Financial Aid offered at San Ignacio University

Financial Aid offered at San Ignacio University


The following aid is offered at San Ignacio University:

  • Grants

  • State Scholarship

  • Federal Student Loans

  • Veteran Aid

 

Grants

Grants are supplied by the federal government, state government, or the institution, to meet the cost of your education. Grants are, generally, based on financial need as determined by the Free Application for Federal Student Aid (FAFSA). There is no repayment obligation tied to grants.

Grant Award 2019-2020 Academic Year Application Process and Criteria
Federal Pell Grant

Up to $6,095.00

2019-2020

Up to $6,195.00

Need-based, complete the FAFSA. Students must be enrolled full-time in order to receive the maximum amount of Pell Grant. Awards are prorated and adjusted according to enrollment and attendance.
Jose Marti Scholarship Challenge Grant (State of Florida) $2,000 The student is a Florida resident of Hispanic origin, minimum unweighted high school GPA of 3.0, Priority is for need-based; complete the FAFSA and Initial Student Florida Financial Aid Application. Graduates may apply. Must complete the Florida Residency Affidavit.
The Florida Postsecondary Student Assistance Grant (State of Florida) Minimum award of $200, maximum award of $2,413 per year, determined by the University Need-based, complete the FAFSA renewable for up to 9 semesters based on satisfactory academic progress and continued need. Must complete the Florida Residency Affidavit.
Iraq and Afghanistan Service Grant Up to $6,095.00 (an amount equal to the Pell Grant) The student is not eligible for Pell Grant, but whose parent or guardian was a member of the U.S. Armed Forces and died as a result of service performed in Iraq or Afghanistan after September 11, 2001. Must be 24 years of age or under, or enrolled in college at the time of the parent or guardian’s death

State Scholarship

Click here for more information.

Scholarship Award 2019-2020 Application Process Criteria
Jose Marti Scholarship Challenge Fund  

•Be Florida resident

•US citizen or eligible noncitizen.

•Be of Hispanic culture (born in or having a natural parent who was born in either Mexico or a Hispanic country of the Caribbean, Central or South America, regardless of race). •GPA requirements: ◦Undergraduate scholarships: Have earned a 3.0 minimum unweighted cumulative GPA by the fall semester of senior year in high school. ◦Graduate-level scholarship: 3.0 institutional cumulative GPA for undergraduate college work.

•Enroll as a degree-seeking: ◦Undergraduate: for a minimum of 12 credit hours of study each term. ◦Graduate: for a minimum of 9 credit hours of study each term.

•Not owe a repayment or be in default under any state or federal grant, loan, or scholarship program unless satisfactory arrangements to repay have been made.

Florida Bright Futures Scholarship

  • Florida Academic Scholar
  • Florida Medallion Scholar

Florida Gold Seal Vocational Scholar

$76 or $101 per credit hour Academic Merit awards - Complete the Initial Student Florida Financial Aid Application (FFAA) during his/her last year in high school prior to graduation – can be completed on-line. Must meet academic requirements set by the Florida Legislature which may change annually. Must complete the Florida Residency Affidavit

Florida Scholarship for

Children/Spouses of Deceased or Disabled Veterans

  • $4,272 ($2,136 per semester for 12+ credits)
  • $3,204 ($1,602 per semester for 9-11 credits)
  • $2,136 ($ 1,068 per semester for 6-8 credits)

Dependent children or un-remarried spouses of Florida veterans or service members who died as a result of service-connected injuries, diseases, or disabilities sustained while on active duty OR who have been certified by Florida Department of Veterans Affairs as having service-connected 100% permanent and total disabilities; Complete the Initial Student Florida Financial Aid Application by April 1 and ensure that the Florida Department of Veterans Affairs certifies the applicant’s eligibility by April 1. Must complete the Florida Residency Affidavit.

Vocational Rehabilitation School to Work Program Varies per Applicant

All Students or young people with disabilities should be encouraged to apply for VR services.

Students who have an Individual Educational Plan (IEP)

Students who have a 504 Plan

Students or young people who don't need academic or physical accommodations in high school, but may need them later.


Federal Student Loans

San Ignacio University participates in the federal Direct Loan program for federal Stafford and PLUS loans. Direct Loans are low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education, though the entity you deal with, your loan servicer can be a private business such as a bank.

All loans must be repaid by the borrower, and should, therefore, be used as a last option for University financial aid. Loan(s) will be submitted to the National Student Loan Data System (NSLDS) and will be accessible by guaranty agencies, lenders, and institutions determined to be authorized users of the data system.

Loan 2019-2020 Application Process and Criteria

Federal Direct Student Loan (Loans must be repaid-with interest)

Direct Subsidized Loan

Up to $5,500, depending on grade level and dependency status.

For more Direct Subsidized Loan details and updates, visit studentaid.gov/sub-unsub.

For undergraduate students who have financial need, the U.S Department of Education generally pays interest while the student is in school and during certain other periods; the student must be enrolled at least half-time.

Interest rate is 3.76% for a loan first disbursed on or after July 1, 2016, and before July 1, 2017, and fixed for the life of the loan. Borrowers may not receive this type of loan for more than 150% of the length of their program of study; the U.S. Department of Education may stop paying interest if a student who received direct subsidized loans for the maximum period continues enrollment.

(Loans must be repaid-with interest)

  • Direct Unsubsidized Loan

Up to $20,500, depending on grade level and dependency status.

For direct unsubsidized loan details and updates visit studentaid.gov/sub-unsub.

For undergraduate, and graduate, or professional students; the borrower is responsible for all interest; the student must be enrolled at least half-time; financial needs is not required.

Interest rate is 3.76% for a loan first disbursed on or after July 1, 2016, and before July 1, 2017, and fixed for the life of the loan. Borrowers may not receive this type of loan for more than 150% of the length of their program of study; the U.S. Department of Education may stop paying interest if a student who received direct subsidized loans for the maximum period continues enrollment.

Federal Direct PLUS Loan The annual limit is equal to the student's cost of attendance minus any other financial aid the student receives. The parent must complete a Direct PLUS Loan Application and Master Promissory Note (MPN).
For more information on interest rates visits www.studentaid.gov/interest for more information on types of federal student Aid, visit www.studentaid.gov/types

 

Veteran Aid

For information on Veteran Aid, click the following link for the Veteran Benefit page.

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