Financial Aid
The financial aid options for our online programs include these options:
- Stafford Loans - subsidized and unsubsidized long-term, low interest loans through the federal government
- Pell Grants - Federal grant for students who demonstrate need. It is a federally funded program for U.S. citizens or eligible noncitizens. Maximum award: $5,550 per year
Your eligibility is based upon a review of your data as submitted on your Free Application for Federal Student Aid (FAFSA) and on other supporting documents, if required. You must be enrolled or accepted for enrollment in a degree, certificate or professional program. Your enrollment status must be at least half-time, (the equivalent of 6 units), and you must be a citizen or eligible non-citizen (permanent resident) of the United States.
Once you've applied for one of the programs and have questions regarding financial aid, contact Jill Brower in the Financial Aid office for more information.
Are you military?
If you are active military or a veteran, your education benefits can be used for yourself or dependents. Financial Resources for Veterans http://www.fullerton.edu/veterans/resources/financial.html
Stafford Loans
The Federal Direct Stafford Loan Program enables students to obtain long-term, low interest loans through the federal government.
We will automatically offer you a Federal Direct Stafford Loan if you qualify. You are not required to accept the loan and we will not process the loan unless you accept it.
Subsidized
- Based on financial need
- Federal government pays interest on your behalf until 6 months after you graduate or drop below half-time
- Repayment begins at the end of the 6 months grace period
Unsubsidized
- No need based
- Maximums based on grade level and dependency status
- Federal government does not pay interest
- Interest is variable
- No obligation to make payments while enrolled at least half-time
Fees
1% origination - 0.5% rebate = 0.5%
For complete information regarding these low-interest loans, download the Financial Aid details.
Pell Grants
- Federal Pell Grants are direct grants awarded through participating institutions to students with financial need who have not received their first bachelor's degree.
- Unlike a loan, does not have to be repaid
- Currently the maximum Pell grant is $5,550 per year
- The amount awarded depends on your financial need, costs to attend school, status as a full-time or part-time student, and plans to attend school for a full academic year or less