Hodges Student Handbook

STUDENT FINANCIAL RESOURCES

FINANCIAL AID

General Description Hodges University remains in compliance with all requirements for eligibility to award student financial aid under the Title IV, Federal Higher Education Act (Financial Assistance) and through programs administered by the Florida Department of Education. Currently, students may be eligible for funding such as the Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Direct Student Loans, Federal PLUS Loans, Federal Work-Study Employment funding, Florida Effective Access to Student Education Grant (formerly known as Florida Resident Access Grant), and Florida Student Assistance Grant. Certain types of financial aid are available to eligible students. If the student is eligible, an appropriate award package will be developed and presented to the student. Prior to the actual disbursement of any financial aid, a student may have to accept/deny any funding that will be disbursed and/or complete a verification process which will document certain information provided.

Federal Pell Grant The Federal Pell Grant is designed to assist students in continuing their education beyond high school and also to provide students with a basis of financial assistance to help defray the cost of postsecondary education. A need- based grant awarded only to undergraduate students, does not need to be repaid. Students already holding a bachelor’s degree are not eligible for this grant. The amount of the grant is determined by the student’s need and the cost of attendance at the university. Federal Supplemental Educational Opportunity Grant (FSEOG) The Federal Supplemental Educational Opportunity Grant aids undergraduate students with exceptional need to help pay for their postsecondary education. The amount of grant funding is based on availability of funds and institutional awarding policies for students with three or more in their family and a zero Estimated Family Contribution (EFC) on their FAFSA.

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Hodges University Student Handbook

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