Federal Loan Programs
IỊisaġvik College does not participate in the Federal Loan Programs.
Federal Pell Grant
The Federal Pell Grant is an entitlement program for undergraduates and based on financial need. Every undergraduate should apply for it by completing and submitting the Free Application for Federal Student Aid (FAFSA) to the Department of Education.
Once students have applied, the federal processor will respond by sending the applicant or the College a Student Aid Report (SAR) indicating whether they qualify for the grant.
Reminder: The limit to the total amount of Federal Pell Grants that a student may receive is the equivalent of six (6) school years or twelve (12) semesters. Once that limit has been reached, students can no longer receive Pell Grant aid.
FSEOG
The Federal Supplemental Educational Opportunity Grant (FSEOG) is a need-based program for recipients who are Federal Pell eligible. The amount of the FSEOG awards ranges from $200 to $2,000 at IỊisaġvik College. FSEOG awards are limited and are awarded (1) according to need and (2) first-come, first-serve basis. Students must have remaining need after the Federal Pell is applied to receive FSEOG funds (FSEOG funds may not cover all expenses).
Federal Work Study (FWS)
Federal Work Study is a need-based program to provide employment in the student’s area of educational interest, if at all possible. The Federal Work Study Program (FWS) allows a student to work 20 hours a week while classes are in session. A student receiving FWS funds may work 40 hours a week during vacation times and in the summer if FWS funds are available. A student does not have to be Federal Pell eligible; however, the student must have unmet needs to be considered for FWS funds. The College has positions both on and off campus for FWS recipients. Campus jobs are available to students enrolled for at least six credits and eligible for FWS.