Federal Financial Aid

To be considered for Federal financial aid, you must first complete the FAFSA and submit all requested documentation to the Financial Aid & Scholarships office. To be eligible, applicants must meet all general Federal aid eligibility requirements.

Name of Aid Type of Aid College Expenses Covered Annual Limits Special Requirements
Federal Pell Grant Grant Tuition, fees, books, educational expenses $5,730; award amount based on need determined by EFC

*Subject to lifetime limits
• Cannot have a Bachelor's or other advanced degree
Federal Supplemental Educational Opportunity Grant (FSEOG) Grant Tuition, fees, books, educational expenses $600; limits based on availability of funds • Cannot have a Bachelor's or other advanced degree

• Must have unmet financial need
Federal College Work Study (FWS) Work Educational expenses Award amount is based on student’s need • Enroll in at least six credit hours

• Must have unmet financial need
Federal Direct Loan Loan Tuition, fees, books, educational expenses Dependent:
First year: $5,500—no more than $3,500 may be in subsidized loans;
Second year: $6,500 with no more than $4,500 in subsidized loans.

Independent:
First year: $9,500—no more than $3,500 may be in subsidized loans;
Second year: $10,500 with no more than $4,500 in subsidized loans.

Actual award amounts based on student’s Cost of Attendance and EFC.
• Enroll in at least six credit hours

• Complete online Entrance Counseling

• Complete online Master Promissory Note

• **Subject to lifetime limits

• Students interested in borrowing the full amount are required to attend a loan counseling session

• All loans must be repaid
Federal PLUS Loan Loan Tuition, fees, books, educational expenses Parents (of dependent students) may borrow up to the Cost of Attendance less any other aid and any other aid • Student must enroll in at least six credit hours

• Parent must complete PLUS Loan application and PLUS Master Promissory Note

• Dependent students whose parents are unable to obtain a PLUS Loan may be eligible for additional Direct Loan amounts

• All loans must be repaid

*A student can receive the Federal Pell Grant up to 12 full-time semesters (or the equivalent)

**Lifetime Direct Loan Limits: Dependent students can borrow $31,000 with no more than $23,000 in subsidized loans; Independent students can borrower $57,500 with no more than $23,000 in subsidized loans.

***Dependent students whose parents are unable to obtain a PLUS Loan may be eligible for additional Stafford loan amounts

All students using Federal aid are subject to Federal aid guidelines. The most up-to-date policies are available at www.sinclair.edu/services/finaid.

All Federal loans must be repaid. Repayment of student loans begins 6 months after a student's enrollment drops below six credit hours, graduation and withdrawing from courses. Additional information regarding loan repayment and required exit counseling is available at www.sinclair.edu/services/finaid.

Important Note: Financial aid received at another institution may affect the amount of aid a student is eligible for at Sinclair, and it is the responsibility of the student to only accept aid for which he or she is eligible with regard to annual limits. Students should contact the Financial Aid & Scholarships office with any questions concerning aid amounts and eligibility.