Laurus College Financial Aid and Scholarships
Students Receiving Aid
69%
Total Aid Amount
$3.497M
Financial Aid Official Website
www.lauruscollege.edu
Laurus College assists the students to help themselves in availing a variety of financial aid packages in the form of grants, scholarships, work-study and loans. Students have the opportunity to choose from the wide variety of financial aid services keeping in mind the guidelines meant for eligibility and qualification. The students are flexible to opt for assistance with due respect to their specific needs and plan accordingly as per their family income and progress in academic sessions. They must complete the FAFSA and meet other institutional requirements to apply for the most suitable financial aid.
However, the institution has awarded total aid of $3,497,337 catering almost 69% of the students enrolled for a variety of programs under the college.
Scholarships
These financial aids support students no matter whichever program they enrol for considering their eligibility, academic performance and leadership qualities. The recipients are not supposed to repay them once availed. Students are encouraged to select from a wide variety of scholarships. To have a look at that, visit Laurus College Financial Assistance.
Grants
These are financial aid services derived on the merit and demonstrated need of students who are not required to be returned back once you apply and make use of that. For better information, these bulletins will guide you to select the most appropriate aid as per your specific needs.
Federal Grants
Federal grants include:
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Pell Grant: Under usual conditions and circumstances, the undergraduates need not repay Pell Grants. The amounts are under continuous change which is determined through the cost of attendance, the number of credits per quarter, degree enrolled for and full or half-year academic plans.
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Federal Supplemental Educational Opportunity Grant: This can be used to help both Pell Grant eligible and in-eligible students, where it must be ensured that the former is served first where they have the least expected family contribution and then the latter. The range fluctuates in between $100 - $4,000.
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Federal Work-Study: To support undergraduates with financial needs, part-time working opportunities are allotted to help them pay their study program expenses.
State Grants
The State is responsible for providing specific grants to the residential candidates confined to a list of terms and conditions regarding their academic results or grade point average considering which the grant amount is generated.
Institutional Grants
Apart from all the above financial assistance, Laurus College itself has specific grants to support those with feeble financial background. You may contact the college authorities for further guidance.
You may visit the official page to dig into more details.
Loans
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Federal Direct Subsidized Stafford Loan: The interests for this loan are paid by the U.S.Department of Education without any credit check. The amount may reach up to $3,500 and $4,500 for first and second-year candidates based on their needs.
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Federal Direct Unsubsidized Stafford Loan: The interests for this loan are paid by the students itself during all periods without any credit check. For first and second-year students, whether they are dependent or independent, the loan amount is around $6,000, whereas, for all other dependent students the award amounts to $2,000.
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Federal Direct PLUS Loan: To apply for such loans, the students must make sure that there is no such adverse credit history.
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