James A. Rhodes State College

Home Page > Financial Aid

Basic Aid Opportunities

The following programs are available at James A. Rhodes State College:

1. Pell Grant - The Federal Pell Grant is awarded based on full-time (12 hrs. or more), part-time (9-11 hrs.), half-time (6-8 hrs.), or less then half-time (1-5 hrs.).  The award maximum is $4,310.
2. SEOG - The Federal Supplemental Educational Opportunity Grant is awarded to those students who have the lowest EFCs, are enrolled full-time, and have a GPA greater tan 1.99.  The award maximum is $750 and funds are limited.  Not all students who meet the qualifications will be awarded SEOG, due to budget allocations.  Priority is given to those students who file FAFSA by May 15.
3. Federal Work Study - The Federal Work Study Program (FWSP) has been an initial award of $2000 per year.  Award determination is based on the date the FAFSA was submitted.  Priority is given to those who meet the May 15 deadline; the date the FWSP application was submitted to the Financial Aid Office; and those students who have an unmet need greater than $2000.  Funding is limited.  You must secure college employment on your own.  A list of potential campus employers is located in the Financial Aid Office.  No awards can be disbursed until all appropriate paperwork is submitted to the Business Office.
4. Federal Stafford Loans - Both the subsidized and unsubsidized loan must be repaid.  The maximum load for dependent students is $3500 for up to 44 earned hours and $4500 for 45 hours to 162 hours.  For independent students an additional $4,000 may be secured each year.  Failure to maintain at least six credit hours each quarter will result in the cancellation of the loan.
5. Ohio Instructional Grant (OIG) - This award is made from the Ohio Board of Regents and is based on income levels as submitted on the FAFSA form.  To be eligible to receive the OIG, a student must maintain full-time status, and be seeking an associate degree, not a certificate program. This grant is being phased out by the Ohio Board of Regents and a student must also have attended college before the 2006 aid year to possibly be eligible. The award may not exceed the cost of tuition and excess award cannot be refunded.
6. Ohio College Opportunity Grant - the Ohio College Opportunity Grant Program (OCOG) provides need-based tuition assistance to Ohio students from low to moderate-income families. This program is a result of the merging of the Part-Time Instructional Grant and the Ohio Instructional Grant, with the intent to increase access to higher education.
7. Academic Competitiveness Grant - The Academic Competitiveness Grant is available for the first time for the 2006-2007 school year for first year students who graduated from high school after January 1, 2006, and for second year students who graduated from high school after January 1, 2005. The Academic Competitiveness Grant award is in addition to the student's Pell Grant award.
   
   An Academic Competitiveness Grant will provide up to $750 for the first year of undergraduate study and up to $1,300 for the second year of undergraduate study to full-time students who are eligible for a Federal Pell Grant and who had successfully completed a rigorous high school program, as determined by the state or local education agency and recognized by the Secretary of Education. Second year students must maintain a cumulative grade point average (GPA) of at least 3.0.

All federal, state, and institutional aid cannot exceed the students' Cost of Attendance (COA).  COA less Expected Family Contribution (EFC) = total aid eligibility.  (Federal Student Aid Handbook, Vol. 1, Ch. 7, pgs. 117-124.)

Other Sources of Financial Aid

Students are encouraged to check the internet for additional private scholarship and funding opportunities. www.fastweb.com or www.collegequest.com are two reliable sources.  Also local, county and state agencies, such as BVR, may have funding sources, based on specific criteria.

Note:  Student aid packaging will include funding from other third party sources in combination with all federal, state and institutional aid which cannot exceed the student's Cost of Attendance (COA).