3. The Leaves on Your Campus
Campus Based Aid
The Leaves on Your Campus

4. Agenda Federal Supplemental Education Opportunity Grant (FSEOG)
Federal College Work-Study (FWS)
Federal Perkins Loan
Fiscal Operations

5. Federal Supplemental Educational Opportunity Grant (FSEOG)
34 CFR § 676

6. Student Eligibility Eligible for other federal programs
Undergraduate only
Reasonable portions to part-time and independent students
Exceptional need
Award in EFC order (start with $0)

7. Awards $100 annual minimum $4,000 annual maximum
$4,400 annual maximum for approved student abroad programs
Student enrolled less than full-time may have award reduced

8. Federal Work Study Programs (FWS)
34 CFR § 675

9. Subparts
Subpart A – Federal Work-Study Program (34 CFR § – 34 CFR § )
Subpart B – Job Location and Development Program (34 CFR § – 34 CFR § )
Subpart C – Work-Colleges Program (34 CFR § – 34 CFR § )

10. Student Eligibility Eligible for other federal programs
Undergraduate or Graduate
Reasonable portions to part-time and independent students
Financial need

11. Payments to Students Must be paid at least minimum wage
Must be paid at least monthly
Wages can be paid to student or toward student account
Cannot be paid for receiving classroom instruction

12. Eligible Employers Institution
Some exclusions for proprietary institutions
Government, non-profit or private, for-profit
Must have agreement between institution and organization

13. Community Service 7% of FWS allocation
Must have at least one student employed as:
Reading tutor project OR
Family literacy project

14. Conditions May not: Impair existing service contracts
Displace employees
Replace employees on strike
Construct, operate or maintain facility use for religious worship or sectarian instruction
Be employed by U.S. Department of Education

15. Periods of Non-Attendance
Must enroll for next regular session
Earnings must be counted in next term’s aid package

16. Federal Share Limitations
Institution, government, non-profit – 75% federal share
Private, for-profit agency – 50% federal share
Max of 25% of FWS allocation per year
Must be related to major

17. Federal Perkins Loan
34 CFR § 674

18. Student Eligibility Eligible for other federal programs
Undergraduate or Graduate
Financial need
MPN, Entrance and Exit Counseling required

19. Loan Limits Undergraduate Graduate $5,500 annual limit
$27,500 lifetime aggregate
Graduate
$8,000 annual limit
$60,000 lifetime aggregate
$11,000 aggregate limit for first 2 years of academic work

20. Terms Interest rate – 5% fixed 9 month grace period 10 year repayment
Deferments, forbearance and cancellations available

21. Deferments (no interest)
In school
Attending graduate fellowship program
Graduate or post-graduate study outside US (Fulbright scholar)
Rehabilitation training programs for disabled persons
Seeking but unable to find employment (up to 3 years)
Economic hardship (up to 3 years)

22. Forbearance (interest accrues)
Temporary postponement of payments, extension of time for making payments, OR acceptance of smaller payment amounts
Economic hardship or lengthy illness
Request in writing with supporting documentation
Not to exceed 3 years

23. Cancellation Teaching – up to 100% Employment – up to 100%
Low income school or high need subject matter (math, science, foreign language, special education)
Head Start programs/early intervention child care
Employment – up to 100%
Nurse or medical technician, nonprofit child or family service agency, early intervention, firefighter, law enforcement, corrections officer, faculty member at Tribal College, librarian w/ masters, or speech pathologist w/ masters
15% for 1st and 2nd years
20% for 3rd and 4th years
30% for 5th year

24. Cancellation Armed Forces Peace Corps service
50% in hostile area before August 14, 2008
100% in hostile area after August 13, 2008
Peace Corps service
70% for Peace Corps service
12.5% per year for 50%
15%, 20%, 30% for 100%
15% for years 1 & 2; 20% for years 3 & 4

25. Discharge Death Total and permanent disability
Survivors of September 11, 2011 attacks
12.5% per year for 50%
15%, 20%, 30% for 100%
15% for years 1 & 2; 20% for years 3 & 4

26. Fiscal Operations

27. Application

28. Administrative Cost Allowance
First $2,750,000 – 5%
$2,750,000 - $5,500,000 – 4%
$5,500,000 and above – 3%

29. Matching Requirements
75% - federal share
25% - institutional share
Title III waiver is available

30. Transferring – up to 25%

31. Carry Forward/Back – up to 10%

32. Questions