Pell Grant
The Federal Pell Grant is offered based on credit hours. 12 or more credit hours is considered full-time, meaning a student could be eligible to receive full Pell. Under 12 hours is considered part-time and will receive a percentage of the Pell based on credit hours enrolled. The maximum award is $7,395. If you have any questions please contact the Finanical Aid Office at FinAid@rhodesstate.edu or 419-995-8802.
Scholarships
The Rhodes State College Foundation scholarships are possible through the generous donations of employees, alumni, friends of the College, organizations and businesses. Scholarships provide students the ability to achieve success at Rhodes State College and meet the intent of the scholarship donors.
Supplemental Education Opportunity Grant
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 than 1.99. The maximum yearly award is $1,500 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 the FAFSA by May 1.
Federal Work Study
The Federal Work Study Program (FWSP) award determination is based on the date the FAFSA was submitted and an unmet need greater than $1000. Funding is limited. A student who is not eligible for the Federal Work Study grant may be eligible to work at the college and be paid wages. All student employees must follow all the rules in the Student Employment Program Handbook and the Standards of Satisfactory Academic Progress (SAP). All work-study positions are posted at schooljobs.com. No awards can be disbursed until all appropriate paperwork is submitted to Human Resources.
Federal Stafford Loans
Both the subsidized and unsubsidized loan must be repaid. The maximum loan for dependent students is $5,500 for up to 30 earned hours and $6,500 for 31 hours to program completion. For independent students and dependent students whose parent was denied a PLUS loan, an additional $4,000 may be secured each year. Failure to maintain at least six credit hours each term will result in the cancellation of the loan.
Federal Direct PLUS Loans
The PLUS loan is a loan borrowed by a parent for a dependent undergraduate student. The maximum award amount is the student’s Cost of Attendance less other financial aid that the student receives. A student must be registered for at least six credit hours to remain eligible. Failure to maintain at least six credit hours each term will result in the cancellation of the PLUS loan.
Other Financial Assistance (OFA) is all financial aid from other sources that the student is expected to receive. Need based aid includes: Subsidized loans, Pell grant, Federal Work Study and certain scholarships. All federal, state, and institutional aid cannot exceed the student’s Cost of Attendance (COA). COA less Student Aid Index (SAI) less OFA = total subsidized loan. COA-OFA, including subsidized loans = total unsubsidized loan.