Federal Pell Grant (FPELL)

Gift assistance for students with exceptional financial need

Yes

Up to $4731

No

Federal Supplemental Educational Opportunity Grant (FSEOG)

Gift assistance for students who demonstrate exceptional financial need. Priority is given to Pell Grant recipients.

Yes

$100 - 2600

No

FFEL Stafford Subsidized Loan (Government pays accruing interest while you are in school). Variable interest rate capped at 8.25%

Loans made to students who demonstrate financial need.

Yes

Up to $3500 1st year

$4500
2nd year

Yes

FFEL Stafford Unsubsidized Loan (Student pays accruing interest while you are in school). Variable interest rate capped at 8.25%

Loans made to students regardless of financial need.

No

Up to $3500 1st year

$4500
2nd year

Yes

Plus Loans (For parents of dependent students). Variable interest rate capped at 9%

A loan available to parents to pay the educational expenses of their child.

No

Cost of Attendance

Yes

Federal Work-Study (FWS)

A work program provided to help students meet their college expenses.

Yes

$1000-6000

No

STATE PROGRAMS (Michigan Residents Only)

Michigan Education Opportunity Grant (MEOG)

State grant program based on financial need

Yes

$100 - 600

No

Michigan Competitive Scholarship (MCS)

A grant offered by the state to students with need and a composite score of 23 or above on the ACT test.

Yes

$100 - 1300

No

Michigan Adult Part-time Grant (MAPTG)

Grant Available to independent students taking 3-11 credits

Yes

$100 - 600

No

Michigan Work-Study (MWS)

A work program which allows student to earn money towards expenses

Yes

$1000-6000

No

Michigan Tuition Incentive Program (TIP)

For students whose families have received Medicaid from the Department of Human Services (DHS). Must apply before graduation from high school or before receiving GED

Yes

Full In-District Tuition and Required Fees

No

Michigan Education Savings Program (MESP)

For more information call (877) 861-6377 or visit the Web site at www.misaves.com

This program, offered through the Michigan Department of Treasury, provides families a flexible way to save for their children's education, at any qualified institution, by offering a choice of investment options, tax advantages, and low start-up costs

No

Max varies

No