Federal Pell Grant
Federal Pell Grants usually are awarded to undergraduate students who display exceptional financial need and have not earned a bachelor’s, graduate, or professional degree. Presently, Standard College does not participate in the Second Chance Pell experiment, which means, a student is not eligible to receive a Federal Pell Grant if he/she has been incarcerated in a federal or state penal institution or subject to an involuntary civil commitment upon completion of a period of incarceration for a forcible or nonforcible sexual offense.
The Pell Grant amounts can change yearly. The amount you will receive depends on your Expected Family Contribution, the cost of attendance (determined by your school for your specific program), your status as a full-time or part-time student, and your plans to attend school for a full academic year or less.
Direct Subsidized Loan
Direct Subsidized Loans are loans made to eligible undergraduate students who demonstrate financial need to help cover the costs of higher education at a college or career school.
The Unsubsidized Federal Direct Loan
Direct Unsubsidized Loans are loans made to eligible undergraduate, graduate, and professional students. Eligibility is not based on financial need.
Direct PLUS Loans
Direct PLUS Loans are loans made to graduate or professional students and parents of dependent undergraduate students to help pay for education expenses not covered by other financial aid. Eligibility is not based on financial need, but a credit check is required. Borrowers who have an adverse credit history must meet additional requirements to qualify.
