While preparing for college, students are encouraged to explore all available options to apply for financial aid. Close to $150 Billion in Federal Aid is awarded to students every year by The U.S Department of Education in the form of Grants, Loans, Scholarships, and Work-Study funds.
Different forms of Financial aid available to students are federal, state, institutional, and private. These funding methods will make the College more affordable.
Filling out the Free Application for Financial Students Aid (FAFSA) is the first step when applying for federal aid. After completing FAFSA, students can know for which Federal aids they qualify. Factors like income, previous education, and dependents determine the amount of aid a student is eligible for.
Steven Henager College recommends filling their school code of 003674.
There are a number of federal aid financing methods available like:
- Federal Pell Grant
- Federal Supplemental Educational Opportunity Grant (FSEOG)
- Direct Subsidized Loan
- Federal PLUS Loan.
State-based aids are also available to students after they complete their FAFSA form. A private aid option is also available to students.
The average financial aid available to students according to The US Dept of Education is $6,988. Stevens-Henager College also offers scholarships to students. Scholarships are awarded to students after they fill an application form, are eligible, and their application gets approved by the Institution.
A GPA of 3 is required to be eligible for Scholarships. Students graduating from high school with a GPA of 3.5 or higher will get a financial aid of $8000, other students will have to take the Otis Lennon test and then be awarded scholarships ranging from $7000 to $8000.