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Federal Student Aid

Eagle Gate College participates in the following federal financial aid programs:

  • Student Eligibility

    To be eligible for Federal Student Aid, you must:

    • Be enrolled as a regular student in an eligible program of study on at least a half-time basis (with the exception of Pell and FSEOG awards);
    • Have a high school diploma or the equivalent;
    • Be a U.S. citizen or national, or an eligible non-citizen. Verification of eligible non-citizen status may be required;
    • Have financial need (except for some loan programs) as determined by a need analysis system approved by the Department of Education;
    • Maintain satisfactory academic progress;
    • Provide required documentation for the verification process and determination of dependency status;
    • Have a valid social security number;
    • Not owe a refund on a Pell Grant, FSEOG, or state grant previously received from any college;
    • Not be in default on a Federal Perkins Loan (formerly NDSL), PLUS, SLS, Stafford Loan (formerly GSL), or an Income Contingent Loan previously received from any college;
    • Not have borrowed in excess of the annual aggregate loan limits for the Title IV financial aid programs;
    • Not have a federal or state drug conviction if the offense occurred during a period of enrollment for which the student was receiving Title IV aid;
    • Be registered for the Selective Service, if a male born after December 31, 1959.

    Download the Printable Financial Services Resource Guide

  • Federal Pell Grant Program
    The Federal Pell Grant program is designed to guarantee low and middle-income students, who are eligible for aid, financial access to the college of their choice. For eligible students, Federal Pell Grants are intended to be the “floor” or the base upon which eligibility for all other aid is determined. Federal grants do not need to be repaid.
  • Federal Supplemental Education Opportunity Grant
    The FSEOG award is available to students with exceptional need and gives priority to Federal Pell Grant recipients. In determining student eligibility, the College will base the selection on procedures designed to make FSEOG awards to those students with the lowest expected family contribution (EFC) who will also receive Federal Pell Grant in that award year.

    The amount of the grant and the number of students who may receive this grant depends on the availability of annual funds from the U.S. Department of Education.

  • Federal Work Study
    The FWS Program provides part-time employment to students who need the earnings to defray the cost of their education. Students may work on or off campus for a qualified public, private, or community services organization.

    Application for the FWS program may be made through Financial Services. Student eligibility is based on financial need and the availability of annual funds. The College will attempt to place students in jobs related to their program of study, and work schedules will be arranged according to class schedules.

    • Attendance at school is a prerequisite for keeping a work-study job.
    • Students are normally permitted to work up to 20 hours a week when classes are in session and up to 40 hours during vacation and between quarters.
    • Students must be in good academic standing while employed under the program.
    • Students may not earn more than the authorized amount indicated on the student award letter.
    • Students are expected to dress and conduct themselves in a professional manner and to deliver a full measure of work for the time they are employed.
    • The amount of the award and the number of students who may receive this award depends on the availability of annual funds from the U.S. Department of Education.
  • Federal Subsidized Stafford Loans
    The student secures a Federal Stafford Loan from a bank, savings and loan association, or other lending institution. Effective July 1, 2006, the loan carries a fixed interest rate, with an 8.25% cap. Repayment begins six months from the date the student leaves college or falls below half-time status (< 6 credits). The loan may be repaid in payments of not less than $50 per month through the repayment period. To apply, complete a loan application, which can be obtained from the lender or Financial Services.
  • Federal Unsubsidized Stafford Loans
    Effective October 1, 1992, students who are not eligible for a Federal Subsidized Stafford Loan due to their income, or who are independent students, may now borrow a Federal Unsubsidized Stafford Loan. Unlike the Federal Subsidized Stafford Loan, the federal government will not pay the interest on the loan while the student is in school. However, the Federal Unsubsidized Stafford Loan will carry the same deferments and interest rate as the Federal Subsidized Stafford Loan. The interest may be paid monthly, quarterly, or may accrue and capitalize.
  • Federal Parent Loans for Undergraduate Students
    The parent of dependant students may borrow a credit-based Federal PLUS loan. There is no annual limit on a PLUS loan, but it may not exceed the student’s cost of attendance. The Federal PLUS Loan carries a fixed interest rate, with a 9.0% cap. There is no aggregate limit for this loan and payments are to be made while the student is in college.
  • Military Grants

    The Military Grant program is available exclusively to qualifying service members and their immediate family members. Immediate family members (dependent children as defined by the Department of Education or spouse) of a service member may be eligible. An individual may not receive dual benefits. This institutional grant is made available by the College through funds appropriated in the operational budget and approved by the executive committee. The applicant must provide documentation distinguishing the type of eligible service as well as an honorable standing or discharge. Valid documents include a Form DD-214 or a Statement of Service along with a valid Military ID. Individual disbursements will be scheduled in even amounts throughout the length of the program and will be applied to tuition, books, and fees. The institution may not award a stipend to any grant recipient and reserves the right to reduce the grant award amount based upon the financial need of each individual student. For the purposes of this grant, financial need is calculated by subtracting the total direct institutional costs from all other available aid. Students requesting additional loans for personal use and expenses may not be eligible to receive this grant. Eligible recipients may not receive other sources of institutional aid. A student is required to maintain Satisfactory Academic Progress as required for federal student aid and as defined by the College SAP policy in order to continue receiving additional aid. Grant amounts are:

      Associate Degree Program Bachelor’s Degree Program
    Active Duty $2,000 $4,000
    Veterans $1,500 $3,000
    Dependent $1,000 $2,000
  • Veterans Administration Benefits
    Students who may be eligible for education benefits should contact the Financial Services Department. The State Approving Agency has approved the education of veterans and other eligible persons at Eagle Gate College in accordance with Title 38, U.S. Code, Section 3675 for accredited programs.