Life University
ADMISSIONS & FINANCIAL AID
Federal Campus Based Aid

Federal Campus Based Aid is administered by Life University from a fixed amount of money that the Federal Government allots the University each year. The priority deadline date is March 1, 2008 for the school year 2008-2009 (effective July 1, 2008 to June 30, 2008). Campus based aid is awarded to students who meet the deadline dates and show the greatest need. Upon notification from the Department of Education, we will publish the new award amounts for the campus based programs. Students must be enrolled at least half time to qualify.

Federal Supplemental Educational Opportunity Grants
Federal Supplemental Educational Opportunity Grants (FSEOG) are available to undergraduate students only. The average award for the 2008-2009 award year is $1000/qtr. (Maximum $4000 per fiscal year). The FSEOG is a grant, and is not repaid.

Federal Work-Study
Federal Work-Study (FWS) allows undergraduate and graduate students to work up to 20 hours per week at jobs on and off campus. The average award is $750 per quarter.

Federal Perkins Loan
Federal Perkins Loans are 5% interest rate loans available to both undergraduate and graduate students. The 2007-2008 loans average $1000 per quarter for a maximum of $4000 per fiscal year. Repayment begins six or nine months after you cease at least half time enrollment.

 

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