Types of Aid Available
Types of Aid Available
Pell grant is the foundation of a financial aid package and is awarded to eligible undergraduate students who have not yet received a baccalaureate degree. Students must complete the FAFSA in order to determine eligibility. Students must be enrolled in classes applicable to their degree and meet satisfactory progress requirements. A student may only receive a Pell grant for six full-time equivalent years.
SEOG is awarded on a first-come, first-served basis to students with exceptional financial need and have the lowest expected family contribution.
Awarded to students who have financial need established by federal methodology. Students must be enrolled in six credits applicable to their chosen degree.
Awarded to students who have a financial need established by the federal methodology. Students must be enrolled in six credits applicable to their chosen degree.
Institutional funds made available to Nevada residents. A separate one-page application is required to receive this aid.
A need-based, state grant that is awarded to low-income students pursuing a college education. To be eligible, the student must:
- Be enrolled in at least 15 credits that apply to the student’s chosen degree.
- Be in college-level math and English (college-ready) based on placement or completion of entry-level, college-level mathematics and English.*
- Be classified as a Nevada resident.
- Meet institutional and Title IV financial aid satisfactory academic progress requirements.
- Complete the FAFSA and have an expected family contribution (EFC) of $8500 or less.
* To be considered college-ready for the purpose of SSOG Program eligibility, a student must be:
- currently or previously enrolled in a 100- or above-level mathematics and English course.
- placed into a college-level course under institutional placement policies for placement into at least Math 116 and English 101.
- previously successfully completed remedial coursework (evident by a C or better in Math 96 and/or English 95).
These are low-interest need and non-need based loans. Students are required to repay all student loan funds received regardless of whether they completed their degree, found a job in their field of study, or experienced financial difficulty.
You must be enrolled in six credits applicable to your degree and meet satisfactory progress requirements to qualify for a student loan. Repayment begins six months after the student graduates, leaves school, or drops below six credits. All loans are assessed a loan fee which will be deducted from the loan before the borrower receives any loan funds.
- The subsidized portion is need based. The federal government pays the interest on this portion while the student is enrolled in at least six credits.
- The unsubsidized portion is non-need based. Interest accrues from the date the loan is disbursed. The student is responsible for this amount and may pay this interest as it accrues. If not paid, the accumulated interest will capitalize when the loan goes into repayment.
| Class Standing | Credits Earned | Base Eligibility | Additional Unsubsidized Eligibility |
|---|---|---|---|
| Freshman | 0-29 | $3,500 | $6,000 ($2,000 Dependent Students |
| Sophomore | 30 or more | $4,500 | $6,000 ($2,000 Dependent Students |
| Junior/Senior | 60 or more | $5,500 | $7,000 ($2,000 Dependent Students |
Independent students: $57,500 (of which no more than $23,000 can be subsidized)
The PLUS is a non-need loan for the parent of a dependent student. Approval is based upon the creditworthiness of the parent. Interest begins to accrue from the date the loan is disbursed. Parents can apply online at studentaid.gov/. Should the parents be denied, a proof of denial must be submitted to allow a dependent student to apply for additional unsubsidized Stafford loan funding.