Manhattan College Financial Aid Opportunities
To read about the financial aid programs available to you, select the type or source of aid in which you are interested. The types of aid include grant, loan, scholarship, and work study programs. The sources of aid are categorized as federal, state, and institutional.
Types of Aid
Federal Pell Grant Program
Federal Supplemental Educational Opportunity Grant
Tuition Assistance Grant
TEACH Grant
Federal Direct Loan Program
Federal Family Educational Loan Program
Federal Perkins Loan Program
College Scholarship Assistance Program
Foundation Scholarships
Federal College Work Study Program
Graduate Work Fellowships
Sources of Aid
Federal Family Educational Loan Program
Federal College Work Study Program
Federal Pell Grant Program
Federal Supplemental Educational Opportunity Grant
Tuition Assistance Grant
College Scholarship Assistance Program
Foundation Scholarships
Graduate Work Fellowship
Grant Information
Federal Pell Grant Program
A Federal Pell Grant, unlike a loan, does not have to be repaid. Pell Grants are awarded only to undergraduate students who have not earned a bachelor's or professional degree. For many students, Pell Grants provide a foundation of financial aid to which other aid may be added.
Federal Supplemental Educational Opportunity Grant (FSEOG)
This grant is for undergraduates with exceptional financial need, and gives priority to students who receive Federal Pell Grants. You do not have to repay an FSEOG.
Tuition Assistance Grant
This state grant is provided to students who demonstrate financial need.
TEACH Grant
The TEACH Grant is a new federal program that strives to encourage teachers into high-need teaching areas in K-12 low-income schools. It allows for a grant of up to $4,000 per year for students in qualifying undergraduate and graduate programs in exchange for recipients serving as full-time highly-qualified teachers in a high-need field within a low-income school upon graduation.
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Loan Information
Federal Stafford Loans
(Federal Direct Loans & Federal Family Educational Loans)
Federal Stafford Loans (Stafford Loans) are the Department's major form of self-help aid and are available through the William D. Ford Federal Direct Loan (Direct Loan) Program and the Federal Family Educational Loan (FFEL) Program. The terms and conditions of a Direct Stafford or an FFEL Stafford are similar. The major differences between the two are the source of the loan funds, some aspects of the application process, and the available repayment plans. Under this program, the funds for your Stafford Loan come to you directly from the U.S. government. If your school does not participate in Direct Loans, the funds for your Stafford Loan will come to you from a bank, credit union, or other lender that participates in the FFEL Program.
The Direct and FFEL programs also offer PLUS Loans for parents of dependent students and Consolidation Loans.
Stafford Loans are either subsidized or unsubsidized. A subsidized loan is awarded on the basis of financial need. The federal government pays interest on the loan ("subsidizes" the loan) until you begin repayment and during authorized periods of deferment. An unsubsidized loan is not awarded on the basis of need. You'll be charged interest from the time the loan is disbursed until it is paid in full.
Federal Perkins Loan Program (PERK)
A Federal Perkins Loan is a low-interest (5 percent) loan for both undergraduate and graduate students with exceptional financial need. Your school is your lender and the loan is made with government funds. You must repay this loan to your school.
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Scholarship Information
College Scholarship Assistance Program
This state scholarship is provided to students who demonstrate financial need.
Foundation Scholarships (FOUND)
Foundation Scholarships are awarded to students who meet the individual scholarship criteria. A separate application process is required.
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Work Information
Federal College Work Study Program (FCWS)
College Work Study provides jobs for undergraduate and graduate students with financial need, allowing them to earn money to help pay education expenses. The program encourages community service work and work related to the student's course of study.
Graduate Work Fellowship
Graduate Work Fellowship positions are available for students pursuing their graduate level degrees. Students generally work up to 24 hours per week in areas related to their program of study.
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Federal Aid Information
Federal Stafford Loans
(Federal Direct Loans & Federal Family Educational Loans)
Federal Stafford Loans (Stafford Loans) are the Department's major form of self-help aid and are available through the William D. Ford Federal Direct Loan (Direct Loan) Program and the Federal Family Educational Loan (FFEL) Program. The terms and conditions of a Direct Stafford or an FFEL Stafford are similar. The major differences between the two are the source of the loan funds, some aspects of the application process, and the available repayment plans. Under this program, the funds for your Stafford Loan come to you directly from the U.S. government. If your school does not participate in Direct Loans, the funds for your Stafford Loan will come to you from a bank, credit union, or other lender that participates in the FFEL Program.
The Direct and FFEL programs also offer PLUS Loans for parents of dependent students and Consolidation Loans.
Stafford Loans are either subsidized or unsubsidized. A subsidized loan is awarded on the basis of financial need. The federal government pays interest on the loan ("subsidizes" the loan) until you begin repayment and during authorized periods of deferment. An unsubsidized loan is not awarded on the basis of need. You'll be charged interest from the time the loan is disbursed until it is paid in full.
Federal College Work Study Program (FCWS)
College Work Study provides jobs for undergraduate and graduate students with financial need, allowing them to earn money to help pay education expenses. The program encourages community service work and work related to the student's course of study.
Federal Pell Grant Program
A Federal Pell Grant, unlike a loan, does not have to be repaid. Pell Grants are awarded only to undergraduate students who have not earned a bachelor's or professional degree. For many students, Pell Grants provide a foundation of financial aid to which other aid may be added.
Federal Supplemental Educational Opportunity Grant (FSEOG)
This grant is for undergraduates with exceptional financial need, and gives priority to students who receive Federal Pell Grants. You do not have to repay an FSEOG.
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State Aid Information
Tuition Assistance Grant
This state grant is provided to students who demonstrate financial need.
College Scholarship Assistance Program
This state scholarship is provided to students who demonstrate financial need.
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Institutional Aid Information
Foundation Scholarships (FOUND)
Foundation Scholarships are awarded to students who meet the individual scholarship criteria. A separate application process is required.
Graduate Work Fellowship
Graduate Work Fellowship positions are available for students pursuing their graduate level degrees. Students generally work up to 24 hours per week in areas related to their program of study.
