Types of Aid
There are two main types of aid award to students at Kent State Tuscarawas, Grants and Loans. Grants are gift aid that does not have to be paid back and loans are considered self help aid and must be repaid.
All types of aid require that you complete a Free Application for Federal Student Aid (FAFSA) form. This can be filed online at www.fafsa.gov.
Here are some of the most common forms of aid awarded to students at Kent State Tuscarawas:
Federal Pell Grant - Pell Grant eligibility is based on financial need according to a formula that is determined by the Department of Education. Pell Grants are automatically awarded to all students who are determined eligible once a FAFSA form is received.
Federal Supplemental Educational Opportunity Grant (SEOG) - The SEOG is a campus-based aid program with limited funding. This grant is intended for undergraduates with exceptional financial need. Students must file a FAFSA form by the priority deadline and meet other criteria to be considered for an SEOG grant.
Federal Direct Student Loans - All students who meet the federal requirements and are enrolled in at least 6 credits per semester are eligible to receive a Direct Student Loan regardless of income. Direct Student Loans are not based on credit scores and do not require a student to have a bank account. Direct Student Loans come in two categories Subsidized and Unsubsidized. Subsidized loans are based on financial need. The federal government pays the interest and the principle is deferred on the loan as long as you are enrolled in at least 6 credit hours per semester. Unsubsidized loans are not based on financial need and you are responsible for the interest while they are in school. The principle is deferred as long as you are enrolled in at least 6 credit hours per semester.
Federal Perkins Loan - This is a campus-based loan program with limited funding. This loan is intended for undergraduate students with exceptional financial need. Students must file a FAFSA form by the priority deadline and meet other criteria to be considered for an SEOG grant.
Direct Parent Loan for Undergraduate Students (PLUS) - The PLUS loan is for parents of dependent students who wish to borrow aid to cover the cost of their child's educational expenses. Parents must fill out a a parent PLUS loan application available by clicking here. PLUS loan is credit based but if a parent is denied a student may borrow additional funds under the Direct Loan program.