Federal and State Aid
Federal and State Aid is provided by the Federal or State Governments and is subject to eligibility, restrictions, and when applicable repayment.
Eligibility for Federal Aid is determined through the completion of the FAFSA
$7,395 PELL GRANT
The Federal Pell program was authorized by the federal government in 1972. This program provides for the payment of awards to students based on financial need.
$750 SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT
Federal Supplemental Educational Opportunity Grants (FSEOG) are available to students with financial need as determined by the Need Analysis System. FSEOG will be awarded to students who have a high need and Federal Pell Grant eligibility.
SUBSIDIZED LOAN
Subsidized loans are federal student loans offered by the U.S. Department of Education to help eligible students cover the cost of higher education. A student may borrow up to $3,500 for a freshman; $4,500 for a sophomore, and $5,500 for juniors and seniors. Eligibility is determined through the completion of the FASFA. The federal government will pay the interest until the student graduates, leaves school, or drops below half-time and his/her repayments on the loan begin. The repayment of these loans may be extended over ten years. The Central Christian College financial aid office can help determine eligibility.
Up to $3,500 KANSAS
COMPREHENSIVE GRANT
Residents of Kansas attending a Kansas private college may be eligible for up to $3,500 under the Kansas Comprehensive Grant (KCG) program. A FAFSA must be received by the Department of Education by April 1, listing one or more eligible colleges in the FAFSA.
UNSUBSIDIZED LOAN
Unsubsidized loans are federal student loans offered by the U.D. Department of Education to help eligible students cover the cost of higher education. Students can borrow up to $5,500 as a freshman; $6,500 as a sophomore, and $7,500 as a junior or senior. Any subsidized loan received is subtracted from the maximum amount. Any additional loan up to the maximum can then be taken as an unsubsidized loan. If the student does not qualify for a subsidized loan, the student may take the maximum amount in an unsubsidized loan. If the student received the full subsidized amount, the maximum would be $2,000 in unsubsidized.
With the unsubsidized loan, the student does not get the same interest subsidies as the Subsidized Federal Stafford Loan program. The student is responsible for the interest. Repayment obligations are the same as the Subsidized Federal Stafford Loan Program. Independent and dependent students whose parents were denied the Federal Parent Loan to Undergraduate Students (FPLUS) are eligible for additional amounts. The Central Christian College financial aid office can help determine eligibility.
