Gratz College reckons that students should not be denied the opportunity of education because of financial reasons. As a result, deserving students in need of financial assistance can apply for institutional aid, fellowships, and loans. The college assures to do everything in maximizing the amount of aid awarded to a student provided that the student meets the Federal eligibility. To supplement the aid from Federal, State, and Private sources, the college also provides institutional aid for its students.
Many Scholarships and Fellowships in the form of institutional aid are offered to students by Gratz College. Eligibility and qualification for these scholarships depend on factors like financial need and terms of donors or funding agencies.
The following financial aid options are available for students at Gratz College:
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Grants: They do not need to be repaid by students. Grants include Federal and State grants.
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Federal Pell Grant: This grant is available for Undergraduate students. Federal Pell Grant is awarded based on EFC(Expected Family Contribution), COA(Cost Of Attendance), and enrollment status.
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Federal Direct Loan Program: This loan program helps students pay for their educational expenses by borrowing directly from the government. Repayment of the loan generally initiates six months after the student has graduated.
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Federal Direct Subsidized Federal Loan (Undergraduate Students only)
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Federal Direct Unsubsidized Federal Loan
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Federal Direct Parent PLUS Loan
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Federal Direct Graduate PLUS Loan
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Alternative Loan: When federal aid options have been exhausted, Private loans can be considered for financial aid. These loans are offered through private lenders, as a result, their terms and conditions vary greatly.