The Federal PELL Grant:

• Is considered the first source of student aid.
• Is transferable to another institution.
• Payment is not limited to the available funds at a school.
• Award amount varies from $400 to $5,350.
• Actual award is based on estimated family contribution (EFC), cost of attendance, number of credits student is taking. Less than half time students may be eligible.
• Must not have a previous bachelor's degree.
• Must be degree seeking.

To participate in the FSEOG Program, students:

• Must be eligible for the FPELL Grant.
• Must attend Coppin at least half time.
• Must not have a previous bachelor's degree.
• Must be degree seeking.

Maximum amount of FSEOG award is $2000 depending on unmeet need and availability of funds.

Student must:

• receive a Pell grant in the same award year.
• be enrolled at least half time in an associate’s, bachelor’s, or combined undergraduate/graduate (if it includes at least three years of undergraduate education) degree program, in a two-year program acceptable for full credit toward a bachelor’s degree, or in a one- or two-year certificate program.
• be enrolled in the first or second year of a program of study at an eligible two-year or four-year degree-granting institution.
• have successfully completed a rigorous secondary school pro¬gram of study and graduated after January 1, 2006, for first-year stu¬dents and after January 1, 2005, for second-year students.
• if first-year students, not have been enrolled previously as regular students in an ACG-eligible college program when they were still in high school, or if they were in such a program, the courses must have been part of their high school program as well.
• if second-year students, have successfully completed their first year and have a cumulative GPA* of at least 3.0 on a 4.0 scale.

• receive a Pell grant in the same award year.
• be enrolled at least half time in a bachelor’s or combined un-dergraduate/graduate (if it includes at least three years of undergradu¬ate education) degree program.
• be enrolled in the third, fourth, or fifth (for programs that require a fifth year)* year of their program of study at an eligible four-year degree-granting institution.
• have successfully completed the previous year.

• Complete the Free Application for Federal Student Aid (FAFSASM), although you do not have to demonstrate financial need.
• Be a U.S. citizen or eligible noncitizen.
• Be enrolled as an undergraduate, post baccalaureate, or graduate student in a postsecondary institution that has chosen to participate in the TEACH Grant Program.
• Be enrolled in course work that is necessary to begin a career in teaching or plan to complete such course work. Such course work may include subject area courses (e.g., math courses for a student who intends to be a math teacher).
• Meet certain academic achievement requirements (generally, scoring above the 75th percentile on a college admissions test or maintaining a cumulative GPA of at least 3.25).
• Sign a TEACH Grant Agreement to Serve.
  Grant amounts up to $4,000 per year

To participate in the FWS Program, students:

• Must be employed at a designated campus, off-campus, or community service site to earn the FWS award.
• Can work a maximum of twenty hours per week during the fall and spring semesters.
• Can work a minimum of forty hours per week during the summer.
• Must not work during the hours he or she is scheduled to attend classes.
• Must show financial need to receive this type of aid.
• Earning cannot exceed the FWS award amount.
• Student must be degree seeking.

The amount of pay varies but will be at least the minimum wage.

• Funds are borrowed from and repaid to Coppin State University.
• Low interest Rate: (5%).
• Repayment begins nine months (grace period) after a student ceases to be enrolled on at least a half time bases.
• Students must show financial need to receive this loan.
• Student must be degree seeking.
• Must attend at least half-time.
• No interest accumulates until the end of the grace period.
• A maximum ten-year repayment period is allowed.
• Minimum monthly payment is $40 per month.
• Maximum award of $1500 per year.
• Minimum monthly payment is $50 per month.

For loan deferment and cancellation information, please refer to your promissory note or contact Mrs. Tajina Williams at (410) 951-3686. Students who are offered and accept funds in this loan program must sign promissory notes. They must also complete exit counseling sessions.

• Money is borrowed directly from the U.S. Department of Education through Coppin State University.
• Interest rate is variable.
• Student must be degree seeking.
• Student must be attending at least half-time (Undergraduate = 6 credits; Graduate = 5 credits)
• Amount and type of the award depends on the student's academic grade level and financial aid received respectfully.

Additional help is available through: Loan Entrance Interview Counseling

• Federal Direct Subsidized Loan (Need Based)

  Federal Government pays the interest on these loans while you are attending school at least halftime, during grace periods, and deferments. Student must demonstrate financial need to receive this type of loan. (First time Coppin borrowers must attend an entrance interview session. Students graduating, withdrawing or falling below half time status must attend an exit interview session. Student must sign a promissory note.) Repayment begins six months after student ceases to attend at least half time.

• Federal Direct Unsubsidized Loan (Non-need Based)

  Federal Government does not pay interest on these loans while you are attending school, during grace periods and deferments. Student does not have to show financial need. Loan amount can not exceed the cost of attendance. (First time borrowers must attend an entrance interview session. Students graduating, withdrawing, or failing below half-time status must attend an exit interview session. Student must sign a promissory note.) Repayment begins 30 days after receipt of the loan unless you receive a deferment. If you receive a deferment, the interest will be capitalized (added to the principal amount of your loan and additional interest will be based upon the higher amount).

• Federal Direct Parent Loan for Undergraduate Students (PLUS)

  Parents borrow funds to help meet their dependent student's educational expenses. Parents must have a good credit history. A student does not have to demonstrate financial need. Parents borrow up to the cost of attendance minus estimated financial aid. A parent and dependent student must sign a promissory note. Repayment begins within sixty day after disbursement.

Plus Loan Qualifications:

• Plus Loan applicants do not need to complete the FAFSA.
• Must be Parent or Stepparent of a dependent student.
• Student must be enrolled as a degree seeking student.
• Student must be attending at least half time.
• Student must be in good academic standing.
• Parent may borrow up to student budget minus any estimated financial aid.
• Plus Loan and aid may not exceed the student's budget.

To Apply for Plus Loan