Types Of Financial Aid
Grants are gifts of money that do not have to be repaid.
Federal Pell Grant may be awarded to undergraduate students pursuing their first bachelor’s degree. The amount of the grant is based on the EFC number, the student’s need, estimated cost of attendance, the student’s enrollment status, and the money appropriated by the Federal Government.
Federal Supplemental Educational Opportunity Grant (SEOG) may be awarded to undergraduate students who are eligible for a Federal Pell Grant. SEOG is a campus-based program; therefore, students must complete the FAFSA and meet the priority deadline of April 15.
Teacher Education Assistance for College and Higher Education (TEACH) Grant may be awarded to students who maintain a 3.25 grade point average and agree to teach full-time (for at least four years within eight years of graduation) at a school serving a high percentage of low income students. The students must agree to teach a specific subject (math, science, technology, engineering, a foreign language, bilingual education, special education, or as a reading specialist). The grant provides up to $4,000 a year (not to exceed $16,000 for undergraduates); however, if the student does not fulfill the teaching requirement, the grant funds become an unsubsidized Stafford Loan, which must be repaid.
Iraq and Afghanistan Service Grant (IASG) may be awarded to a student whose parent or guardian died as a result of U.S. military service in Iraq or Afghanistan after September 11, 2001. Applicants with a Pell-eligible EFC will be awarded a maximum Pell Grant and all Title IV aid will be based on an EFC of zero; applicants who are not Pell-eligible will receive an IASG award equal to a maximum Pell Grant for the award year. All other Title IV aid must be based on the student’s calculated EFC.
North Dakota State Student Incentive Grant Program (SSIG or State Grant) may be awarded by the North Dakota University System to full-time undergraduate students who are United States citizens, residents of North Dakota, and have not attended college for more than eight semesters. The grants are need-based and are dependent upon the availability of funds. Students apply by completing the FAFSA prior to March 15. For more information, visit http://www.ndus.edu/students/paying-for-college/grants-scholarships/#NDSSIGP.