This grant does not have to be repaid. It is awarded to undergraduate students who have not yet earned a bachelor's degree. The amount awarded is based on need as determined by the EFC. The maximum grant will be up to $5,730 for the 2014-2015 academic year.
This grant does not have to be repaid. It is for undergraduates with exceptional financial need as determined by the FAFSA. Amount varies yearly. Very limited funding is available.
This program provides jobs for undergraduate and graduate students with financial need. Limited funding is available.
This loan program enables students to obtain long-term, low-interest loans to help pay for their educational expenses. Any student with financial need who is enrolled at least half time and who is a citizen or an eligible non-citizen may apply. Applicants must maintain satisfactory academic progress. A student must complete the FAFSA prior to applying for Direct Loans. Repayment begins 6 months after a student ceases to attend or falls below half-time enrollment.
Direct Loans are either subsidized or unsubsidized. Subsidized loans are awarded based on financial need. The government pays interest on the loan until repayment begins and during periods of deferment. An unsubsidized loan is not awarded based on need, and interest is charged from the time the loan is disbursed until it is paid in full.
More information on the Direct Loan Program can be found at www.direct.ed.gov.
The parents of a dependent* undergraduate student can apply for a low-interest PLUS loan to help the student pay for educationally related expenses. The PLUS loan is subject to credit approval. Students whose parents are denied a PLUS loan may be eligible for additional unsubsidized Direct loan funds.
*The federal government determines dependency status when a student completes the Free Application for Federal Student Aid (FAFSA)
More information on the PLUS Direct loan program can be found at www.direct.ed.gov/parent.html.
The following programs are for specifically for Wisconsin Residents. Students are required to complete the Free Application for Federal Student Aid (FAFSA). Program funding may be limited.
Previously called Wisconsin Tuition Grant, the renamed Wisconsin Grant is a need-based state grant available for eligible Wisconsin resident undergraduates pursuing a first bachelor’s degree. The maximum Tuition Grant will be $2900 for the 2014-2015 academic year. Eligibility cannot exceed ten semesters.
TIP is a state grant designed for very low income students/and or students who traditionally might not attend college. The student must hold freshman status to receive the grant initially. The maximum grant is $1800 per year for first year students, and up to $1800 annually for subsequent years. Wisconsin residency is required. To continue to receive the TIP Grant, students must be enrolled for consecutive terms and continue to show financial need. Eligibility cannot exceed ten semesters.
This is a state grant for students of African American, American Indian, Cambodian, Laotian, Vietnamese or Hispanic (including Puerto Rican and Cuban) heritage. The grant provides assistance to sophomore, junior, and senior minority students with financial need. Wisconsin residency is required.
This is a state grant for Wisconsin residents who are at least 25% Native American and are undergraduate or graduate students enrolled in degree or certificate programs. Awards are based on financial need with a limit of ten semesters of eligibility.
This is a state grant for Wisconsin residents who show financial need and have a severe or profound hearing or visual impairment. Students are eligible to receive up to $1,800 per year for up to ten semesters. Please notify the financial aid department of your potential eligibility.
Academic Excellence Scholarships are awarded to Wisconsin high school seniors who have the highest grade point average in each public and private high school throughout the State of Wisconsin. The number of scholarships each high school is eligible for is based on total student enrollment. In order to receive a scholarship, a student must be enrolled on a full-time basis by September 30thof the academic year following the academic year in which he or she was designated as a scholar, at a participating institution in the state. The value of the scholarship is $2250 per year, to be applied towards tuition. Half of the scholarship is funded by the state, while the remaining half is matched by the institution. Eligibility cannot exceed eight semesters.
This is a state loan program that provides loans to Wisconsin resident undergraduates or graduate students who are enrolled at least half-time at an eligible in-state institution that prepares them to be licensed as nurses, either RN or LPN. The maximum award per year is $3,000 with an overall maximum of $15,000. A student who participates in this program must contractually agree to be employed as a licensed nurse in Wisconsin. For each of the first two years the student works as a nurse or nurse educator and meets the eligibility criteria, 25% of the loan is forgiven. The balance remaining after forgiveness must be repaid at an interest rate of 5%. If the student does not work as a nurse or nurse educator and meet the eligibility criteria, the total loan must be repaid at an interest rate of 5%. An applicant is required to complete the Free Application for Federal Student Aid (FAFSA). Contact the financial aid office for more information.
Alternative loans are an option for students who have exhausted all other avenues for funding. These loans are issued by private banks and are not subject to the same provisions as the federal direct lending program. Contact the financial aid office for more information.