Federal PELL Grant & Campus-based
Federal Aid Programs
Federal Assistance Plans (TITLE IV)
FEDERAL PELL GRANTS
Matriculated students attending or planning to attend college on a one-half (6, 7 or 8 credits plus equated credits), or three-quarter (9, 10, or ll credits plus equated credits) or full-time (12 or more credits plus equated credits) basis may apply for this Federal grant program. Students should use the Free Application for Federal Student Aid (FAFSA). These applications are available in the Financial Aid Office in the early Spring of each year. This application starts with the Fall semester (Fall ‘95), continues into the Spring (Spring ‘96), and ends with the summer (Summer ‘96). The summer PELL is only available if the student has not used all his/her PELL award during the fall and spring semester and attends the summer session.
The student must send the completed FAFSA in the appropriate envelope to the College Scholarship Service (CSS), which will transfer the information to the PELL processor for the determination of the Effective Family Contribution (EFC). In about one month CSS will send to each student a Student Aid Report (SAR), which contains the EFC. The SAR should be brought to Queensborough’s Financial Aid Office immediately in order for the PELL award to be determined. If the SAR is received in the Financial Aid Office before the student’s registration date, tuition and fees will be reduced by the amount of PELL award. If the SAR is received after classes have begun, the student will pay the tuition and fees at the time of registration and will be reimbursed later in the school year.
Eligibility for PELL
Eligibility and award amounts are based on need. The formula used to determine the need is voted upon by Congress each year. Students are notified by the Financial Aid Office about the conditions for receiving PELL payments and how and where these payments can be received. To remain eligible, students must attend classes and continue to make satisfactory academic progress in their chosen program of study. (See additional information about satisfactory progress on pages 23-24.)
Note: A student must have achieved at least a 2.00 GPA after two years of attendance at Queensborough. PELL will only pay for a maximum of thirty (30) equated credits, excluding ESL courses.
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FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS (FSEOG)
FSEOG grants are available to exceptionally needy full-time and part-time (at least half-time) students. These grants range from $200 to $2,000 annually. Students apply for this program on the City University Financial Aid Form (CUNY-FAF). Students must maintain satisfactory academic progress as stated under the PELL program.
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FEDERAL PERKINS LOAN PROGRAM (FPKL)
Queensborough Community College participates in the Federal Perkins Loan Program. Applicants may borrow up to a maximum of $5,000 during their first two years at Queensborough, provided they remain in good standing. The amount a student may receive is determined by financial need and availability of Federal funds. No interest is charged during the time the borrowe2r is enrolled as a qualified student. Upon termination of study, a period of grace extends for six months before payments begin at 5 percent simple interest for up to a ten-year repayment period. Application is made through the Financial Aid Office by completing The City University Financial Aid Form (CUNY-FAF). To continue their eligibility, students must be enrolled at least half-time and maintain satisfactory academic progress as stated under the PELL program.
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FEDERAL WORK-STUDY PROGRAM (FWS)
Queensborough Community College participates in the Federal Work-Study Program. The program enables a qualified student to pursue a degree while holding a part-time job. This employment may be located on or off campus and may take place during the academic year (including vacation periods) and/or during the summer months. Eligibility for this program is based on the financial status of the student and/or his or her family. Recipients are required to maintain satisfactory academic progress as stated under the PELL program. Students must apply on the CUNY-FAF form.
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