These are some types of aid you may be eligible to receive in your financial aid package:
- Federal Pell Grant: Awards are based on the Expected Family Contribution (EFC). Amounts range from $400 to $4050 for 2006-2007.
- Federal Supplemental Education Opportunity Grant (SEOG): Priority is given to students with the lower EFC. Amounts range from $200 to $4000.
- State Grant Program: Awards are typically based upon EFC. You should contact your state for information on deadlines and availability.
- Federal Work-Study Program: Eligible students are employed by the College through the Work-Study program. Money earned through this program is to be used to help defray educational costs.
- Federal Perkins Loan: At Thomas, this loan is typically awarded to eligible freshmen and sophomore resident students.
- Direct Stafford Loan: Loan amounts are based upon grade level - Grade Level I: $2625; Grade Level II: $3500; Grade Level III: $5500; Grade Level IV: $5500. Federal need will determine if the loan is Subsidized or Unsubsidized.
- Outside Scholarships: Generally, outside scholarships are used to fill unmet need. If there is no remaining unmet need, financial aid may be adjusted. All outside scholarships must be reported to the SFS Office.
- Thomas College Grants: Thomas Grants are need-based and are used to supplement federal and state financial aid.
- Thomas College Merit Scholarships: Thomas offers first time students academic based scholarships.
- Other Institutional Scholarships: Current students may be eligible for scholarships based on academic merit and financial need.
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