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Federal PELL Grant Program
The Federal PELL Grant program is for undergraduate students who have not yet completed a first baccalaureate or professional degree. Awards are based on your Expected Family Contribution (EFC) and enrollment status. Grants range from $400 to $4,310 per academic year.
The beauty of the Federal PELL Grant is its portability. If a student applies, demonstrate financial need and meets all of the eligibility criteria, he or she will receive a Pell Grant at any eligible school attended. Unlike other federal financial aid programs, the receipt of a Pell Grant does not depend upon the availability of funds at a particular school.
Pell Grants are designed to help the neediest students. A student who is not eligible for a Pell Grant may be eligible for other financial aid. The total amount of aid a student receives, including a Pell Grant cannot exceed the student's cost of attendance. As with all other federal aid programs, student must reapply for a Federal PELL Grant every school (or academic) year.
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Academic Competitiveness Grant (ACG)
ACG is a federal grant given to students who meet the following criteria:
* U.S. citizens,
* Federal PELL Grant eligible,
* Full-time enrollment,
* 1st and 2nd year undergraduate,
* Complete a rigorous secondary school program of study.
First year undergraduate students may be eligible for up to $750 per academic year. Second year undergraduate students may be eligible for up to $1,300.
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Federal Supplemental Educational Opportunity Grant (FSEOG)
The FSEOG program is a campus-based federal financial aid program. This means that each college participating in the program receives a set amount of money to distribute to students. The regulations governing FSEOG require that funds be awarded first to the "neediest" financial aid students or those with the lowest income. In addition, priority is given to Federal PELL Grant recipients. Because the amount of funding in FSEOG is limited, FSEOG awards will be given first to those applicants who have completed their financial aid files by the first priority deadline of May 1st. The annual award at Los Angeles Mission College is $400.
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Federal Work Study (FWS)
The FWS program is a federal program which enables students the opportunity to earn part or all of their financial need by working on or off campus while in school to help pay for college costs. This type of part-time work can add to a student's educational experience and can be a valuable asset when seeking employment after college graduation. The Work Study award reflects the amount of money that student is eligible to earn as wages. The placement on a job depends upon skills, availability of jobs and the hours available for work. Because the amount of funding in FWS is limited, FWS awards will be given first to those applicants who have completed their financial aid files by the first priority deadline of May 1st and who have indicated an interest in FWS on the FAFSA.
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Federal Perkins Loan
The Federal Perkins Loan program is a low interest (5%) loan designed to help students with exceptional need. Since funding is limited on this loan, priority is given to students with zero EFC and with an earlier priority date.
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Federal Stafford Program
The Federal Family Educational Loan Program is a fixed interest rate (6.87%) loan program for students who are attending college at least half-time (6 units or more) and who show financial need. Loans are made by a lender such as a bank. There are two types of Stafford Loans: they are subsidized and unsubsidized Stafford Loans.
The subsidized Stafford loan is based on financial need and the federal federal government pays the interest on the loan as long as the student is enrolled for at least 6 units at LAMC.
The unsubsidized Stafford loan is available to those with or without documented financial need. The interest on an unsubsidized loan continues to accrue from disbursement of loan proceeds to repayment of the loan.
At LAMC, we do not automatically package federal student loans. Students who are interested in student loans, must attend our Federal Loan Entrance Counseling workshops. The sign up for the loan workshops, you must call the Financial Aid Office at (818) 364-7648 or visit our financial aid website at www.lamission.edu/financialaid.
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Cal Grant Program
Cal Grant awards are state grants that are awarded and administered by the California Student Aid Commission (CSAC). To apply for a Cal Grant, you must complete the Free Application for Federal Student Aid (FAFSA) and have a Grade Point Average Verification form sent to CSAC by March 2nd for the following academic school year you are applying for.
At LAMC, we participate in the Cal Grant B and Cal Grant C programs.
The Cal Grant B program is intended to help students from disadvantaged/low income families. Awards are up to $1551 per academic year and may be renewed up to four years.
The Cal Grant C program helps vocational students. Cal Grant C may not be used to pursue a four-year degree program. Students must be enrolled in a vocational program to receive this grant.
To find out more on the various Cal Grant Programs, visit the California Student Aid Commission's website at www.csac.ca.gov
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Chafee Grant
Chafee Grant is a federal grant administered by the California Student Aid Commission and provides financial assistance to current and former foster youth to use for college and vocational training. Eligible students may receive up to $5,000 per academic year. To learn more about this program, click here for more information, or you may visit the California Student Aid Commission website at www.csac.ca.gov.
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Child Development Grant Program
The Child Development Grant Program (Program) is a need-based grant designed to encourage students to enter the field of child care and development in a licensed children�s center. Students who plan to enroll at least half-time in coursework leading to a Child Development Permit as teacher, master teacher, site supervisor or program director, are eligible to apply through the institution they plan to attend. To be eligible, an applicant must meet each requirement:
* Be a U.S. citizen or an eligible noncitizen,
* Be a California resident,
* Meet federal Selective Service filing requirements,
* Submit a completed Free Application for Federal Student Aid,
* Enroll in approved courses leading to a Permit,
* Be nominated by an eligible postsecondary institution or nominated by the employing
agency,
* Maintain at least half-time enrollment in approved courses leading to a Permit,
* Maintain satisfactory academic progress as defined by the postsecondary educational
institution,
* Commit to full-time employment in a licensed children's center in California for a period of
one year for each year of benefits received.
Selected grant recipients attending a two-year postsecondary institution are eligible to receive up to $1,000 per academic year. Grants may be renewed for one additional year, with a two year maximum, pending budget approval.
To learn more about this program, visit the California Student Aid Commission website at www.csac.ca.gov.
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Board of Governor's Fee Waiver Program
The Board of Governors Fee Waiver Program is offered by the California Community Colleges. Under this program, enrollment fees are waived for students who qualify. Applicants do not have to be enrolled in a specific number of units or courses to receive the waiver and no repayment of funds is required.
You are eligible to apply for a waiver if:
1. You are a California resident, and
2. You are enrolled in at least 1 unit.
Remember, the Fee Waiver program only waives your enrollment fees. If you need more help to cover some of your educational expenses, you must complete the Free Application for Federal Student Aid (FAFSA).
To learn more about the Fee Waiver Program, click here.
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