The Pell Grant Program is the largest of the Federal Student Aid grant programs and provides a “foundation” of financial aid to which assistance from other federal and non-federal sources may be added. The Pell Grant is available only to degree-seeking undergraduate students who have never received a baccalaureate degree.
The maximum annual Pell Grant for the award year may change from year to year according to Congressional appropriation. Pell Grant eligibility is based on the Expected Family Contribution (EFC) which is determined from the Free Application for Federal Student Aid (FAFSA). The amount of Pell Grant that is disbursed varies in accordance with students’ enrollment status. One annual Pell Grant award provides two full time terms of eligibility.
Federal Supplemental Educational Opportunity Grant
These grant funds are available on a limited basis to undergraduate students with high documented financial need who are pursuing their first undergraduate degree. Grants may range from $100 to $800 for an academic year.
A student must meet the priority deadline of March 1st and be enrolled full time to receive an FSEOG.
A Little Help From The Sunshine State
Florida resident? You’re in luck. Beacon works with the state to provide eligible students with Florida Bright Futures Scholarships and Florida State grants. You may also apply your Florida Prepaid College Plan savings to your Beacon College education.
What you need to do:
- Complete and file the FAFSA before March 1. (Make sure to list Beacon College’s school code: 0033733.)
- Consult your high school guidance counselor in Dec. of your senior year to fill out the Bright Futures scholarship paperwork.
The Florida Bright Futures Scholarship program is only available to Florida residents who have graduated from a Florida high school and are citizens or permanent residents of the United States. Florida residency and eligibility for Florida State aid programs are based on state law and administrative rules. Generally, students whose families have been living in Florida 12 months prior to the start of the school year are considered residents. A full and complete description of rules and regulations regarding Bright Futures and other state aid can be found via the state’s Office of Student Financial Assistance.
Florida Bright Futures Scholarship Program
To qualify, a student must have at least a 3.0 high school GPA and a 1170 SAT (math and critical reading) or 26 ACT composite.
Bright Futures Academic Scholars
Eligible students receive approximately $3,090 (30 credits x $103/credit hour) per year. Eligible applicants must have a 3.5 high school GPA, a 1290 SAT or 29 ACT composite and 100 hours of community service.
Bright Futures Medallion Scholars
Eligible students receive approximately $2,310 (30 credits x $77/credit hour) per year. Eligible applicants must have a 3.0 high school GPA and a 1170 SAT or 26 ACT composite and 75 hours of community service.
Florida State Grants
All full-time undergraduate students who meet the Florida residency requirements are eligible to receive this financial assistance from the state.
Florida Resident Access Grant (FRAG)
This amount varies from year to year based on available state funds; however, the amount awarded for 2013-2014 was $2,467. The state legislature will determine the amount for the next academic year.
Florida Student Assistance Grant (FSAG)
Grants approximate $1,754 per year and are based on demonstrated financial need.
Florida Prepaid College Plan
Beacon College is an eligible institution for the Florida Prepaid College Plan (FPCP) program. Accumulated funds may be applied toward expenses at Beacon College. Visit the FPCP Office for further details.