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Federal Aid

Do I Qualify for Financial Aid from the Government?

The majority of Bryant & Stratton College Online students receive some form of financial assistance through grants, scholarships and loans. To find out if you qualify for financial assistance, ask to speak with one of our financial aid advisors. All financial aid forms can be filled out completely online.  Below is a list of financial aid options offered by the federal government to college students who have completed a Federal Application for Federal Student Aid (FAFSA) form.

Pell Grants

The Pell Grant program provides grants of up to $5,550 per year to undergraduate students. Eligibility is based on the information contained in the FAFSA form and determined by the federal government. Students should receive an electronic copy of their Student Aid Report from the federal government approximately five business days after submitting their electronic application. Your Bryant & Stratton College Online financial aid advisor will use this report to determine the amount of your grant award.
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FSEOG Program

The FSEOG program provides supplemental financial assistance to students who demonstrate financial need. Grants range from $100 to $4,000 per academic year. Eligibility for these grants is determined by the Financial Services Office of Bryant & Stratton College.
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Federal PLUS Program

The Federal PLUS (Parent Loan for Undergraduate Students) Program enables parents to borrow directly from the federal government in order to pay for a dependent child’s cost of education. Repayment begins within 60 days of the date the loan is disbursed and continues over a 10-year period. The loan has a variable interest rate that is determined annually by the federal government.
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Stafford Student Loans

Formerly known as Guaranteed Student Loans, Stafford Student Loans enable students to borrow money from the federal government for the purpose of paying for their education. The loans may be “subsidized” or “unsubsidized,” depending on a student’s financial need. Nearly all students who meet the general eligibility requirements for federal financial aid are eligible for a student loan. Note the eligibility for unsubsidized loans is larger for students living independently, because they do not qualify for the Federal PLUS Program.
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Additional Government Programs

Various government agencies also administer unique programs to help with the cost of higher education, including the Department of Veterans Affairs, Bureau of Indian Affairs, New York Vocational Educational Services for Individuals with Disabilities (VESID), Trade Readjustment Act (TRA), Workforce Investment Act (WIA) and others. To find out if you may be eligible for these, speak with your guidance counselor, a social service agency or a Bryant & Stratton College Online financial aid advisor.
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