are made by lending institutions and insured by guarantee agencies. Subsidized Federal Stafford Loans are awarded to students demonstrating financial need. Students are not responsible for interest accrued on Subsidized Stafford Loans while in school. Unsubsidized Federal Stafford Loans are awarded to students who do not qualify for the Subsidized Stafford Loan or do qualify and are still in need of additional funding. Students are responsible for interest accrued on Unsubsidized Stafford Loans while in school. Annual Stafford borrowing limits for dependent undergraduate students are $2,625 for freshmen, $3,500 for sophomores, and $5,500 for undergraduate students beyond Sophomore standing. Independent undergraduate students may borrow additional unsubsidized loans beyond the above stated limits (additional amount depends on academic standing). Graduate students may borrow up to $18,500 per year in the Stafford Loan Program, of which up to $8,500 may be subsidized. Repayment of principal and accrued interest begins six months after the student graduates, withdraws, or drops below half time enrollment. (NOTE: For a list of Florida Atlantic University's Stafford Loan lenders, please click here).
Seniors in their Final Semester: When an undergraduate borrower’s remaining period of study is shorter than a full academic year, the Stafford Loan must be prorated based on enrollment. Failure to notify the Student Financial Aid Office prior to the beginning of your final semester may result in immediate repayment of a portion of your Stafford Loan. Students who owe a balance to FAU will not receive their diplomas.
Federal PLUS Loan (website)
This is for parents of dependent students who want to borrow. Maximum eligibility is equal to cost of education minus other aid. Variable interest rate is not subsidized. Repayment of principal and interest begins within 60 days of the disbursement of the loan. Parents may be eligible to defer repayment until student graduates. In order to receive a PLUS Loan, students must first file a free application for Federal Student Aid (FAFSA) . Additionally, please read the PLUS Processing Instructions form needs to be completed accordingly. (NOTE: For a list of Florida Atlantic University's PLUS Loan lenders, please click here).
Federal Work Study Program (FWSP website)
This program awards up to 20 work hours per week for undergraduate and graduate students. Pay checks are disbursed biweekly to the Department in which the student is employed. Funds are limited and awards are made based on the priority consideration deadline. Community Service positions are also available in the America Reads and America Counts Programs. All Work Study recipients must check in with the Student Employment Office for initial placement or before returning to a previously assigned Department (NOTE: For more student employment information, please click here).
