Types of Federal, State and Institutional Grants
Apply for the following Grants by completing your FAFSA:
- Federal Pell Grant
Pell grants are generally reserved for students with high levels of need. Grants range from $600 to $5,730 per year and are available to undergraduates only.
- Federal Supplemental Educational Opportunity Grant (FSEOG)
FSEOG grants are for undergraduate students who demonstrate exceptional need. They range from $200 to $2,000 per year, with recipients of Federal Pell Grants receiving first consideration for these funds. FSEOG funds are limited and are awarded on a first come first serve basis.
- Federal Work-Study (“FWS”)
Undergraduate students with federal need may be eligible to earn up to $1,500 per year in either on-campus or off-campus employment. Wages vary by employer. Earnings are paid directly to the student each month as work is performed; therefore, FWS awards are not subtracted from charges in the Office of Financial and Accounting Services. FWS funds and work study positions are limited and are awarded on a first come first serve basis.
For more information about federal financial aid, visit the United State Department of Education's new web site: http://www.college.gov/.
- Federal Parent (PLUS) Loans
Federal PLUS Loans allow creditworthy parents of dependent undergraduate students to borrow up to the cost of attendance minus any other financial aid received. These loans are available through commercial lenders and are based on a borrower's credit history rather than financial need. As of July 1, 2013, there is a fixed interest rate of 6.41%. Repayment begins 60 days after final disbursement of the loan.
New Jersey Tuition Aid Grants (TAG)
Tuition Aid Grants (TAG) are funded by the state of New Jersey and are administered through the New Jersey Higher Education Student Assistance Authority (NJHESAA). TAG provides assistance to needy full-time Georgian Court University undergraduates who have been residents of New Jersey for at least twelve consecutive months prior to receiving the grant, and who have filed the FAFSA within state deadlines. Annual award amounts for 2013-14 range from approximately $1,922 to $11,958 annually. To be considered for an award during the 2014-15 academic year, new students must have filed the FAFSA by October 1, 2014. Prior TAG recipients must have filed by June 1, 2014.
- Be a U.S. citizen or eligible noncitizen
- Not be in default on a federal or state student loan
- Not owe a refund on a federal or New Jersey grant or scholarship
- Not have received a baccalaureate degree
- Making satisfactory academic progress according to Georgian Court University guidelines
- Register with the Selective Service (if required by federal law)
Students who demonstrate a high level of academic achievement and attend high schools in New Jersey's urban and economically distressed areas (as determined by the New Jersey Department of Education) will be considered. Awards of $930 are made to students who are nominated for consideration by their high schools based upon standard academic criteria. Recipients will be notified by the NJ Higher Education Student Assistance Authority (NJHESAA) in the fall of their senior year; awards may be renewed for up to eight semesters of full-time enrollment based on continued eligibility and available funding. Students do not need to reapply for award renewal.
Educational Opportunity Fund (EOF) Grants
Educational Opportunity Fund (EOF) grants are funded by the state of New Jersey and provide assistance to needy full-time undergraduates residing in New Jersey. This competitive program assists students from educationally disadvantaged backgrounds who demonstrate the potential for success at Georgian Court University.
The EOF program is for educationally and economically disadvantaged students with exceptional financial need. Recipients must be enrolled full-time at Georgian Court University.
Students are admitted into the EOF Program by the Georgian Court University EOF staff. Campus EOF programs include summer sessions, tutoring, counseling, and developmental courses. For more information, contact Doris Overton in the EOF Office at 732-987-2235.
NJ STARS II
NJ STARS recipients who earn an associate degree from a county college with a cumulative GPA of 3.25 or higher, have a family income (taxable and untaxed income) less than $250,000 and meet all other program eligibility requirements may be eligible to receive an NJ STARS II award in the amount of $2,500 per academic year to transfer to New Jersey TAG participating college or university to earn a baccalaureate degree.
Important Application Deadlines
New Georgian Court University students entering for the 2014-15 academic year must have applied by October 1, 2014, to receive consideration for fall and spring term awards, and by March 1, 2015, to receive consideration for spring only awards (on a funds-available basis). Continuing EOF students must have applied by June 1, 2014.
Georgian Court University ("GCU") Institutional Grants
GCU Grant - Awarded to eligible full time undergraduate students attending the Lakewood campus who complete the appropriate year FAFSA. The grant is need based and the amounts are determined by the results of the FAFSA and the awarded amounts of any additional federal, state, external and institutional monies.
The award is renewable at the university's discretion.
The student must maintain Satisfactory Academic Progress.
If applicable, the student must have all requested documentation needed to complete the financial aid process by the deadlines posted on the GCU financial aid website. Failure to meet these deadlines will result in the denial of the grant. There is no appeal process for missed deadlines.
Georgian Court University reserves the right to review, adjust, or cancel awards at any time because of changes in your financial ,academic status, academic program, athletic program, resident status , enrollment status ( fulltime to part time) , or students code of conduct violations. Awards are contingent upon actual receipt and verification of funds by GCU. If adjustments are made to the university’s federal and /or state allocations, the university reserves the right to adjust individual institutional aid awards at the beginning of each semester, as necessary. All students’ financial aid awards, to include the universities institutional aid, are contingent on the availability of funds. The Georgian Court University Financial Aid Office reserves the right to review and cancel awards at any time during the academic year if you fail to meet the requirements of the Satisfactory Academic Progress Policy or because of changes in your financial or academic status, academic program, resident status, enrollment status, etc. All student financial aid awards are contingent on the availability of funds.